So Big Blew was leasing workspace from WeWork yet they have all these vacant buildings around the globe? Just more mismanagement. https://commercialobserver.com/2020/05/ibm-leaving-70k-sf-wework-outpost-in-union-square/

International Business Machines Corp. has kept mum on these numbers for decades, with arguably one exception in 1993 when Lou Gerstner, a CEO hired from outside the company, announced 60,000 dismissals. When Krishna took the helm in... — read more 

This morning IBM sent a communication stating that IBM will not tolerate any type of discrimination. FAKE news! IBM keeps on discriminating t older employees.

https://seekingalpha.com/article/4351171-ibm-under-heavy-accumulation-since-december

What is the number of people they are aiming for in the long run? We are already feeling the absence of so many people and it is affecting our productivity - and in the end the bottom line - and it does not seem that IBM is done with cuts. I know... — read more 

How do they do layoffs? Phone call? One-on-one with mgmt? Who is in a room? Do they have a script? Is there anything that I'd have to do during that meeting?

Curious if there has been any layoffs from public sector.

This is from the WSJ: Hours after Joe Taylor was laid off by Uber Technologies Inc., as part of the ride-sharing company’s far-reaching cost-cutting, the hardware engineer began looking for a new job. What he’s seeing is a Silicon Valley job... — read more 

the ax is coming .. notwithstandind the covid ... bc the bln (2 two) has been allocated ... for east and west ocean ..GLTA

Layoffs are continuing in GBS NA as a result of Bench Management. Bench management is for those who are not actively staffed on a client billable project. You get put on a PIP, and if you can’t find a client billable project within 60 days you will... — read more 

For those that are in sales, there should still be a commission payment for May on 6/30 and for June on 7/31. Anyone hear whether commissions will be thru 6/22 or 6/30 ?

Anyone else received Workday emails? The best so far is Your Separation is Now in Progress. Looks like my manager is wasting no time in getting me on the way out. I also attended the Rights Management webinar but have yet to make personal... — read more 

People who think they could win an age discrimination suit against IBM: do you remember two years ago when journalists (Mother Jones or some similar site) did all the research and managed to prove that IBM was discriminating based on age when it... — read more 

I did, but don't believe the math justifies the effort. I figure 90 days of 'severance' is worth about $40k, and year of health coverage subsidy for a couple is worth another $20k. If I don't sign the agreement, I forfeit the $60k, so the... — read more 

Everyone knows IBM and public cloud don’t go together. Even IBM knows that Amazon/Microsoft/google have won that war. Look at Softlayer if you need anymore proof. IBM is trying to capture the space where they still hold sway. Mainframe. Nothing... — read more 

It is so pitiful to see that at the same time IBM RA older employees they promote summits that just completed their rotation. Open discrimination.

Look into FHA. I found money there I didn't know I had.

This is widely believed, but not quite true. The massive amounts of spending on stock buybacks - money that was desperately need if the Cloud business was to have any chance of keeping pace - barely keeps the stock price stable. Existing shareholders... — read more 

The company who proudly denounced layoffs for decades becomes the poster child for layoffs for as long as most IT workers have been alive. Do people still want to work at IBM? What does the company add to your resume and your career when you spend... — read more 

We are hearing about the recent IBM layoff notice of ex-AT&T Employees outsourced to IBM exactly one year ago last August. Those of us still at AT&T can not fathom or wrap our head's around the folks IBM decided to release versus those they are... — read more 

Cringely's portent from March 2020 seems quite prescient. https://www.cringely.com/2020/03/30/not-just-the-end-of-it-the-end-of-it-contractors/

All, What is the consensus as to whether we are eligible for 401K matching, if we choose not to sign the separation agreement ?

Guess this information wasn't contained in any of the books on AK's bookshelf from one of his most recent videos to employees: https://www.businessinsider.com/ibm-shows-firing-workers-during-great-depression-coronavirus-mistake-2020-5

At the typical IBM burden rate of $180k average per FTE (at least when I was still at IBM), this equates to 5,000 US employees if the charge for reductions is $900M for the year. Since this is a $900M charge for the quarter, multiply that by 4 to get... — read more 

From where I sit, I see no coherent strategy at all. Due to the loss of skilled teams in this last RA move, we are paying over 37 million in penalties to drop 42 signed contracts (over 190 million in rev) that we no longer have the personnel to... — read more 

As many now former IBM employees are trying to find a way to provide for themselves and their families because they have lost their livelihoods, shareholders are jumping for joy because layoffs have bumped the stock up. Sad and infuriating... — read more 

From what I can see here, this truly was a worldwide cut. Is there any place around the globe where IBM didn't end up laying at least some people off?

IBM is a discriminating company. At the same time they RA older employees they are hiring summits. I think is great they are hiring people who just graduated college, they are the future. However, they should not RA amazing employees. This is... — read more 

That's how I feel about IBM. The company betrayed me after 20 years of loyal service where they gave me very little raises and I worked more then 1 FTE many years. The company saw me as a dispensable number and did not bother to really evaluate... — read more 

https://www.theregister.co.uk/2020/05/27/ibm_australia_layoffs/

Anyone else on the list notice their laptop get locked down via an update 2 days before the notification?

IBM is very clever. Most people on this site think they are receiving "severance pay". IBM never ever uses that term, for good reason. If you are RA'd and elect to file for unemployment, be very careful when asked if you received severance pay... — read more 

Is it true that IBM only provides 1 month severance in this latest round of layoffs? If it is, then this is a new level of low.

What's your estimate as it relates to the size of this RA? Felt like the biggest one so far (14 years with IBM)...

Not sure about other countries, but any Canadian who was RA'd, do you know if 55+ age group was targetted, as through personal conversations, that's what it sounds like.

My team has changed names/departments/groups so many times, I don't know what's what. I'm trying to determine where my team is... (GTS/GBS???) does anyone have a chart/link somewhere? As far as I know, we weren't hit with RAs this round, but many... — read more 

I was RA'd in 2015 (ie let go not for performance but because my group was sinking 35% YOY)....it was about a 25k layoff then mostly US citizens. IBM US worked head count was 120k then i was told so this is a huge drop and quite stunning to be at... — read more 

I chatted with an HR representative online (only practical way to reach them) and asked "Can laid-off US Employees collect Cares Act $600 unemployment supplement or is IBM denying this is COVID related? Florida pays only MAX $225 /week but federal... — read more