Thread regarding IBM layoffs

ckwp, your theory may be correct. The offending post was taken down for a day or two, and then it was restored. I am pretty sure that IBM security and law enforcement would be working with layoff.com watching for clues on anyone that would make threats to the IBM CEO.

8aph,

Now 10 days and counting. The probable reason that thelayoff.com has left the offending post is that IBM asked them to leave it there as bait for the original poster to post something again that will allow IBM to figure out who this person is or where they are located.

Someone please help me understand this. Someone posts that you have to shoot our CEO in the head and this site lets it stay? For 6 days and counting?

Women CEO's who cant be fired for fear of the backlash by the public, look at Marissa Meyer, everyone watched her let yahoo literally fall apart. IBM is the same thing.

#admin #admins
Please delete post @2zoo+UyNDlWU due to the implied recommendation of tasteless violence.

Oh I think she will gladly leave. She has her Switzerland chalet ready. Remember she gets her parting gifts. 250 million pension, use of the corporate office, and jet. PLUS she gets bragging rights of how she restructured the “new” IBM for the future. If you do the timing of these deals (HPE being the last one) it takes approx 9 months from announce to spin off. If we use July of 2019 as the target (yet again the 3 years extension she asked for), you can back into a 4th quarter announcement. Martin will have had 18 months on the service side by then, thus IBM board can safely name him. In the mean time, Ginni needs to finish off the restructuring of IBM to get rid of anything not moving to the “new” IBM.

You have to shoot her in the head.

Her departure will be too late. The damage is done and the hole she created is too big to fill. They need to hire from outside and not promote another IBM croney. But who would want this job, no other exec would be crazy enough to fix this sinking ship.

1xsn. You have hit the nail on the head. Martin is off at charm school and will follow on with the “new” IBM shortly. (it’s the pathGinni took). Look for an announcement soon

If the Board's overall purpose is to maximize shareholder value and ensure the health of the company why isn't she fired. You could probably hire almost anyone to "let in some fresh air" and the stock would immediately jump higher. Ginni could never handle an upper management position at any other IT organization. I truly hope someone from the outside is hired.

Ginni Rometty leaving may provide a quantum of solace for "Affected Employees" that have been RA'd but it will not change the overall trajectory of IBM's fate. So you should expect IBM to continue on its present course speed of decline. Why? See below.

Ginni is the President, CEO and Chairman of the Board of Directors of IBM! Think about that for a minute. She hand picked many of the board members personally and she is a member of the board of directors on many of the companies of the directors she picked. This is called an interlocking director and it used to be illegal. As President, CEO and Chairman of the Board, Ginni gets to pick her successor, and she has. The heir apparent is not a stranger to the board of directors, wall street or anyone at IBM. He is, wait for it... none other than the former IBM CFO Martin Shroeter ! He is presently off at charm school learning how to lie with words on a powerpoint presentation instead of numbers on a excel spreadsheet.

Ginni will be around until she completes the destruction of the presently constituted IBM by selling the most labor intensive parts of IBM (GBS, GTS ,parts of TSS, etc.,). At this time the company will announce a new beginning and will brand itself as the "new IBM" lean, mean, focused, dedicated to every customers success,... blah,blah blah. And with Martin at the helm, nothing will change and IBM will continue on its present course but at an accelerated speed... down, down down.

Have a nice day !

P.S. To the major shareholders of IBM, save what is the left of this once great company, act now and replace the chariman and the board of directors, your ROI depends on it.

We all know that her days are coming to an end, whether she gets the boot or just retires.

The real question is who is going to replace her?

Someone from inside the company or an outsider that will bring the necessary changes?

If someone from inside the company, then nothing will really change, it will be IBM's business as usual telling one lies after the other and continuing the current failed strategy.

We can only hope she is shown the door!

Ginni did not play fair. Her subordinates were "given" three strikes and kicked out quickly. Ginni gave herself six years of "good performance", and if Wall St. wakes up to her smoke-and-mirror gimmicks, she will leave laughing ecstatically.

It is a failing of our system that CEOs are rewarded for bleeding a successful business. What is more astonishing is that financial analysts were fooled for this long.

We are long overdue a fair shake and new regulation.

Boards should be annually evaluated by an independent consulting company, and the results published for stakeholders to see.

Anyone who controls the fate of another employee should undergo an annual rigorous psychiatric test to prove mental competence.

Should have stayed in hardware not sold it all off!!