Fur sure either IBM provides adjusted guidance on their 2017 EPS or they don't & they just wind-up RA'g everybody to achieve it. "THE SECOND HALF: IBM’s first-quarter results threw its full-year adjusted earnings forecast of $13.80 per share into... — read more
IBM Set To Report Earnings As Analysts Grow Weary Of Transition
"'The narrative is becoming tedious — a lot of investments in next-gen tech but with little revenue impact and with increasing dependence on cost takeouts or below-the-line items to manage (earnings per share),' Barclays analyst Mark Moskowitz said... — read more
International Business Machines Corp. (IBM) Stock Does Not Look Good
"Investors should stay away of IBM stock." http://investorplace.com/2017/07/international-business-machines-corp-ibm-stock-not-good/view-all/ IBM stock isn't cheap, and it isn't a growth story -- that's a deadly combo
U.S. Companies Have a New 401(k) Fix: Spend More
In IBM's case, they don't even want the older, relatively expensive workers to retire on time, they want want them gone long before they get anywhere near being older & relatively more experienced. "Here’s why this is happening: Some companies in... — read more
How Long Can Tax Tricks Keep Supporting IBM's Earnings?
Without a sustainable lever of tax rate manipulation and one-time boosters, like IP sales, then there's really only one other lever remaining. . ... — read more
IBM To North American Employees: To Keep Your Job, Move To India (IBM)
http://www.businessinsider.com/2009/2/ibm-to-north-american-employees-to-keep-your-job-move-to-india-ibm Recent announcements of mass layoffs have created new scrutiny around the H-1B visa program, which brings foreign tech workers (mostly from... — read more
IBM to Report Q2 Earnings: Disappointment in Store? (Answer: Yes)
"Zacks Rank: IBM carries a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is seeing negative estimate revisions."... — read more
Jefferies gives IBM Watson a Wall Street reality check
https://techcrunch.com/2017/07/13/jefferies-gives-ibm-watson-a-wall-street-reality-check/ IBM’s Watson unit is receiving heat today in the form of a scathing equity research report from Jefferies’ James Kisner. The group believes that IBM’s... — read more
IBM takes out full-page ads, sends top execs to lobby against bathroom bill
"IBM will also send 20 employees, including top executives like Senior Vice President for Human Resources Diane Gherson and Chief Diversity Officer Lindsay-Rae McIntyre, to the Capitol on Tuesday to express their opposition to the bills in person."... — read more
Is IBM's Watson Overhyped & Soon to Be Outdone?
http://www.lightreading.com/artificial-intelligence-machine-learning/is-ibms-watson-overhyped-and-soon-to-be-outdone-/d/d-id/734540 IBM Watson may be the first name that comes to mind when you think artificial intelligence, ever since it beat out a... — read more
Previewing IBM's Q2 Earnings: Key Questions Remain For 2H'17
A dire forecast indeed. . . "Pushing Into The Second Half Management had guided 'well below' consensus EPS for Q2 and Sacconaghi expects EPS guidance of 'at least' $13.80 for the year to remain unchanged. 'That said, we think IBM's EPS guidance for... — read more
Could IBM Finally See Growth in Fiscal 2Q17? (Answer: no)
A grim forecast for sure. . . "No revenue growth The above graph shows that, in the last ten quarters, IBM has not once managed to meet or beat analysts’ expectations. In fiscal 1Q17, IBM reported revenue of ~$18.2 billion and non-GAAP EPS of $2.38... — read more
The perfect metaphor for Big Blue's last 20 years
Hilarious! Especially the audio of the first 5s. and at the ~40s. mark! https://www.youtube.com/watch?v=-q5CqgE5cNQ
IBM Revamps Computer Network Unit Around Watson Artificial Intelligence
Move comes a year after layoffs at company's technology services group Hmmmmm. . .didn't Ginni just recently tout in an interview with Cramer that the goal for Watson would be mostly just augmenting human workloads, not actually outright replacing a... — read more
Can somebody confirm this?
Prep for RAs has started with a new colocation phase. Now home office employees in the U.S. within 50 miles of an IBM office are being told to shut down their home offices and start reporting to the nearest IBM office or mobility location as of 7/18... — read more
Why Jefferies Is Taking a Backseat on IBM
International Business Machines Corp. (NYSE: IBM) has struggled for year to get out of what some analysts have called a value trap. However, Big Blue hasn’t made the headway it needs so far in 2017. As a result, one analyst is slashing its target for... — read more
Gearboxed - Urban Dictionary ... how ironic
Gearboxed To be sold a promise, concept or ideal only to find you have been deliberately lied to or misled. Still wondering when we will be on the RA'd list ... possibly after earnings release on July 18th .. Any thoughts from anyone out there ?
Can we get back to innovating?
What's point of this? The future of technology is beyond IBM reach long ago. Even before I was co-located out, though I was consistently rated 1 and 2+ every year, in Development we are borrowing other people stuffs, such as from Google, instead... — read more
Sign-it: IBMers against Colocation, Ageism & Low Morale
[Corrected Link below[ Your support is welcome. This letter is a constructive way to engage & participate. It will NOT be delivered to Ginni to preserve confidentiality of signatories. IBM external relations & PR is actively monitoring. Please make... — read more
IBM New Collar Jobs
Isn't this inherently discriminatory by targeting a specific demographic of candidates? http://www-03.ibm.com/employment/us/new_collar.shtml
Warren Buffett on the Economic Moat
Yeah, this is one of many mistakes IBM has (and continues to. . .) made. "Companies that have low margins and high capital spending requirements will never be able to maintain the same kind of moat. Further, poor capital allocation decisions by... — read more
Ageism is alive and well
Complicating the problem, older workers are also outnumbered in the workplace. There are 89 million millennials (roughly between 1981 and 1996) and 75 million boomers (born between 1946 and 1964) in the U.S., compared with just 49 million Gen Xers... — read more
Is IBM Watson A 'Joke'?
As the M.D. Anderson fiasco illustrates, IBM fell into the trap of over-promising and under-delivering. “IBM claimed in 2013 that ‘a new era of computing has emerged’ and gave Forbes the impression that Watson ‘now tackles clinical trials’ and would... — read more
Have You Left IBM in the Past Few Years? We Want to Hear From You
https://www.propublica.org/getinvolved/item/left-ibm-layoffs-retirements For much of the past decade, IBM, once America’s premier technology company, has been scrambling to find its place in a world upended by newcomers such as Google, Amazon and... — read more
Dow Jones Stocks at Risk: IBM
One can hear Chopin's funeral march in the background. http://investorplace.com/2017/07/3-dow-jones-stocks-at-risk-right-now-cvx-ge-ibm/4/
Automation is the future in IBM
Think about what I am sharing now. The future will be the automation and all the admins will be let go. IBM will not work anymore as it was done in the past with very good and skilled admins. Everything will be done by automata on IP Center and other... — read more
Time to move on
It's time to cut your losses at IBM and work for a forward-moving company. IBM once offered a lot of promise to new employees who saw a bright career ahead with Big Blue. But the company is a shell of its former self and the dire situation will... — read more
IBM Buyers' Strike Predicts a Rough Quarter
Get ready. . . The stock bottomed out near $150 on May 10 but has failed to gain ground in the past two months, despite a historic tech rally that has lifted many components to all-time highs. IBM stock has also failed to trade back into the broken... — read more
Mindless shuffling, redux
Lots of new re-organization going on now in IBM. Cloud, Watson, Analytics all merging into one org. Of course, this is likely in order to severely reduce headcount after the black-out period ends when 2Q results are announced on July 18. Yet another... — read more
The Angst of Endangered CEOs: ‘How Much Time Do I Have?’
Can someone please bring this to the awareness of IBM's BOD, please? *Some CEOs Mr. George speaks with, he said, are asking themselves “How much time do I have?” Corporate boards increasingly reply: Not much. “In boardrooms, sentimentality is... — read more
Gearboxed Foes
For all folks that are not in the loop, here is a bit of info. I’ve seen some posts here on layoffs.com about being gearboxed but I am seeing some questions too. I have been gearboxed so I can talk about this – there is a large group of us that have... — read more
IBM Petition Delivered to Ginni: Restore Trust & Equity to Support IBM Families & Communities
Ms. Ginni Rometty Chairman to deliver sustainable long-term shareholder value; to recruit and retain top talent; and to promote high-value job growth in the geographies where IBM operates. Many loyal current and former IBMers share concerns with... — read more
Wall Street Investors Show More Displeasure With Company Boards
Unfortunately, don't see IBM specifically listed in this article, but perhaps they're just rolled-in to the overall figures. https://www.bloomberg.com/news/articles/2017-07-03/wall-street-investors-show-more-displeasure-with-company-boards Directors... — read more
Microsoft's Mother of All Sales Layoffs Begins Today
They are about to annihilate their sales group - things are moving to the cloud - Microsoft has always followed in IBM's footsteps ... from behemoth to monopoly to not-cool-anymore to a services company ... It's getting really interesting, but it's a... — read more
will ibm trade 100 next recession
https://seekingalpha.com/article/4085521-will-ibm-trade-100-next-recession Given IBM’s trailing four quarter sales of $79.3 billion and cash flow of $15.3 billion, we get a projected recession low valuation of $80 to $100 billion for market... — read more
"Digital Natives" vs. "Digital Immigrants"
The hard truths of navigating ageism in IT http://www.cio.com/article/3198472/careers-staffing/the-hard-truths-of-navigating-ageism-in-it.html speaks about the notion of "Digital Natives" meaning typically younger employees who grew up with digital... — read more
IBM: Restore Trust & Equity to Support IBM Families & Communities
https://www.change.org/p/ginni-rometty-ibm-restore-trust-equity-to-support-ibm-families-communities From a group of IBM employees with link to sign open letter. Summary and Purpose of Our Open Letter This Open Letter is long, but its message is... — read more
This chart shows how painful the shift to cloud computing is for IBM and Oracle
http://www.businessinsider.com/ibm-and-oracle-may-be-the-biggest-losers-when-it-comes-to-shifts-in-it-spending-2017-6 As more and more companies transition to the cloud, Oracle and IBM may find themselves in a fight for the bottom. The two technology... — read more
Certent Acquires IBM Cognos Disclosure Management and Clarity 7 Solutions and Enters into Reseller Agreement with IBM
So the divestitures are beginning in software products. http://www.marketwatch.com/story/certent-acquires-ibm-cognos-disclosure-management-and-clarity-7-solutions-and-enters-into-reseller-agreement-with-ibm-2017-06-30
A New Kind of Tech Job Emphasizes Skills, Not a College Degree
So, it's tough to argue with the positivity of bringing jobs to a depressed region that sorely needs some uplift. But the article makes no mention of what, if any, tax breaks IBM may have negotiated with the State in exchange for bringing their... — read more