This amusing story is quite illustrative of the problems that IBM has as a huge, bureaucratic company. * * * * "I suspect this note had its origins in Westchester" * * * * * IBM and Microsoft decided to have a competitive boat race (cloud... — read more
Bye, boomer: the coming cull of workers over 50
August is going to be a slaughter. https://www.marketwatch.com/story/bye-boomer-the-coming-cull-of-workers-over-50-2020-07-29 Uh-oh. Those of us who remember when ’80s music was new had better start bracing ourselves for those big-box-store... — read more
Age Discrimination
From time to time, it's good to remind folks about this... Just an FYI, here is what EEOC lists for Age Discrimination The following practices constitute age discrimination 1) Requiring workers to retire once they reach a certain age 2)... — read more
IBM Security in UK is run so poorly.
Management least interested in solving problems but most happy to pass the buck to someone else. Let the poor guy work himself to his grave and when something fails just put it on the poor guy saying he couldn’t survive. But management won’t take any... — read more
Things may not be that bad
IBM's transformation may resemble Microsoft's transition to the cloud. As this metamorphosis continues, IBM could again become one of the most respected names in the tech industry.
How does IBM claim approx. $24 billion in annual Cloud Revenues? Is this a made up number?
Everyone knows that IBM has been having a terrible time competing in the public cloud/hyperscaler market. It would be a stretch to think their revenues in this specific public cloud marketplace are even a fraction of the $24 billion claimed annual... — read more
Why IBM CEO Arvind Krishna Earned an A+ for His Debut Quarter
It appears that the only "cloud wars" associated with the author of this article are those that he's blowing from his own b-ng. What a clown. https://cloudwars.co/ibm/why-ibm-ceo-arvind-krishna-earned-a-for-debut-quarter/
Hiring! IBM wants mainframe, DBMS and UNIX specialists! How to get skilled in these?
During mid-July, US Tech major IBM had close to 200 positions open in India and 33 percent were for these legacy skills. Hmmmm. . .Big Blew is looking to hire lots of legacy skills in India shortly after a massive RA? There are no... — read more
IBM took $170M of taxpayer dollars for a website that doesn't exist
Here's one way to shore-up the numbers. https://www.inputmag.com/culture/ibm-took-170m-of-taxpayer-dollars-for-a-website-that-doesnt-exist
IBM Failing Stock
Since March 2013, the Dow Jones average has risen 84% (14,578 to 26,805), the NASDAQ has risen 222% (3,267 to 10,515), and IBM stock has dropped 39% (212 to 129). And yet no exec has been fired.
IBM outlook remains cloudy at best as new CEO fails to plot the way forward
Since Krishna became CEO in late January, IBM has cut an unspecified yet seemingly large number of jobs. In the first quarter, IBM took a $728 million charge for workforce rebalancing, according to its most recent 10Q from late April. In... — read more
IBM vs Accenture - Market Cap
When I graduated in 2002, IBM's market cap was about 10 times larger than Accenture's. I thought joining IBM was a logical choice... Look at us today: IBM's at $111.93B while Accenture is at $147.84B... I miscalculated. Anyhow, I was let go in... — read more
401K match payment
Separation package has mentioned age and time of service to receive 401k match. Does anyone know how it works or just forget it .
IBM improves gross margins in Q2 under new CEO
Earnings & Revenue beat analysts expectations *AND gross margins grew!? Someone dig-in to these misleading numbers please? https://www.cnbc.com/2020/07/20/ibm-earnings-q2-2020.html
IBM Comms Active on This Board
Just an FYI for all of you here that IBM Comms is active on this board with a goal of posting random IBM related stories in order to push down and drown any content that may be critical of the company. BTW, they've done the same thing on reddit... — read more
IBM: Just a complete shell of a former company and a fraud...
I was hit in 2015, two weeks notice that you are gone, then got 30 days more with the company to "find" a job (of course no one will talk to you). Then you are gone, no healthcare, no nothing. They cheated me on my compensation too after... — read more
PM Modi meets IBM CEO Arvind Krishna; IBM commits big investment plans for India
Apparently AK is not subject to the pandemic-induced travel ban. Also, it's not just random chance that this meeting occurred today in India, as today is when 2Q20 results are announced: ... — read more
IBM.com home page - where's the cloud?
Go on IBM.com home page and see what they are promoting. Very little about cloud or even hybrid cloud. A lot of other software stuff instead and a little on Cloud Paks. How could this be? Cloud is the end game. Look on the products menu. One... — read more
EY and IBM partner
https://seekingalpha.com/news/3592390-ey-ibm-expand-digital-transformation-alliance
Q3 Layoffs
Any updates? This is inevitable but wondering where the cuts will be.
Apple’s Cook, IBM’s Rometty, Ivanka Trump Tout Job Training
https://webcache.googleusercontent.com/search?q=cache:VOsf8mAqJVUJ:https://www.thelayoff.com/t/15Xe9ETZ+&cd=1&hl=en&ct=clnk&gl=us
CIOs Reprioritize Tech Spending in Era of Nonstop Lockdowns and Reopenings
https://webcache.googleusercontent.com/search?q=cache:yA4o6b2FoL8J:https://www.thelayoff.com/t/15YcexKy+&cd=1&hl=en&ct=clnk&gl=us
Notre Dame, IBM launch Tech Ethics Lab to tackle the ethical implications of technology
Funded by a 10-year, $20 million IBM commitment, Here's where some of the the money Big Blew _saved_ over the years through ongoing "ethical" RA's targeting older... — read more
While large US Tech companies laid off workforce in US, they invest Outside
https://www.washingtonpost.com/business/technology/google-announces-10-billion-digitization-fund-for-india/2020/07/13/2d91a0a2-c4f2-11ea-a825-8722004e4150_story.html When these tech companies at the edge of bankruptcy, they look for a bailout from... — read more
IBM Must Face Another Tech Salesman’s Capped-Commissions Suit
https://news.bloomberglaw.com/daily-labor-report/ibm-must-face-another-tech-salesmans-capped-commissions-suit
IBM and RedHat pay cuts?
I'm hearing that RedHat staff - some hired by RH, some by IBM - have been forced to take pay cuts and had commissions reduced. Anyone impacted? simon.sharwood@siptub.com for story on theregister.com if interested. Or just post here.
IBM job ad calls for 12 years’ experience with Kubernetes – which is six years old
Posting requirements for positions that are impossible to fill: looking good IBM, looking real good. . . https://www.theregister.com/2020/07/13/ibm_kubernetes_experience_job_ad/
IBM Settles With Pentagon on Long-Disputed Hacking Allegation
An 11-year-old Pentagon case against International Business Machines Corp. ended quietly in October when it agreed to pay the government $900,000 to settle claims involving hacking attacks on the National Defense University that began in... — read more
Analytics India Magazine: 6 Latest Job Openings For Data Scientists At IBM, PayPal, and More
2| Data Scientist at IBM Location: Anywhere in India Responsibilities: As a data scientist, your role will involve running workshops to define the problem statement, identifying the data that is required, cleaning up the data... — read more
IBM makes its RPA move, acquires WDG Automation
Yet another acquisition shortly after a massive RA? And in the AI space no less? Wasn't AI one of the areas that was decimated in the last RA? Apparently this skill didn't exist or couldn't be cultivated in Big Blew. ... — read more
Google Cloud beats Cloud Rivals for Deutche Bank Cloud deal. See article link below.
Deutche Bank is one of IBM's key financial industry customers. Things are not looking good for big cloud wins for IBM. And now this account will probably be in steady revenue decline. If IBM is to have any success with the bigger Cloud... — read more
Mass exodus
Anybody else thinks that the only reason there isn't a mass exodus of people from IBM right now is the state of the economy? So many people are fed up with everything that's been going on in the past several years and have now been pushed over the... — read more
So when should we expect round 2 of RA's?
I would expect at the end of this month with similar terms as previous. Notified end of month and out by beginning of September. I say that because of the sales incentive they put out for Q2 had a stipulation "must be employed in September"
These 15 Companies Could Benefit Most from the Fed’s New Bond-Buying Plan
[Couldn't quote both articles in their entirety, as it exceeded the 9000 char limit on posts]. Not a finance guy (but any finance guys out there please feel free to explain) so unsure about all of the implications with these moves by the Fed, but... — read more
2Q20 Results: Miss, Meet, or Beat?
IBM 2Q 2020 Earnings Announcement 20 Jul 2020 Huge miss on both EPS and revenue. Furloughs and another RA to follow. https://www.ibm.com/investor/events/
Companies are hiring IBM's elite hacking team to target workers in their homes
So given Big Blew is providing this service to other companies so that they can tally-up black marks against their employees, undoubtedly one has to believe that they are also doing the same against their own employees for yet another criteria in... — read more
Slack Workspace - Ibmfriends2020
For all of those IBMERS who got RA please join the Slack Workspace Ibmfriends2020. It is an amazing workspace where we help each other, give each other support exchange job postings etc. Highly recommended. Good luck.