https://www.crn.com/news/cloud/ibm-board-sets-pay-packages-for-new-ceo-and-president

IBM is known as one of the most acquisitive companies in the world. But the tech giant was expected to go slow on the M&A front after buying Red Hat for $34 billion last year, the biggest acquisition in IBM's history. "We've focused all of our M&A... — read more 

1¢ – Dividend Aristocrat! https://seekingalpha.com/article/4341117-ibm-token-dividend-raise-disappointing

I would be really interested in knowing if any IBMer got these IBM stock shares that were supposed to be given as GDP this year instead of hard cold cash? I personally got nothing... anyone or Is IBM taking advantage of the virus? They sure did... — read more 

I joined IBM as a contractor (Service Engineer) in 2014 and was part of a layoff in late 2019. A couple of months after starting work in 2014, I was asked to work OT and in some cases 18-20 hours nonstop. I was paid straight time for those OT and... — read more 

https://seekingalpha.com/article/4338981-ibm-disappointments

Back in 2018, IBM acquired software distributor Red Hat after diving into blockchain technology with its Hyperledger project. However, the company has so far failed to revive its former glory due to a lack of innovations and leadership... — read more 

Has anybody other than contractors been furloughed or laid off yet?

AK's regime leading right out of the chute! https://www.zdnet.com/article/security-researcher-discloses-four-ibm-zero-days-after-company-refused-to-patch/

D you know any layoffs is going to happen in IBM research in incoming months with regards to New CEO or covid ? Have heard layoffs in IBM research in the past ? Esperically YKT and Albany.

And the pendulum swings the other way. WFH is now better. https://www.theregister.co.uk/2020/04/21/ibm_q1_fy2020_coronavirus/

Beyond that, though, Krishna delivered a bold proclamation. He said he wants the company to grow, and not just on the bottom line. Don't we all. ... — read more 

IBM is on target to trim expenses by $2 billion this year, Chief Financial Officer Jim Kavanaugh said on the call. Divestitures, RA's, re-org.'s, etc. will comprise this expense... — read more 

https://www.wsj.com/articles/ibm-first-quarter-sales-decline-as-new-ceo-aims-to-revive-growth-11587415010 By: Asa Fitch Updated April 20, 2020 6:44 pm ET International Business Machines Corp. {IBM 0.24%} posted lower first-quarter sales... — read more 

It's going to get VERY ugly VERY soon. . . https://www.cnbc.com/2020/04/20/ibm-earnings-q1-2020.html

Does anyone have any insights into the inevitable reorg that will happen in H2?

Curious as to what you thought? Specifically near the end when Mark read a question from a GTS NA Delivery person about GTS and GBS being combined for economies of scale, and Mark saying there is a huge opportunity to do more, etc. Sure -... — read more 

I know we like to get negative here, but kudos to AK for increasing the sales bonus pool and giving people who don't hit their targeted incentives a boost in pay. For example, if you hit 80% of your TI, you'll be made whole to 100%. Or if 60% of TI... — read more 

https://www.theregister.co.uk/2020/04/15/ibm_age_discrimination_lawsuit/?fbclid=IwAR18DhiTd_rQagNSo-o8PsR4EtoGKrvpk_IAPGTqXK1hH0DJ_JQLE0-j48A

Answer: shuffle. https://cloudwars.co/ibm/will-new-ceo-arvind-krishna-shake-up-ibm-or-shuffle-pieces/

It's truly amusing how AK thinks that there's a snowball's chance of this ever happening. IBM has already lost. https://cloudwars.co/ibm/how-ibms-new-ceo-plans-to-beat-microsoft-amazon-google-in-cloud/

Ginni using the corona virus pandemic as a convenient justification to promote the "new collar" concept. Be sureto listen to her interview too, as it contains some juicy... — read more 

It Appears that IBM have found a new way to use the present word wide pandemic to increase their profit margins. Reduce contractors rates by 25% but carry on charging companies the same higher rate. The greed of IBM never ceases to amaze me. ... — read more 

"These are incredible companies that no other country can catch, if they are smart". Maybe a subtle hint at IBM and other companies with the decades long incessant need to offshore every last bit of themselves to save a penny, but lose a dollar... — read more 

We would aim to do this by applying the following principles across and within all GBS markets ALL Indirect and Non-Billable resources will be expected to take 5 days’ vacation preferably in April. Where this is not possible the vacation should... — read more 

Lost a contractor on my project as of last Friday, 4/10, furlow due to COVID19, with no set duration ... but 'until further notice' — will be reevaluated after covid19 settles. (?)

We'll see where it goes, but at least it's getting pushed. Suspect though Big Blew winds-up settling before a judgment is rendered. https://www.theregister.co.uk/2020/04/10/ibm_practice_of_capping_sales/

How ironic. Maybe they shouldn't have jettisoned so many grey beards. . . https://onezero.medium.com/ibm-rallies-cobol-engineers-to-save-overloaded-unemployment-systems-eeadf13eddce

https://techcrunch.com/2020/04/10/incoming-ibm-ceo-arvind-krishna-faces-monumental-challenges-on-multiple-fronts/

"My biggest fear was IBM was going to just try to s— us in," Cormier, who was then the head of Red Hat's engineering and product management, told Business Insider. Just wait Paul, just wait. ... — read more 

Tom Rosamilla is asking IBMers, via an e-mail, to take a week off this quarter. His note mentions further guidance will be coming for those in GTS, GBS and Systems. Untaken vacation shows up as a liability on a company's balance sheet. IBM will... — read more 

An almost 15 minute interview with AK on CNBC. Pay attention, particularly from 5:15 - 7:00, when he's discussing structural changes to the business and then from 12:24 - 14:11 when he's discussing hiring and skills across the world: read the tea... — read more 

Am I the only one who thinks IBM’s response to our clients during COVID-19 has been weak? Yes they have gotten the good press by contributing to the industry consortium and developing the Watson app. But IBM is a B2B company, not a B2C company. I... — read more 

Can Krishna’s leadership set IBM’s stock price on a new trajectory, and return it to its historical perch atop the enterprise tech mountain? That probably depends on two things. One: Can he make IBM a consistent top-line grower? Because... — read more 

Arvind's letter. Some of the leadership changes are interesting: Jim Whitehurst, in his new role as President, will head IBM Strategy as well as the Cloud and Cognitive Software unit, where he will oversee the foundational technologies that are... — read more 

Interesting reading for folks under lockdown: https://sec.report/Document/0001104659-20-042546/

Google for "Arvind Krishna news" and the headlines are two months stale. President Trump recently suggested Google would setup a web site for testing at Walmart parking lots. Walmart was at the press conference and agreed. Google said it never... — read more 

"IBM will shortly layoff or furlough thousands of American workers, relying on the government financial support passed the other day. Most of those workers are never coming back. What process work still needs to be done will come from India... — read more 

It’s been confirmed that there’s a third redundancy consultation going on in UK where NONE of the staff have any terms in their contracts of employment that entitle them to a defined redundancy payment. It’s also been confirmed they’re to receive a... — read more