Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

Just got fired from IBM today.

Just got fired from IBM today. I'm 64 and so was expecting the axe to fall at any time. All the people who are my age are either being let go or retiring, IBM seems to want younger, cheaper employees as a conscious policy.

by
| 2320 views | | 5 replies (last October 22, 2016)
Post ID: @OP+JVhPawN

IBM Revenue, Profit Keep Going Down

All four major financial web sites have this as a top story. As for us - we'll feel the pain again. And, the dividends will keep coming for sure, stock buybacks will continue and Ginni Rometty will continue to unload massive piles of cash for her... — read more 

by
| 1200 views | | 5 replies (last October 19, 2016)
Post ID: @OP+JUfR0ct

10 Blue-Chip Stocks You Should Sell Right Now

Just in case it wasn't on everyone's to-do list for Mon. morning, 10/17 before IBM announces 3Q Results later in the afternoon, here's a reminder: http://investorplace.com/2016/10/blue-chip-stocks-to-sell-right-now/view-all/ "International Business... — read more 

by
| 1050 views | | 3 replies (last October 17, 2016)
Post ID: @OP+JTrPhrw

IBM Brand Value Collapses 19%

http://247wallst.com/technology-3/2016/10/05/ibm-brand-value-collapses-19/ "The failure of IBM's turnaround continues to smother the business. IBM's shares are off 17% in the past two years, against a 9% improvement in the S&P 500. IBM's revenue in... — read more 

by
| 1101 views | | 2 replies (last October 13, 2016)
Post ID: @OP+JPmHWzM

Revenue Slide

https://pbs.twimg.com/media/Cug_es6VIAAdBR1.png:large

by
| 760 views | | 1 reply (October 11, 2016)
Post ID: @OP+JOCnTsX

The layoffs of 1993 and great Pension Fiasco of 1999

I am relatively new to IBM (3 yr) - someone in a thread below mentioned "The layoffs of 1993 and great Pension Fiasco of 1999" - would one of you who have been around for a while be able to shine more light on the two events mentioned here? I am... — read more 

by
| 2210 views | | 7 replies (last October 14, 2016)
Post ID: @OP+JOcOY1Z

This week's (and it's early folks!) IBM Screwup

Again, here's what happens when you fire your experienced, dedicated, knowledgeable staff in order to save money and replace them with off shore and on shore inexperienced workers with bogus degrees. This is the price you pay. IBM customers, caveat... — read more 

by
| 1751 views | | 3 replies (last October 20, 2016)
Post ID: @OP+JN040QQ

IBM was not a "horrible" place to work for me.

IBM was not a "horrible" place to work for me. I got to work with a lot of very smart, talented folks. And I had several managers that helped me stay on through a series of medical issues that took me out for months at a time. No medical leave and I... — read more 

by
| 1450 views | | 6 replies (last May 27, 2017)
Post ID: @OP+JMtt80t

IBM Germany sends redundancy letters to 600 workers

IBM Germany has sent redundancy notices to around 600 employees. This was the first series of forced redundancies in IBM Germany's history. Previously, the company has used voluntary redundancies to reduce its workforce. IBM said the job cuts were... — read more 

by
| 1360 views | | 2 replies (last October 11, 2016)
Post ID: @OP+JLOmqt9

After 32 years...

I was part of a 2015 deal (that went through Ginni's office after a press comment) that netted IBM a pretty penny. I expected some reflection on my 2015 performance... The two reps on the deal got to go to Hawaii. I got a PIP then RA'd. It's a cheap... — read more 

by
| 1180 views | | 3 replies (last October 8, 2016)
Post ID: @OP+JKASROV

Bad News for IBM Hybrid Cloud

This is not good for IBM's hybrid cloud ambitions: http://www.theregister.co.uk/2016/10/06/aws_has_a_lousy_hybrid_cloud_story_vmware_might_fix_that_soon/

by
| 900 views | | no replies yet
Post ID: @OP+JJlqwi9

The Game is Rigged

Another H1B Rant (for Cognizant, but there is reference to IBM): https://www.thelayoff.com/t/EjgnJOS or @EjgnJOS

by
| 611 views | | 1 reply (October 8, 2016)
Post ID: @OP+JJ9tWm9

IBM Makes Clients Pay the Price

I'm betting that Ginni's paycheck is correct every time. http://ipolitics.ca/2016/10/05/australian-case-similar-to-phoenix-pay-debacle-wasnt-on-governments-radar/

by
| 700 views | | 1 reply (October 6, 2016)
Post ID: @OP+JJUQvSq

The PIPs are coming...

Looks like IBM figured out how to get a new wave of people out before they have to pay the 401k match on Dec 15. Employees are reporting that they are being placed on Performance Improvement Plans (PIPs) for 30 days. No improvement equals fired. Same... — read more 

by
| 2480 views | | 1 reply (October 7, 2016)
Post ID: @OP+JJQIFrj

IBM Stock History: 1 Chart You Have to See

http://www.fool.com/investing/2016/10/03/ibm-stock-history-1-chart-you-have-to-see.aspx "IBM missed the boat on the ongoing revolutions in mobile and cloud computing, and it's been scrambling to adjust to the changing technology landscape ever since... — read more 

by
| 910 views | | no replies yet
Post ID: @OP+JJ6qygT

Unica 9.1 Implementation

One of the many things that you will never hear a word about is the implementation of Unica 9.1 by the various divisions on IBM. The final cut over from the old version (7.5) to the new version is the end of the month and its going to be a disaster... — read more 

by
| 2120 views | | 5 replies (last January 30, 2019)
Post ID: @OP+JDsHedg

Yet another IBM screwup

This one has national security implications for Australia. I know IBM has been screwing up at the US Customs & Border Patrol account for many years. This is the result of demoralizing and purging your most skilled employees:... — read more 

by
| 1412 views | | 3 replies (last October 6, 2016)
Post ID: @OP+JA3vN4d

More IBM Screwups

The list keeps growing. Keep in mind, you'll only ever hear about the government ones, due to disclosure rules. All of the corporations that IBM causes outages in don't report their production outages and failed projects caused by IBM, because it's... — read more 

by
| 1530 views | | 4 replies (last September 26, 2016)
Post ID: @OP+JwKWcuq

GBS To Be Sold Off

The current rumor is that GBS is being shaped up to be sold off. The growth units are starting to take shape and earn revenue, but those figures aren't being earned in GBS. Additionally, a lot of the GBS work is now being done by the respective... — read more 

by
| 6110 views | | 4 replies (last October 20, 2016)
Post ID: @OP+Jwn6fnN

Comparing Contractor vs Employee

Would someone be able to give me some insight on what an IBM regular employee gets for health insurance? Also if you can compare a regular employee pay vs contractor pay, bonuses etc... I've been a contractor that just got promoted to a fairly... — read more 

by
| 2930 views | | 4 replies (last December 31, 2016)
Post ID: @OP+Jwk3beJ

Rumors About November 2016 Resource Action

Rumor has another round of RA in November, and then a re-organization and RA in January. Focus is likely to be on areas like world-wide technical sales, among other areas, and finally getting around to culling the managers, who are now managing fewer... — read more 

by
| 2950 views | | 4 replies (last October 6, 2016)
Post ID: @OP+JuTn221

I was RAd in 2015 after 36 years.

I knew it was coming, so I offered myself up for the 6 months severance pay day which worked well for me. I can confirm though the prior comments are all true. After 36 years and holding a senior position myself, & also knowing a lot of very senior... — read more 

by
| 1070 views | | 1 reply (September 21, 2016)
Post ID: @OP+JtrT9cE

IBM Resource Action 2017

I will be the first one to start it – let’s talk about IBM Resource Action for 2017. I know that there are some rumors already floating around, but let’s consolidate things in this thread. In short I’d like to address the following: Timing of... — read more 

by
| 102270 views | | 135 replies (last November 19, 2018)
Post ID: @OP+JtAUPMv

Posted on Watching IBM

Please post this anon in reply to Steve Bynes post in the thread posted on Friday at 1:39 pm I contacted a hiring manager regarding a role that I found in GOM for which I am extremely and uniquely qualified for. I met all of the requirements which... — read more 

by
| 1310 views | | 5 replies (last September 19, 2016)
Post ID: @OP+Jn2JCAF

CEOs of biggest U.S. firms less optimistic about economy

http://www.marketwatch.com/story/ceos-of-biggest-us-firms-less-optimistic-about-economy-2016-09-12 "The Business Roundtable, a lobby group for the largest companies in the U.S., said on Monday its survey of top executives fell in the third quarter... — read more 

by
| 780 views | | no replies yet
Post ID: @OP+JmlfZgl

IBM Raises - September 2016

Looking at: w3-01.ibm.com/hr/web/us/compensation/index.html Now, I see this: "Beginning in 2016 we will have one salary program effective September 1. ..." Does anyone know if this means raises will now be on Sept 1 and not at the end of year? I have... — read more 

by
| 1980 views | | 5 replies (last October 3, 2016)
Post ID: @OP+JmkULMU

IBM Needs to Come Clean About Its Cloud Business

http://www.barrons.com/articles/ibm-needs-to-come-clean-about-its-cloud-business-1471060946 "Amazon is widely considered No. 1 in cloud. But the lack of information from other contenders means industry analysts must compile their own estimates of... — read more 

by
| 1020 views | | 2 replies (last September 12, 2016)
Post ID: @OP+JiAriGc

Judge tosses suits over IBM sale to GlobalFoundries

http://www.timesunion.com/local/article/Judge-tosses-suits-over-IBM-sale-to-9209767.php "However, the federal judge overseeing the case, U.S. District Judge William Pauley III, ruled on Wednesday in dismissing the two cases that IBM executives were... — read more 

by
| 694 views | | 1 reply (September 9, 2016)
Post ID: @OP+JicYg04

Google buying Apigee today is more bad news for IBM.

Apigee had already been taking lots of API business (and technical people) away from IBM, as they have the better API cloud product, but now they have that plus corporate viability. There goes even more IBM revenue, and of course will mean associated... — read more 

by
| 1140 views | | 5 replies (last October 4, 2016)
Post ID: @OP+JiX5evH

Start a new thread - post a news comment, question or message:

: