The only regions where RAs are hitting right now is Europe, because IBM finally got approvals from the works councils to let go of people. In the US and Canada, there is already nobody left except for executives. So there is nobody left to RA... — read more
IBM Stock price almost below $100
Stock is sure to drop below $100 before this corona virus stuff is all said and done. At that point, some company(ies) or activist investor group will surely look to buy the whole kit and caboodle. https://www.marketwatch.com/investing/stock/ibm — read more
The Decline of IBM
https://www.youtube.com/watch?v=l4b1D1vWRnc&feature=youtu.be&fbclid=IwAR3eO-vnswa9KKZS1gwot6jipUEw7PkIdSQ-J0rCEJ3DdE4zrjsyNVOGm2E
Where's Watson?
Is anyone using the fantastic Watson platform to research the Coronavirus?
Covid website - here’s your chance IBM!!
So Google is not going to deliver on the covid website as stated. What a great opportunity to spin up a design thinking workshop and get the garage teams to push out some cloud packs on IBM cloud and deliver this application. There was a time when... — read more
RA in March
Yup this worthless place RAd me this month. Picked up by another company that is actually growing and not sinking like this ship. I get to double dip thanks to this POS. 2025 IBM will be so far removed from The cloud that it will never recover or... — read more
The business asking IBMers to take pay cuts?
Is anyone asking Ginni to take a pay cut? https://www.facebook.com/alliancemember/posts/1629962917141686
How AT&T outsources American jobs, makes employees train replacements
Just need to replace "AT&T" with "IBM. https://www.foxnews.com/media/tucker-carlson-tonight-investigates-att-outsourcing-jobs
Corona Virus wil be IBM’s free ticket to reduce staff aggressively within a couple months.
Corona Virus wil be IBM’s free ticket to reduce staff aggressively within a couple months. As market uncertainty is causing clients to put project on hold, financial impact can (will) be huge. This will trigger yet again mass lay-off’s in all... — read more
Airbnb Patent Lawsuit
IBM sues Airbnb for patent infringement Mar. 11, 2020 4:37 PM ETIBMBy: Brandy Betz, SA News IBM (NYSE:IBM) is suing Airbnb (AIRB) for infringing on four patents related to e-commerce. The tech giant says "enough is enough" after six years... — read more
IBM to Cognizant, global tech firms ink large leasing deals in Bengaluru
Hmmmmmm. . . Now I wonder why Big Blew would be leasing a bunch of empty space at a location in India? https://www.business-standard.com/article/companies/ibm-to-cognizant-global-tech-firms-ink-large-leasing-deals-in-bengaluru-120031000819_1.html — read more
Rumors on Littleton and Chicago offices closing
https://www.facebook.com/alliancemember/posts/1629920333812611
Stock in a free-fall, yet...
It's a win-win for execs. They get paid millions no matter which direction the stock goes... IBM SAYS CEO VIRGINIA ROMETTY’S FY 2019 TOTAL COMPENSATION WAS $20.2 MILLION VERSUS $17.6 MILLION IN FY 2018 - SEC FILING IBM SAYS CFO JAMES... — read more
AWS Ate IBM's Lunch
AWS had the lunch, then they had dinner, slept, had breakfast, lunch and dinner the next day and for many, many days afterwards. Then, Ginni Rometty sometime very, very much later, thought maybe she might take a look at the "cloud" thing. Late to... — read more
IBM Says It’s No. 3 in Cloud Revenue; Analysts Stick to Google
Just more smoke and mirrors and creative bucketizing & the analysts are wising-up to it. https://www.bloomberg.com/news/articles/2020-03-10/ibm-says-it-s-no-3-in-cloud-revenue-analysts-stick-to-google
Honeywell Signs Up JPMorgan Chase for a Breakthrough Quantum Computer
Honeywell also announced that it has the world’s fastest quantum computer, with a quantum volume of “at least 64, twice that of the next alternative in the industry. IBM looks to be the second fastest with a quantum volume of 32. Big Blew... — read more
Thought this year no bonus Ginni?!
https://www.theregister.co.uk/2020/03/10/ibms_outgoing_boss_rometty_awarded_20m_in_2019_performance/?fbclid=IwAR0a1tKmXe4oVeVxwPsBkNxldQZzFEfvsprl3DczkCKxW8Fh5Hzc6j3WD7s
IBM Switzerland planning job cuts - report
"IBM Switzerland is planning job cuts at its divisions Global Technology Service (GTS) and Global Business Service (GBS) divisions" https://www.telecompaper.com/news/ibm-switzerland-planning-job-cuts-report–1329635
IBM GBS NA will not mass RA this time around.
They will do bench management instead. In the UK, there will be >100 people let go at end of April. The consultation period starts next week. In other countries, there’s barely anyone left locally in GBS other than in Germany and they can’t... — read more
Money IBM is saving from 0% travel policy...
HI - Anyone have a rough estimate for this month and Q2? $30 Million? Perhaps this will enable them to defer expected layoffs a bit longer?
5 Takeaways from Poking around IBM Cloud
An amusing and truly sad review, Atta boy, cloud mastermind Arvind! Atta boy! IBM's sure to gain plenty of marketshare with this. https://www.lastweekinaws.com/blog/5-takeaways-from-poking-around-ibm-cloud/
[upvote/downvote] How Happy Are You About The CEO Change.
Arrow Up = Happy // Down = Not Happy // Comment = Comment
RA Hold
Your thoughts? This is my gut feeling and I may be 100% wrong. I think this time is different and that they will keep RAs on hold due to COVID19. Whoever starts cutting now will get so much bad press it'll be incredible. Even United with 50% of... — read more
IBM cancels Think conference, adds new employee rules over coronavirus
Here go. COVID-19 will be the convenient excuse for why Q2 and maybe Q3 and Q4 numbers get missed. https://www.businessinsider.com/ibm-think-canceled-employees-large-events-coronavirus-fears-2020-3
How this 23-year-old landed a job at IBM without a college degree
Ironic that IBM releases yet another story on "new collar" jobs now just before expected big RAs. https://www.businessinsider.com/how-23-year-old-landed-job-ibm-without-college-degree CaNese "Cece" Curvin, 23, recently landed a full-time tech... — read more
Layoffs postponed until?
Littleton Band 10 here - Was told by a Band C that optics of announcing large layoff soon after Ginny announced retirement were deemed horrible. Corporate decided to delay - she did not know if delay was until end of March or May. I will... — read more
A Total Comp Question – Engineer Position / IBM Research (10+ years of experience)
There is a possibility that I might go for it – wanted to see if you can help me find out what the total compensation would be. Anyhow, this is for a postion with IBM Research located in Yorktown Heights. I have about 10 years of relevant... — read more
As I am getting ready to bail...
I am about to retire from IBM in six months and I really hope there is no a hidden RA lurking somewhere that will complicate this plan. Anyhow, here is my advice to younger folks (get ready for some semi-organized rambling): Pay attention to... — read more
Long Thread - Response, Impact and Importance - Corona Virus and IBM
What's the impact and what are your thoughts?
Our 'solution is k--ling us in a number of areas' IBM said about doomed £175m Co-Op Insurance project
Big Blew blaming the customer again for a failed contract. https://www.theregister.co.uk/2020/03/02/ibm_co_op_insurance_project_cobalt_trial/
IBM’s Recovery Becoming Cloudier
No surprise: we all knew it was all hype & B.S. https://www.forbes.com/sites/jonmarkman/2020/02/28/ibms-recovery-becoming-cloudier/
RH Layoffs and a re-org.
Looks like RedHatters have been getting hit: reports of more RAs there and a re-org. – https://www.thelayoff.com/t/13hlUJy1#replies
Is that Bullet for Me? Redundo clock is ticking for UK staff at both divisions of IBM's Services arm
Some detailed information in the article. https://www.theregister.co.uk/2020/02/27/ibm_redundancies_gts/?fbclid=IwAR2LiPhkGaVXXc9DMz69ulMSZ9GcqHkm8u9MkDdDTPSi3PLv-8VOq-FENBI
2020 Checkpoint Goals meeting = layoff meeting?
My colleague has a meeting Monday with her manager to review her 2020 Checkpoint goals - she believes this is her RA notification call - Thoughts?
ATTN young professionals who think they are being cute by mocking older tech workers...
We were once you. We were once fresh faced young single professionals who had limitless amounts of time to focus solely on our careers and begin climbing the corporate ladder. We too mocked the older generation of tech workers of our day. In... — read more
Any news about RA’s going on today?
Any rumblings going on around the world about RA’s the day? I thought maybe there would be some news or maybe it’s the quiet before the storm
Ginni’s gone but not forgotten- IBM K--ler
With Ginni deciding to step down and taking a board position this is legalized organized crime at it’s finest. Driving the company revenue down from 104b down to 77b. Cooking the books to show cloud growth by combining and removing Other revenue... — read more
Getting around the consultation rules
WIBM: It looks like GTS UK is trying to get around the consultation rules by informing each "business unit" eg IS Non Delivery that the amount of people needed to be made redundant is under 20..... therefore no consultation. Not sure if this is legal... — read more
Two Years After (I was ”Resource Action” two years ago)
I was ”Resource Action” two years ago, 14 days notice, 1 month severance. I had been with IBM for close to 5 years, before that, worked on a company that IBM acquired in 2013 for more than 10 years (they told me those years didn’t count). Many of my... — read more