Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

IBM Named One of the Worlds Most Ethical Companies

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

No innovation

IBM doesn’t innovate anymore. They purchase innovative companies sometimes. I feel sorry for young grads coming on because they see IBM as a “stable” company. This is very much true. When we were innovating, we were on top. Then innovation got pushed... — read more 

GTS RA’

Is GTS safe in this round of RA? If not which countries will be effected?

IBM's Aecom $2B Disaster

How AECOM's $2.3bn outsourcing deal with IBM went disastrously wrong https://www.computing.co.uk/ctg/news/3073118/aecom-to-ibm-usd23-billion-outsourcing-deal-a-timeline

20k to be laid off?

This is another BIG round of layoffs of up to 20,000 out the door. IBM needs cash , hearing no cash pay outs and 30 days or less just like other businesses do . Good luck folks, you will never retire from IBM . Please tell us where the 20k number... — read more 

Who is most likely to be found redundant?

After the RedHat acquisition, I’m in a lot of stress, as I know that many changes will come in the company structure. That need for change is, in this case, mixed with the ever-present need to cut costs, which is higher than ever, given the amount of... — read more 

Estimating 2019 IBM Layoffs

IBM has already announced a 500-700 million dollar charge for 2019 layoffs. IBM pay third world vs first world tends to run at 25 cents on the dollar. Using first world numbers of 10,000 heads per billion, we extrapolate down into a lay-off of approx... — read more 

Microsoft Transformation vs IBM Transformation

So the CEO of Microsoft can transform the company in 3-4 years, grow revenue and margins, yet IBM,s long term CEO makes excuses every quarter. And spends billions on acquisitions that are not bearing growth. This is laughable the IBM Board allows... — read more 

RA is coming and we know it…

We see IBM’s pipeline, we see the work being done, we see and hear customers, we observe executive behavior. We track sales, we see expenditures, we follow financial press, we understand our numbers. We look at all of this and we know what will... — read more 

Over 60 and laid off

I've been with IBM for about 5 years now, I am pretty certain I'll be RA'd before end of the year. What are your thoughts about job prospects for someone my age. I am purposefully omitting my field of expertise as I am interested in hearing about a... — read more 

Giving up good employees too easily

Who else is surprised at how easily IBM is letting some of the best employees walk away? It used to be that you would fight to keep your best, match or beat competitor's offer, do something to make sure people you wanted to stay, stayed. Today... — read more 

IBM 401(k) Case Lands at High Court Amid Warnings of Rush to Sue

Sounds like IBM Exec.'s know the stock will diving soon and maybe for an extended period of time and are trying to minimize their exposures. https://news.bloomberglaw.com/us-law-week/ibm-401k-case-lands-at-high-court-amid-warnings-of-rush-to-sue

Negotiations 101

Can Ginni and the Exec management team negotiate, or can they negotiate. OH by the way IBM board you approved this deal. Sell semiconductors and the plants to GF for a payment of 1.5 billion.. GF has now broken a piece of the sale apart and sold it... — read more 

Three quarters of growth were the anomaly

22 straight quarters of declining revenue followed by 3 quarters of growth followed by 3 quarters of decline. Seems to me that if anything, the 3 quarters of growth were the anomaly. Driven almost entirely by the new mainframe release. This. Sadly... — read more 

IBM Struggles to Jump-Start Its Turnaround

Asked if job cuts were planned as IBM struggles to ramp up business, Mr. Kavanaugh said the company would “take actions to address the stranded costs and structures” that would eat the majority of a projected $500 million to $700 million gain from... — read more 

Is anybody over fifty giving it their all anymore?

Considering IBM's treatment of employees in a certain age bracket (mainly people in their fifties and above,) is anybody from that group still giving it their all knowing that ultimately it will mean nothing when the time for the next cost cutting... — read more 

2019 Layoffs

Layoffs coming in the US across most business units. Financials are looking terrible.

High watermark investments view

IBM is a bit of a unique case, given the portfolio churn the company has been witnessing. IBM appears to have straddled between an incumbent and challenger, finally settling in as a major player in the cloud integration (hybrid cloud space) still... — read more 

IBM Could Struggle in Cloud - Barrons

Barron's Take IBM Could Struggle in the Cloud, Analyst Says — and Watch Out for Activist Investors IBM could have “little to no growth” in earnings over the next three years—and an activist investor could intervene and shake things up, one analyst... — read more 

Red Hat purchase is slow death for IBM

IBM only buying Red hat thinking that their technology innovation in cloud will save IBM and they will become number one player in Hybrid cloud market. but they don't understand 80% of companies are going with one cloud provider mostly AWS with... — read more 

Current State of IBM Affairs

IBM's software is dying from neglect and yesterday's technology Hardware is irrelevant Services are more expensive, lower skilled, and less profitable than competitors due to overhead and all the cuts over the years. Research is a shadow of what it... — read more 

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