This is the date that we were told today (moved out from June 1). Everyone's jumping ... like rats off a sinking ship.
IBM doesn't even try to keep talent
People don’t leave here just because of higher pay elsewhere. They are leaving because of the overall atmosphere caused by the company's lack of prospects. How many people here have been personally advised by managers here to leave IBM if they... — read more
Ways to boost morale
My manager doesn’t even try to boost morale. He is there to lower whatever little morale there is left. I hope there is still some manager here trying to improve employee morale? What methods does your manager use?
Do you know anyone who left IBM recently?
Why did they lave and where did they go?
No Need for Layoffs with ESP
Sounds like ESP numbers are quite disappointing to say the least. I've heard many folks saying this is the final straw. I think we'll be seeing even higher attrition. A 2% raise just isn't going to cut it for most folks.
It will only get worse
I personally think it will only get worse here. I wish it weren't so, because no matter what, it’s hard for me to leave the company I spent so many years in. Why is no one optimistic about IBM anymore?
Signs it's time to quit
There’s a misalignment between you and your job You no longer feel challenged There’s no opportunity for promotion You’re not being compensated for the work you put in You can’t see yourself working there in the long term Your... — read more
Red Hat Is The New IBM
IBM is a much different company today than it was a decade ago. Thanks to a multi-year "creative destruction process," the shedding of mature declining businesses, and the plowing of resources to emerging high growth sectors like the "hybrid"... — read more
IBM Stock Soared. Why the 111-Year-Old Tech Company Outperformed Today.
Need to see 18 more quarters of positive growth just to potentially counteract the previous 20 quarters of negative growth under Ginni. By: Eric J. Savitz Updated April 20, 2022 7:54 pm ET / Original April 20, 2022 1:26 pm... — read more
Was work culture at IBM ever good?
Or was it always the same toxic mess that it is now? I've been here for a year so I don't know about how it was before, but I do hear some of my coworkers talk about the "good old days" occasionally and it makes me wonder if those days were really... — read more
IBM CEO Says AI’s Transformation of Business Will Take Another Decade
10 years, eh? By that point the competition will have lapped IBM several times & AK will have long departed the company with his Golden... — read more
IBM stock has its best day in two years as analysts raise estimates
Executives said on Tuesday that it will cost more to add talent in the months to come, but the company plans to charge higher prices for consulting engagements. Translation: new hires will get paid more and existing employees will be RA'd in... — read more
Arvind's Interview on CNBC - AI and Hybrid Cloud (plus Consulting)
https://www.youtube.com/watch?v=CsFyqRYPWy4
Jim Cramer is Recommending IBM Stock
He's very passionate about it. Here is the video from CNBC via Youtube: https://www.youtube.com/watch?v=ShzQUFn1Sms
Come Back - Atlanta is Open
The Atlanta, GA offices are open. IBM provides free lunches out of food trucks to welcome back the troops at the offices! Let's see how long that lasts!
Failed Project: Court Orders IBM to Pay £100M Due to a Failed Project
Source below. Failed Project Payback! IBM must pay five times more in compensation to a customer whose £175 million ($230 million) Agile software platform contract was ripped up in 2017 following a series of failures on the project... — read more
Barrons - 1st Quarter Earnings
Source Links Below: When IBM reports first-quarter earnings on Tuesday, Wall Street will be focused on the growth rate of the tech giant’s software business—and any hints on the early progress on the company’s latest generation of mainframe... — read more
Today we found out how many layoffs there'll be in the near future
Judging by EPS compared to a year ago, there'll be quite a few. Especially if we don't even meet $1.34.
Worried About a Recession? Buy IBM Stock, Morgan Stanley Says.
Ummmmm. . .not a word about the real reason for the analyst's rationale: the dividend. https://www.barrons.com/articles/buy-ibm-stock-morgan-stanley-recession-51649965863 By: Eric J. Savitz April 14, 2022 3:52 pm ET Worried about recession?... — read more
Deluded management
“As I have highlighted in 2021 and more recently x, it is critical that all our staff contribute to utilisation. You are receiving this email as your billable utilisation target is % and you are falling short of that target both QTD and YTD. Your... — read more
Relocation while working remotely
I am still working full remote, as is our manager, and there is still no indication that we'll have to return to the office. I've been considering relocating for a long time, but I don't know how risky it is? I heard that there were those who... — read more
last day for medical benefits?
I’m about to give my 2 weeks notice soon. Does anyone know, does IBM terminate the medical benefits on my exact last day or is it the last day of the month. So if my last day is May 6, do my medical benefits end on May 6 or on May 31?
Shocking! But not really...
IBM not cooperating with discovery, say attorneys in age-discrimination case IBM has been accused of trying to avoid its legal discovery obligations in Kinney v. IBM, one of many age discrimination lawsuits that have been brought against the IT... — read more
1Q 2022 results
1Q 2022 results are coming up on 4/19, any thoughts? 1Q is always soft, will it be softer than usual and send the stock in a tail spin?
IBM lawsuit proof that age bias is real
Yet, millennials in the workforce are known for being needy, whiny, entitled, with a need for nurturing. And that's putting it tactfully and quite... — read more
IBM’s Most Highly Compensated Executives In 2021
https://www.crn.com/slide-shows/cloud/ibm-s-most-highly-compensated-executives-in-2021
Fed-up managers declare WFH is over, as 77% say they’d fire you or cut your pay for not coming back to the office
But with warnings of a recession ahead, those workers who take their chances now by ignoring return-to-the-office mandates may find themselves to be at the top of the layoff list down the line—if not sooner. Can't wait until all those... — read more
Roundtable: The CIO in an Age of Disruption (IBM CEO and CIO responses)
[Only AK's & KG's responses are excerpted below]. Ten years ago, we were all looking to optimize that [IT budget], squeeze it down by 10%. Now I actually don’t care if you spend more, if that makes everyone else more productive. If you can... — read more
Buffett Doubles Down on Tech Hardware With HP
Previous plays such as a long-term position in IBM and a short-term fling with Oracle —both of which specialize primarily in enterprise software—didn’t pan out. ". . .didn't pan out." Buffett clearly didn't learn his lesson from his failed... — read more
IBM Now Sued for Securities Fraud
This is a Big Deal: https://www.theregister.com/2022/04/07/ibm_securities_lawsuit/ IBM deliberately misclassified mainframe sales to enrich executives, lawsuit claims Securities fraud lawsuit accuses Big Blue of deceiving investors
IBM Banks on Lingering Relevance of Mainframes With New Model
These udders will never run dry. By: Joseph Williams Published on: 09:31 AM IST, 04 Apr 2022 Last updated on: 06:56 AM IST, 05 Apr... — read more
Hmmm, I wonder why they didn't choose IBM's Hybrid-Cloud ?
https://www.barrons.com/articles/boeing-cloud-microsoft-amazon-google-51649256106
Employee productivity
I can’t make any claims about IBM in general, but my team’s motivation and productivity is declining. Nobody cares anymore, everyone knows they can find a better job somewhere else. But interestingly, the manager is trying to improve our productivity... — read more
Why all other generations dislike Boomers?
What's causing the rift?
HA HA HA .... All That Churn Just To End The Mandates After A Few Short Months
It may not have been obvious at the time but mandates could only ever be a short term proposition. But this was really short. So short that the damage that it managed to inflict (on morale, trust, etc.) is ridiculous.
Do you like Arvind Krishna?
And state the reason.
How Slack and IBM Transform Business to Reshape the Digital Age | Salesforce
AK, another C-Suite occupant, and a VP all shilling for Salesforce & Slack. Remember when IBM shilled for no one except IBM? https://www.youtube.com/watch?v=41WxLbffeX0
Best Places to Work 2022: Austin Metropolitan Area, #1: IBM
I wonder how much Big Bleu paid for this ranking? https://www.comparably.com/awards/winners/best-company-austin-2022
Average age keeps dropping
How many employees over 50 does IBM still have? Every new layoffs round targets more and more. Not just them, even people in their late 40s have been targeted lately. I'm shocked that there are still enough employees in that age range and above left... — read more
IBM accused of 'ageism' over mass-layoffs
This is not really anything new - it has been discussed at lot here already. Makes me sad, I once respected this company - not so much anymore. https://www.consultancy.uk/news/30498/ibm-accused-of-ageism-over-mass-layoffs