In India though, revenue rose, sometimes sharply. It was Rs 23,005 crore in 2015-16 and Rs 32,325 crore, or approximately $5 billion, in 2016-17. That means India accounts for over 6% of IBM’s revenue. In export IT services, India is perhaps IBM’s... — read more 

So take one more step in the thread we are chatting about, and you pretty much can see where IBM is going. This next step makes an assumption, but I believe it’s a rather good assumption New IBM is Strategic and Fortune 250 worldwide. (needs 25% of... — read more 

"Well I was wrong on at least I felt I was wrong on IBM. Now, I may have been wrong when I sold it, too. But I certainly was wrong when I bought it. And I've felt that Apple has an extraordinary consumer franchise. Apple's a different kind of... — read more 

I thought I heard internally that this software product's R&D as well as L2 and L3 were being outsourced. Can anyone confirm?

Posted by @RX9TmxQ-1iem, but I thought more people should read this. Hit the nail on the head. Folks. IBM is transitioning to a fortune 250 strategy and “strategic” initiatives. If you don’t fit into those two buckets the odds of you being gone are... — read more 

Heard from very good sources a major layoff is coming soon across the board to the company. Please share any information you may have God bless and good luck

In recent years, though, Golfzon has come to occupy a middle ground between traditional sports and esports, the video game competitions that have become a Korean national pastime. Golfers in different locations can compete against each other on the... — read more 

Voluntarily leave is one year pay in Belgium

IBM has achieved below-average scores in 5 of the 8 fundamental metrics used by Portfolio Grader in the ranking of company stocks. The company's operational scores are a source of great concern with a ranking for sales growth, operating margin and... — read more 

Look, there is obvious resistance on the chart that could crop up right here, but potentially as high as $162.50. If you want out, this is your chance. https://www.thestreet.com/story/14504191/1/why-ibm-s-stock-is-at-a-crucial-price-level.html The... — read more 

Many sites, products and services will be sunset so major layoffs are coming this year.

This is confirmed. Names are being given to managers and they are being instructed to review the call scripts for an (another) RA that is imminent (within the next month). US cloud tech sales business unit (for one, possibly/probably others). No... — read more 

There are 63 mainframes (insourced and outsourced) in Australia and they aren’t going anywhere soon. . . . Westpac, the Reserve Bank of Australia, Harvey Nash, Suncorp, a number of government agencies and Bankwest are all currently seeking people... — read more 

Apple confirms it uses Google's cloud for iCloud — https://www.cnbc.com/2018/02/26/apple-confirms-it-uses-google-cloud-for-icloud.html

Shanahan said it also would have been nice to read Buffett’s thoughts on why he is selling off Berkshire’s IBM investment but maintaining big stakes in Wells Fargo and US Bancorp. So the fact that Buffett didn't even bother to waste any time or... — read more 

Statement - Significant workforce rebalancing across Europe in 1st Quarter After more than five years, IBM returned to revenue growth in 4Q 2017. Despite this, a significant workforce rebalancing action in Europe was presented at the Extraordinary... — read more 

The site includes 34 existing buildings, including office, manufacturing, warehouse, data center and laboratory space. IBM will lease back eight of these buildings on the eastern portion of the campus, affirming its continued commitment to the... — read more 

I'm aware of layoffs happening as it's impacting folks I work with, but haven't I seen any other news articles about the layoffs? Are the number too insignificant? Or is the topic of layoffs at IBM, uninteresting....same stuff, different day????? In... — read more 

But, so far, IBM’s Buffalo office has been mired in dysfunction and disappointment. Far from bringing “cutting-edge software development jobs” to Buffalo, as the governor promised, most of the employees here work call center jobs as contractors, for... — read more 

Oracle needs to highlight its strengths in the cloud, such as artificial intelligence applications, said Amit Zavery, executive vice president of Oracle’s cloud platform, at The Information’s hybrid cloud and AI event in Seattle. Also appearing at... — read more 

IBMHas all their employees worried about the positions funny how it’s just running my life and my marriage one day IBM’s going to get a lawsuit on them all their customers will know how to treat people and I’ll be the fall of IBM forever

I accepted an offer for what I would call a competitor company (hmmm, not 100% sure as it's more industry oriented). Once I announce it to my manager, would I lose my coverage (health) the same day or is there some grace period for the transition?... — read more 

VGM Scores At this time, IBM has an average Growth Score of C, though it is lagging a lot on the momentum front with an F. The stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy. Overall... — read more 

Yet another deal marvelously botched! https://www.computing.co.uk/ctg/news/3026884/ibm-outsourcing-deal-with-aecom-a-mess

So many parallels. . . http://start.att.net/comics/title/Dilbert/date/20180219/

[Article is behind a paywall and too long to quote in its entirety, so just providing pertinent excerpts below]. Peugeot SA, the country’s biggest car maker, plans to cut 1,300 jobs under new rules for voluntary layoffs that came into force at the... — read more 

How does IBM march forward? Combining GBS with GTS makes sense in that you are spinning off legacy operations to the cloud. (this harvests CRM, ERP, lotus, etc etc while creating redundancies in head count). THUS the 10-15k RA. My guess is it will be... — read more 

Back in 2011, IBM guided for EPS of $20 a share by 2015, up from $11.52 in 2010. However, that goal soon became more of an albatross than a guiding light. The promise was made by Palmisano, but was tasked to Rometty, who was named CEO in 2011. During... — read more 

IBM's stance puts it at odds with trends in the tech industry and broader corporate world toward sharing diversity success stories and best practices, instead seeming to view diversity as a zero-sum game. The lawsuit is unusual because IBM is arguing... — read more 

https://www.usatoday.com/story/money/markets/2018/02/15/why-buffett-berkshire-quit-ibm-and-rometty/340148002/ Warren Buffett’s bet on International Business Machines Corp. (NYSE: IBM), which he has almost completely abandoned, was based on his belief... — read more 

Every one should go to Vegas and protest Ibm at fast start big time casinos do not like bad company like IBM so if you want a class action lawsuit then the best way is to go to Las Vegas and protest IBM. Let it begin come Monday morning

Dear Ginni: Happy Valentine's Day! Love, Warren https://9to5mac.com/2018/02/14/apple-berkshire-hathaway-shares-increase/ (See also related article with video) --... — read more 

I came here to say F--- IBM CONCUR - seriously. I have no other avenue where I can express my utter anger - so, here it goes layoff.com: F--- IBM CONCUR!!! And f--- that "In progress-editing reservation" f---ing message that's stuck on my screen... — read more 

I have a great track record, but, I am seeing way too many peers getting blown up. I am hoping I can get at least another couple of years before the same starts over there.

“We are certainly the world leader in Artificial Intelligence but I believe Augmented Intelligence is the future,” Rometty said, adding that 100 per cent of the current jobs will change and hence there is an immediate need of re-skilling required... — read more 

So in case anyone was wondering what Ginni's doing while this RA is hitting the U.S., she's over in India schmoozing with Modi & other India I/T leaders touting the ‘big bet’ that IBM's making on India. Gee, I wonder what the main component of that... — read more 

Folks at the top jumping ship even at the risk of getting sued for allegedly violating their NDA! And she's the former HR VP and Chief Diversity Officer at IBM to boot, running away from the burning, crumbling ruins right before another RA has just... — read more 

Please let me know...

Layoffs have started. People are being given one month's severance and their last day will be the 28th. They sent out an email about two months ago encouraging people to find other jobs. They are counting the email date as the beginning of a 90 days... — read more 

She was bleeding blue, believed the brand, believed in GR. I'd complain (I work for HPE) about both HEP and IBM, she'd always protect IBM - today, her eyes opened up. I hope you see what's going on as well. Be careful, plan your career, hedge your... — read more