It’s like one fiasco wasn’t enough. This article states that IBM i set to use uts AI tools into the sector of human resources, with the goal of making better and easier decisions in talent recruiting and in general HR operations. Think that this... — read more
Big companies will get away with anything...
I'm just so disillusioned by now to think anything will change for better or somebody will be held accountable. Just look at that article about ageism at IBM - it was all over the place, literally. Now nobody is even mentioning it and literally... — read more
Profit warnings or contractions in sales pipelines are the usual trigger
So Christmas 2018 is approaching and will anyone take a bet to say IBM won't layoff, or offshore more jobs. This could be in the US, Europe or Asia, nothing should be ruled out by Ginni and her elves. Profit warnings or contractions in sales... — read more
Brace yourselves for layoffs
I was laid off in March 2016 when stock prices were low. Stocks have dropped even lower this time around so there’s bound to be more layoffs. Despite being at IBM for less than 2 years, having good performance, and also being under 30, I got laid off... — read more
Human resources are the last bastion to be squeezed
IBM first derives the expected profit and takes that. Pays the sales commissions (or just a portion if they can) and the leftover is what they budget for project expenses. That is goods and materials. Hardware on the cloud is essentially a fixed low... — read more
IBM CEO Ginni Rometty Criticizes Big Internet Platforms for Mishandling Customers’ Data
Almost sounds like she's politicking, perhaps preparing for her next endeavor after her CEO tenure comes to a close? https://www.wsj.com/articles/ibm-ceo-ginni-rometty-criticizes-rivals-for-mishandling-customers-data-1543257453 BRUSSELS—... — read more
International Business Machines Corporation (IBM): Smart Money Ownership Hits 3-Year Low
Follow the smart money. https://www.insidermonkey.com/blog/international-business-machines-corporation-ibm-smart-money-ownership-hits-3-year-low-673762/
Why do we relentlessly offshore when fewer local resources can do the job?
Not exactly an IBM specific post but I can’t help but question why we need huge offshore teams to perform tasks when fewer local resources can do the same job. Bear with me on some quick maths: In an offshore team to do custom app dev, for example... — read more
Your questions, answered by Ginni.
Looks like this was a company-wide message just received via email: Two weeks ago, you asked Ginni your most pressing questions - from cloud to IBM's future and beyond. She responded with a video on Think Academy. We're keeping the lines of... — read more
The potentially disastrous acquisition
There certainly was more than enough debate regarding the acquisition of RedHat and I heard a lot of different opinions of the matter ( mostly negative), but this article shares a really good view and it pinpoints the main reasons why there is a big... — read more
Are layoffs happening or not?
I'm talking about this year. Weren't there people who were saying we'll see huge layoffs before the start of next year? Was that rumor debunked?
A contrarian view: buy IBM stock now!
https://seekingalpha.com/amp/article/4224095-ibm-follow-buffett
Red Hat: It's in IBM's best interest to keep us as 'Switzerland'
HA! HA! HA! Oh man. . . you can hear the fear of the Red Hatters in this article. Those poor b--tards have no idea what's about to happen to them, no idea. https://www.zdnet.com/article/red-hat-its-in-ibms-best-interest-to-keep-us-as-switzerland/
IBM’s reputation is under water
I am a former IBMer with 29 years experience. I now work for a competitor with several other X-IBMers. It is fair to say we never have - and probably never will have - someone defect to IBM. IBM's reputation is under water in these parts - and it is... — read more
Microsoft Knocks out IBM for Enterprise Blockchain Crown
Another moonshot that's already plummeted back to earth? https://www.ccn.com/microsoft-knocks-out-ibm-for-enterprise-blockchain-crown-report/
The key to IBM’s survival is gaining new accounts
I'm an Ex-IBM Sales Rep who worked in the Software Group for 5 years in North America. In 2013 the prevailing politics disbursed most of my pipeline efforts to others. My assigned account total was reduced and my quota was jacked up by 40%. Having a... — read more
Nielsen Names IBM's David Kenny As New CEO
From a dying dinosaur to CEO: nice move for him. http://fortune.com/2018/11/20/nielsen-ceo-david-kenny/
IBM to spend $25m on youth empowerment in Nigeria, others
Investing in the cultivation and brainwashing of the cheap labor force in the next offshore sweatshop destination. . . https://punchng.com/ibm-to-spend-25m-on-youth-empowerment-in-nigeria-others/
More restructuring info
I have heard about the restructuring of UKI and NA as they fail to make their numbers. I was also told that a major restructuring will occur with CICs taking the lead for all delivery, meaning no local delivery organizations anymore. Many countries... — read more
Ex ibmers are not kind to their former employer
There are thousands of ex ibmers who now in new positions have influence on whether IBM is awarded new business. Independent of how each may have been treated, they know of the dysfunction and poor performance that prevails across all sectors.
Chip announcement
This is a very different development as far as China vs IBM vs the US Government. I think, there has to be some agreement baked into this deal, to guarantee future sales to Govt entities... — read more
The RedHat acquisition is a desperation play, but what can IBM do now?
One would think that there is nothing left to be said about the purchase of RedHat, but this article certainly had a good view on the situation, as it precisely pinpoints the reasons why this buy was a mistake and gives some excellent advice what can... — read more
Congratulations!Virginia M. (Ginni) Rometty wins 2019 Edison Achievement Award Honoree
Good! http://www.edisonawards.com/achievementaward.php
Extra income (non IBM work)
Been looking for some extra income - there are some opportunities on Upwork or externally (one of them would make me a contractor for Microsoft)... Anyhow, does that conflict with our IBM contract as a salaried employee? It's not coding or anything... — read more
Red Hat is doomed but doesn't see it yet
You poor, dumb, naive fool....... https://www.heraldsun.com/news/business/article221033395.html “I love the culture that we’ve all built together.” (Red Hat CEO Jim) Whitehurst said. “(A)nd the reason I got so excited about this is Ginni gets that... — read more
Could Red Hat deal be a 'distraction' for IBM? Unisys CEO hopes so
Competition is licking its chops waiting to pounce on a bloated anaconda that just devoured a wild hog. https://www.bizjournals.com/triangle/news/2018/11/13/could-red-hat-deal-be-a-distraction-for-ibm-unisys.html The IBM-Red Hat deal could be the... — read more
Post Acquisition Layoffs
When we got acquired it took about a year before IBM played musical chair with all the managers moving in IBM managers that had no clue what they were taking over. Shortly after that the bluewashing and chopping started, many of the brighter stars... — read more
IBM CEO Ginni Rometty hopes "new collar" skills will bridge digital divide
Only thing the "new collar" skills will bridge is the dearth of employees created by the next round of layoffs. https://www.cbsnews.com/news/ibm-ceo-ginni-rometty-hopes-new-collar-skills-will-bridge-digital-divide-ai/
IBM's Bob Lord: Red Hat Acquisition Makes IBM the Top Hybrid Cloud Provider
And the earth-shattering proclamations continue! https://cheddar.com/videos/ibms-bob-lord-redhat-acquisition-makes-ibm-the-top-hybrid-cloud-provider https://cheddar.com/videos/ibms-quest-for-the-cloud
GBS will get nuked
I believe you will see GBS get nuked. (that’s essentially outsourcing, consulting, and erp projects). It encompasses most of IBM India. (approx 120k worth of heads). Will IBM roll some of those head under GTS. Of course, but they will also roll some... — read more
Is there any Good News at Work at Watson Health?
Truven and others have been gutted and it looks like they can't "move the needle" with Watson for Oncology. Are there more layoffs coming? Will the moonshot be quietly buried?
Question
In previous IBM acquisitions, how long did it take before layoffs started? And I'm talking about layoffs at acquired company. Also, did layoffs focus specifically on duplicated positions or was there a general RIF to reduce the operational costs of... — read more
Does the Red Hat Deal Make IBM Stock Worth Buying?
The Bottom Line on IBM Stock When all is said and done, Red Hat won’t do much to alter IBM’s fiscal stagnation. Synergy is the intended outcome of most acquisitions, and it’s not clear if this deal will create any synergy. And IBM just paid a steep... — read more
Canary in the coal mine - massive layoffs coming for GBS
Huge December layoffs for GBS North America, UKI, and the Global teams. Europe will be spared. Even billable resources aren’t safe. I was warned that if your team hasn’t heard about doing end of year administrative things like sales credit, project... — read more
Desperate times call for desperate measures
This article covers a wide range of aspects regarding the RedHat acquisition and the general conditions at IBM these days, and I have to say that I agree with the part that says that the Red Hat acquisition was a desperate act from a company that is... — read more
Why RedHat? IBM CEOs want to leave their mark
The Game of Thrones world that surrounds IBM executives has been the same since I joined IBM in the 1970s. C-level executives are always looking to leave their mark. Early 1970s Frank Cary - Declared mainframes will never die but admits that the PC... — read more
The possible consequences of the RedHat purchase
Now that IBM sank 34 billion into Red Hat , you can bet massive layoffs in service. Also when Lenovo pulled out ,this took about 70 percent of the business volumes. Management will also be hit heavily, low hanging expensive fruit that is prime for... — read more
Ginni laughing ALL the way to the bank!!!
You cant remove her. https://www.theregister.co.uk/2018/04/27/exec_pay_in_2017_bernstein_report/
Nov 2018 RA
Thought I would start the thread. Informed I was part of a resource action yesterday. 90 days notice/30 days pay. North America sales.