I'm about to be terminated from IBM. I'll get 1 month severance & benefits (gee thanks). If I start a new job during that month, do I still get the severance?
GTS (newco) , is it time to leave?
As a GTS emplyee I am considering leaving asap as I can hardly see anything good out of this for NewCo. Question for other GTS emplyees, what is your take on current sitation? Update the CV and get out ASAP?
Is NewCo Doomed from the start?
When one looks at this spinoff of NewCo in a little depth, one has to wonder how the heck NewCo will survive and thrive. Most spinoffs, think Delphi Auto Parts from GM, had an independent business that could continue to supply the mother company... — read more
GTS and GBS seem to do the same thing.
I moved from GTS to GBS recently, and I don't see any real difference between the 2 divisions. Both basically manage client's IT. GBS claims to be more about cloud, but supporting a client's AWS, AZURE, and other cloud services is the same thing as... — read more
Need a Visionary at IBM Today
Position Not Open - Watson, please create a job role and advertise!
IBM Signals The End Of Amazon’s Dominance
LOL! https://www.forbes.com/sites/danrunkevicius/2020/10/15/ibm-signals-the-end-of-amazons-dominance/
A Letter: The Real Reasons For (And Ramifications Of) The IBM Spin-off (Long)
Dear friend, your pal Deep Throat here. The REAL reason for the spin-off is below: I know you are wondering about any insight I may have into the recent shenanigans going on in IBM, in particular with regards this new company imaginatively called... — read more
Will the results be the same?
I just read an interesting comparison of IBM today and the situation Microsoft was in 10 years ago when they opted for a public cloud strategy. I hope that we will see a similar success in the future. Here is an article with the comparison:... — read more
Fate of GTS Contractors under NewCo
GTS has many that work as contractors. Anyone have any idea if cuts to contractors is likely as NewCo comes online? Any feel for how many?
20,000-plus staff' could face the chop in spin-off of IBM's IT outsourcing biz, says Wall Street analyst
Good news for Big Blue's market cap, not so much for its workers https://www.theregister.com/2020/10/14/ibm_newco_spinof?fbclid=IwAR0URnWEi7rEz_8mGbZ-gyPGlZAEyWfGbUPm_kHxT7zyIqkpli0hBA1AjPw
Spinoffs Have Dramatically Underperformed. Here’s How To Profit From Them
3. Follow the parent company’s money. Parent companies often retain a large stake in the firms they spin off. If a parent company holds onto its spinoff’s stock, it likely has a high degree of confidence in the spinoff’s future... — read more
When do you think people will be told if they are in newco?
If 60 days is when the execs decide who is going to newco - will we find out then? Or will we be told 6 months (or less) prior to the move date ?
Problem # 1: IBM hasn't been a Tech company in a long, long time. The Financial Engineering business model, however, has been unsuccessful.
It appears that IBM mostly gave up on developing technology in-house and turned to the financial engineering business model in the early 2000's, maybe even earlier. IBM became the Department Store of the tech industry. As quoted below, IBM just was... — read more
When IBM splits in two, where will Rochester land?
A little bit of insight into the possible impact of the split on Rochester. https://www.postbulletin.com/business/technology/6714945-When-IBM-splits-in-two-where-will-Rochester-land The venerable 109-year-old technology giant IBM will be split... — read more
IBM "Brain Trust's" message to workers in Upteen million live town halls. KEEP WORKING.
"Don't worry about it. Everything's fine. Continue to work as if nothing is happening you mindless IBM drones."
Cuban's comments on IBM back in 2014 (probably already on this site)
https://www.cnbc.com/2014/10/22/very-little-content-is-created-in-us-without-first-talking-to-netflix-investor-mark-cuban.html Mark Cuban basically says what everybody outside of IBM already knows. And, this is from 6 years ago.
Over/Under of me getting RAed (resourced action (IBM slang for Layoff)) again.
Back in May of this year (2020) I was RA'ed (IBM jargon for laid off) with a 30/90 (30 days till termination with 90 day severance). This meant that June 30th would have been my last day. I was on the GTS side of IBM. Then less than 1 week... — read more
Possible scenarios for employees in Rochester
It has not been decided yet whether Rochester will remain with IBM. As someone who used to work there, I would love to see this place intact and under IBM’s umbrella. Is there any chance for them to keep the current teams here? Uncertainty creates... — read more
IBM to lay off a other 20,000 more?
The Register: '20,000-plus staff' could face the chop in spin-off of IBM's IT outsourcing biz, says Wall Street analyst. https://go.theregister.com/feed/www.theregister.com/2020/10/14/ibm_newco_spinof/
whats Ibms "hybrid cloud" strategy?
From what I gather, IBM's "hybrid cloud" strategy is to convert (deploy) all software they're selling into RH openshift containers and sell them to clients by marketing it as applications that can transfer data to/from mainframes to public... — read more
Chapter 11
Maybe IBM will transfer all the debts to the NewCo and then NewCo will file for Chalter 11?
Why are people being put on a PIP right now?
A friend of mine was put on a PIP a couple of weeks ago. Even if we put aside the fact that he is one of the best and most valuable employees here, it still remains that they're putting people on a PIP in the middle of a pandemic. Are no allowances... — read more
For IBM, will spinning off GTS help it get the Red Hat mojo?
Shedding GTS may eliminate a distraction, but it's just one step toward the transformation it is seeking. More activity yet to come: spin-off, RA's, divestitures... — read more
IBM Pension
I am an ex employee that worked for IBM for over 30 years. Will my IBM pension be affected with the detachment?
IBM Should Spinoff Cloud as Separate Business Named Red Hat Cloud
Probably what IBM should've done if they were really interested in focusing on the Cloud. https://build5nines.com/ibm-should-spinoff-cloud-as-separate-business-named-red-hat-cloud/
IBM / Consulting / PMP certification
How important is a PMP certification if you are moving to a manager role and above in Consulting? Is it really a big deal for employers? I feel you pick up a lot with experience and it doesn't add any more value than a tag.
IBM Split Doesn’t Guarantee a Speedy Recovery, History Suggests
Boyar Research, in a study last year of 246 spinoffs, found that in most cases the outcome was disappointing. Such companies generally did well in their first year, the New York investment research firm said, but after five years, just over... — read more
IBM business split: One-fourth of India staff may be part of new entity
While IBM does not disclose the India headcount, it is estimated that the country accounts for about a third of its global workforce of over 350,000. 350K/3 = 116,667. 116,667/4 = 29,167. So if 90K heads will be moving over to NewCo as has... — read more
NewCo is the biggest resource action in the history of IBM
NewCo is actually the biggest resource action in the history of IBM. Nearly 90K employees are being “removed” from IBM’s payroll and fenced in a new company. Reasons why I’m currently sceptical on this announcement: NewCo will hold most of... — read more
This is the impending death of an American Business Icon
An endless parade of weak executives and management teams has led IBM off the cliff. Now everyone is saying IBM was destined to become a smaller company. This is loser-speak. IBM was betrayed by a bunch of spineless, useless, worthless, business... — read more
IBM’s Red Hat Deal Laid Foundation for Split of Company Into Two Pieces
“We are only 20 to 25 percent of our way into the cloud journey. We are only 4 percent of the way into the AI journey,” Mr. Krishna said. No, sorry AK, IBM is already at the end of its cloud... — read more
8 Major Concerns About IBM's Break-Up Path Into 2021
Layoffs, Consolidations & Charges It is too soon to know what actions IBM will formally endure during this process. The press release noted that IBM will take action to simplify and optimize its operating model for speed and growth. ... — read more
Sorry, but...
IBM has not been a “company” in decades. It is a financial engineering project. When you see it through that lens all of this makes much more sense.
IBM to Spin Off Services Unit to Accelerate Cloud-Computing Pivot
IBM opted for a spinoff to have certainty over the timing of the separation and provide customers certainty over what would transpire. Mr. Krishna said the company would be open to an acquisition offer for the businesses as long as it... — read more
IBM is Almost Dead Last in the Gartner Magic Quadrant for 2020 for Public Cloud Services (see Gartner Magic Quadrant graph in the link below)
https://www.bmc.com/blogs/gartner-magic-quadrant-cips-cloud-infrastructure-platform-services/ How could this possibly happen? IBM used to be synonymous with computing. IBM was computing and set the standard for computing at one point in... — read more