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
Why Cash Returning From Overseas Isn’t Likely to Create Jobs—and Might Even Reduce Them
So we all know what to expect. . . https://www.wsj.com/articles/how-would-companies-deploy-repatriated-cash-under-tax-bill-1513429201 Firms spent 94 cents of every dollar from 2004 tax holiday on share buybacks and dividends: study By: Jonathan D... — read more
IBM Ranked #1
https://justcapital.com/2017-rankings/?industry=computer-services JUST Capital’s rankings serve as a report card for corporate America, providing unbiased data on how the largest U.S. companies perform on the issues Americans prioritize
What It Would Take to Sell IBM
The blueprint is laid-out, although I'm sure Ginni & the C-Suite have been aware of this plan for awhile. . . https://investorplace.com/2017/12/what-it-would-take-to-sell-ibm/ . . . The best way to sell IBM, then, would be in pieces, through a... — read more
IBM to expunge over 500 people in latest redundo round
Seems the only one safe from RA is the headsman. . . https://www.theregister.co.uk/2017/12/11/ibm_to_expunge_over_500_people_in_latest_redundo_round/
Cost-hurling IBM seeks more volunteers for employment bonfire
https://www.theregister.co.uk/2017/12/08/ibm_isd_voluntary_redundancies/ IS Delivery gets the memo now too, 1,000+ heads at risk – sources It wasn't only staff in IBM's Technical Services Support (TSS) unit that this week received the memo urging... — read more
The Companies Offshoring Jobs at a Record Pace Under Trump
https://www.cheatsheet.com/money-career/the-companies-offshoring-jobs-at-a-record-pace-under-trump.html/?ref=YF&yptr=yahoo&hl=1&noRedirect=1 They must not have counted contractors let go IBM Trump administration contracts: $1.55 billion Outsourced... — read more
The 250 Most Effectively Managed U.S. Companies—and How They Got That Way
Surely this must be a satirical piece. https://www.wsj.com/articles/the-most-effectively-managed-u-s-companiesand-how-they-got-that-way-1512482887 "Tech behemoths International Business Machines Corp., Microsoft Corp. MSFT and Cisco Systems Inc. and... — read more
Taking a sledgehammer to the IBM service model
"McDonald began the journey in Austin at IBM’s design centre. He said that he: ' hired a team of design experts from Phil Gilberts organisation and asked that they only be people who are Gen X or Millenials because I wanted to design it for the... — read more
Don’t Believe in Overvalued IBM Stock’s Transformation
"If you put money into stock of IBM (NYSE:IBM) five years ago, you’re down about 20%. But you have gotten about half that back in dividends. Unless you think of IBM stock as a bond, whose principal declines as interest is paid out, that’s not a good... — read more
The open door process
The open door process is a complete joke. Don't waste your time. I went through it and I had a slam-dunk case against a superior (executive) that threatened me (voice and via email) career-wise if I didn't lie about something and then actually... — read more
Countdown until IBM employees.....
Figure out we're in a recession. How many thousands have to lose their jobs before it dawns on you that all is not well in La-la-land? "But the stock market is at all time highs and the talking head on my TV set said the economy is doing awesome!"... — read more
Jingle bells, IBM tells more staff it is D-day. TSS workers get THE memo, enter redundancy talks AGAIN
https://www.theregister.co.uk/2017/11/29/ibm_tss_staff_face_job_cuts/ BM's Technology Support Services (TSS) teamsters in the Global Technology Services (GTS) UK division are braced for further job cuts as they enter yet another redundancy... — read more
IBM server responsible for Macy's Black Friday credit card issues, analysts say
Another black mark for Big Bleu. https://www.marketwatch.com/story/ibm-server-responsible-for-macys-black-friday-credit-card-issues-analyst-says-2017-11-29
IBM does what IBM does best: Raises the chopper again
http://www.theregister.co.uk/2017/11/28/ibm_gts_redundancies/ Exclusive With the wider ambition to base eight in 10 services personnel to lower-cost wage locations, IBM has commenced the latest job-cutting process in the UK and Ireland. Big Blue... — read more
Appealing Separation at IBM
I was recently terminated by IBM after a report was filed that led to my separation immediately from the company. Does anyone know if there's a reliable appeals process or anything at all I could do to help save my job?
Amid shortage, firms train own workers
"Last month, IBM enrolled its first U.S.-based group of seven apprentices working at the company's sprawling North Carolina campus. All will spend a year learning software engineering, including working in teams on actual tasks IBM needs to be... — read more
Incoming voluntary departures
One thing I do expect regarding the Dec 15 401k matching date is that soon after we'll see a lot of employee departures. Almost everyone I talk to is sick of the stress and has been looking around. A few have just recently left, 401k match be damned... — read more
Meg Whitman to Step Down as Hewlett Packard Enterprise CEO
C'mon Ginni, follow Meg's example, you can do it! https://www.wsj.com/articles/meg-whitman-to-step-down-as-hewlett-packard-enterprise-ceo-1511300946
Auditor Slams Canadian Government for ‘Unacceptable’ Public Pay Woes
Yet, another job that IBM grossly overcharged for and totally f*cked-up! Good job, Ginni! https://www.wsj.com/articles/auditor-slams-canadian-government-for-unacceptable-public-pay-woes-1511288420 . . . But instead of saving money, fixing the pay... — read more
This is what it's like to be a 'Dreamer' working at IBM and fighting to keep from being deported
Hmmmmm. . .so IBM choosing to highlight the plight of 30 illegals rather than the woeful and miserable plights they've perpetrated over the decades upon the thousands of loyal American citizen IBM'ers that they've callously RA'd is not surprising... — read more
IBM board adds $3 billion to stock buyback program
And the financial engineering juggernaut rolls on. . . https://www.marketwatch.com/story/ibm-board-adds-3-billion-to-stock-buyback-program-2017-10-31-11911810
IBM another Buffalo Billion letdown
Perhaps IBM should change their business model to just fleecing state and local governments out of incentive monies. http://www.investigativepost.org/2017/11/09/is-ibm-a-buffalo-billion-boondoggle/ . . . The contracted help desk employees still count... — read more
Warren Buffett Trashes IBM Again
Dump it! http://247wallst.com/technology-3/2017/11/15/warren-buffett-trashes-ibm-again/ "IBM has started to look like the next General Electric Co. (NYSE: GE). It is bloated with too many divisions that underperform, and a long-time CEO in Ginni... — read more
How good is IBM about sending you your last paycheck and severance ? How long ?
Today is my last day at IBM due to an RA .. 10 + years and I am glad to be rid of the stress and unethical behavior I have witnessed first hand .. How good is IBM about sending you your last paycheck and severance ? I signed my separation agreement... — read more
Sell Everything, Keep the Mainframe
It surely feels like this. The C-Level brigade knows how to divest, and that's pretty much it.
More contractors cut.
Nov 10th no notice given, at least IBM waited till the end of the day to let them know.
IBM offloads Notes and Domino to India's HCL Technologies
"IBM has struck a 'strategic partnership' with HCL Technologies that will see the latter firm take over development of its Notes, Domino, Sametime and Verse collaboration tools. IBM and India's HCL have done this before: Big Blue sent Rational and... — read more
Get Ready for the New Disrupters
"As Iwata summarized their view: 'Culture is the No. 1 impediment … " @Ginni: And just where, pray tell, does the responsibility for creating and fostering that culture start? http://time.com/5006970/get-ready-for-the-new-disrupters/
Trump's H-1B Reform Is to Make Life Hell for Immigrants and Companies
Some progress being made. https://www.bloomberg.com/news/articles/2017-11-06/trump-s-h-1b-reform-is-to-make-life-hell-for-immigrants-and-companies
Canadian Layoffs Going as Planned.
IBM Canada continues to target employees with actions ranging from new co-location demands to management 'encouraging' workers to leave on their own volition. At the heart of their problem are Canadian labor laws that require IBM to pay roughly one... — read more
IBM plans to split up and sell giant Rochester campus
I'm sure Ginni has offered some sort of package deal that includes a number of employees to be included with the buildings. . . https://www.bizjournals.com/twincities/news/2017/11/03/ibm-plans-to-split-up-and-sell-giant.html
India very strongly raises H1B issue with the US
https://m.economictimes.com/nri/visa-and-immigration/india-very-strongly-raises-h-1b-visa-issue-with-us-suresh-prabhu/articleshow/61287982.cms
The GOP Wants to Kill Rule That Led to Astronomical CEO Pay
Ginni's not going to like this. . . https://www.bloomberg.com/news/articles/2017-11-02/republicans-want-to-kill-rule-that-led-to-astronomical-ceo-pay
Geographically Undesirable
Some IBM Executive Assistants are being flagged as “Geographically Undesirable” – options offered include moving to a “Desirable” city or joining ManPower as a non-exempt employee and work for ~$30/hour. Not sure if anyone is surprised here but a... — read more
International Business Machines Corp. (IBM) Still Flawed
"My other problem involves its financial management. IBM is more interested in extracting profit, and maintaining its dividend, than in growing. It has been shrinking ever since Virginia Rometty became CEO in 2012. This was once a $100 billion sales... — read more
Philadelphia office to close? RA to follow???
It’s my understanding that the lease is up on 11/30 – this is for the office on 17th/Market – I am hearing that it’ll be closed after the lease is up.
Go on IBMers, tell us what you really think
http://www.theregister.co.uk/2017/10/26/ibm_2017_employee_engagement_pulse/ 2017 employee survey asks workers to describe IBM in three words Business Go on IBMers, tell us what you really think 2017 employee survey asks workers to describe IBM in... — read more