Coming out of forced retirement to ask, has IBM managed to lay off its way to profitability? That seems to be the only consistent strategy this leadership has been able to think of and implement in the past ten years, so I'm really curious if it's... — read more 

Heard RA is impacting c&c too, hybrid cloud, data, security, what’s gtm model look like next year for software. Back to geo based portfolio based?? Any insights??

Like the man who uses his house for wood to heat his house, IBM seems to be eating itself to keep itself alive. This cartoon below is so on target about IBM and its precarious predicament. IBM is so out of position for the new world of cloud and so... — read more 

May be as large as 20-30%. I was informed this morning that I am affected.

Having a process in place to make that decision will help you make one in line with your financial goals.... https://www.twincities.com/2020/11/14/your-money-should-your-layoff-become-your-retirement/

My manager told me today that there’s an RA that will come out soon in news. Any one have any insight on which BUs?

Is it just me or are most IBM employees just dogging it until they get laid off? I know I am.

IBM is showing you their future endeavors Enterprise engagements Everything else goes https://finance.yahoo.com/news/ibm-acquire-sap-consulting-partner-130000863.html

I recently interviewed for a job for which I was very well qualified. There were multiple interviewers, and one of them happened to be an ex IBM employee. This person clearly had a beef with IBM. Obviously, she had been laid off in the past. Her body... — read more 

https://247wallst.com/technology-3/2020/11/10/nothing-can-help-ibm-dig-out-of-its-problems/

Future of digital sales?? Cover more enterprise accounts(remove more field sellers - everyone is digital now) or move more business to ecosystem business partners? We see this coming from WW C&C GM.

Big Blue said that the old facilities had become "unsuitable for upgrading." Just like IBM's old employees: "unsuitable for upgrading." https://www.datacenterdynamics.com/en/news/ibm-close-data-centers-dallas-melbourne-and-houston/

Here in the United States, do you have job security until next March?

Happy Christmas! https://www.theregister.com/2020/11/12/hohoheave_ho_ibm_warn_global/

Just received this in the UK Cloud and Cognitive Software team. Invite for a call at 4pm. Expecting layoffs. Will keep you posted.

Dear friends, we just all received a VOLUNTARY offer to leave the company which expires in 4 weeks. The reason for this voluntary basis is that by virtue of a national decree ALL mass layoffs are frozen until March 21st 2021 due to the COVID... — read more 

Dear friend, Deep Throat here again. Some time has passed since my last correspondence (https://www.thelayoff.com/t/17rD5xvj) so I thought I would deliver some new insights. This time to focus on; Products remain/go. People, RA’s, Band AA churn, and... — read more 

IBM has trimmed its older businesses over the years to focus on the cloud, in an attempt to make up for slowing software sales and seasonal demand for its mainframe servers. And expect the trimming to accelerate and increase in volume, along... — read more 

Today in an interview with Jon Fortt at the CNBC Evolve summit, IBM CEO Arvind Krishna made it clear that his whole focus is going to be on transforming his organization into a hybrid cloud management vendor moving forward. That... — read more 

AK wasting no time cozying-up to POTUS-elect. . . https://www.ibm.com/blogs/policy/ibm-ceo-letter-to-president-elect-biden/

While exciting, IBM's quantum computing initiatives must be considered in context: no practical quantum computing systems exist today. I model a market... — read more 

Just publicly announced. Blames Covid-19 and Newco preps. Effective january '21.

Hi, has anyone tried to move from GTS (newco) to IBM after the NewCo announcement? They say there is a 60 days freeze and all moves have to go via some approval process... I'm thinking if they don't approve, I'll become a sitting duck.

I've been reading on this thread about how sales people are getting PIPs, performance improvement plans, which is totally a way to avoid saying they're doing "layoffs." They can say its performance based not cutting back work force. I'm in cloud data... — read more 

Beyond the rethoric of protecting diversity (just of the protected board, BOD & C.) inside this hypocrict firm which full his mouth of the sweet peace and love propaganda of we are all friends but none is equal to them, we are thrown out with... — read more 

Anyone heard officially if seniority is carried over to the new company?!?

It's happened to many a powerful company before. They miss a few product cycles. They miss an industry transition and all of a sudden they become a slow motion train wreck. Nokia did this when they missed the smart phone revolution. RIM/Blackberry... — read more 

[ English translation below of article from this original post: @kwv+17Fzgcf4 ] https://www.golem.de/news/aufspaltung-ibm-will-in-deutschland-wieder-massenhaft-stellen-abbauen-2010-151815.html IBM Germany plans to cut more than 2,300 jobs in... — read more 

Bottom Line Presently, recurring net earnings have collapsed, financial leverage remains elevated, and management continues to struggle with its business strategy, as evidenced by the dialogue on the Q3 2020 conference call... — read more 

Germany 2300 , Poland 2000, Hungary 300 .. layoff starts for the NewCo and IBM transformation. Europe will be hit hard ..

What do you all think about the brilliant CRM, Atlas that GTS uses?

https://stockhouse.com/news/press-releases/2020/10/29/ibm-and-at-t-bring-open-hybrid-cloud-services-to-enterprise-clients-for-the-5g

OK GBS (non-enterprise) You now can see where you are going to land https://finance.yahoo.com/news/wipro-ibm-strengthen-relationship-announce-123000846.html

IBM stock will soon be trading under $100. What a bunch of awful CEO’s they’ve had in the past 15 years. This company used to trade in the mid $200 range. Someone needs to tell current management they are fired.

One wonders if IBM stock will test new 52 week lows or go even lower. There is no real story here to keep IBM's stock price up and the COVID pandemic is depressing IT sales. Is a stock price in the 80's or even the 70's possible? On top of this... — read more 

IBM generally leads in the Patent Race every year... yet are not perceived as market leaders it seems. So what causes the disconnect?

This is why we lost: https://www.cnet.com/news/ibm-the-next-big-thing-no-longer-exists/

As we can see, IBM’s dividend has become expensive and income investors must be on watch in terms of the company’s ability to sustain future payouts at these levels. Share prices have been in steady decline since 2013 and the stock has... — read more 

So, to summarize the answers to my initial questions: What's broken now that will remain so after the spin-off is IBM's growth mindset, the evidence of which is yet to show up at the top line. The pandemic has worsened the situation in... — read more