We just got Ginni's email about fourth quarter results. As usual it is all sunshine. What really happened?
Beyond Apple Repatriation: 16 U.S Corporate Giants Have $1 Trillion Cash
Big Bleu in the Top 12 with a $25B horde piled-up overseas. I'd love to get a full itemized accounting of exactly how every penny of whatever they decide to repatriate gets apportioned. Alas, I'm sure we'll never know. . ... — read more
When are layoffs supposed to start?
Was just wondering when these 10,000 cuts are going to start taking place? I've seen the number circulated all around, but no date attached to it (might have missed it, but I don't think so.) And is this truly going to be limited to GTS, or should... — read more
When is Ginny Rometty going to get fired?
How long has her turn around plan been in place? What are the Board of Directors and shareholders waiting on for her to retire with a golden parachute?
Wanda-IBM Cloud Ambitions Turn Stormy
Loused-up another one! Lots of PR fanfare around this announcement back in early 2017 when the agreement was signed, but now that it's crumbled, not a peep from the IBM PR machine... — read more
What will reassignment really mean?
Everybody is focusing on 10,000 layoffs in GTS expected by IBM, but I am more interested in what the reassignments will mean for the rest of us. This sounds like an ideal opportunity for IBM to demote a huge number of people and cut our salaries... — read more
Big change for all managers
So rumors are going on that if your a first line manager and your not in a close range of your team then get ready for change travel experience will not be allowed. So it’s time to relocate or find a job somewhere else.
Job cuts at IBM Canada
Job cuts and re-organization happening today at IBM Canada (Cloud Managers were only informed yesterday later afternoon if they were still employed. And today is when they have to decide who is on their smaller team and who is not.
IBM just replaced its chief financial officer
Replacing the CFO 1 week before 4Q17 Earnings results? Seems fishy despite IBM's denials to the contrary in the article. http://www.businessinsider.com/ibm-replaces-chief-financial-officer-2018-1
Aging just a dumb move for IBM
So how does IBM do a reorganization change this way? They want to save money but they have now have first line manager that live on the west coast but all there team is on the east coast not very smart.
T2.0 will transform our service delivery model
https://regmedia.co.uk/2018/01/09/ibm_do_not_distribute.jpg
10,000 to be laid off in 2018 (in GTS)
The "do not distribute" slide that is floating around has been published by The Register: https://regmedia.co.uk/2018/01/09/ibm_do_not_distribute.jpg On the left-hand side are the current positions of the employees, referred to as "sources of... — read more
Black & Blue: IBM hires Bain to cut costs, up productivity
Don't let your butts leave a-- prints on my door on your way out! https://www.theregister.co.uk/2018/01/11/ibm_gts_2018_consult/ The result? One-third of GTS to be 'redeployed' or not replaced when they leave . . . Exclusive IBM has indicated to... — read more
IBM Watson Health layoffs 2018
Please post if you hear anything.
That the leadership continues to self glorify itself...
I am currently with IBM GBS and here is the sad part -- we have too much of upper management that does no contribution to opening up markets nor develop skills typically they belong to an era where the market was not that fast paced .. so we are... — read more
Fast start
Fast start what a joke Ibm is laying people off but they have money to waste on this
It’s Time for IBM to Move on From CEO Ginni Rometty
https://investorplace.com/2018/01/its-time-for-ibm-to-move-on-from-ceo-ginni-rometty/ No buying strategy would have made you a lot of money on IBM stock over the last six years "Ginni Rometty’s pulling down more than $33 million in annual... — read more
First line manager are not telling you SDL your out
Just heard that your manager is not telling you that the role of SDL will no long exist just heads up
RA in the works
I received confirmation (off the record) today that a cut is in the works, from someone at the Director level, but no other info as far as timing or package details. Sounds like soon though, so probably the usual January RA. I wonder if it's 3 months... — read more
Judge orders IBM to post $25M bond in Indiana welfare case
"The judge said in Tuesday's order that IBM had argued that its 'financial strength proves that it will have the means to pay' about $90 million — the amount the award is expected to grow to, with interest, over the two years its appeal will likely... — read more
IBM sues Expedia over patents made in 1980s
Trollin', trollin', trollin'! https://www.cbronline.com/news/ibm-sues-expedia-patents-1980s . . . IBM’s lawsuit against Expedia was filed in US District Court in Delaware just a week ago and came a day after the technology giant settled a similar... — read more
Worst management ever
Worst management ever. Worse than the time with Akers. Lower level management is pitiful, unqualified, no leadership skills, dumbfounded, don't have a clue about IBM's own personnel policies, can't provide career or skills advice to its own people... — read more
IBM's Recruiting Style
I remember a talk back when I was at the UW — a representative from IBM came and gave an info session to about 100 students from comp-sci and comp-e. We were all ears. I distinctly remember that the rep talked to us for about an hour, and that for at... — read more
UK GTS and Cloud
Rumour is UK is going to be hit once again in GTS and Cloud platforms.
India has received 2.3 million H1Bs in the last 10 years with 300K visas just in 2017
http://www.firstpost.com/world/h1b-extensions-on-the-chopping-block-4282721.html Over the last 10 years - from 2007 to 2017, Indians have taken the lion’s share of H1B visa approvals every single year followed by China in second place and Canada... — read more
IT firm formed carel to limit salaries Ex infosys board member claims
IT firm formed carel to limit salaries Ex infosys board member claims http://www.businesstoday.in/current/economy-politics/it-companies-cartel-keep-entry-level-salary-low-mohandas-pai/story/266846.html h1 b used for exploitative employment
What a loss
Most here are probably too young or too short of tenure to remember how great and respected a company IBM was up through the 1980's and early 90's. Introducing oneself as an IBM'er and showing your ID card at any security desk was rewarded with... — read more
The Worst 5 DJIA Stocks of 2017
Good work, Ginni! Hopefully another well-deserved bonus is coming your way! http://247wallst.com/investing/2017/12/30/the-worst-5-djia-stocks-of-2017/ "Only five stocks among the 30 that make up the Dow Jones Industrial Average (DJIA) closed out 2017... — read more
20 Worst CEOs in America 2017
http://247wallst.com/special-report/2017/12/26/worst-ceos-in-america-2017/2/ Ginni Rometty Company: International Business Machines Inc. Industry: Technology Tenure: January 2012 to present YTD share price change: -8.0% The majority of America’s... — read more
No any rumor about Ginni's resignation as CEO?
She has ruled IBM for 5 years and been 60 years old.
Meet the Preliminary Dogs of the Dow for 2018
Happy New Year! At least Big Bleu is near the top of some list. . . http://247wallst.com/investing/2017/12/26/meet-the-preliminary-dogs-of-the-dow-for-2018/ "2. IBM Yield: 3.93% International Business Machines Corp. (NYSE: IBM) remains stuck in the... — read more
H1B Visa fraud, this is just the tip of the iceberg
www.washingtonpost.com/local/public-safety/va-man-behind-20-million-visa-fraud-faces-deportation-after-prison-sentence/2017/12/22/61007138-e729-11e7-833f-155031558ff4_story.html?utm_term=.422be19975b0
Old or new news about Watson ....it's all hype.
https://which-50.com/cover-story-watson-cancer-story-ibm-doesnt-talk/O https://www.beckershospitalreview.com/healthcare-information-technology/5-things-to-know-about-the-md-anderson-ibm-watson-breakup.html https://www.medscape.com/viewarticle/876070o
IBM Unveils Futuristic New Growth Driver
Perhaps the author of this article should layoff the eggnog. https://www.fool.com/investing/2017/12/23/ibm-unveils-futuristic-new-growth-driver.aspx "IBM CEO Ginni Rometty is also paring overhead. Though its spending was flat last quarter, her... — read more
IBM is about to be split into two pieces
I believe you are about to see IBM split into two pieces. Strategic initiatives, and everything else. Both pieces will be marketed separately and eventually they will be sold off. Strategic initiatives will include all of the strategic initiatives... — read more
Emough
The quality of this site is gone. Clean it up or take it down.
What no bonus from IBM?
Whats she waiting for?
Corporations get big tax break.
More corporate money means more MERGERS. MERGERS mean layoffs to eliminate duplicate jobs.
IBM Blue Points
I have about 500 Blue Points, not sure what to do with it? Does TheLayoff have any suggestions?
These companies will take a huge profit hit from lower tax rates
IBM's #8 on that list of potentially most impacted corporations. But there's no way Ginni will allow this to happen. I wonder what sort(s) of actions she'll have to take to prevent it? [HINT: We all know. . .]... — read more