I am going to be affected by an outsourcing deal between Lloyds Banking Group and IBM. How I will be affected is still not clear. Lloyds management and our union are not saying very much publicly about how this deal is going to work. So I am seeking... — read more
The ‘Exporting Jobs’ Canard
Can someone PLEASE invite this obviously entrenched academic to really dig deeper into Big Bleu & obtain some better data? https://www.wsj.com/articles/the-exporting-jobs-canard-1497482039 By: Matthew J. Slaughter June 14, 2017 7:13 p.m. ET President... — read more
Hey Ginni, NOW WHAT?
So you've just fired, sorry "co-located", a bunch of people that you really need, let go contractors that you really need, and made travel near impossible. Is there a plan?
IBM warns itself of possible outages in lab shift screw-up
http://www.theregister.co.uk/2017/06/12/ibm_warns_of_outages_as_hybrid_cloud_labs_switchover_nears/ Big Blue shoots self in foot... has Theresa considered a career change? A cost-cutting measure at IBM to shift a hybrid cloud lab to a new location... — read more
3 Dow Jones Blue Chips That Are Making a Comeback
[From the IBM section in the below article]. "Shares are perking up on rumors of an activist fund getting involved (which could motivate a strategy shift) as well as management recently reiterating strong forward guidance." Anyone have any further... — read more
Wounded Watson, IBM Shares Fail to Recover
http://247wallst.com/technology-3/2017/06/11/wounded-watson-ibm-shares-fail-to-recover/ International Business Machines Corp. (NYSE: IBM) shares haven’t recovered from the beating they took earlier this year. Despite the company’s effort spending... — read more
CEOs Tackle Skills Gap as a ‘National Crisis’ Threatening America’s Economic Future
In case you missed it last week, Ginni was at the North American CEO Forum along with 29 other CEO's from large corporations to discuss their current and future approaches to tackling the supposed "Skills Gap" in the U.S. Ginni sure has a busy... — read more
Panic in Armonk
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.
Tech CEOs Cook, Bezos, Catz Said to Attend Kushner-Led Summit
"Eleven companies have been invited to participate in the June 19 summit, the people said. The list of planned attendees include Apple Inc. Chief Executive Officer Tim Cook, Microsoft Corp. CEO Satya Nadella, Amazon.com Inc. CEO Jeff Bezos, Oracle... — read more
Pension plan cut and eliminated post 94' pensioners forced retired at half or less
Let's see, pension plan cut and eliminated post 94' pensioners forced retired at half or less. Pay grades become combined 'band levels', 30+ years of service. They get 'retired'. No state or government oversight, hmmm... I am pretty sure this paints... — read more
Millennial Mainframer
HA! Look at the IBM effort to get Millennials engaged in mainframe, as after having RA'd so many older experienced employees, they're realizing they've got a qualified talent shortage. And along with the ongoing RA's, they know they're going to need... — read more
Emerging Technology Efforts Face Stagnant Funding Levels, Lack of ‘Rigor’
"Mr. Arimilli, formerly chief architect for analytics, big data and blockchain platforms at International Business Machines Corp.," So, now know where Ravi Arimilli went after he left IBM Austin. He was a top guy within Research: so yet more... — read more
IBM’s Sales Culture is Toxic
IBM’s sales culture has pretty much ruined the company as many of executives have no real knowledge about the products and services they sell. They do however have a rather obsessive desire for more “high margin” sales. The insane focus on sales and... — read more
Facebook is planning to move WhatsApp off IBM's public cloud, source says
A YUUGE blow for IBM's Cloud and Softlayer. But I'm sure the Exec.'s will still trumpet that IBM's a market leader in this space as they RA a bunch off folks in Softlayer very shortly. . ... — read more
Ginni Rometty, IBM CEO Retires
This not a news thread, this is a speculation thread... Let's start a prediction thread about when Ginni Rometty will be retiring. Please keep it civil and focus on: Date Rationale Retirement Plans Let's see what we can come up with. Again, please be... — read more
Did Competition from Amazon Urge Buffett to Sell Stake in IBM?
"Increased cloud adoption will likely benefit Amazon the most, as it’s the undisputed leader in the overall cloud space. IBM will likely be the worst hit by the fall in server demand, as it’s one of the leading players in the server space. This... — read more
IBM: ALL travel must be approved now, and shut up about the copter
https://www.theregister.co.uk/2017/06/05/all_ibm_travel_must_be_approved_now/ Forget 'value or biz justification' says UK GTS chief IBM UK and Ireland has told the Global Technology Services team that all travel to customer sites must be approved by... — read more
IBM's Dedicated Employee Workforce
Clients not happy as IBM is 'shifting service delivery model to DEDICATED EMPLOYEE WORKFORCE'... https://www.theregister.co.uk/2017/05/26/ibm_asks_contractors_to_take_a_pay_cut/ Multiple IBM contractors in Australia have contacted The Register to say... — read more
Making Telework, well... Work... Communication -- Clear objectives -- Trust
Let's see what do we have on the official IBM blog: https://www.ibm.com/blogs/smarter-workforce/2017/05/making-telework-work-insights-siop-2017/ An IBM-convened panel at SIOP 2017 explored the benefits and challenges of remote working. With... — read more
Why Remote Work Can’t Be Stopped
"IBM has said it hasn’t found remote work saves money. It also said the shift away from remote work isn’t aimed at cutting costs—though inevitably some employees leave as a result." . . .though inevitably some employees leave as a result. <-- 'Tis... — read more
Wow, Invest in IBM
http://www.msn.com/en-us/money/savingandinvesting/opinion-this-is-the-most-recommended-us-stock/ar-BBBOlAy Apple is not the U.S. stock that is currently recommended by the greatest number of newsletter editors. Believe it or not, it’s IBM (IBM) ... — read more
Cloud business just gets better each day
http://www.cnbc.com/2017/06/02/lululemon-ceo-blames-ibm-for-site-outage.html
"Work at Home" Scam
The "Work at Home" idea was a great way to scam IBM out of productivity. It never worked as envisioned, I knew many of these scammers and it was just a way for them to work a lot less hours in a week. They would supposedly work hours like 8 to 5, but... — read more
The 20 Most Influential People in Tech Right Now
Surely an amusing paragraph if ever there was one! http://time.com/4759416/most-influential-people-tech/ "15 Ginni Rometty In the five years that Rometty has served as IBM's CEO, she's showed no sign of slowing down. Sealing partnerships with nearly... — read more
Top to Bottom: Pay for 500 CEOs
So can't quote the entire article here as it's largely graphics, and a lot of folks probably won't be able to view it, as it's behind a paywall, but Ginni was 2nd on the women CEO list (Meg Whitman of HPE was first), but look at Ginni's %-gain in pay... — read more
Chopper Flight - Ginni Rometty leaves IBM Hursley Park
Video: https://streamable.com/qquaq Ginni Rometty leaves IBM Hursley Park Repost from youtube.com/watch?v=PqTydmJ794s
IBM marketeers rub out chopper after visit from CEO Ginni
https://www.theregister.co.uk/2017/05/30/ibm_ceo_rometty_tries_to_erase_the/ Not a good fit. Apparently IBM has tried to erase the photograph of the Big Blue chopper that CEO, president and chairman Ginny Rometty used to fly to the UK R&D labs... — read more
RA IN PROGRESS: S Alliance(s) Team; Academic Initiative (University Team(s)); whatever is left out of SWG Tech Sales...
It never stops
Just had a new re-org announcement in GTS
Just had a new re-org announcement in GTS and it looks like they have found a way to add even more managers to the already bloated mgmt structure. It's no wonder IBM is losing their a-- every qtr. It's time to find another job with a company not... — read more
IBM Fail
At about 1:30 p.m. ET Monday, May 22, the redcross.org public website went down due to a commercial power outage at the IBM Data Center in Annapolis, Md. Oracle, the platform which hosts redcross.org, is powered out of the Annapolis facility... — read more
Here's how much tech giants like Apple and Google make per employee
Wow, they're sure getting they're a wonderful ROI on their investment in me. . . Here are the 12 tech companies with the highest revenue, ranked by how much they take in per employee: IBM: $244,447 per employee... — read more
Resource Action - IBM North America, EMEA and Asia
There has been a worldwide action in IBM yesterday and today. People in North America, EMEA and Asian countries have been let go or told to find alternate jobs within IBM. It was a shocking news to people this morning across the globe.
Gearboxed
30-40% of a major section in IBM got "gearboxed" across the board two days ago. They're being told explicitly that these aren't layoffs in that HR will be helping all find jobs in the more "growing" parts of IBM, but moral has been pretty low in the... — read more
IBM asks contractors to take a pay cut
http://www.theregister.co.uk/2017/05/26/ibm_asks_contractors_to_take_a_pay_cut/ Big Blue is 'shifting service delivery model to dedicated employee workforce' but clients aren't happy Exclusive IBM is not just banning the hire of new contractors and... — read more
IBM Rochester Headcount Decrease: 2008 to 2017
In 2008 there were 4200 IBM employees in Rochester In 2017, there were 2,427 (Jan. 13, 2017) That's a 42.2% drop in about 9 years. To achieve the same 2008 employment levels, IBM Rochester would have to grow 73% See more here:... — read more
Women CEOs earn big pay, but few of them have the top job
https://www.bostonglobe.com/business/2017/05/24/women-ceos-earn-big-pay-but-few-them-have-top-job/FxhsonWfNkRO0xWzXvb1GI/story.html NEW YORK — Women CEOs earned big bucks last year, but there are still very few of them running the world’s largest... — read more
Man charged with stealing, selling IBM hardware
"Police noted in the affidavit that Gomez was listed as a contract employee for IBM." Guess his contracted wage wasn't sufficient. http://www.kvue.com/news/crime/0421-theft-charge-robert-gomez/433120529
Maybe the Rumor(s) of Selling-off Systems is Coming to Light
https://www.gurufocus.com/news/524034/hitachi-to-deliver-new-mainframe-based-on-ibm-z-systems-in-japan Hitachi will exclusively adopt the IBM z Systems high-performance mainframe hardware technology as the only hardware for the next generation of... — read more
4 page spread in NYT.
Anyone by chance see the four page ad in the Times? Sounds like this IBM is some up and coming company. Looks like pretty hip place to work. They hiring?
Red Flags For IBM
We know where this is leading. . . https://seekingalpha.com/article/4075450-red-flags-ibm A beautiful list of red flags, which he then provides support for each point in his clearly written, not-too-lengthy article: "Decline in revenue over multiple... — read more