A declining trend in the company’s headcount also continued. In May last year, CRN reported the A/NZ entity employed 5980 employees in 2016, which was down by 1803 staff from prior year’s 7783. In its 2017 report, IBM A/NZ reported employing 4913... — read more 

And the crackdown begins! https://timesofindia.indiatimes.com/business/india-business/startup-visas-work-permits-for-spouses-of-h-1b-visa-holders-to-go/articleshow/63900821.cms?

I think there's only a small cultural bias towards youth and a lot of the age discrimination is an exaggeration. Lots of laid off people I've worked with who had 35+ years under their belt can be entitled and are often cruising by. They're the same... — read more 

They are asking people what accommodation requests they need should they work from an office location. The problem is the communication is really poor - managers are trying to ask these questions without letting the cat out of the bag too soon or... — read more 

I've heard some teams have been told that they will be told to stop working from home and start coming into the office 5 days/week, possibly starting as early as the beginning of May. Rumors about this have kicked around for so long that I had... — read more 

If you are a recent graduate run from IBM, it will not be a good experience. There will be no training, your peers will be over-worked, the client knows that IBM is over-charging for your services and the environment is toxic and sterile. After many... — read more 

I think the most poorly managed section of IBM is GTS. We see a lot of unworthy people in top positions. Employees who doesn't have any skills on the product are hired from bench or other teams. What's worse is they are not even groomed. A few good... — read more 

https://twitter.com/TheLayoff/status/988500627163635713

The new IBM CFO made his plans plain on the earnings call. These are his words. The Z mainframe cycle is coming to an end, as it has run it’s course, and we expect headwinds as the year continues. IBM took a 610 million charge to make their numbers... — read more 

Another big RA in GBS this week, including me (quite surprised), 3 years at IBM the second time around. Also heard many CBD'ers cut, so not sure how pervasive it was, but think significant after another earnings miss this week. Getting 90 days, then... — read more 

Tom Fox: Companies will continue to invest in AI. In every deferred-prosecution agreement there is a requirement companies use evolving international and industry standards. Companies such as Facebook, IBM and others are beginning to incorporate AI... — read more 

6m15s minute video from Vox: https://www.youtube.com/watch?v=e681QNbHloE

So everyone who I spoke with who is getting laid off is in an almost identical position as I am: they are all set for promotion in 3 months, or have just been promoted. We are guessing that they are only getting rid of people who are inline for... — read more 

IBM's professional and ethical demeanor as well as the breadth of offerings ensured that one could get an audience with a company’s CEO. And with so many “solutions” there was always a reason to call on a variety of executives to talk about their... — read more 

https://www.linkedin.com/pulse/evaluating-virginia-romettys-profit-productivity-article-greulich/

Just wanted to start a thread... Chime in if you have any RA news to share... All groups, IBM Software, Global Technology Services (GTS), Global Business Services (GBS), Systems Technology, Retail Solutions, Finance, Integrated Supply Chain... — read more 

VS did not work. So they are moving HARD to cut heads, deep and wide... No expressions of Interest (EOI) submissions have been received and I can confirm to you… that we have not been able to meet our business objectives through the voluntary... — read more 

Every. Single. Year. RAh RAh RAh... And then, 70 Mil pocketed...

Is there a possibility that someone can break the veil of exit agreements that required no legal action (or only via arbitration)? Could this be applied to one who left "voluntarily" after being given an RA notice? Especially given the ProPublica... — read more 

As someone in the under 30 bracket working on a mainframe product, this whole "cut the 'old heads' and replace with new talent" thing is ridiculously stupid. The executives don't seem to realize how much of this just plain isn't taught in schools... — read more 

IBM reduced its workforce by 94 employees in Dubuque in the final 11 months of 2017, according to a report submitted to the City of Dubuque last week. The international tech giant employed 405 workers in Dubuque as of Jan. 1, a drop of 19 percent... — read more 

I’m looking to track anyone impacted by the Canada RA taking place today, April 19, 2018. The people I’ve spoken to do not have fair offers and we are looking to gather more evidence and consider our options. If you wish to share please reach out to... — read more 

Vice President of Worldwide SaaS Sales sents an email to software sales folks: "IBM has 169 SaaS roles to fill with some in almost every GEO and Market. Finding them and referring them to friends is as easy as 1,2,3. Visit the IBM Referrals Tool and... — read more 

I heard that the Mainframe Software manager had to let go 3 head count (she only has a team of 6 or 7) and the Middle Market Analytics manager had to cut 2 people.

Dear Ginni: At IBM only cronies are allowed to walk out of meetings. The rest are under threat of insubordination for speaking their minds. You have unwittingly encouraged bullies over five years, instead of creative thinkers. For a change, why don't... — read more 

I've been in the CBD (Consulting by Degrees) Program for a little over two years now. I am 3 months out from promotion to band 7. I was just informed that I am getting terminated in three months, and will be given one month of severance. I have now... — read more 

The first IBM layoff I was involved with was in 1993. For 25 years IBM has been terrorizing its employees as it wanders aimlessly from one failed idea to the next. 25 years of clueless leadership should be enough. Sack them all and start over.

Eom

The company has had 2 good quarters out of the last 25, and still, it insists on keeping a CEO at the top who has NEVER done anything but SHRINK the company!... — read more 

https://www.theregister.co.uk/2018/04/18/ibm/ IBM is preparing a redundancy chute for the good folk working in its Digital Business Group (DBG), The Register can reveal. Employees in the unit received an email from company execs early last month... — read more 

This is a weak and only weakening story. At $150, IBM stock is more appropriately priced than at $160 and up. But I’m not comfortable buying this name until it dips further, preferably to the sub-$130 range as it did in early 2016. Until then, I... — read more 

The right CEO can make a big difference -- just look at how well Microsoft has done thanks to the successful cultural change managed by Satya Nadella. Until IBM gets a new one, it will lack a sustainable competitive advantage. Avoid this stock... — read more 

We were right to fear the quarterly results. Articles are already announcing layoffs. This announcement follows expectations of layoffs as IBM, under its Chief Executive Ginni Rometty, tries to offset declines from its legacy businesses... — read more 

Time to hang the black bunting. . . https://www.marketwatch.com/story/ibms-stock-tumbles-toward-worst-post-earnings-performance-in-5-years-2018-04-18

The End is nigh. . . https://www.marketwatch.com/story/ibm-stock-slammed-as-analysts-highlight-shrinking-margins-2018-04-18

But several analysts expect the mainframe cycle to tail off by the end of the year, creating a challenge for > IBM to maintain its momentum, especially since hardware sales tend to also have a beneficial effect on revenue in other divisions. Toni... — read more 

Rometty reversed the trend of revenue declines late last year, though that boost wasn’t fueled as much by new businesses as by cyclical demand for more-traditional mainframe computers. Investors are watching closely for gains in newer software and... — read more 

Analysts on the Street are continuing to see through the ruse. . . https://www.marketwatch.com/story/ibm-stock-falls-after-earnings-miss-2018-04-17

Some of today’s numbers were up, but down “adjusted for currency”. So which number is the real one?

IBM's desperate attempts to hide its failing business through accounting magic have come to an end. Today's "Beat" was caught by the markets. Now we know the true purpose of Trump's tax cuts, which was to prop up failing corporations just a bit... — read more