It also purchased shares valued at roughly $80 million each in Warren Buffett’s Berkshire Hathaway Inc. ; chip makers Broadcom Inc. and Qualcomm Inc. ; International Business Machines Corp. ; d–gmaker Pfizer Inc. ; Starbucks Corp. ... — read more 

I am hearing that there are RAs already in progress in Australia. Any truth in this?

There must be something in the water at Armonk. Who in their right mind would voluntarily leave for another job during this pandemic? Especially since many tech organizations have put a hold on hiring at this time. Aside from the fact that many... — read more 

Good news, but it'll get settled before it gets to trial, just like the rest of them. https://www.theregister.co.uk/2020/05/14/ibm_commission_appeal/

So much money wasted to set up open offices that will have to revert back once we go back to work (unless they plan to leave it as it is, which is a recipe for disaster.) Or they decide to let all of us work from home, which, in my book, would be a... — read more 

In short, there is no enough volunteers - "To date, we have not been able to meet our business objectives through the voluntary separation programme and if this remains the case following the closure of the EOI window on Wednesday 13th May it. Will... — read more 

Slack - Everyone WFH until September Amazon IT - Everyone WFH until October. Microsoft - Everyone will be WFH until October. Workers with families get 12 weeks of PTO to be used 2 days each week to deal with extended school... — read more 

Our new CEO addressed layoffs at his office hours meeting today. I like that he is honest and talks straight unlike Ginny, A very nice change, I wish he was in charge years back. For those that DO NOT work at IBM I will not say what he said because I... — read more 

First, Let’s Fire All the Managers, Harvard Business Review Management is the least efficient activity in your organization. Think of the countless hours that team leaders, department heads, and vice presidents devote to supervising the... — read more 

Am I the only one who is cautiously optimistic?

Just want to make IBMers aware, if you transfer to a job at Red Hat you will likely have to formally exit IBM and become a new Red Hat employee. If you are under age 55, this can mean losing any IBM seniority, future health care account funds and... — read more 

Read up... Separated employees will receive 14 weeks of pay, and one more week for each year served at the company (rounding partial years up). The firm is also dropping its one-year equity cliff so that employees who are laid off with under 12... — read more 

The pandemic will “dramatically accelerate” the adoption of hybrid-cloud and AI, Mr. Krishna said, as companies turn to cloud services to help their employees work and serve customers remotely, as well as to AI to automate certain types of... — read more 

https://www.crn.com/news/cloud/ibm-board-sets-pay-packages-for-new-ceo-and-president

IBM is known as one of the most acquisitive companies in the world. But the tech giant was expected to go slow on the M&A front after buying Red Hat for $34 billion last year, the biggest acquisition in IBM's history. "We've focused all of our M&A... — read more 

1¢ – Dividend Aristocrat! https://seekingalpha.com/article/4341117-ibm-token-dividend-raise-disappointing

I would be really interested in knowing if any IBMer got these IBM stock shares that were supposed to be given as GDP this year instead of hard cold cash? I personally got nothing... anyone or Is IBM taking advantage of the virus? They sure did... — read more 

I joined IBM as a contractor (Service Engineer) in 2014 and was part of a layoff in late 2019. A couple of months after starting work in 2014, I was asked to work OT and in some cases 18-20 hours nonstop. I was paid straight time for those OT and... — read more 

https://seekingalpha.com/article/4338981-ibm-disappointments

Back in 2018, IBM acquired software distributor Red Hat after diving into blockchain technology with its Hyperledger project. However, the company has so far failed to revive its former glory due to a lack of innovations and leadership... — read more 

Has anybody other than contractors been furloughed or laid off yet?

AK's regime leading right out of the chute! https://www.zdnet.com/article/security-researcher-discloses-four-ibm-zero-days-after-company-refused-to-patch/

D you know any layoffs is going to happen in IBM research in incoming months with regards to New CEO or covid ? Have heard layoffs in IBM research in the past ? Esperically YKT and Albany.

And the pendulum swings the other way. WFH is now better. https://www.theregister.co.uk/2020/04/21/ibm_q1_fy2020_coronavirus/

Beyond that, though, Krishna delivered a bold proclamation. He said he wants the company to grow, and not just on the bottom line. Don't we all. ... — read more 

IBM is on target to trim expenses by $2 billion this year, Chief Financial Officer Jim Kavanaugh said on the call. Divestitures, RA's, re-org.'s, etc. will comprise this expense... — read more 

https://www.wsj.com/articles/ibm-first-quarter-sales-decline-as-new-ceo-aims-to-revive-growth-11587415010 By: Asa Fitch Updated April 20, 2020 6:44 pm ET International Business Machines Corp. {IBM 0.24%} posted lower first-quarter sales... — read more 

It's going to get VERY ugly VERY soon. . . https://www.cnbc.com/2020/04/20/ibm-earnings-q1-2020.html

Does anyone have any insights into the inevitable reorg that will happen in H2?

Curious as to what you thought? Specifically near the end when Mark read a question from a GTS NA Delivery person about GTS and GBS being combined for economies of scale, and Mark saying there is a huge opportunity to do more, etc. Sure -... — read more 

I know we like to get negative here, but kudos to AK for increasing the sales bonus pool and giving people who don't hit their targeted incentives a boost in pay. For example, if you hit 80% of your TI, you'll be made whole to 100%. Or if 60% of TI... — read more 

https://www.theregister.co.uk/2020/04/15/ibm_age_discrimination_lawsuit/?fbclid=IwAR18DhiTd_rQagNSo-o8PsR4EtoGKrvpk_IAPGTqXK1hH0DJ_JQLE0-j48A

Answer: shuffle. https://cloudwars.co/ibm/will-new-ceo-arvind-krishna-shake-up-ibm-or-shuffle-pieces/

It's truly amusing how AK thinks that there's a snowball's chance of this ever happening. IBM has already lost. https://cloudwars.co/ibm/how-ibms-new-ceo-plans-to-beat-microsoft-amazon-google-in-cloud/

Ginni using the corona virus pandemic as a convenient justification to promote the "new collar" concept. Be sureto listen to her interview too, as it contains some juicy... — read more 

It Appears that IBM have found a new way to use the present word wide pandemic to increase their profit margins. Reduce contractors rates by 25% but carry on charging companies the same higher rate. The greed of IBM never ceases to amaze me. ... — read more 

"These are incredible companies that no other country can catch, if they are smart". Maybe a subtle hint at IBM and other companies with the decades long incessant need to offshore every last bit of themselves to save a penny, but lose a dollar... — read more 

We would aim to do this by applying the following principles across and within all GBS markets ALL Indirect and Non-Billable resources will be expected to take 5 days’ vacation preferably in April. Where this is not possible the vacation should... — read more 

Lost a contractor on my project as of last Friday, 4/10, furlow due to COVID19, with no set duration ... but 'until further notice' — will be reevaluated after covid19 settles. (?)