Was RA'd in June had a job lined up making more money in no time. Two days after the conf call from some guy in India letting me know I was being RA'd my job was posted in another country. All I can say is get your resume ready and prepare to be... — read more
Watson cloud taking a 33% hit today
Updates in this thread on areas getting hit & where the work is moving to. https://www.reddit.com/r/IBM/comments/6uax67/watson_cloud_taking_a_33_hit_today/
Nobody is Immune
No division nor GEO is immune nowadays. Its widespread, Cloud is being hit (see above link) Commerce/Cognitive... etc. As far as GEOs go its the same story with a larger concentration in the US to trim down all teams, get rid of tenured IBMers 10+... — read more
There are good managers left at IBM
There are good managers left, but they go through hell trying to do what IBM tells them without losing their soul. The terrible ones don't have that problem so they succeed and advance. To be a successful IBM manager in 2017 you have to be willing to... — read more
What slowdown? MNC tech firms are hiring thousands
Other major hirers include IBM (675 open positions), Perfect. . . http://timesofindia.indiatimes.com/india/tech-mncs-continue-to-hire-thousands-in-india/articleshow/60095641.cms
IBM is f---ing up - It's not a good services/software company.
IBM should learn from Lucent, you cant transition from a manufacturer into a services company. Keep on selling off the hardware business that got you in the door at most customers, and soon you wont have any customers. IBM services are sh--, and all... — read more
Long-standing Crony Network has to go
You watch ridiculous decisions made by "clueless executives" Ginni may be replaced by another tough-talking but otherwise clueless INSIDER who will make Ginni look like a star. Missing a fire-and-fury story for the press to expose this long-standing... — read more
And so it begins again .. RA Nov 15th last day
30 days severance right before the Dec 401K matching funds ... not surprising ...
Warren Buffett’s Had It With These Stocks!
"Billionaire investor Warren Buffett's Berkshire Hathaway invests over $100 billion in individual stocks, and while Buffett's renowned for his patience, it appears he's pretty unhappy about the performance of IBM (NYSE:IBM) and General Electric... — read more
(Why Annual Layoffs) - Study - Severe Health Impact Assessment of the Layoff on the Worker
https://www.scribd.com/book/356490173/Layoff-and-Bumping-Process-Ohio-HIA-Health-Impact-Assessment-of-the-Layoff-and-Bumping-Process
I Have a First line manager that thinks she Gods gift to IBM
First offI just got her as my first line manager she is not professional at all she thinks that she knows all. But some days every time I try to bee proactive she has other ideas. But on our team calls she just talks about how she wants it but the... — read more
Planning sessions a wast of money and time
IBM can't understand why? It's not making money well let's start by the so called people that just travel to state two states for so called planning sessions all it is a waste. They do nothing but meet up talk stay in hotel and party up there... — read more
IBM Shares Down 14% in 2017, While Amazon’s Rise 31%
http://247wallst.com/technology-3/2017/08/15/ibm-shares-down-14-in-2017-while-amazons-rise-31/ Granted, both IBM and Amazon are in other businesses. IBM sells hardware, software and consulting and financial services. At the same time, IBM promotes... — read more
Did any other here that Walmart was dumping IBM
it a problem that Technical software is not making any sense. It's losing revenue and most do nothing but travel to waste time and money. There's to many IBMS. So you wander why IBM IS not making the new revenue because most accounts do not record... — read more
IBM has been failing for years
No one I know at IBM has been on a successful project for the past 5 years. New hires joke that we don't actually have customers. Revenues from various groups are being cannibalized by new groups within the 'strategic initiatives' to boost their YOY... — read more
Truven Layoffs (RTP)
A couple weeks old, but very informative article on Truven Layoffs (by WRAL) Watson Health, one of IBM's bests for the future of the tech giant on cognitive computing and artificial intelligence, is laying off workers in its Watson health group... — read more
IBM Resource Action 2018
I will be the first one to start it – let’s talk about IBM Resource Action for 2018. I know that there are some rumors already floating around, but let’s consolidate things in this thread. In short I’d like to address the following: Timing of... — read more
U.S. Stock Buybacks Are Plunging
Well, they may not be plunging at all U.S. companies. . . https://www.bloomberg.com/news/articles/2017-08-14/corporate-america-isn-t-buying-back-shares-the-way-it-used-to U.S. stocks have been able to hit fresh highs this year despite a dearth of... — read more
Why Everyone Is Hating on IBM Watson—Including the People Who Helped Make It
"Amazon, Apple, Facebook, Google, and Microsoft are all retooling their businesses around the belief that AI and machine learning are the future of the tech industry. IBM is in a more vulnerable position than all those companies. Even though IBM was... — read more
RAISE Act may result in cost rise for IT firms
"If implemented, RAISE Act can also potentially increase the cost of employing an Indian software engineer in the US for both Indian and their global counterparts such as Accenture, IBM and others." Well, we all know IBM has a sure-fire counter for... — read more
Is IBM's 4.2% Dividend Yield Killing Strategic Imperatives?
Fishy indeed. "To paint a darker picture, it seems like dividend growth is being used to blind investors; growth in dividends feels a lot like growth in the business. That's often true because dividends mirror business health and growth. Here we have... — read more
Popular division rumor has it they're selling the software division
As we all know Mass layoff is the is the song for division really making money or losing money
It just keeps getting better
IBM has apparently decided that their problem isn't substance, it's image. They have created the role of Chief Brand Officer to convince us that we aren't seeing what we're actually seeing. From the article: "Iwata, who started in the role on August... — read more
IBM Cloud turns TLS 1.0 off and then turns it on again
Big Blue wants to be a cloud player, right? And they do this kind of crap? https://www.theregister.co.uk/2017/08/10/ibm_cloud_turns_tls_10_off_and_then_turns_it_on_again/
Former IBM Cloud CIO sued for violating non-compete agreement, taking AWS job
So we now know what was behind Jeff Smith's sudden hush-hush departure! Hilarious! http://www.datacenterdynamics.com/content-tracks/colo-cloud/former-ibm-cloud-cio-sued-for-violating-non-compete-agreement-taking-aws-job/98759.article IBM has filed a... — read more
IBM IN PANIC
there is panic in armonk. the divs like finance and gts that they wanted to pawn off, needed to conflate this qtrs rev numbers, have no buyers. ginni is obsessed with salvaging her legacy - to no avail. bye.
Judge: IBM owes Indiana $78M for failed welfare automation
https://finance.yahoo.com/news/judge-ibm-owes-indiana-78m-failed-welfare-automation-134550977--finance.html INDIANAPOLIS (AP) — IBM owes Indiana $78 million in damages stemming from the company's failed effort to automate much of the state's welfare... — read more
The 5 Candidates Most Likely to Replace IBM CEO Rometty
The more talk in this direction, the better! http://247wallst.com/technology-3/2017/08/07/the-5-candidates-most-likely-to-replace-ibm-ceo-rometty/ The turnaround at International Business Machines Corp. (NYSE: IBM) led by “Ginni” Rometty, who took... — read more
You’re Fired! No, Wait, Please Keep Working
"Everyone knows about the increase in hiring in the U.S., but American workers are getting laid off less too" Really? Perhaps the journalist overlooked IBM for this article?... — read more
JOB OFFER / HIRING FREEZE
It has been almost a year since I first applied for a position that's a 100% match with my skillset... I've worked three fairly short term contracts since then and I really do not want to do yet another one. Do you know if they have an intention of... — read more
Co-location issue
Co-location is sending waves through Cloud division - must move 50 miles from major sites - NY, San Francisco, Austin, RTP, Littleton, Atlanta. No details about when or where for each team; also most of these sites are in high/very high real estate... — read more
330 GB-ers IBM cartidge...
Kudos for the team... https://www.theverge.com/2017/8/2/16074568/ibm-330-terabytes-record-uncompressed-data-cartridge-cartridge-tape
Fear of China’s Retaliation Hinders U.S. in Trade Dispute
"International Business Machines Corp., which has licensed semiconductor technology to Chinese firms, has taken a softer line. Chris Padilla, an IBM vice president, said in May that while the U.S. should insist on a principle of reciprocity when it... — read more
Weather.com has been "blue-dipped"....
Is it me, or, has weather.com become almost useless in the last year?
Fifty years in, IBM is still shaping Austin’s tech sector
I'm sure Ginni will be able to easily pare that back to 500 employees very soon, or even zero, so as not to achieve a 51st year. "IBM’s Austin workforce grew from 500 people working at a typewriter plant in 1967 to an estimated 6,000 today."... — read more
Reports: IBM layoffs hit Watson Truven Health group, including RTP
http://wraltechwire.com/reports-ibm-layoffs-hit-watson-truven-health-group-including-rtp-/16850624/ Research Triangle Park, N.C. — IBM Watson employees at various locations around the country found out Friday night they are losing their jobs. Watson... — read more
IBM Cloud Contractors
A bunch of contractors in Cloud were let go also. Is this company-wide? These were not former IBMers that came back as contractors - seems like it is every contractor. No consideration of whether they were essential - 1st and 2nd line managers had no... — read more
Happy birthday Ginni
Well she turned 60 today. Will she retire on Monday? One can only hope.
Watson Health laid off contractors
Truven Health, a part of Watson Health just laid off 2/3's of it's contract workforce. Contract recruiters were told to hold off until 5:00 on Friday to inform their workers. These were contractors who were promised to become FTEs in 6 months when... — read more