Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

Incoming voluntary departures

One thing I do expect regarding the Dec 15 401k matching date is that soon after we'll see a lot of employee departures. Almost everyone I talk to is sick of the stress and has been looking around. A few have just recently left, 401k match be damned... — read more 

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| 1460 views | | 4 replies (last December 11, 2017)
Post ID: @OP+QnHuOC0

IBM board adds $3 billion to stock buyback program

And the financial engineering juggernaut rolls on. . . https://www.marketwatch.com/story/ibm-board-adds-3-billion-to-stock-buyback-program-2017-10-31-11911810

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| 770 views | | no replies yet
Post ID: @OP+QhmJfbo

IBM another Buffalo Billion letdown

Perhaps IBM should change their business model to just fleecing state and local governments out of incentive monies. http://www.investigativepost.org/2017/11/09/is-ibm-a-buffalo-billion-boondoggle/ . . . The contracted help desk employees still count... — read more 

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| 1070 views | | 2 replies (last November 16, 2017)
Post ID: @OP+QhknzfG

Warren Buffett Trashes IBM Again

Dump it! http://247wallst.com/technology-3/2017/11/15/warren-buffett-trashes-ibm-again/ "IBM has started to look like the next General Electric Co. (NYSE: GE). It is bloated with too many divisions that underperform, and a long-time CEO in Ginni... — read more 

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| 1530 views | | 4 replies (last November 17, 2017)
Post ID: @OP+Qg20ABZ

More contractors cut.

Nov 10th no notice given, at least IBM waited till the end of the day to let them know.

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| 1710 views | | 8 replies (last November 17, 2017)
Post ID: @OP+Qe09dEo

Get Ready for the New Disrupters

"As Iwata summarized their view: 'Culture is the No. 1 impediment … " @Ginni: And just where, pray tell, does the responsibility for creating and fostering that culture start? http://time.com/5006970/get-ready-for-the-new-disrupters/

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| 1185 views | | 1 reply (November 9, 2017)
Post ID: @OP+QaT6N8v

Canadian Layoffs Going as Planned.

IBM Canada continues to target employees with actions ranging from new co-location demands to management 'encouraging' workers to leave on their own volition. At the heart of their problem are Canadian labor laws that require IBM to pay roughly one... — read more 

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| 1910 views | | 7 replies (last November 16, 2017)
Post ID: @OP+Q6DSn4V

IBM plans to split up and sell giant Rochester campus

I'm sure Ginni has offered some sort of package deal that includes a number of employees to be included with the buildings. . . https://www.bizjournals.com/twincities/news/2017/11/03/ibm-plans-to-split-up-and-sell-giant.html

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| 1280 views | | 2 replies (last November 5, 2017)
Post ID: @OP+Q6sWozR

Geographically Undesirable

Some IBM Executive Assistants are being flagged as “Geographically Undesirable” – options offered include moving to a “Desirable” city or joining ManPower as a non-exempt employee and work for ~$30/hour. Not sure if anyone is surprised here but a... — read more 

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| 1743 views | | 1 reply (November 3, 2017)
Post ID: @OP+Q347XuA

International Business Machines Corp. (IBM) Still Flawed

"My other problem involves its financial management. IBM is more interested in extracting profit, and maintaining its dividend, than in growing. It has been shrinking ever since Virginia Rometty became CEO in 2012. This was once a $100 billion sales... — read more 

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| 1010 views | | 1 reply (November 3, 2017)
Post ID: @OP+Q3ycdtc

Go on IBMers, tell us what you really think

http://www.theregister.co.uk/2017/10/26/ibm_2017_employee_engagement_pulse/ 2017 employee survey asks workers to describe IBM in three words Business Go on IBMers, tell us what you really think 2017 employee survey asks workers to describe IBM in... — read more 

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| 1860 views | | 9 replies (last November 10, 2017)
Post ID: @OP+Q2FkSc2

If you got the letter on Friday then be ready

So if you got the letter on Friday from HR. Then let me tell you your manager will lie about it to you just understand that IBM is making changes and all will become on the list. Deployment software sales is first to go.

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| 2100 views | | 5 replies (last November 10, 2017)
Post ID: @OP+Q03C1Ju

Holding vacation pay

Times must really be bad there. I quit IBM a month ago and still waiting on my payment of unused vacation. I call the employee service center but they can't help. They claim it needs to be addressed my management. First and second line management not... — read more 

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| 1720 views | | 2 replies (last November 3, 2017)
Post ID: @OP+PUyFkgY

New RA Package?

I'm hearing rumors that IBM has now reduced the RA package to just two weeks notice and 30 days severance for everyone, not just those on a PIP. Has anyone else heard this?

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| 2560 views | | 11 replies (last October 31, 2017)
Post ID: @OP+PU5Telt

Secular Stagnation (Or Corporate Suicide?)

Lengthy but fascinating read. Some pertinent excerpts pertaining to IBM are below the link. https://ruayres.wordpress.com/2017/07/11/secular-stagnation-or-corporate-suicide/ "Later in this paper we show that the more the company spends on buybacks... — read more 

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| 1101 views | | no replies yet
Post ID: @OP+PUhkaS8

Stockman mentions IBM, jobs unlikely to return to US

The brilliant and entertaining David Stockman mentions IBM, in particular its 11% effective income tax rate (which saved IBM's 3Q report from being a complete disaster) and its huge hiring in India. https://www.youtube.com/watch?v=FsWuWcgZmEA Trump's... — read more 

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| 1170 views | | 2 replies (last November 24, 2017)
Post ID: @OP+PSD8QSY

IBmers... think like Vikings

The latest from an IBM executive... what does that mean? oh, I know... we should start terrorizing the execs so may be they leave the company! http://fortune.com/2017/10/17/ibm-vikings-disruption-at-work/

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| 1410 views | | 2 replies (last October 18, 2017)
Post ID: @OP+POwLfYp

Got the call /email Thursday

Talk about being managed out of the business. 14 years almost to the day. Mostly SWG over the years but was moved to storage two years ago. Not a shock at all , it truly was a matter of time. NO WAY to meet objectives. No need to go into all the... — read more 

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| 1732 views | | 1 reply (October 16, 2017)
Post ID: @OP+PMoNDmA

Distribution software sales Next On The Lay Off

Distribution software sales this should be the next The BUE and the first line managers are some of the worst that IBM Have. North America distribution and software and their sales group are a waste of time and money for IBM . What are they do pretty... — read more 

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| 1600 views | | 1 reply (October 12, 2017)
Post ID: @OP+PIht8vh

Big layoffs today and technical software sales

Big layoffs today and technical software salesRumor has it that there’s a big layoff and technical software sales I hope they get rid of all the first-line managers first

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| 1710 views | | 2 replies (last October 14, 2017)
Post ID: @OP+PIqYMdl

I ask this question to all IBM VPS

Why is it that IBM loses money every quarter because they pay out more than they take in . I asked why you have first-line managers and team members that live on the West Coast but 90% of their accounts are on the East Coast ? Question why not use... — read more 

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| 1177 views | | 1 reply (October 16, 2017)
Post ID: @OP+PIcl2jj

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