Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

Letter Bands bonuses for 2020 -

I have spoken with 2 Band D staff (director / distinguished engineer in IBM speak) who both confirmed that bonuses at a smaller % of the prior years were set to be paid soon. Apparently all letter band 'execs' were to be paid some cash for 2020... — read more 

An Open Conversation With Jim

Reading in between the lines of JW is saying in this 2 minute video from 18 Feb. 2021: prepare for more divestitures, spin-offs, RAs, and anything else to "right-size" Big Bleu very... — read more 

Where will NewCo be headquartered?

The United States. We are still determining the city and state. Translation: Big Bleu is shopping around for the most insane tax incentives offer from some poor, unsuspecting, naïve state/county/municipality that they can sukker in for a 10+... — read more 

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| 2900 views | | 5 replies (last February 22, 2021)
Post ID: @OP+19vZK9hS

How to know if you're safe

People constantly keep asking here and at work if they're safe and I figured out a nice, handy guide for everybody to determine it once and for all. Is your pay more than average but you're not a part of the ELT or related to any of them? Ding ding... — read more 

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| 3400 views | | 8 replies (last February 24, 2021)
Post ID: @OP+19tgGyNk

IBM: The Bleak Future Of Deep Blue

Conclusion I will reiterate my opinion that IBM is a significant value trap stock in the best-case scenario. The company's revenues have been steadily declining, while it uses high leverage for producing its low returns, and it is at... — read more 

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| 2330 views | | 3 replies (last February 18, 2021)
Post ID: @OP+19s5iYMU

Fed's jobs push needs any help, including IBM's

Last month in a letter to nominees to lead the Labor and Education Departments, Obed Louissaint, a senior IBM executive, asked the government to expand eligibility for $130 billion in annual student aid. About 65% of Americans who... — read more 

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| 1670 views | | 2 replies (last February 16, 2021)
Post ID: @OP+19rsCgGu

Give notice and share new company?

For those who already gave 2 weeks notice, did you guys tell your managers or peers where you will be going? The company you will be joining, anything negative by telling them? Or do most of the people wait till last day? What will you tell your boss... — read more 

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| 3590 views | | 16 replies (last February 22, 2021)
Post ID: @OP+19qFdLTY

No talent left

Do you know why things will continue to go downhill? Because there is zero talent left to steer this company in the right direction. Most of the talented people are gone through layoffs. Those few who were not affected in the past five or more years... — read more 

IBM: The Good, The Bad And The Ugly

IBM - The Ugly IBM has struggled to generate top line growth since 2011 when revenue peaked at nearly $104.8B. Revenue in the LTM was $72.3B. This decline largely coincides with the tenure of the previous CEO. For far too long, IBM... — read more 

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| 2800 views | | 5 replies (last February 17, 2021)
Post ID: @OP+19palWNL

Gave my 2 weeks notice

After ~10 years at IBM, I gave my 2 weeks notice to my manager on Friday. No, I don't have anything lined up. But I just can't take this anymore. The incompetence. Constantly laying off the few high performers we have. I wanted to do this last year... — read more 

Abundance of deadwood and lack of talent

IBM still has a lot of deadwood that needs to get trimmed but at the same time it desperately needs to hire talent, those two times don't seem to match but they actually do. IBM has reached a point where the really talented ones either have left... — read more 

Can the Company find out who posted what here?

I understand if we do not follow the Content Rule then the Privacy Policy applies. But I am wondering if the organization can find out who posted what here. I am in the process of my exit via layoff, and was reading the Separation docs and basically... — read more 

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| 3800 views | | 8 replies (last February 13, 2021)
Post ID: @OP+19nf9Fif

Phone ownership after leaving

For employees who purchased a phone at a discount, tied to a call/data plan with a provider: normally after a period of 2 years, the contract with the carrier is fulfilled and the device is yours. But what if you are let go or leave earlier? Does the... — read more 

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| 1770 views | | 3 replies (last February 21, 2021)
Post ID: @OP+19nHySSL

Question on applying internal.

Good evening. If I apply for an internal IBM post and if I don’t hear back by Monday, 2/15, how does IBM handle those situations. I know you probably say leave and don’t look back, I have some tough financial situation that is going to be very... — read more 

IBM Is the Biggest Gainer in the Management Top 250

IBM ‘s overall score rose 14.9 points from 2019 to 2020. The company is third in the 2020 overall ranking with a score of 95.7. Microsoft Corp. is the highest-ranked company overall, with a score of 103. *IBM’s biggest improvement came in... — read more 

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| 2170 views | | 3 replies (last February 10, 2021)
Post ID: @OP+19leAD5l

Is anyone motivated to work at ibm anymore?

With minimum pay in tech how do you guys motivate yourself to wake up and goto work at ibm? My salary hasn't changed in 2 years, not even adjusted for inflation and they took away whatever tiny gdp bonus they gave. I have stopped watching AKs... — read more 

Palantir Surges on Deal to Offer Software Through IBM

Without providing a time frame, Thomas said he expects the partnership to help boost IBM’s customers using AI to 80% from its current 20%. So a targeted 4x increase of AI customers in an unspecified amount of time? Sounds like precedent is... — read more 

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| 1780 views | | 3 replies (last February 10, 2021)
Post ID: @OP+19j3cbll

IBM continues down the partnership path

This is IBM’s go to market strategy outside of the Fortune 500 GBS employees take notice https://seekingalpha.com/news/3659396-palantir-stock-gains-on-joint-ai-application-product-with-ibm

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| 1580 views | | 2 replies (last February 8, 2021)
Post ID: @OP+19jfZW7g

Layoffs in IBM Slovakia

Does anybody has any information on the situation in Slovakia? Any IBMer from Slovakia? They announced the layoffs last year. Are they happening now?

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| 2271 views | | 4 replies (last February 10, 2021)
Post ID: @OP+19jsGLDO

A Letter. 4 My Take on Q4. 2020. And 2021

Your pal Deep Throat here. I have waited until MSFT (Azure), AMZN (AWS) and GOOG (Google Cloud) reported their Q4 2020 and full year 2020 results to add my commentary. Before I do so, a quick recap on what I have said in other letters/memos: 1)... — read more 

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