The IBM vessel has many holes in it But the Summit Program is the anchor that will pull the ship down!!!
Average Salaries by Band - see where you fit!
Here are the average (+/- 5% deviation might exist) salaries by Band:- 4 & 5's = $50K 6 & 7'S = 60-80K 8's= 100-120K 9's = 140K 10'S = 150-170K D's = 220 - 250K Base + 30K stock vesting in 2-3 yrs C's = 280-310K Base + 40K stock vesting in 2-3... — read more
What Is The Ownership Structure Like For International Business Machines Corporation
Let's see what this breakdown looks like after the inception of NewCo, as well as what the breakdown is for NewCo itself. https://finance.yahoo.com/news/ownership-structure-international-business-machines-083820376.html
IBM Stock Flatlined in 2020, Even With a New CEO and Spinoff Plans
IBM shares are down roughly 7% in 2020, lagging far behind not just the tech sector, but also the broader market. The S&P 500 is up 15% for the year. The clock is ticking on AK's tenure. By: Eric J. Savitz, Dec. 28, 2020 9:43 am... — read more
Ever Onward - My Farewell to IBMers, By: Ginni Rometty
Sayonara, sweetheart! https://www.linkedin.com/pulse/ever-onward-my-farewell-ibmers-ginni-rometty/
Only half of IBM employees are anxious about getting fired.
According to a recent survey, IBM is a clear leader over Cisco and Oracle in a category that has only recently hit the radar screen. Only half of IBM employees are anxious about getting fired. A much higher percentage of employees at Cisco and... — read more
Band 10s
Every time we discuss the overpaid deadwood clogging the ranks of IBM, somebody will always complain about Band 10s, usually lumping them in with management. I always wonder, what is the reason? What do people think Band 10s do? Sure, there are a few... — read more
European Works Council Statement – Massive and historic workforce rebalancing across Europe, the second in 2020
"At IBM we have a culture of perpetual transformation”, Chairman of IBM Europe Martin Jetter said. “We have continuously reinvented ourselves for more than 100 years, not many companies can say that”. He added that “we are at a turning point and I am... — read more
Is Ibm the worst paying tech company?
Of all the known companies in usa, is ibm the worse paying? for the worker bees ofcourse. Everytime I see salary info online or ask some friends in tech industry my pay seems to be the worst. Not even comparing to FAANG pay and successful startups... — read more
It's my second anniversary in two weeks
I was happy when I joined and excited about all the possibilities the future had to offer. That feeling held on for a few months, half a year at the most. Now I'm miserable and the only future I dream of is away from this place. What a difference two... — read more
IBM will pay $24.25 million to resolve FCC probes
Wasting millions again due to a botched deal. If AK wants suggestions on how to save money, how about stop botching deals like this. https://www.reuters.com/article/us-usa-fcc-ibm/ibm-will-pay-24-25-million-to-resolve-fcc-probes-idUSKBN28X2CJ — read more
Cisco, Oracle, IBM Workers ‘Anxious’ About Job Cuts
The survey found that 62% of Cisco employees said that “yes, I am constantly anxious” about getting fired, which was just ahead of the 55% of Oracle employees with the same response. Half of IBM employees said they had the same... — read more
The State of IBM Sales
I’m gonna say...none. There’s really no area of ibm that is ACTUALLY GROWING. Our sales people are shuffled around constantly and can’t make long term strategic deals, our products change or rather rebrand everyday, we then have too many generalists... — read more
Lawyer Negotiated Eye-Popping Pay Deals for CEOs
The scores of big-name executives he represented included Louis Gerstner (at RJR Nabisco Holdings Inc. and International Business Machines Corp.), George Fisher (Eastman Kodak Co.) and John Sculley (Apple Computer Inc.). The... — read more
New Year’s resolutions?
This year is finally coming to an end, I hope next year will be better for all of us. At one point I was scared of being laid off, but it didn’t happen, however, in the meantime I realized that in 2021 I want to leave the company for my own private... — read more
IBM - Older folks
I left in 2017 as the talks about older folks discriminaton was heating up. then, IBM seemed to be interested in changing the tune and making things work for older folks as well. How are things nowadays?
European Worker Council (EWC) update 18-12-2020
For my European colleagues have a look at the last status from extraordinary meeting EWC on 18-12-2020. You can find it on the intranet.
IBM wants to hire applicants without college degrees. A senior vice president shares what he looks for in future employees.
Allow me to summarize: "We are looking for folks that will work cheap and whose ceilings will remain low because they don't have college... — read more
Digital is a Toilet
Wake up IBM Defund and dismantle Digital Sales immediately. With Covid there will be no traditional office environments for at least another year. Your Industry and Geo Sellers are basically Digital Sellers now. Digital is a total overlay and a... — read more
Newco
The question really is can IBM exploit their monopoly power to raise profits faster than the cloud goes completely commodity. Newco needs a major haircut to compete. IBM is in the process of cutting (just look at Europe) IBM will continue down that... — read more
Takeover
There are layoffs going on now - client execs, digital sales, and hearing tech sales next, as IBM expect the sellers to pickup doing demos and the technical parts with the customers, on the FULL portfolio!! – the inmates have taken over the... — read more
Which IBM products are hot nowadays?
Mainframe and some Red Hat? What else?
Nordcloud Acquisition (+450 employees)
IBM snaps up Finnish cloud firm Nordcloud as battle with AWS, Microsoft and Google heats up IBM said the acquisition will “turbocharge” its hybrid cloud consulting ability. IBM announced Monday that it has acquired Finnish cloud consulting... — read more
Managers that use A.I. ‘will replace those that do not,’ IBM executive says
Rob "Tabasco" Thomas resurfaces to deliver an ominous warning! https://www.cnbc.com/2020/12/16/managers-that-use-ai-will-replace-those-that-do-not-ibm-executive.html
January 4 Layoffs
The global markets teams got a mid day town hall invite by head of NA for January 4 and a follow up town hall by their industry GMs an hour after that. This is not normal. I’m suspecting we’ll find out very soon after if we’re staying or leaving. — read more
Where do you see IBM 5 years from now?
Is it going to get better? What do you think will happen over next few years?
Company is in a crisis and lowest stock price in a decade - but here’s 146 new GBS Partners and Executives
Got an email last night: 146 new Partner and Executive promotes in GBS. Employees in GBS haven’t gotten pay raises or bonuses in years. The company has seen a decline for the better part of a decade. How can they continue to reward incompetence... — read more
Checkpoint fever!!
Extreme, maniacal focus on Checkpoint by Dec 21 in Watson health and VPs and managers pushing hard do it now above clients deals or anything. Secret meetings and box files mysteriously vanishing.. all they care about is powerless no-point slides and... — read more
IBM's Letter to Rometty details $20k PER DAY GUARANTEED for 36 Months
December 15, 2020 Mrs. Virginia M. Rometty c/o IBM Corporation New Orchard Road Armonk, NY 10576 Dear Ginni, Your retirement from IBM comes with much admiration and appreciation for your 39 years of distinguished service to IBM. This... — read more
IBM CEO Arvind Krishna needs new business cards already after appointment as board chair
https://www.theregister.com/2020/12/17/ibm_ceo_arvind_krishna_appointed_chairman/ Having the CEO and Chairman role combined is generally seen as bad practice, and it was Enron using this practice that partly drove the creation of Sarbanes-Oxley... — read more
Willing to get out of IBM
Once IBM announced the split IBM/NewCo, I understood that the company does not see me as an added value, but just as a cost. I am willing to get out of IBM before the RA will hit me. Which IT company should I choose?
IBM Acquires Expertus Technologies Inc. to Expand Hybrid Cloud Digital Payment Solutions
https://www.prnewswire.com/news-releases/ibm-acquires-expertus-technologies-inc-to-expand-hybrid-cloud-digital-payment-solutions-301193468.html Expertus is now part of IBM Global Business Services, following its previous successful alliance with... — read more
2020 Company Rankings * Drucker Institute
We rank America’s largest publicly traded companies according to Peter Drucker’s principles of effectiveness—“doing the right things well.” Big Blew at #3!?!? Is this because of Red Hat being weighted as a much heavier contributor now based... — read more
Why the post "The Ghoul is Finally leaving..." etc.. has been cancelled ?
I did guess it was not possible. Who can do it ? The Op ? or the Admin of the site ? I hadn't the time to review some interesting comments (I'm wrong or they were regarding imminent RA actions) and moreover I would have been glad the chance to... — read more
CEO Hours This Week
AK asks to share the thoughts on where IBM is wasting resources and where we can save money. Of course, this means that he is looking for the ideas where to cut next. How do you perceive this? Do you think the next rounds of RAs will be based on... — read more
IBM JAN/FEB somethings afoot
so hearing that managers, exec's, etc have been made to sign NDA's and that some big changes are afoot for IBM Jan and Feb, Apart from the obvious k–ling of the staff what has anybody heard? Ive heard software services will merge into GBS ... — read more
Go us!
This is about the only kind of list we can make these days. We used to be the best of, now we keep popping up on more and more worst of rankings. This one is 100 percent on point, I think... — read more
Red Hat k--ls off CentOS; users frustrated, angry and annoyed
The Blue Washing destruction has begun. . . https://www.itwire.com/open-source/red-hat-k–ls-off-centos,-users-frustrated-and-angry.html