Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

It just keeps getting better

IBM has apparently decided that their problem isn't substance, it's image. They have created the role of Chief Brand Officer to convince us that we aren't seeing what we're actually seeing. From the article: "Iwata, who started in the role on August... — read more 

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| 1720 views | | 5 replies (last August 14, 2017)
Post ID: @OP+OHaA2Ju

IBM IN PANIC

there is panic in armonk. the divs like finance and gts that they wanted to pawn off, needed to conflate this qtrs rev numbers, have no buyers. ginni is obsessed with salvaging her legacy - to no avail. bye.

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| 5110 views | | 6 replies (last August 12, 2019)
Post ID: @OP+OF4o7q0

The 5 Candidates Most Likely to Replace IBM CEO Rometty

The more talk in this direction, the better! http://247wallst.com/technology-3/2017/08/07/the-5-candidates-most-likely-to-replace-ibm-ceo-rometty/ The turnaround at International Business Machines Corp. (NYSE: IBM) led by “Ginni” Rometty, who took... — read more 

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| 1700 views | | 7 replies (last August 11, 2017)
Post ID: @OP+OEr4vgj

JOB OFFER / HIRING FREEZE

It has been almost a year since I first applied for a position that's a 100% match with my skillset... I've worked three fairly short term contracts since then and I really do not want to do yet another one. Do you know if they have an intention of... — read more 

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| 1750 views | | 4 replies (last August 6, 2017)
Post ID: @OP+ODTdZxs

Co-location issue

Co-location is sending waves through Cloud division - must move 50 miles from major sites - NY, San Francisco, Austin, RTP, Littleton, Atlanta. No details about when or where for each team; also most of these sites are in high/very high real estate... — read more 

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| 1800 views | | 4 replies (last August 7, 2017)
Post ID: @OP+OAp6hM3

330 GB-ers IBM cartidge...

Kudos for the team... https://www.theverge.com/2017/8/2/16074568/ibm-330-terabytes-record-uncompressed-data-cartridge-cartridge-tape

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| 920 views | | 1 reply (August 6, 2017)
Post ID: @OP+OADxkYK

Fear of China’s Retaliation Hinders U.S. in Trade Dispute

"International Business Machines Corp., which has licensed semiconductor technology to Chinese firms, has taken a softer line. Chris Padilla, an IBM vice president, said in May that while the U.S. should insist on a principle of reciprocity when it... — read more 

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| 875 views | | no replies yet
Post ID: @OP+OAz0juw

IBM Cloud Contractors

A bunch of contractors in Cloud were let go also. Is this company-wide? These were not former IBMers that came back as contractors - seems like it is every contractor. No consideration of whether they were essential - 1st and 2nd line managers had no... — read more 

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| 1650 views | | 1 reply (July 31, 2017)
Post ID: @OP+OvoKpoL

Happy birthday Ginni

Well she turned 60 today. Will she retire on Monday? One can only hope.

Watson Health laid off contractors

Truven Health, a part of Watson Health just laid off 2/3's of it's contract workforce. Contract recruiters were told to hold off until 5:00 on Friday to inform their workers. These were contractors who were promised to become FTEs in 6 months when... — read more 

IBM: The Incredible Shrinking IT Vendor

A long read, but by far, the hardest-hitting piece yet on IBM's 2Q17 and in general: author really let's them have it! https://seekingalpha.com/article/4091141-ibm-incredible-shrinking-vendor

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| 1083 views | | no replies yet
Post ID: @OP+OuPzPZ1

Lost of Tech Edge

The technical culture has degraded since the loss of Nick Donofrio (if you are recently joined see this https://en.wikipedia.org/wiki/Nick_Donofrio) --- Now, couple that loss with a non-technical CEO and a majority of non-technical executives and you... — read more 

IBM: Even a Blind Squirrel Finds the Occasional Nut

https://www.linkedin.com/pulse/ibm-even-blind-squirrel-finds-occasional-nut-peter-e-greulich IBM Revenues Have Dropped from $107 Billion to $80 Billion in Five Years. By One Measurement, IBM’s 2016 Revenues Should Have Been $147 Billion … … or IBM... — read more 

The Boss Wants You Back in the Office

The abstract sums it up -- having all the worker bees in the office and in visible sight range makes it easier to micro-manage and scrutinize their every move. And with Big Bleu's case, this statement here needs some major revision: "This spring IBM... — read more 

Why IBM Shareholders Have Something to Worry About

Even the Motley Fool, which has typically been quite generous on IBM has come to its senses. https://www.fool.com/investing/2017/07/24/why-ibm-shareholders-have-something-to-worry-about.aspx

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| 1060 views | | no replies yet
Post ID: @OP+OqmVMEg

American IBM may develop and implement Taza koom program

Apparently the Kyrgyz haven't been paying attention to the recent massive IBM-helmed project failure in Australia, not to mention the countless others, like TX State Dept., etc. Poor Kyrgyz are likely being sold a bill of goods & empty promises at an... — read more 

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| 1020 views | | no replies yet
Post ID: @OP+OqRfArU

IBM, HPE Make List of Activist Investor Targets

The Blue water is turning purple from all the blood and the activist investors can smell it a mile away. http://www.investopedia.com/news/ibm-hpe-make-list-activist-investor-targets/ . . . Wither Watson? Take IBM, which last week reported... — read more 

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| 862 views | | no replies yet
Post ID: @OP+Oq1vRFA

Management is a protected class

Management is a protected class. A few managers get taken out in the RAs but on the whole, they are safe. It's ridiculous, since management directs the work and should be held responsible if the business doesn't do well; so they should be the first... — read more 

IBM: Don't Get Caught In A Value Trap

"Whatever IBM is doing, it is simply not working. Their transition to the cloud is facing stiff competition from competitors. I am very concerned that management is now claiming they aren't interested in revenue growth anymore, despite their stock... — read more 

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| 990 views | | 1 reply (July 25, 2017)
Post ID: @OP+OpLvxeX

I am hearing that those that were gearboxed are now starting to be RA’d .. does this include all that received the below email ? Thank you

Subject : Roles - Action Required: Identifying Opportunities As we discussed today, IBM has a number of open positions in our Watson Health, Cloud Platform, and Security units, and in Global Business Services, that may match your skills, experience... — read more 

Selling Short or Put Option

What's your position right now? Short or put options? Either way, IBM will be making you some serious money. Gearboxed, still no RA - there is more than one way to profit from IBM's demise even though I am certain I'll be RA'd within next three to... — read more 

PMA (Portfolio Management Action)

Take this with a grain of salt, however... It looks like a new large IBM RA program is underway, folks are already departing. The early indications (also see Watching IBM) are that most of the folks affected are in the Gearbox program - but there are... — read more 

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| 1330 views | | 1 reply (July 24, 2017)
Post ID: @OP+OoOsfeW

Immediate terminations already started?

There is a watching IBM post on facebook that says it's already on. Immediate termination this time (pretty much, last day of work is this month!) with two months severance pay and six months of health insurance at the same rate you're paying now... — read more 

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