A lot of posts are from people claiming victory in leaving on their own terms: good for them (and I mean it). But there is something to be said for 'hanging in there' if the circumstances warrant it. For example, I was in my mid 50's and sensed the... — read more
Federal / Shutdown
Do you know if the Federal group got impacted by the shutdown? What happens if there is another shutdown?
I don’t see the possibility of Services being sold off
Many people on here (or maybe it's just one person who posts often) bring up Services being sold off. I just don't see how that's possible. IBM sells "solutions" to their customers but what they actually produce is a patchwork of disjoint... — read more
Has International Business Machines (IBM) Finally Bottomed Out?
https://www.fool.com/investing/2019/01/27/has-international-business-machines-ibm-finally-bo.aspx
Boomer Brain Drain: The Big Mistake Employers Are Making
I can't wait until they show me the door: not transferring one lick of my "tribal knowledge" to any jegging-wearing newbies. F*ck them, let them flounder & fumble and figure it out just like I did. Taking it all to the grave with me... — read more
IBM Share Price Off 20% in Past Year
Have IBM’s prospects improved? Based on its earnings, probably. Are the prospects still at high risk? Probably, as well. The cost of Red Hat, the challenge of integrating it into IBM, and the advantages Amazon and Microsoft have are among those... — read more
IBM CEO: We are the cloud for business
~@4:57 - end of video -- MARIA BARTIROMO: Anything else you want to say about how you're repositioning the portfolio, given the other things, like the divestitures? GINNI ROMETTY: As an investor would always expect, we always go back over this... — read more
Favoritism / Nepotism at IBM
I have noticed an alarming amount of favoritism (and even nepotism in some cases) within GBS. Advantages in terms of job opportunities, perks like attending conferences, promoting people well beyond their level of capability with dubious promo cases... — read more
GBS get ready to peddle Red Hat
Confirmed there is a campaign within GBS to hire and retrain on Red Hat. As if the pile-on of IBM Cloud wasn’t enough, now we are pressured to peddle a Linux OS in the era of Cloud. Meanwhile S&D make millions off our backs. When does it end???
Discussing the Era of 'New Collar' Workers With IBM CEO Ginni Rometty
Wow. . . From 0:44 'til the end of the video at the 1:40 time stamp. Of particular interest though is from ~1:30 - 1:40 -- This idea the people don't need to be left behind, and by the way, age doesn't matter. Our data proves it. We've re-trained the... — read more
IBM Beats Q4 Earnings Expectations But Concerns Still Linger
@2:36 - 2:44 -- So IBM needs to do more to shed some of its assets that hasn't [sic] been producing profit for them. It has been weighing down their business, it's something of the past, and they need to continue to turn around and look at the... — read more
Hardened Arteries. Patents that languish. Blurred Vision.
https://seekingalpha.com/article/4235503-ibm-reasons-quit#alt1 Everyone in the hierarchy has been promoted well past their level of competence. It's like hardening of the arteries. One suspects this may be the case with IBM. IBM continues to lead the... — read more
Ex-Proud IBMer
I was a proud IBMer but saw the decline and the writing on the wall and retired under my own terms before I got tapped for reduction. This was 5 years earlier than I had originally planned but as I said was on my terms rather than forced so I am... — read more
IBM Requested Lying to the Goverment
https://www.theregister.co.uk/2019/01/18/ibm_government_lying_claims/?page=1
Opinion: IBM plays a confusing game to claim stronger cloud business
IBM Corp., like Oracle Corp., is giving investors confusing information about its cloud-computing revenue, trying to show its business in the biggest, best possible light. The most baffling part of IBM’s IBM, +8.46% approach is tying its cloud... — read more
With government shutdown comes a massive layoff at IBM
So many of the juicy milking contracts that IBM has been doing to the US government and American taxpayer is coming to an end with the shutdown . A well deserved Massive layoff at the crooked IBM is coming . You heard it here first
How Companies Secretly Boost Their Glassdoor Ratings
In case anyone needed any proof that the reviews on Glassdoor are skewed, look no further than this article [paywalled] where Big Bleu isn't mentioned specifically, but the shady rigging of Glassdoor reviews by other companies is --... — read more
IBM CEO Ginni Rometty said companies have to change the way they hire, or the skills gap will become a crisis
Look where Ginni is now and what she's proselytizing about, yet again. It's convenient too as I'm sure this was all on expenses so she can also check on her chalet while she's there in Switzerland. For IBM CEO Ginni Rometty, of primary importance is... — read more
4Q results are in
North America and GTS are the big losers. Brace yourselves and best of luck to you all.
We have all seen this movie before
Peak IBM revenue was six years ago. Income has dropped 30% since then. In the same time period, IBM has acquired 55 companies! Tell me again: Why will Red Hat make a difference in top line revenue? Red Hat will follow the normal pattern: $3 billion... — read more
People are regretting leaving
I read posts from so many people here who can't wait to leave IBM, but I wouldn't be so quick to actually act on that if I were them. I know of several people who have quit in the past three years and are now trying really hard to find their way back... — read more
IBM Stock’s Red Hat Era Begins With Its Q4 Report
“When all is said and done, Red Hat won’t do much to alter IBM’s fiscal stagnation. Synergy is the intended outcome of most acquisitions, and it’s not clear if this deal will create any synergy,” Brumley wrote November 9. “And IBM just paid a steep... — read more
IBM HR made me lie to US govt, says axed VP in age-discrim legal row: I was ordered to cover up layoffs of older workers
The dirt is starting to trickle out. . . https://www.theregister.co.uk/2019/01/18/ibm_government_lying_claims/
Workload Rebalancing is Financial Engineering
Workload rebalancing is an unrealized promise because the last of these conditions—operating at the same or higher level of profit productivity—has not been met. IBM has been increasing profits by lowering wages, but this has been offset by the... — read more
Will the New Year Bring the Fall of Another Iconic American Brand?
This is Virginia M. Rometty's reality: IBM's brand is in big trouble. It will take a change of leadership and strategy in 2019 to save one of America's most-iconic brands. Otherwise analysts and shareholders, executives and employees, customers and... — read more
4Q18 Results: Miss, Meet, or Beat?
It's that time again, folks! One week before 4Q18 Results announce, so lock-in your answers now! I'll start: miss.
Modernizing Medicine opens new headquarters at old IBM office in Boca Raton
In 2015, Modernizing Medicine received an investment from IBM, part of a $20 million financing round. Not sure if IBM still owns this building, but if so, then Modernizing Medicine is essentially paying the rent for awhile with Big Bleu's money?... — read more
Clamps down on non-customer travel and expenses for 1Q19
Seems the 4Q18 clamp-down on travel has just carried-over into 1Q19, as just received word of this in Systems group. Don't know how widespread. Guessing 4Q18 results are not looking too rosy. . .
Are Options Traders Betting on a Big Move in IBM Stock?
Clearly, options traders are pricing in a big move for IBM shares, but what is the fundamental picture for the company? Yeah, a big downward move. https://www.zacks.com/stock/news/346686/are-options-traders-betting-on-a-big-move-in-ibm-stock
T-Systems to sell mainframe unit to IBM: Handelsblatt
The Handelsblatt daily cited an internal memo which said 400 employees in six countries would switch to IBM in May. Sacrificial lambs to be RA'd within a year or so of the acquisition closing. For recent evidence, just ask the Verizon folks that were... — read more
The Skills Matrix
My team was just asked last week to fill in a matrix of our skills and what were working on with timeframes. Now sometimes these requests can be data gathering for a big bid, but I know it’s not for a big bid this time as I know of several other... — read more
IBM laying off more than 300 in RTP
https://www.newsobserver.com/news/business/article224283465.html#storylink=latest_side
Next round of layoffs
When can we expect next round of layoffs? It is more and more obvious each day that anybody in their late forties or early fifties and up has no future at IBM. This leadership will stop at nothing to get rid of us, it seems. And unfortunately, they... — read more
Maybe the same poster will stop posting
It’s obvious from the posting here the vast majority of the comments here are from one person....check writing style. Can you please stop?, you’re ruining the forum and making it look like your column. I’m definitely not sticking up for IBM, but get... — read more
IBM Managers Discussed Ways to Thin Older Ranks, Documents Say
From Bloomberg today: "International Business Machines Corp. managers discussed ways to make the company’s workforce younger and move jobs overseas, according to a presentation filed in court recently."... — read more
The RedHat buy was a bet, but it was the only bet left to play
You say IBM overpaid, And I agree with you. BUT what was the alternative??? IBM had to get back into the game of cloud, and the only way to do that was buy Redhat or Hortenworks. They were the only 2 open source players left standing. (both have... — read more
The first step towards the RedHat acquisition IBM took 20 years ago
Of course, this title is metaphorical, but it paints a good picture of IBM’s journey from a conservative corporation to a corporation that cashes out the biggest amount for a tech company in history, for a company that is based on open source... — read more
IBM to 'be gone' from AECOM by Spring
https://www.computing.co.uk/ctg/news/3068859/ibm-to-be-gone-from-aecom-by-spring-says-insider A depressingly familiar story that could be from any one of IBM's outsourced clients. No doubt the loss of this account increases the chance of more... — read more