We'll see where it goes, but at least it's getting pushed. Suspect though Big Blew winds-up settling before a judgment is rendered. https://www.theregister.co.uk/2020/04/10/ibm_practice_of_capping_sales/

How ironic. Maybe they shouldn't have jettisoned so many grey beards. . . https://onezero.medium.com/ibm-rallies-cobol-engineers-to-save-overloaded-unemployment-systems-eeadf13eddce

https://techcrunch.com/2020/04/10/incoming-ibm-ceo-arvind-krishna-faces-monumental-challenges-on-multiple-fronts/

"My biggest fear was IBM was going to just try to s— us in," Cormier, who was then the head of Red Hat's engineering and product management, told Business Insider. Just wait Paul, just wait. ... — read more 

Tom Rosamilla is asking IBMers, via an e-mail, to take a week off this quarter. His note mentions further guidance will be coming for those in GTS, GBS and Systems. Untaken vacation shows up as a liability on a company's balance sheet. IBM will... — read more 

An almost 15 minute interview with AK on CNBC. Pay attention, particularly from 5:15 - 7:00, when he's discussing structural changes to the business and then from 12:24 - 14:11 when he's discussing hiring and skills across the world: read the tea... — read more 

Am I the only one who thinks IBM’s response to our clients during COVID-19 has been weak? Yes they have gotten the good press by contributing to the industry consortium and developing the Watson app. But IBM is a B2B company, not a B2C company. I... — read more 

Can Krishna’s leadership set IBM’s stock price on a new trajectory, and return it to its historical perch atop the enterprise tech mountain? That probably depends on two things. One: Can he make IBM a consistent top-line grower? Because... — read more 

Arvind's letter. Some of the leadership changes are interesting: Jim Whitehurst, in his new role as President, will head IBM Strategy as well as the Cloud and Cognitive Software unit, where he will oversee the foundational technologies that are... — read more 

Interesting reading for folks under lockdown: https://sec.report/Document/0001104659-20-042546/

Google for "Arvind Krishna news" and the headlines are two months stale. President Trump recently suggested Google would setup a web site for testing at Walmart parking lots. Walmart was at the press conference and agreed. Google said it never... — read more 

"IBM will shortly layoff or furlough thousands of American workers, relying on the government financial support passed the other day. Most of those workers are never coming back. What process work still needs to be done will come from India... — read more 

It’s been confirmed that there’s a third redundancy consultation going on in UK where NONE of the staff have any terms in their contracts of employment that entitle them to a defined redundancy payment. It’s also been confirmed they’re to receive a... — read more 

Hey people..... why not volunteer for a statutory minimum payoff rather than wait to see if we push you? https://www.theregister.co.uk/2020/03/27/ibm_redundancies_offer_extended/ Demonstrates perfectly the collective intelligence and spineless... — read more 

They paid 34 billion for it. You are now watching IBM implement that new talent into IBM. As that new talent comes on board, the old IBM will be downsized. That’s the plan, and it’s being ruthlessly executed.

https://seekingalpha.com/article/4333975-ibms-main-asset-is-can-sell-red-hats-offerings

No reason given. No revised date given. Just a reprieve for now for anyone who was on the list, which is a good thing given the instability of the economy right now. Guessing it will come back into play at some point but no idea when.

A 90/30 package gives them to 3/31 to take the charge this Q and have last day be last day of 2q. Typically announcements have been made on Thu so could be 3/26. Of course there was also spec of a 30/90 so could be anytime but sounds soon.

IBM and White House to deploy supercomputer power to fight coronavirus outbreak https://www.cnbc.com/2020/03/22/ibm-and-white-house-to-deploy-supercomputers-to-fight-coronavirus.html IBM is partnering with the White House to make... — read more 

For those sheltering in place, a depressing video from 2 weeks ago of almost 40 minutes in length analyzing where each of the past three regimes failed versus where they succeeded [Spoiler alert: the failures far outweigh the successes] starting... — read more 

Reliable source says GTS US will be hit hard on the RA which is about to hit. Lists were already submitted. Date keeps getting pushed back - I'm sure leadership is going to play up having to do this because of COVID-19 but this was in the works... — read more 

https://seekingalpha.com/article/4333270-ibm-cautiously-optimistic-for-chapter-2

Historically IBM has been above it all when something like this happens. Yes it takes a hit but is able to manage it very well. In this case, IBM has been hemorrhaging for a very long time now. It is totally unprepared to deal with this, as is most... — read more 

The whole world has gone mad. https://www.theguardian.com/politics/2020/mar/19/uk-must-spend-extra-22bn-to-help-workers-facing-lay-offs-urges-thinktank

Projects are wrapping up, no new projects starting. The bench is filling fast. I'd say they'll start to RA in about week or two. I have no insider info, I am merely observing what's happening... I've survived, 2001 and 2008 - this time is... — read more 

BIG RA coming at end of March with people’s last day being end of June. 20% of Global Markets being let go. This one is big enough that it will hit the news. Lists have been submitted... Source:... — read more 

Should we ask for ours or just assume that it's coming? https://www.cnn.com/2020/03/17/tech/facebook-coronavirus-1000-dollars-employees/index.html

It's coming. . . https://www.facebook.com/alliancemember/posts/1633476060123705

"The axe prepares to fall on Global Tech Services staffers, including former Lloyds and Vodafone peeps that TUPED... — read more 

We bought an ungodly amount of stock over last several years. Can we sell that now and use it to help the employee?

The only regions where RAs are hitting right now is Europe, because IBM finally got approvals from the works councils to let go of people. In the US and Canada, there is already nobody left except for executives. So there is nobody left to RA... — read more 

Stock is sure to drop below $100 before this corona virus stuff is all said and done. At that point, some company(ies) or activist investor group will surely look to buy the whole kit and caboodle. https://www.marketwatch.com/investing/stock/ibm — read more 

https://www.youtube.com/watch?v=l4b1D1vWRnc&feature=youtu.be&fbclid=IwAR3eO-vnswa9KKZS1gwot6jipUEw7PkIdSQ-J0rCEJ3DdE4zrjsyNVOGm2E

Is anyone using the fantastic Watson platform to research the Coronavirus?

So Google is not going to deliver on the covid website as stated. What a great opportunity to spin up a design thinking workshop and get the garage teams to push out some cloud packs on IBM cloud and deliver this application. There was a time when... — read more 

Yup this worthless place RAd me this month. Picked up by another company that is actually growing and not sinking like this ship. I get to double dip thanks to this POS. 2025 IBM will be so far removed from The cloud that it will never recover or... — read more 

Is anyone asking Ginni to take a pay cut? https://www.facebook.com/alliancemember/posts/1629962917141686

Just need to replace "AT&T" with "IBM. https://www.foxnews.com/media/tucker-carlson-tonight-investigates-att-outsourcing-jobs

Corona Virus wil be IBM’s free ticket to reduce staff aggressively within a couple months. As market uncertainty is causing clients to put project on hold, financial impact can (will) be huge. This will trigger yet again mass lay-off’s in all... — read more