Goodbye Big Blue, hello Big Purple. https://www.fool.com/investing/2020/10/21/ibm-is-turning-into-red-hat-on-steroids/

AK blowing smoke. IBM CEO Arvind Krishna on Why Red Hat Was a Good Investment –... — read more 

I read an interesting article on the future of IBM in the hybrid cloud world where the author questioned whether selling off the System x server business was a good idea. I would like to hear your thoughts. Here is the... — read more 

IBM CEO’s promise of future revenue growth ‘is not a pipe dream, but not easy either,’ analyst says. It's a pipe dream. https://www.marketwatch.com/story/after-lowest-revenue-since-1997-ibm-stock-sinks-more-than-5-11603213541 — read more 

It might be poised to implode though. . . https://seekingalpha.com/article/4379883-ibm-stock-is-not-microsoft-and-is-thus-not-poised-to-explode-in-near-future

I just read an article about an IBM study which pointed out that HR needs to make extra efforts to finally focus on what we actually need. I hope they know how to do it?! In case somebody is interested:... — read more 

The Street loves murky uncertainty. https://www.marketwatch.com/story/ibm-stock-slips-after-earnings-show-another-revenue-decline-11603139248

https://www.forbes.com/lists/worlds-best-employers/#55cb47a11e0c

I'm sure these figures will help propel IBM to become a cloud and AI leader! https://insights.dice.com/2020/10/19/ibm-lags-google-amazon-microsoft-in-engineer-compensation/

“This stock has been making lower highs for the last seven years dating back to 2013 amid what’s been one of the best tech rallies since the ’90s. That’s a sign of relative weakness, and why we think this stock continues to underperform the... — read more 

Mini-Ginni, a.k.a., AK following right in his predecessor's footsteps. https://www.cnbc.com/2020/10/19/ibm-earnings-q3-2020.html

Internal messaging and communication is all about low margin and declining side of GTS spin off but on the cloud and AI side, it’s the same. GTS is still a big revenue engine with so many big contracts and customers. Anyone sees the positive side of... — read more 

Systems or some portion thereof, is next. https://insidehpc.com/2020/10/where-have-you-gone-ibm/

4. If IBM needed to spin out managed-services infrastructure, why does it need to keep Systems? Systems or some portion thereof, is next to get spun-off or... — read more 

I'm about to be terminated from IBM. I'll get 1 month severance & benefits (gee thanks). If I start a new job during that month, do I still get the severance?

As a GTS emplyee I am considering leaving asap as I can hardly see anything good out of this for NewCo. Question for other GTS emplyees, what is your take on current sitation? Update the CV and get out ASAP?

When one looks at this spinoff of NewCo in a little depth, one has to wonder how the heck NewCo will survive and thrive. Most spinoffs, think Delphi Auto Parts from GM, had an independent business that could continue to supply the mother company... — read more 

I moved from GTS to GBS recently, and I don't see any real difference between the 2 divisions. Both basically manage client's IT. GBS claims to be more about cloud, but supporting a client's AWS, AZURE, and other cloud services is the same thing as... — read more 

Position Not Open - Watson, please create a job role and advertise!

LOL! https://www.forbes.com/sites/danrunkevicius/2020/10/15/ibm-signals-the-end-of-amazons-dominance/

Dear friend, your pal Deep Throat here. The REAL reason for the spin-off is below: I know you are wondering about any insight I may have into the recent shenanigans going on in IBM, in particular with regards this new company imaginatively called... — read more 

I just read an interesting comparison of IBM today and the situation Microsoft was in 10 years ago when they opted for a public cloud strategy. I hope that we will see a similar success in the future. Here is an article with the comparison:... — read more 

GTS has many that work as contractors. Anyone have any idea if cuts to contractors is likely as NewCo comes online? Any feel for how many?

Good news for Big Blue's market cap, not so much for its workers https://www.theregister.com/2020/10/14/ibm_newco_spinof?fbclid=IwAR0URnWEi7rEz_8mGbZ-gyPGlZAEyWfGbUPm_kHxT7zyIqkpli0hBA1AjPw

3. Follow the parent company’s money. Parent companies often retain a large stake in the firms they spin off. If a parent company holds onto its spinoff’s stock, it likely has a high degree of confidence in the spinoff’s future... — read more 

If 60 days is when the execs decide who is going to newco - will we find out then? Or will we be told 6 months (or less) prior to the move date ?

It appears that IBM mostly gave up on developing technology in-house and turned to the financial engineering business model in the early 2000's, maybe even earlier. IBM became the Department Store of the tech industry. As quoted below, IBM just was... — read more 

A little bit of insight into the possible impact of the split on Rochester. https://www.postbulletin.com/business/technology/6714945-When-IBM-splits-in-two-where-will-Rochester-land The venerable 109-year-old technology giant IBM will be split... — read more 

"Don't worry about it. Everything's fine. Continue to work as if nothing is happening you mindless IBM drones."

https://www.cnbc.com/2014/10/22/very-little-content-is-created-in-us-without-first-talking-to-netflix-investor-mark-cuban.html Mark Cuban basically says what everybody outside of IBM already knows. And, this is from 6 years ago.

Back in May of this year (2020) I was RA'ed (IBM jargon for laid off) with a 30/90 (30 days till termination with 90 day severance). This meant that June 30th would have been my last day. I was on the GTS side of IBM. Then less than 1 week... — read more 

It has not been decided yet whether Rochester will remain with IBM. As someone who used to work there, I would love to see this place intact and under IBM’s umbrella. Is there any chance for them to keep the current teams here? Uncertainty creates... — read more 

The Register: '20,000-plus staff' could face the chop in spin-off of IBM's IT outsourcing biz, says Wall Street analyst. https://go.theregister.com/feed/www.theregister.com/2020/10/14/ibm_newco_spinof/

From what I gather, IBM's "hybrid cloud" strategy is to convert (deploy) all software they're selling into RH openshift containers and sell them to clients by marketing it as applications that can transfer data to/from mainframes to public... — read more 

Maybe IBM will transfer all the debts to the NewCo and then NewCo will file for Chalter 11?

A friend of mine was put on a PIP a couple of weeks ago. Even if we put aside the fact that he is one of the best and most valuable employees here, it still remains that they're putting people on a PIP in the middle of a pandemic. Are no allowances... — read more 

Shedding GTS may eliminate a distraction, but it's just one step toward the transformation it is seeking. More activity yet to come: spin-off, RA's, divestitures... — read more 

I am an ex employee that worked for IBM for over 30 years. Will my IBM pension be affected with the detachment?

Probably what IBM should've done if they were really interested in focusing on the Cloud. https://build5nines.com/ibm-should-spinoff-cloud-as-separate-business-named-red-hat-cloud/