Big Blue said that the old facilities had become "unsuitable for upgrading." Just like IBM's old employees: "unsuitable for upgrading." https://www.datacenterdynamics.com/en/news/ibm-close-data-centers-dallas-melbourne-and-houston/

Here in the United States, do you have job security until next March?

Happy Christmas! https://www.theregister.com/2020/11/12/hohoheave_ho_ibm_warn_global/

Just received this in the UK Cloud and Cognitive Software team. Invite for a call at 4pm. Expecting layoffs. Will keep you posted.

Dear friends, we just all received a VOLUNTARY offer to leave the company which expires in 4 weeks. The reason for this voluntary basis is that by virtue of a national decree ALL mass layoffs are frozen until March 21st 2021 due to the COVID... — read more 

Dear friend, Deep Throat here again. Some time has passed since my last correspondence (https://www.thelayoff.com/t/17rD5xvj) so I thought I would deliver some new insights. This time to focus on; Products remain/go. People, RA’s, Band AA churn, and... — read more 

IBM has trimmed its older businesses over the years to focus on the cloud, in an attempt to make up for slowing software sales and seasonal demand for its mainframe servers. And expect the trimming to accelerate and increase in volume, along... — read more 

Today in an interview with Jon Fortt at the CNBC Evolve summit, IBM CEO Arvind Krishna made it clear that his whole focus is going to be on transforming his organization into a hybrid cloud management vendor moving forward. That... — read more 

AK wasting no time cozying-up to POTUS-elect. . . https://www.ibm.com/blogs/policy/ibm-ceo-letter-to-president-elect-biden/

While exciting, IBM's quantum computing initiatives must be considered in context: no practical quantum computing systems exist today. I model a market... — read more 

Just publicly announced. Blames Covid-19 and Newco preps. Effective january '21.

Hi, has anyone tried to move from GTS (newco) to IBM after the NewCo announcement? They say there is a 60 days freeze and all moves have to go via some approval process... I'm thinking if they don't approve, I'll become a sitting duck.

I've been reading on this thread about how sales people are getting PIPs, performance improvement plans, which is totally a way to avoid saying they're doing "layoffs." They can say its performance based not cutting back work force. I'm in cloud data... — read more 

Beyond the rethoric of protecting diversity (just of the protected board, BOD & C.) inside this hypocrict firm which full his mouth of the sweet peace and love propaganda of we are all friends but none is equal to them, we are thrown out with... — read more 

Anyone heard officially if seniority is carried over to the new company?!?

It's happened to many a powerful company before. They miss a few product cycles. They miss an industry transition and all of a sudden they become a slow motion train wreck. Nokia did this when they missed the smart phone revolution. RIM/Blackberry... — read more 

[ English translation below of article from this original post: @kwv+17Fzgcf4 ] https://www.golem.de/news/aufspaltung-ibm-will-in-deutschland-wieder-massenhaft-stellen-abbauen-2010-151815.html IBM Germany plans to cut more than 2,300 jobs in... — read more 

Bottom Line Presently, recurring net earnings have collapsed, financial leverage remains elevated, and management continues to struggle with its business strategy, as evidenced by the dialogue on the Q3 2020 conference call... — read more 

Germany 2300 , Poland 2000, Hungary 300 .. layoff starts for the NewCo and IBM transformation. Europe will be hit hard ..

What do you all think about the brilliant CRM, Atlas that GTS uses?

https://stockhouse.com/news/press-releases/2020/10/29/ibm-and-at-t-bring-open-hybrid-cloud-services-to-enterprise-clients-for-the-5g

OK GBS (non-enterprise) You now can see where you are going to land https://finance.yahoo.com/news/wipro-ibm-strengthen-relationship-announce-123000846.html

IBM stock will soon be trading under $100. What a bunch of awful CEO’s they’ve had in the past 15 years. This company used to trade in the mid $200 range. Someone needs to tell current management they are fired.

One wonders if IBM stock will test new 52 week lows or go even lower. There is no real story here to keep IBM's stock price up and the COVID pandemic is depressing IT sales. Is a stock price in the 80's or even the 70's possible? On top of this... — read more 

IBM generally leads in the Patent Race every year... yet are not perceived as market leaders it seems. So what causes the disconnect?

This is why we lost: https://www.cnet.com/news/ibm-the-next-big-thing-no-longer-exists/

As we can see, IBM’s dividend has become expensive and income investors must be on watch in terms of the company’s ability to sustain future payouts at these levels. Share prices have been in steady decline since 2013 and the stock has... — read more 

So, to summarize the answers to my initial questions: What's broken now that will remain so after the spin-off is IBM's growth mindset, the evidence of which is yet to show up at the top line. The pandemic has worsened the situation in... — read more 

Hi Folks Here is a quite realistic view of the spin off. LOTS and LOTS of issues have to be addressed. Mostly about dumping “legacy” NOTE one big issue is, IBM missed the public cloud market, and there is nothing they can do to... — read more 

And perhaps only in 2020 could we see that iconic IBM, with its $70-plus billion in annual revenue, needs $4-billion ServiceNow more than it needs IBM. Truly... — read more 

https://www.forbes.com/lists/worlds-best-employers/#1b7a0e951e0c

This Newco spinoff has the potential to create a customer mutiny against doing business with the new IBM and IBM Cloud. It feels like IBM dumped them. It may become a bigger bonanza for the other Cloud providers than if IBM had stayed... — read more 

IBM Is Turning Into Red Hat on Steroids With every passing quarter, IBM (NYSE:IBM) looks more and more like an amped-up version of Red Hat. https://newyork.citybizlist.com/article/634760/ibm-is-turning-into-red-hat-on-steroids #news

Split makes IBM a 60 billion $ turnover company. So maybe a buy out of 150 billion would get it. Maybe. It’s a ripe company to buy i think

I hate this company

20% of customers are concerned about the spin-off. So this translates into how many of them taking their business elsewhere? Doesn't bode well for... — read more 

The chickens are coming home to roost or maybe in this case it's buzzards. . . https://seekingalpha.com/article/4379981-ibm-probably-good-time-to-start-worrying-debt

If you engineer/support/administer just IBM's cloud infrastructure/Redhat stuff does that mean you will be GBS-IBM? Then if you support IBM cloud/aws/azure/google cloud/vmware/server support, you will be GBS-NewCo?

How many acquisitions occurred under Ginni's regime and what was the ROI on those? https://www.bizjournals.com/triangle/news/2020/10/19/ibm-ceo-expect-acquisitions.html By: Lauren Ohnesorge – Senior Staff Writer, Triangle Business Journal Oct... — read more