Thread regarding IBM layoffs

@aj IBM did not make it to 100 years with near term decisions. For example, the PWC acquisition took 5+ years in planning as to what to do in the Business Consulting market, since very few companies viewed IBM having the service. GJ become CEO when Bob Moffat was politically as-----nated, his disclosure of NDA matter was an insignificant fact. The next 2 after Bob declined as they saw the political infighting was not being reigned in. Softlayer was the results of multi-year planning when the On-Demand campaign was not resonating. Arvind was not the architect of RedHat, it had been in the strategy for years as a pivot. Part of that Deal was to install Jim Whitehurst as CEO after a couple of years learning the company. Arvind was to be interim. The issue is that Arvind believe he could manage and grow the company, so decided he did not want to step down. Hence Jim Whitehurst left. Jim's track record/resume blows Arvind away. So do a little research, reflect a bit and then try again to tell us what a Savant Arvind is...

Hi Nickle ! How is it t be lodged so deep in the Arvinds Ana* Cavity ?

@ag Does the total of all 401k contributions, all medical insurance, all misc benefits equal to a near doubling of market cap ($150/sh-->$300/sh?)? A total of all employee salaries does not come close. Part of the price increase is probably a bubble and "financial engineering" as you call it. If "financial engineering" were that simple every CEO would double their stock under their watch. The reality is wall st (predominantly white american male) likes layoffs and offshoring and consolidation and cost cutting. This has nothing to do with Alvind or India -- employees are chipmunks for sure in this game. Alvind must be doing something right from a business standpoint, perhaps in the short term. And finally IBM must have been doing a lot of things wrong in the past and course correction produced some good results. There are many examples, Ballmer's tenure ($40B for yahoo, wanting to be an apple wannabee with nokia purchase, windows OS for phones etc) being a tech classic. Counting on legacy cobol revenue, wanting to recreate the world of 1960 and complaining about indians (chinese are actually kicking butt and are generally more tribal wrt hiring) is not a solution

@qb: Not defending Ginny, I am not defending an incompetent id1ot against the lying thief.

At least AK is not doing as bad as Ginny... what a disaster she was... What didn't she sell, get rid of. Useless!

@j4 This board can discuss layoffs and reality at the same time. Arvind Krishna didn’t “loot” IBM — he stepped in when the company was stagnating and refocused it on hybrid cloud, AI, and enterprise relevance. Tough decisions aren’t exploitation; they’re leadership in a competitive global market. You don’t have to like capitalism, but pretending IBM survives on vibes and feelings instead of strategy isn’t serious discussion.

@OP - This board exists to discuss the impact of layoffs, not to glorify the wolfs of wall street. The CEO has not done the human civilization any favor, he is just collecting the pay and handsome bonuses by his employers who have amassed great wealth by exploitation. Fell free to contact the CEO and su-k his stinking a-s if that gives you the immense pleasure but stay out of here.

The title post in this thread and one follow-up were evidently written by ChatGPT.

@dw
he has a phd in financial fraud
all that requires is 0 integrity

@dn that statement is so funny given that the crone Ginny gave the Indian crook Alvind his chance (opportunity) to get to become CEO and Chairman of IBM. He promised a lot and he has delivered on getting the IBM share price to beyond $300 a share. But, other than that he's been a dismal FAILURE with nothing but Layoffs in the US and Europe while pretending that his Indians do a better job. Alvind talks a good game but he cannot deliver. Financial engineering at IBM triumphs again.

Arvind is the leader IBM needed. After Ginny, we ended Quarter after Quarter od Declining revenue.

@dd Well if that doesn't beat everything that has been written about the sc-mbucket and mothertrucker Arvind, I don't know what does. Maybe he will see fit to discuss this assertion and take a poll at his next Slack Chat with IBMers. LOL !

@cj Spot On ! Alvind is just another worthless Indian CEO who likes to show off that he knows more than he actually does, and that he is driving force behind the technologies of tomorrow. He talks a good game on the chat shows but there is no substance behind what he says about IBM. IBM descends into mediocrity and isn't anywhere to be considered one of the Top 10 technology companies. The situation is simply IBM executives playing musical chairs on the sinking IBM Titanic.

Arvind's entire focus is on quarterly financial engineering and PR soundbites. He doesn't have a strategic visionary bone in his entire body.

how much do you get paid to write this
obviously i picked the wrong field, physics

the problem is that if everyone is a propagandist
nothing ever gets made or created

IBM sc--ws employees. IBM management can eat sh-t.

Armchair CEOs love to whine from the sidelines while having zero responsibility for steering a 100+ year-old enterprise through tectonic shifts in technology. They mistake nostalgia for strategy and noise for insight. Leading IBM isn’t running a startup from a hoodie and a podcast mic—it’s making hard, often unpopular decisions that actually work.

Arvind didn’t chase crypto fads, metaverse cosplay, or headline-friendly gimmicks. He focused on hybrid cloud, AI, open systems, and enterprise reality—the stuff real companies pay real money for. That’s not flashy. That’s called adult leadership.

@OP: It is very tempting to respond to the garbage, you are spewing.
No, I am not going to debunk your gibberish. It is so far from the truth, No one believes it.
You sound like a member of the Indians tribe.

The only reason IBM "seems" to be doing ok now is because they sc--wed it's employees by getting rid of the 401k match and giving them the finger with an IOU.

Nope