I received confirmation (off the record) today that a cut is in the works, from someone at the Director level, but no other info as far as timing or package details. Sounds like soon though, so probably the usual January RA. I wonder if it's 3 months... — read more
Judge orders IBM to post $25M bond in Indiana welfare case
"The judge said in Tuesday's order that IBM had argued that its 'financial strength proves that it will have the means to pay' about $90 million — the amount the award is expected to grow to, with interest, over the two years its appeal will likely... — read more
IBM sues Expedia over patents made in 1980s
Trollin', trollin', trollin'! https://www.cbronline.com/news/ibm-sues-expedia-patents-1980s . . . IBM’s lawsuit against Expedia was filed in US District Court in Delaware just a week ago and came a day after the technology giant settled a similar... — read more
Worst management ever
Worst management ever. Worse than the time with Akers. Lower level management is pitiful, unqualified, no leadership skills, dumbfounded, don't have a clue about IBM's own personnel policies, can't provide career or skills advice to its own people... — read more
IBM's Recruiting Style
I remember a talk back when I was at the UW — a representative from IBM came and gave an info session to about 100 students from comp-sci and comp-e. We were all ears. I distinctly remember that the rep talked to us for about an hour, and that for at... — read more
UK GTS and Cloud
Rumour is UK is going to be hit once again in GTS and Cloud platforms.
India has received 2.3 million H1Bs in the last 10 years with 300K visas just in 2017
http://www.firstpost.com/world/h1b-extensions-on-the-chopping-block-4282721.html Over the last 10 years - from 2007 to 2017, Indians have taken the lion’s share of H1B visa approvals every single year followed by China in second place and Canada... — read more
IT firm formed carel to limit salaries Ex infosys board member claims
IT firm formed carel to limit salaries Ex infosys board member claims http://www.businesstoday.in/current/economy-politics/it-companies-cartel-keep-entry-level-salary-low-mohandas-pai/story/266846.html h1 b used for exploitative employment
What a loss
Most here are probably too young or too short of tenure to remember how great and respected a company IBM was up through the 1980's and early 90's. Introducing oneself as an IBM'er and showing your ID card at any security desk was rewarded with... — read more
The Worst 5 DJIA Stocks of 2017
Good work, Ginni! Hopefully another well-deserved bonus is coming your way! http://247wallst.com/investing/2017/12/30/the-worst-5-djia-stocks-of-2017/ "Only five stocks among the 30 that make up the Dow Jones Industrial Average (DJIA) closed out 2017... — read more
20 Worst CEOs in America 2017
http://247wallst.com/special-report/2017/12/26/worst-ceos-in-america-2017/2/ Ginni Rometty Company: International Business Machines Inc. Industry: Technology Tenure: January 2012 to present YTD share price change: -8.0% The majority of America’s... — read more
No any rumor about Ginni's resignation as CEO?
She has ruled IBM for 5 years and been 60 years old.
Meet the Preliminary Dogs of the Dow for 2018
Happy New Year! At least Big Bleu is near the top of some list. . . http://247wallst.com/investing/2017/12/26/meet-the-preliminary-dogs-of-the-dow-for-2018/ "2. IBM Yield: 3.93% International Business Machines Corp. (NYSE: IBM) remains stuck in the... — read more
H1B Visa fraud, this is just the tip of the iceberg
www.washingtonpost.com/local/public-safety/va-man-behind-20-million-visa-fraud-faces-deportation-after-prison-sentence/2017/12/22/61007138-e729-11e7-833f-155031558ff4_story.html?utm_term=.422be19975b0
Old or new news about Watson ....it's all hype.
https://which-50.com/cover-story-watson-cancer-story-ibm-doesnt-talk/O https://www.beckershospitalreview.com/healthcare-information-technology/5-things-to-know-about-the-md-anderson-ibm-watson-breakup.html https://www.medscape.com/viewarticle/876070o
IBM Unveils Futuristic New Growth Driver
Perhaps the author of this article should layoff the eggnog. https://www.fool.com/investing/2017/12/23/ibm-unveils-futuristic-new-growth-driver.aspx "IBM CEO Ginni Rometty is also paring overhead. Though its spending was flat last quarter, her... — read more
IBM is about to be split into two pieces
I believe you are about to see IBM split into two pieces. Strategic initiatives, and everything else. Both pieces will be marketed separately and eventually they will be sold off. Strategic initiatives will include all of the strategic initiatives... — read more
Emough
The quality of this site is gone. Clean it up or take it down.
What no bonus from IBM?
Whats she waiting for?
Corporations get big tax break.
More corporate money means more MERGERS. MERGERS mean layoffs to eliminate duplicate jobs.
IBM Blue Points
I have about 500 Blue Points, not sure what to do with it? Does TheLayoff have any suggestions?
These companies will take a huge profit hit from lower tax rates
IBM's #8 on that list of potentially most impacted corporations. But there's no way Ginni will allow this to happen. I wonder what sort(s) of actions she'll have to take to prevent it? [HINT: We all know. . .]... — read more
Why Cash Returning From Overseas Isn’t Likely to Create Jobs—and Might Even Reduce Them
So we all know what to expect. . . https://www.wsj.com/articles/how-would-companies-deploy-repatriated-cash-under-tax-bill-1513429201 Firms spent 94 cents of every dollar from 2004 tax holiday on share buybacks and dividends: study By: Jonathan D... — read more
IBM Ranked #1
https://justcapital.com/2017-rankings/?industry=computer-services JUST Capital’s rankings serve as a report card for corporate America, providing unbiased data on how the largest U.S. companies perform on the issues Americans prioritize
What It Would Take to Sell IBM
The blueprint is laid-out, although I'm sure Ginni & the C-Suite have been aware of this plan for awhile. . . https://investorplace.com/2017/12/what-it-would-take-to-sell-ibm/ . . . The best way to sell IBM, then, would be in pieces, through a... — read more
IBM to expunge over 500 people in latest redundo round
Seems the only one safe from RA is the headsman. . . https://www.theregister.co.uk/2017/12/11/ibm_to_expunge_over_500_people_in_latest_redundo_round/
Cost-hurling IBM seeks more volunteers for employment bonfire
https://www.theregister.co.uk/2017/12/08/ibm_isd_voluntary_redundancies/ IS Delivery gets the memo now too, 1,000+ heads at risk – sources It wasn't only staff in IBM's Technical Services Support (TSS) unit that this week received the memo urging... — read more
The Companies Offshoring Jobs at a Record Pace Under Trump
https://www.cheatsheet.com/money-career/the-companies-offshoring-jobs-at-a-record-pace-under-trump.html/?ref=YF&yptr=yahoo&hl=1&noRedirect=1 They must not have counted contractors let go IBM Trump administration contracts: $1.55 billion Outsourced... — read more
The 250 Most Effectively Managed U.S. Companies—and How They Got That Way
Surely this must be a satirical piece. https://www.wsj.com/articles/the-most-effectively-managed-u-s-companiesand-how-they-got-that-way-1512482887 "Tech behemoths International Business Machines Corp., Microsoft Corp. MSFT and Cisco Systems Inc. and... — read more
Taking a sledgehammer to the IBM service model
"McDonald began the journey in Austin at IBM’s design centre. He said that he: ' hired a team of design experts from Phil Gilberts organisation and asked that they only be people who are Gen X or Millenials because I wanted to design it for the... — read more
Don’t Believe in Overvalued IBM Stock’s Transformation
"If you put money into stock of IBM (NYSE:IBM) five years ago, you’re down about 20%. But you have gotten about half that back in dividends. Unless you think of IBM stock as a bond, whose principal declines as interest is paid out, that’s not a good... — read more
The open door process
The open door process is a complete joke. Don't waste your time. I went through it and I had a slam-dunk case against a superior (executive) that threatened me (voice and via email) career-wise if I didn't lie about something and then actually... — read more
Countdown until IBM employees.....
Figure out we're in a recession. How many thousands have to lose their jobs before it dawns on you that all is not well in La-la-land? "But the stock market is at all time highs and the talking head on my TV set said the economy is doing awesome!"... — read more
Jingle bells, IBM tells more staff it is D-day. TSS workers get THE memo, enter redundancy talks AGAIN
https://www.theregister.co.uk/2017/11/29/ibm_tss_staff_face_job_cuts/ BM's Technology Support Services (TSS) teamsters in the Global Technology Services (GTS) UK division are braced for further job cuts as they enter yet another redundancy... — read more
IBM server responsible for Macy's Black Friday credit card issues, analysts say
Another black mark for Big Bleu. https://www.marketwatch.com/story/ibm-server-responsible-for-macys-black-friday-credit-card-issues-analyst-says-2017-11-29
IBM does what IBM does best: Raises the chopper again
http://www.theregister.co.uk/2017/11/28/ibm_gts_redundancies/ Exclusive With the wider ambition to base eight in 10 services personnel to lower-cost wage locations, IBM has commenced the latest job-cutting process in the UK and Ireland. Big Blue... — read more
Appealing Separation at IBM
I was recently terminated by IBM after a report was filed that led to my separation immediately from the company. Does anyone know if there's a reliable appeals process or anything at all I could do to help save my job?
Amid shortage, firms train own workers
"Last month, IBM enrolled its first U.S.-based group of seven apprentices working at the company's sprawling North Carolina campus. All will spend a year learning software engineering, including working in teams on actual tasks IBM needs to be... — read more