IF you got RA today, please list country and division.
IBM must pay $21 mln lawyers' tab after $1.6 bln loss in trade-secrets case
A Houston federal judge awarded BMC Software Inc over $21 million in attorneys' fees and other litigation costs from International Business Machines Corp on Monday, months after BMC won $1.6 billion from the tech company in a dispute over mainframe... — read more
Don't just complain and worry
If you're worried about being laid off, then do something about it. Too many people I know are constantly worried about possible layoffs but are doing nothing to prepare and make their situation better. People need to sit down, look at their options... — read more
Toxic Teams
Are you on a toxic team? I am about to quit as my mgr is a passive agressive clown with no real tech bacground and no mentorship skills at all. The rest of the team licks boots - everyone lines up and follow this clown. People are funny and sad at... — read more
Can't even resign without IBM drama,
I resigned for a new opportunity, basically got a don't let the door hit ya, which hey 18 years, fine. They then tell the client, Oh, we tried so hard to keep him. WTF? Client called me, told them they lied to you, now they are asking me what... — read more
RA August 4
IF you got RA today, please list country and division.
Cost Controls and Growth - CPD - aka CrapPak
So the 2H mandate is Cost control above all else. Green dollars are the focus, but even blue dollars are under scrutiny. In Data and AI and Automation, new GM - Dinesh, and now a new VP of PM - Tarun from systems. The old VP of PM, Gilfix was from... — read more
Layoff
Today IBM terminated all the people working on a certain project after telling them they wouldn’t do that until December. What a load of cr-p
Lawsuit for IBM for deceiving shareholders lol...
Like The Deceivers (film) i watched before, starring Pierce Brosnan. The usual suspects: GR, AK... international bullsh-t maniac
It's no longer realistic to expect to retire here
The leadership has been working so hard to get rid of older employees - something that's been proven again and again but sadly with no consequences for them - that it's not safe anymore to think you'll be able to retire without issues even if you... — read more
Totally messed up reputation
My subjective impression is that IBM can hardly have a worse reputation than it already has. I know people who have lost their jobs, but they don't think of IBM as an option at all, because they think that this company tends to obfuscate and... — read more
IBM board probes claims of fudged sales figures
IBM's board of directors has started an investigation into claims that its sales numbers were manipulated, leading to executives securing big bonuses. If the board fails to take any action, it may face a lawsuit to claw back millions of dollars from... — read more
Did IBM get the Madison Ave Office NY ?
They were supposed to close on 1 Madison Ave. A few floors and consolidate most of NY offices into one building.
How much will IBM add to this number?
Apparently, more than 32,000 workers in the U.S. tech sector have been laid off in mass job cuts so far this year. I'm kind of shocked that we're not included in that number yet but I have no doubts that our time will come sometime soon. I'm just... — read more
IBM AS/400 Factory (1990s footage) - Rochester Minnesota
https://youtu.be/m53H0pO2FD4
Open plea to the SEC and DOJ
Please dissolve IBM and prosecute all the thieves involved past and present
Is IBM still a shithole?
They’re asking me to join their alumni network. Why would I join the alumni network of this cr----r?
Extra efforts on PIP
I hope I won't be put on PIP. What do you think, what percentage of employees who are placed on PIP actually survive them? Is it even worth making extra efforts to try to save the job, given that impossible goals serve to make it easier for IBM to... — read more
RA July 28
Anyone got RA today? Or have been put on a PIP?
Watson spin-off finances
IBM published the official numbers yesterday 1,065 sale price 230 million booked profit 75 million health care loss 1,065 - 230 - 75 = 760 million of stranded costs https://www.theregister.com/2022/07/26/ibm_watson_health_profit/
Bear of the Day: International Business Machines (IBM)
While big blue had some positive aspects to the quarter, investors were disappointed overall. The stock fell over 8% after earnings and looks like it could take out 2022 lows on any market weakness. No point in even capitalizing "big... — read more
Messages about recession
Hi all Current employee in consulting Want to share messages I received from my top leadership today (July 26) which is already in effect for Q3: Hiring freezes (no new employees and possible offers being rescinded) Contractors being reconsidered... — read more
I'm not worried about RAs
This is why: IBM doesn't need to RA anymore... people are leaving in droves on their own to better jobs. Most development teams at IBM are suffering major losses in personnel which means product deliverables are getting delayed and impacted. The... — read more
How IBM Could Become A Digital Winner
https://www.forbes.com/sites/stevedenning/2022/07/25/how-ibm-could-become-a-digital-winner/
Too many people are hoping to be laid off
I think that says more about the current state of the company than anything else could.
Why New York says the old IBM Country Club can't be demolished yet
https://www.pressconnects.com/story/money/2022/07/25/ny-orders-preservation-ibm-country-club-history-before-demolition/65380122007/ A developer is ready to start building mixed-income apartments, but the state says the country club's historical... — read more
The leadership team is incompetent
The leadership team has been laying people off to meet profitability goals for years. That's it. They're a one-trick pony with no new or good ideas. All they know how to do is lay off more people - preferably those who are the highest earner to... — read more
Don't count entirely on severance
There is some evidence that IBM is moving to a more PIP type of environment. If it’s measurable (sales, billable hours, utilization) IBM is encouraging PIP’s. If IBM is exiting a business (measurable or not measurable) then they tend to offer a... — read more
RA July 21
Anyone got RA this Thursday?
Consulting industry focus
I am hearing rumors IBM Consulting will be focusing primarily on a limited number of verticals and deemphasizing other segments. I’m guessing they’ll focus on Banking, Retail, telecom, etc. and shed manufacturing, industrial, etc. Does anyone know? — read more
What the current severance package like at IBM?
I have a warm offer from another company but I’m wondering if it is more lucrative for me to hang on, performing at a mediocre level, until Big Blue decides to terminate me. Any hints of exit packages look like? I’ve heard 1 month severance, 3... — read more
Lane closures planned as walking bridge to come down as part of work on former IBM campus
https://www.pressconnects.com/story/news/local/2022/07/19/pedestrian-bridge-on-endicott-mckinley-avenue-set-for-demolition/65376962007/ Lane closures are planned on McKinley and Oak Hill avenues as a pedestrian overpass is coming down and a building... — read more
IBM Is Still Big Tech's Dog
From 247wallst. https://247wallst.com/services/2022/07/20/ibm-is-still-big-techs-dog/ "When International Business Machines Corp. (NYSE: IBM) posted its latest earnings, its stock did what it usually does after the announcement. It fell. " "IBM’s... — read more
How secure do you feel your job is?
My performance is great, but I don't think it means anything anymore. Maybe I'm worrying too much, but I haven't felt any security here for a long time.
Anger As Ex-Employee Invoiced $0.08 After Leaving Company: 'Insane Charge'
https://www.msn.com/en-us/lifestyle/lifestyle-buzz/anger-as-ex-employee-invoiced-0-08-after-leaving-company-insane-charge/ar-AAZK7S4 The internet has slammed a company after a former employee revealed how they had received a bill for 8 cents in the... — read more
The stock is diving! A soft overlook...
IBM Stock Is Diving. A Soft Outlook Overshadows Strong Earnings. International Business Machines stock is getting clobbered on Tuesday, as the company’s complex financial forecast created some concerns about near-term financial... — read more
IBM Second-Quarter Earnings Advance on 9% Sales Growth
https://www.wsj.com/articles/ibm-second-quarter-earnings-advance-on-9-sales-growth-11658174983 By: Sarah Donaldson Updated July 18, 2022 6:46 pm ET International Business Machines Corp. IBM -1.28%▼ reported 9% sales growth in second-quarter results... — read more
IBM Earnings Beat Estimates. The CEO Says Tech Demand Remains Strong.
https://www.barrons.com/articles/ibm-earnings-stock-price-51657918690 By: Eric J. Savitz Updated July 18, 2022 7:28 pm ET / Original July 18, 2022 3:00 am ET IBM IBM –1.28% kicked off tech earnings season with better-than-expected quarterly... — read more
Barron’s on IBM
https://archive.ph/RhxM0 Paywall removed