Investing in the cultivation and brainwashing of the cheap labor force in the next offshore sweatshop destination. . . https://punchng.com/ibm-to-spend-25m-on-youth-empowerment-in-nigeria-others/
More restructuring info
I have heard about the restructuring of UKI and NA as they fail to make their numbers. I was also told that a major restructuring will occur with CICs taking the lead for all delivery, meaning no local delivery organizations anymore. Many countries... — read more
Ex ibmers are not kind to their former employer
There are thousands of ex ibmers who now in new positions have influence on whether IBM is awarded new business. Independent of how each may have been treated, they know of the dysfunction and poor performance that prevails across all sectors.
Chip announcement
This is a very different development as far as China vs IBM vs the US Government. I think, there has to be some agreement baked into this deal, to guarantee future sales to Govt entities... — read more
The RedHat acquisition is a desperation play, but what can IBM do now?
One would think that there is nothing left to be said about the purchase of RedHat, but this article certainly had a good view on the situation, as it precisely pinpoints the reasons why this buy was a mistake and gives some excellent advice what can... — read more
Congratulations!Virginia M. (Ginni) Rometty wins 2019 Edison Achievement Award Honoree
Good! http://www.edisonawards.com/achievementaward.php
Extra income (non IBM work)
Been looking for some extra income - there are some opportunities on Upwork or externally (one of them would make me a contractor for Microsoft)... Anyhow, does that conflict with our IBM contract as a salaried employee? It's not coding or anything... — read more
Red Hat is doomed but doesn't see it yet
You poor, dumb, naive fool....... https://www.heraldsun.com/news/business/article221033395.html “I love the culture that we’ve all built together.” (Red Hat CEO Jim) Whitehurst said. “(A)nd the reason I got so excited about this is Ginni gets that... — read more
Could Red Hat deal be a 'distraction' for IBM? Unisys CEO hopes so
Competition is licking its chops waiting to pounce on a bloated anaconda that just devoured a wild hog. https://www.bizjournals.com/triangle/news/2018/11/13/could-red-hat-deal-be-a-distraction-for-ibm-unisys.html The IBM-Red Hat deal could be the... — read more
Post Acquisition Layoffs
When we got acquired it took about a year before IBM played musical chair with all the managers moving in IBM managers that had no clue what they were taking over. Shortly after that the bluewashing and chopping started, many of the brighter stars... — read more
IBM CEO Ginni Rometty hopes "new collar" skills will bridge digital divide
Only thing the "new collar" skills will bridge is the dearth of employees created by the next round of layoffs. https://www.cbsnews.com/news/ibm-ceo-ginni-rometty-hopes-new-collar-skills-will-bridge-digital-divide-ai/
IBM's Bob Lord: Red Hat Acquisition Makes IBM the Top Hybrid Cloud Provider
And the earth-shattering proclamations continue! https://cheddar.com/videos/ibms-bob-lord-redhat-acquisition-makes-ibm-the-top-hybrid-cloud-provider https://cheddar.com/videos/ibms-quest-for-the-cloud
GBS will get nuked
I believe you will see GBS get nuked. (that’s essentially outsourcing, consulting, and erp projects). It encompasses most of IBM India. (approx 120k worth of heads). Will IBM roll some of those head under GTS. Of course, but they will also roll some... — read more
Is there any Good News at Work at Watson Health?
Truven and others have been gutted and it looks like they can't "move the needle" with Watson for Oncology. Are there more layoffs coming? Will the moonshot be quietly buried?
Question
In previous IBM acquisitions, how long did it take before layoffs started? And I'm talking about layoffs at acquired company. Also, did layoffs focus specifically on duplicated positions or was there a general RIF to reduce the operational costs of... — read more
Does the Red Hat Deal Make IBM Stock Worth Buying?
The Bottom Line on IBM Stock 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. And IBM just paid a steep... — read more
Canary in the coal mine - massive layoffs coming for GBS
Huge December layoffs for GBS North America, UKI, and the Global teams. Europe will be spared. Even billable resources aren’t safe. I was warned that if your team hasn’t heard about doing end of year administrative things like sales credit, project... — read more
Desperate times call for desperate measures
This article covers a wide range of aspects regarding the RedHat acquisition and the general conditions at IBM these days, and I have to say that I agree with the part that says that the Red Hat acquisition was a desperate act from a company that is... — read more
Why RedHat? IBM CEOs want to leave their mark
The Game of Thrones world that surrounds IBM executives has been the same since I joined IBM in the 1970s. C-level executives are always looking to leave their mark. Early 1970s Frank Cary - Declared mainframes will never die but admits that the PC... — read more
The possible consequences of the RedHat purchase
Now that IBM sank 34 billion into Red Hat , you can bet massive layoffs in service. Also when Lenovo pulled out ,this took about 70 percent of the business volumes. Management will also be hit heavily, low hanging expensive fruit that is prime for... — read more
Ginni laughing ALL the way to the bank!!!
You cant remove her. https://www.theregister.co.uk/2018/04/27/exec_pay_in_2017_bernstein_report/
Nov 2018 RA
Thought I would start the thread. Informed I was part of a resource action yesterday. 90 days notice/30 days pay. North America sales.
Fast start
Really who cares about fast start it’s nothing but a waste of time and money. This is why IBM can’t make money because they waste more time to play and partying then out in the real world. Doing business. IBM A losing company.
IBM lays off 75 additional Walgreen dedicated SSR's
Happy holidays from IBM 85+ Walgreen dedicated Technicians let go before the holidays !! Reason: they make to much and are hiring low cost labor to replace them.
All the companies that IBM acquired
In light of the recent RedHat acquisition, this article provides the list of all the top companies that were acquired by IBM. How successful did those purchases turn out to be? You can be the judge of that... — read more
Does this mean we will pay for the merger?
If there will be no layoffs at Red Hat as part of the merger, does that mean that the consolidation will hit our side exclusively? That is certainly not going to create a welcoming environment for the newcomers... — read more
Layoffs in a different flavor
The layoffs are going to come in a different flavor in 2019. Ibm will Be spinning off a large portion of legacy HW and services. As such IBM will stuff the spinoffs with unwanted folks just like they did with Lenovo. Once the spinoff’s are complete... — read more
Take a bet to say IBM won't layoff
So Christmas 2018 is approaching and will anyone take a bet to say IBM won't layoff, or off shore more jobs. This could be in the US, Europe or Asia, nothing should be ruled out by Ginni and her elves. Profit warnings or contractions in sales... — read more
No Planned Layoffs for RHT
https://www.bizjournals.com/triangle/news/2018/11/02/red-hat-ceo-there-are-no-planned-layoffs-with-34b.html
IBM CEO Ginni Rometty Buys About $3 Million in Company Stock
Perhaps this was the plan all along: drive the stock price down to nothing, then buy a pile of shares for pennies on the dollar? Or is this just a $3M dollar PR stunt to prove to investors that they shouldn't dump and run, but buy too?... — read more
IBM's $34B Red Hat deal is risky bid to boost cloud business
https://finance.yahoo.com/news/red-hat-soar-ibm-deal-134926659.html Some of the comments hit the nail on the head Gini is a terrible CEO. She just put the nail in the coffin of a roughly 100 year old company. This is a desperate move. They had a lead... — read more
The RedHat acquisition - did IBM see some benefits that others didn't
I am personally very skeptical about the purchase of RedHat, especially with the price that was paid. This article states that IBM saw in RedHat something that the competition failed to see and provides an insight on the ways that it plans to benefit... — read more
An example of what IBM does to its acquisitions
IBM's second biggest acquisition was BI company Cognos for $5 billion in 2008 The implosion of Cognos is the same as similar acquisitions like SPSS and Algorithmics: First year of bluewashing goes OK. IBM goes out their way to attribute as much... — read more
The organizations within IBM are not unified
The problem is that IBM employees across corporate departments are not unified. The best description I have heard is that IBM internal organizations are a loose collection of warring nation states. Organizations are out to optimize their "value" at... — read more
With Red Hat, IBM Makes a Big Cloud Promise. The Reality Is Far More Hazy.
“Buzzwords like Watson, AI, and now hybrid cloud have been little more than empty rallying cries that have left IBM investors in tears,” says David Nelson, chief strategist at Belpointe Asset Management. Since Rometty took over in early 2012, IBM... — read more
a job in another big tech-related Company like Oracle, Dell, IBM, MS, etc
If your experience is in IT per se (programmer, DB, business system analyst, etc.), I wouldn't recommend at all looking for a job in another big tech-related Company like Oracle, Dell, IBM, MS, etc., etc., because sooner or later it will be the same... — read more
Mark Shuttleworth Thinks IBM Buying Red Hat is Good News for Ubuntu
Perhaps good news for Ubuntu but guessing this is real bad news for AIX. https://www.omgubuntu.co.uk/2018/10/mark-shuttleworth-thinks-ibm-buying-red-hat-is-good-news-for-ubuntu
To everyone in analytics
Rumor has it that if your first line manager is trying to have you take a New role is because you on the RA list. This was heard more than once. by your VP