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
The benefits of the RedHat acquisition
Even though I am very sceptical about the RedHat purchase, I gotta admit that that this article points out some good things that can come from this. In any case I think that IBM overpaid a great deal for RedHat, and at this point I think it will... — read more
IBM Adds $4 Billion to Share Buyback Plan, Confirms Dividend After Red Hat Deal
The financial shell game continues. . . https://www.thestreet.com/markets/ibm-adds-4-billion-to-share-buyback-plan-confirms-dividend-after-red-hat-deal-14762497 International Business Machines (IBM) said Tuesday that it will buy back another $4... — read more
IBM's board needs to take hard look at CEO Ginni Rometty
https://finance.yahoo.com/news/ibms-board-needs-take-hard-look-ceo-ginni-rometty-191306423.html Ginni Rometty has been CEO of IBM (IBM) since Jan of 2012—almost seven years. Since then, IBM’s stock is down 38% while the market is up 110%. That’s a... — read more
Why can’t we stage a walk-out?
Haven’t we had enough with the incompetence of the board and management? Haven’t we had enough with the age discrimination, rampant favoritism, and gross mistreatment of individual contributors? Don’t we deserve answers? Why couldn’t we do a... — read more
IBM ICP vs RedHat Openshift
Wondering is IBM is going to toss ICP away now that it is acquiring RedHat and its OpenShift platform... and I know that ICP is/has been integrated with Openshift, but what is the point to have more than one platform? Not to mention that ICP has been... — read more
IBM's Unpaid Sales Commission
This one popped up on the Watching IBM page, it depicts how low the management is willing to go nowadays... ||| I left IBM voluntarily last month. IBM owed me commission on over $500k sold before I left and I was told and reassured I'd be paid my... — read more
Just a reminder
In case people forgot, layoffs are nothing new at IBM. As a matter of fact, we still hold the crown for the largest layoff in U.S. history - 60,000 positions at one time. Chances are, if anybody manages to beat that, it will be us again... — read more
Analyze Data (Age Discrimination)
www.biddle.com/documents/layoff.pdf How to Analyze Data for Age Discrimination in Layoffs
IBM Employee Discussion Forum
Do you think we may need an IBM employee discussion forum? I am thinking about setting up one. If yes, a few questions: How many of you would be interested in joining and participating Do you think we’d have enough people visiting to make the forum... — read more
How many more times
How many companies did IBM buy and destroy through management incompetence? They make billion dollar bonehead decisions and we keep earning the company more so they can do it again. I will start with an odd one. Rolm, A telephone equipment... — read more
Qualcomm’s president praises IBM’s acquisition of RedHat in the media
I just ran on to this article and I have to say a found it interesting how Qualcomm's president Cristiano Amon spoke favorably about IBM's acquisition of RedHat, calling it the peak into the future. I’m surprised that the leader of such a big tech... — read more
How are we paying for this?
This begs the question of how IBM could afford to pay that much for an extremely overvalued company, meaning here we are at Softlayer all over again. How do you think they’ll raise the capital to fund the acquisition? The sale of Services, which is... — read more
Red Hat Layoffs
Check out Red Hat's board: https://www.thelayoff.com/red-hat
RedHat acquisition makes zero sense for IBM
This makes zero sense for IBM. Red Hat is a nice little Linux business, but it doesn't do much with the cloud. Linux (the operating system) is the VERY BOTTOM of the software stack. Having control of Red Hat will do NOTHING "to help companies bridge... — read more
An amazing, amusing value-per-employee IBM versus Red Hat
IBM: $114B market cap, 370,000 employees: $308K market cap per employee. Red Hat: $33B market cap, 12,600 employees: $2.6 million market cap per employee.
Hello more layoffs
Anybody who is hoping we will pay for Red Hat through some means other than layoffs has not been paying attention lately. What is the easiest way to cut costs and save money, at least short term? Layoffs. What has IBM been using in the past several... — read more
IBM to Acquire Red Hat for About $33 Billion
Red Hat, based in Raleigh, N.C., will operate as a distinct unit within IBM’s Hybrid Cloud team. And IBM intends to retain all of Red Hat’s roughly 12,600 employees, Ms. Rometty said. IBM currently has just under 370,000 employees. So adding 12600... — read more
IBM CEO Ginni Rometty insists the 63% premium the tech giant is paying for Red Hat is a 'fair price'
I'm sooo glad she's not helping me negotiate my next car or home purchase. Playing it conservative on debt levels, IBM will pause its share repurchases in 2020 and 2021, a move that Rometty describes as "being prudent." So this explains a portion of... — read more
Q: What do you get if you cross Watson and Red Hat?
*First respondent with correct answer gets additional week severance.
How is IBM going to pay for Red Hat?
IBM is buying Redhat for 34B or over 10 times revenue. My guess is that IBM will sell off divisions and RA (AKA layoff many veteran IBMers) to fund this crazy buy. That is still ALOT of money! AND Redhat is open source, not cloud, So it is misleading... — read more
An interesting prospect on the RedHat acquisition
Best case scenario is that this turns out to be a reverse merger in disguise. RedHat is allowed to operate independently, and the successful/marketable IBM software is moved underneath their management. The Power, z, and enterprise storage hardware... — read more
Red Hat Merger May Work for Us
If the board has any courage they will do what happened when NeXT and Apple merge - they would let Red Hat executives start running the combined company, this is the only exit out of the death spiral. Frankly, no other options exist for us at IBM and... — read more
IBM to Buy Red Hat for $34 Billion
Whoomp! (There it is) IBM is making a big move to bring more software developers under its corporate wing by acquiring Red Hat, the largest distributor of the popular open source operating system Linux, for $34 billion... — read more
Interesting read: socially-responsible-investing-stakeholder-capitalism
http://fortune.com/2018/10/25/http://fortune.com/2018/10/25/socially-responsible-investing-stakeholder-capitalism/
IBM and Maersk Struggle to Sign Partners to Shipping Blockchain
This is the first sign that Blockchain will be a failure and that the money invested by IBM will be a total loss. It will be interesting to see what happens with Wal-Mart,,, https://www.coindesk.com/ibm-blockchain-maersk-shipping-struggling/
A need to reinvent AI in health care
Just read this article and I found it to be an accurate display of how IBM got it wrong with Watson in health care. Its already costing a company a lot of money, it’s far from any real growth, and it won’t be long before people start losing their... — read more
Post your predictions: # of IBM RAs in 2019
Post your number. The winner takes it all.
How to be prepared to land a new job shortly after being laid off
Most of these things most of us are doing already, but number 3 is something that very few people remember to do, which is a shame, in my opinion: "Turn “Work” Connections Into “Personal” Connections"... — read more
Is AI the future of perfume? IBM is betting on it.
Maybe they've determined a real use for Watson: trying to cover-up the stench. . . https://www.vox.com/the-goods/2018/10/24/18019918/ibm-artificial-intelligence-perfume-symrise-philyra
The way to get IBM back on the right track
I have said this in the past and will summarize again Replace the CEO, board, and at least 1/2 of the executive management team. Aim for 7 layers of management from top to bottom Sell off, IP off, or spin off everything that is non-strategic. I... — read more
IBM Watson's failure resonates
Its interesting that not only is IBM Watson a failure for us, it's now putting a question mark on the entire concept for the rest of the industry. Oh well, I guess if we can't do(have) it, nobody can... — read more
IBM partners with Travelport to launch the first AI platform for travelling management
The new platform that will come out of this partnership , as the article states, will combine Blockchain tech and Travelport’s data, and will have the task to optimize travel programs for companies. Always a good thing to open new markets. There is a... — read more
IBM needs to widen its market
Outside of the classic 200-300 customers (mostly mainframe), IBM is largely irrelevant. Somethings that's a lack of competitive and compelling products (ok a lot of the time), but it's also because the company has exactly zero clue how to scale down... — read more
Former IBMers are prized and valued
There IS life after IBM and you will enjoy not clinching up in anticipation of a dreadful week ahead. My blood pressure is SO much better. I could hear my pulse throbbing. Hopefully you can either retire or find a job where you're appreciated. Former... — read more
Incompetent management
Incompetent management but which is exceptionally skilled at misdirection. They pay for specialists to sprinkle counter-arguments like an earlier one in this page. The rest of the points are in line with countless others that point the finger of... — read more
How many employees does IBM have (as of today, 10/22/2018)
I'd like to contact the admins here and have them update that number of IBM employees they list in the company profile above. Not sure where to find this...
CEO Change (and long time Senior Executives) In to survive long term
https://seekingalpha.com/article/4212181-ibm-ceo-change
IBM’s stock falls to close at early 2016 levels as investors impatient with turnaround
The by-line says it all: "More than 7% drop marks worst day in five years" https://www.marketwatch.com/story/ibms-stock-falls-to-early-2016-levels-as-investors-show-impatience-with-turnaround-2018-10-17 . . . Moffett Nathanson analyst Lisa Ellis, who... — read more