Did anyone in GTS get whacked today?
I got my call today
I got RA'd today. 30 days and 90 severance. I am in my 50's so I guess that was also a target on my back.
IBM forms another partnership
https://seekingalpha.com/news/3651522-lti-ibm-to-expand-global-alliance-to-accelerate-digital-transformation
Has anybody had their meeting yet?
Has it started?
Older employees are in most danger of being laid off
I'm sure some younger folks will also receive their walking papers but that'll be done mostly to cover their behinds in case of another age discrimination suit. Other than that, this is just a continuation of a systemic removal of anybody who is... — read more
RA Thursday
Staring a new thread here for us to report RA update, stat, news, etc good luck everyone!
IBM received the most patents in 2020. Here’s the rest of the top 20
Shouldn't many years of patent dominance correlate to a thriving company with little to no RAs? https://fortune.com/2021/01/12/ibm-most-patents-2020-full-rankings/ IBM held its longtime place as the top recipient of U.S. patents in 2020 with... — read more
IBM deal made him millions. Now, a top exec at Red Hat is retiring.
Another fat cat leaving abandoning the ship. https://www.bizjournals.com/triangle/news/2021/01/13/red-hat-announces-retirement-of-a-top-exec.html Nearly two years after IBM’s $34 billion buy of Raleigh-based Red Hat made him a... — read more
Storage
Any news about storage?
I am baffled about all the bitterness
No one likes being laid off (especially me) but most seem to forget that once executive decisions are made managers are "told" to hit a specific RA target, their management the same and so forth. I know because I've done it, not only at IBM but in... — read more
The 10% Cut Rule...
Management rule of thumb: For every % you cut from the bottom, you lose from the top. Cut 10% of workforce, and 10% of your best people say "yes" to the next headhunter trying to poach them.
Those of you who have been a part of RA process in the past...
When should we expect a 1 on 1 invite from FLM/SLM? Is this always the route they take for RAs? Is it reasonable to assume that if you do not have a 1 on 1 invite by the end of day on Wed. before RA Thurs. you are safe for this round? curious to... — read more
Why leave it for Thursday?
Why not get it out of the way as soon as possible? Wouldn't it be nice to spare the employees unnecessary prolonged stressing? For those who are going to be affected one day means nothing and for the rest it would mean a lot to know they're safe a... — read more
No coverage whatsoever
I can't find a single article online about yesterday's cuts online. None. Are we at that stage of the pandemic where layoffs are no longer an issue and nobody really cares about them? Or is IBM hiding what's been going on? Whichever of the two it is... — read more
Short Term Disability
IBM can not RA if you are in short term disability. Go to your family doctor and tell them to write you a note . I know a couple of people who did that.
IBM Acquires 7Summits to Drive Digital Transformations for Salesforce Clients
https://www.prnewswire.com/news-releases/ibm-acquires-7summits-to-drive-digital-transformations-for-salesforce-clients-301205531.html
Many calls going on right now
Lots of managers are calling their direct reports about changes in organization changes. Good luck.
IBM manager victimised by her four female bosses
https://www.dailymail.co.uk/news/article-9134093/IBM-manager-victimised-four-female-bosses-wins-20-000-plus-payout.html The pertinent part of this sorry tale is: "Over the following month Ms Davidsen again raised concerns, describing a 'climate... — read more
Does the new reorg impact GTS?
It sounds like GTS folks are pretty safe.. immune from this round of reorg and RA? Can people still join GTS now?
TSS
What is the future of TSS? Are we safe?
Where Will IBM Be in 5 Years?
https://www.fool.com/investing/2020/02/15/where-will-ibm-be-in-5-years.aspx Comments?
Managers invited to RA calls next week
Expected notify date in a week or so. How many people are still trying to find landing spots? Adding RA folks. It will be a bloody fight.
RA Process VS. No Seat on the Bus
I'm hearing that many of those who don't have a seat on the 2021 bus are just plain WOJ (without job) but no process of severance or parting gifts has been discussed. Any thoughts on this?
IBM CPAT team gone
Heard from a buddy there was an RA - the entire CPAT team is gone. Just a few were moved to other positions and the rest - nearly 200 folks - have to look for jobs in other teams IF they can find them. Not sure how successful they'll be in that... — read more
Checkpoint - January 8
Checkpoint is due January 8, right on time to start drafting the RA list that will be announced shortly after the 1Q earnings call. Brace for impact, it is going to be ugly...
How will Schroeter do at the helm of NewCo?
What are your thoughts about this?
Sales Still in the Dark
entire teams still have not heard a word about where they fit in the new model. All sellers are freaking out.
IBM Appoints Martin Schroeter as CEO of "NewCo" Independent Managed Infrastructure Services Business to Spin Out from IBM
https://www.prnewswire.com/news-releases/ibm-appoints-martin-schroeter-as-ceo-of-newco-independent-managed-infrastructure-services-business-to-spin-out-from-ibm-301202500.html
GTS
What will happen to GTS?
Ryan Rugg joins IBM
https://www.ledgerinsights.com/senior-r3-exec-ryan-rugg-joins-ibm-blockchain-team/
Deep Throat here with a Memo re Project Orange
As I said in my last two Letters, and now, unfortunately, you can see what I have said is correct (and more announcements to come), with Project Orange, IBM fully intends to do the following: 1) Move close to 200,000 employees as I explained last... — read more
Cuts Today
So it seems like Client Reps and overlays in the sales organization were told today their teams were getting disbanded. They were told to find other jobs within IBM. Unsure if you can consider this an RA or not but it is surely going to affect at... — read more
WSJ- IBM Simplifies Sales Structure
https://www.google.com/amp/s/www.wsj.com/amp/articles/ibm-simplifies-structure-of-sales-team-11609897139
Teams getting slashed left and right
half the sales people I know have heard how the restructuring will affect them and Im left in the dark. Scary times.
AK changing the leadership team Goodbye hangers on
https://seekingalpha.com/news/3648831-ibm-taps-ex-goldman-exec-cohn-vice-chairman