Whoomp! (There it is) IBM is making a big move to bring more software developers under its corporate wing by acquiring Red Hat, the largest distributor of the popular open source operating system Linux, for $34 billion... — read more
Interesting read: socially-responsible-investing-stakeholder-capitalism
http://fortune.com/2018/10/25/http://fortune.com/2018/10/25/socially-responsible-investing-stakeholder-capitalism/
IBM and Maersk Struggle to Sign Partners to Shipping Blockchain
This is the first sign that Blockchain will be a failure and that the money invested by IBM will be a total loss. It will be interesting to see what happens with Wal-Mart,,, https://www.coindesk.com/ibm-blockchain-maersk-shipping-struggling/
A need to reinvent AI in health care
Just read this article and I found it to be an accurate display of how IBM got it wrong with Watson in health care. Its already costing a company a lot of money, it’s far from any real growth, and it won’t be long before people start losing their... — read more
Post your predictions: # of IBM RAs in 2019
Post your number. The winner takes it all.
How to be prepared to land a new job shortly after being laid off
Most of these things most of us are doing already, but number 3 is something that very few people remember to do, which is a shame, in my opinion: "Turn “Work” Connections Into “Personal” Connections"... — read more
Is AI the future of perfume? IBM is betting on it.
Maybe they've determined a real use for Watson: trying to cover-up the stench. . . https://www.vox.com/the-goods/2018/10/24/18019918/ibm-artificial-intelligence-perfume-symrise-philyra
The way to get IBM back on the right track
I have said this in the past and will summarize again Replace the CEO, board, and at least 1/2 of the executive management team. Aim for 7 layers of management from top to bottom Sell off, IP off, or spin off everything that is non-strategic. I... — read more
IBM Watson's failure resonates
Its interesting that not only is IBM Watson a failure for us, it's now putting a question mark on the entire concept for the rest of the industry. Oh well, I guess if we can't do(have) it, nobody can... — read more
IBM partners with Travelport to launch the first AI platform for travelling management
The new platform that will come out of this partnership , as the article states, will combine Blockchain tech and Travelport’s data, and will have the task to optimize travel programs for companies. Always a good thing to open new markets. There is a... — read more
IBM needs to widen its market
Outside of the classic 200-300 customers (mostly mainframe), IBM is largely irrelevant. Somethings that's a lack of competitive and compelling products (ok a lot of the time), but it's also because the company has exactly zero clue how to scale down... — read more
Former IBMers are prized and valued
There IS life after IBM and you will enjoy not clinching up in anticipation of a dreadful week ahead. My blood pressure is SO much better. I could hear my pulse throbbing. Hopefully you can either retire or find a job where you're appreciated. Former... — read more
Incompetent management
Incompetent management but which is exceptionally skilled at misdirection. They pay for specialists to sprinkle counter-arguments like an earlier one in this page. The rest of the points are in line with countless others that point the finger of... — read more
How many employees does IBM have (as of today, 10/22/2018)
I'd like to contact the admins here and have them update that number of IBM employees they list in the company profile above. Not sure where to find this...
CEO Change (and long time Senior Executives) In to survive long term
https://seekingalpha.com/article/4212181-ibm-ceo-change
IBM’s stock falls to close at early 2016 levels as investors impatient with turnaround
The by-line says it all: "More than 7% drop marks worst day in five years" https://www.marketwatch.com/story/ibms-stock-falls-to-early-2016-levels-as-investors-show-impatience-with-turnaround-2018-10-17 . . . Moffett Nathanson analyst Lisa Ellis, who... — read more
Bigger expenses for rebalansing point out more layoffs could happen
Layoffs will be very large in 2018, again, compared to 2017. Look at this link and search for 'rebalancing' (aka layoff expenses). Note that in 1H 2017, these expenses totaled in $171 million. For the entire 2017 year, the number equaled $199... — read more
What can be done?
Things have been going downhill for us for a while, with one bad decision after another. Anybody else feeling like we are finally past the point of no return?
Let’s cut the c-ap- anyone have intel on the next layoffs?
Too much whining on this board distracting us. Layoffs are coming. If anyone has intel that could warn us about divisions targeted, please share. It could save someone from a period of unemployment to start their search as early as possible.
Yahoo Finance - Watson needs ambulance
This is just too funny. I love the joking and laughter about Watson. https://finance.yahoo.com/video/ibm-down-revenue-misses-estimates-210615280.html I don't think the press the queen bee would like.
Lenovo is “ hiring” IBM’s AI - a $240 million deal is signed
The article states that Lenovo is going to use IBM’ AI solutions for customer support. Think that this deal opens a wide range of opportunities, not only in terms of revenue but also in establishing IBM on the market of higher offerings such as AI... — read more
Leaving IBM GBS for Accenture
I am considering leaving IBM GBS and joining Accenture (Interviewing in process) - I've joined IBM six years ago, my first job after graduating college. At Accenture I'd be aligning with SAP / Financial Services Operating Group on the consulting... — read more
A typical workload for IBMers
I found myself getting worked up on Sunday afternoons about the stress I'd be getting on Monday morning (regularly working 60-65 hrs including many weekends - but no overtime). Then, gradually, the panic started to move backwards to Sunday lunch... — read more
ominous
ibmers and macbooks be ready with fear of the ginni machete when software sales dip and revenues slip employees are meat at a deli
IBM: Has Big Blue Become Big Red?
https://www.thestreet.com/investing/had-big-blue-become-big-red--14748401?
IBM is slowly but surely losing the confidence of customers
IBM is failing on a number of fronts. From my viewpoint they're getting boxed-in on Cloud, Watson-AI, Security, Services, Block-chain and more. It's well documented that IBM was late to the table with a number of their "newer" offerings/directions... — read more
Is there Account Fraud at IBM?
Nobody here admires Rometty. Another quarter of failure. The question is---if a company is willing to lie about its layoffs; lie about the pace of its transformation---and if a company willfully violates one set of laws--like the age discrimination... — read more
Alexa, what's causing IBM to fail?
A. please start a pot of coffee because Alexa has a lot to cover
DOW over 500, but IBM still a big L
This is very bad news people. Massive RA's coming for sure and well deserved no doubt. Where has Bain been? Thought the top heavy mgmt structure was to be trimmed? I still see managers running around my building with nothing to do but send useless... — read more
Compilation of articles on 3Q18 Results
All the lowlights: IBM falls after revenue misses -- https://www.cnbc.com/2018/10/16/ibm-earnings-q3-2018.html IBM’s Revenue Shrinks Again -- https://www.wsj.com/articles/ibms-revenue-shrinks-again-1539722309 IBM is shrinking again, and so is its... — read more
Thus Spoke IBM's Zarathustra
AI will impact 100% of jobs, EVERYONE!!!! All professions, all industries... Says IBM's Ginni Rometty @ the sh--ty Gartner Symposium/ITExpo.... The queen of bullet points, Ginni Rometty Zarathustra, laid out three principles for companies working... — read more
Uh oh...
Another quarter's results are lacking. Less revenue less profit. How to respond? More layoffs no doubt. Management geniuses. We can rely on their steadfast leadership! Brightside...minimum wage catching up from behind fast. Getting so a guy pushing... — read more
Some things never change
Bumped into a thread from @VDO5xvE-2snn, really good and interesting post. I worked at IBM for a short time, maybe 25-30 years ago. They were working on a large government project where the implementation was in silicon valley, but the original... — read more
Too many managers and not enough people doing the actual work at IBM.
Too many managers and not enough people doing the actual work at IBM. You will eventually lose everything with that business model in place. But we could have another town hall to pretend we are great.
Getting old IBM W2
I was laid off (RA’d) in September 2017 – moved on and things are going well at the new company. I'm trying to get a loan for a house remodel and the bank is asking for a W2. Do you know where separated workers can get their IBM W2s - not sure what's... — read more
Voice of IBMers Series – Your stories and feedback are kindly requested
The author wishes to thank those who replied to previous posts. Their feedback is incorporated into a fully-revised version of Part 1. Substance-wise, a new discussion of Palmisano’s Model (roadkill 2015) is included in Part 1. Also, the word... — read more
Secret Society (Ginni & Friends)
I'm beginning to wonder if there is some sort of secret CEO society where the likes of Jeffrey Immelt, Ginni Rometty, Marrisa Mayer, Bob Nardelli..etc sit around an oak table bragging who drove a once great company into the ground the fastest while... — read more
Voice of IBMers (part 2): Rage against the Machine — No Trust for IBM Watson Marketing Hype, Mr. Death Panel, & Cancerous Corporate Governance
Voice of IBMers (part 2): Rage against the Machine — No Trust for IBM Watson Marketing Hype, Mr. Death Panel, (2) the selection of people with requisite integrity and character for its Board, and (3) the accurate and transparent reporting of the... — read more
Voice of IBMer (part 1): IBM’s ‘new way of work’ means Mass Layoffs, Discrimination, Loco Colo-Concentration Camps, Disrespect for Individual
See article here: https://medium.com/@B_C_Gobin/summary-ibms-new-way-of-work-means-mass-layoffs-discrimination-colocation-concentration-8df15290dd6c
IBM challenges Pentagon’s $10 billion cloud computing effort days before bids are due
So since IBM knows they had no chance of winning the bid they resorted to formally whining about the terms of the proposal in the desperate hopes that the DoD relents and changes the terms of the proposal from a winner-take-all to allowing for... — read more