20 years, here my time has come - I am in Network and Compliance...I got the 90 days notice this morning... Here in Network & Compliance entire teams are getting decimated today

Will post more after lunch...

https://twitter.com/TheLayoff/status/1136686769930301440

Large layoffs.

Yep I am 60.

I just got RAed off. Says IBM is taking a new direction... Straight to hell. I was a top performer I just got let go along with another person in my area. RA'sh--ting everywhere now. We were in GTS.

"If a tree falls in a forest and no one is around to hear it, does it make a sound?" "If a cloud fails and nobody is using it, is there actually downtime?"

A compactly summarized, concisely written, by-the-numbers breakdown. https://www.forbes.com/sites/greatspeculations/2019/06/04/what-ails-ibms-cloud-business/

What to expect in June and July as it relates to IBM RA here in Austin? What do you guys think?

Just sharing this as it was buried in threads: So far no good. Last Monday we got informed that IBM has to let go a big part of us here in Norway. June 3 we get more details. But it looks like this is going to be a big one. Lets see how many managers... — read more 

I am here daily and we have a message or two every day. Now I see views go up and messages come in - people feel uneasy and that's not good.

IBM France announced 210 RAs last week. There is a volunteer RA - if you apply and approved you are gone on 6/19/2019... So, folks got about three weeks to decide. You know what follows. Last time France was the first one to have a RA, I am pretty... — read more 

https://www.theregister.co.uk/AMP/2019/06/03/ibm_supreme_court The current situation on the left side of the pond is that pensions are practically unheard-of for employees of private corporations. There are still a few old giants, like IBM, that may... — read more 

Rick Bowers (VP) is having a All Hands call June 10. Expect the purge to start shortly after that in the Lab Service teams under him. Anyone not connected directly to doing services with ICP, CIP and the likes will get laid off.

An update on the latest status of the former Somers campus -- https://www.lohud.com/story/news/local/westchester/somers/2019/06/04/whats-up-school-proposed-somers-former-ibm-property/3768944002/

Some may find this interesting. This is from Glassdoor, sources below, I've summarized it. This is just for Base Salary (not total comp) for Bands 6, 7, 8, 9 and 10. Band: Band 6 - IBM Software Engineer (Band 6) Salary Typical Base Salary ($/yr):... — read more 

Ask yourself where does IBM make money. System Z definitely, Enterprise Power (absolutely). Scale out Power (not so much). Linux Power (nope). Open power (yes, BUT mainly from IP license deals). Storage follows the same path. Enterprise storage makes... — read more 

Just learned of Simpler Consulting "an IBM company" (simpler.com). Is this a pathway for GBS staff to avoid getting RA'd? Or Is it ripe for divestiture? Is it an attempt to get around GBS BS? Or is GBS too disorganized to know it exists?

Anyone has more info? I am hearing 7/1 as the layoff date but not sure if folks have more info for Cloud Managed Applications Group.

Last week they’ve sent The 2019 Pathway to Retirement to IBM Canada employees. In short, they are asking us to decide by 6/14 if we want it… If we accept, we need to leave in early September. I know many folks who will take it and it surely beats... — read more 

https://www.reuters.com/article/us-usa-court-ibm/u-s-supreme-court-to-hear-ibm-retirement-fund-dispute-idUSKCN1T41SX

"Portfolio simplification" is the new byword in Systems. And yes, the portfolio is too complicated -- and it would be a good idea to converge some offerings into a single team that has "critical mass". In reality this seems to be another cover story... — read more 

The biggest problem at IBM is management doesn’t have a clue who is doing what. We have people who work for managers they never see. Procurement employees in the US , work for management that are in other countries, it’s terrible. Then you have... — read more 

Poster said it was confirmed to be announced by end of last week. I haven’t seen any announcements or anyone in GBS talking about it. Just another rumour ? This site feels full of conspiracy theories. Hard to tell what’s real.

Someone should fix summary to say “employs over 300,000” has been well under 400,000 for some time and is might fall below 300,000 in the next couple years.

“This is an example of a new model of education … a way for this new era that kids [may] not necessarily have a college degree,” Rometty said of the program that is now in its seventh year. “I need that workforce for my company and I need society to... — read more 

The only rumors we are hearing is from this site and it seems to be focused on GTS. Is Hardware expected to take a hit too ? Power is a mess. Its leader was pushed out at the end of 2018 and replaced with a business person from India. There is no... — read more 

Now that Europe has numbers, the US should follow into next week with management getting total headcounts to cut per department. For GTS , seeing a 40-50 percent hit, that’s a ton of people. Most locations can’t even fill an office or workers work... — read more 

Just got "leaving agreement" GTS Central Europe. Pitty I was here nealry 6 years. Was trying to do my job as best as I can. But somehow I was marked.

IBM needs to bring in "the Bobs" from Office Space to ask everyone in the sales organization this question: : "so uh, what exactly do ya do here?"

There is an interesting rumor floating within IBM. It’s the 1/3, 1/3, 1/3 rumor for GTS. 1/3 gets RA’ed, 1/3 gets absorbed by the other divisions, and 1/3 gets sold. (approx 33k within each 1/3) Revenue split goes 65% to IBM (IBM keeping the... — read more 

Link below. In short here is how the game is played: "Like IBM, Larry Ellison's company has begun leaning heavily on layoffs and stock buybacks to boost its EPS in the face of little-to-no revenue growth. It has also relied heavily on M&A over the... — read more 

Stock hasn’t done poo in 20 years. That’s not a tech company. That’s a horse and buggy company Please leave Ginni

https://www.thelayoff.com/lenovo (link: &lenovo )

If you’re group isn’t making money, it’s going to be cut. Services will really take a hit as much of it has been sold , cut or not needed. The days of team leads making charts and holding endless meetings is about to come an end . Management levels... — read more 

https://twitter.com/TheLayoff/status/1133831031830720512

C-Suite jumping ship in this manner: something really fishy here. . . https://www.ccn.com/ibms-1-million-bitcoin-bull-mysteriously-exits-tech-giant-as-global-blockchain-lead

I can't believe this article! Are you kidding me! I must be living in some alternate universe! https://www.prnewswire.com/news-releases/ibm-named-one-of-the-2019-worlds-most-ethical-companies-300801789.html