Too much whining on this board distracting us. Layoffs are coming. If anyone has intel that could warn us about divisions targeted, please share. It could save someone from a period of unemployment to start their search as early as possible.
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Marc, the GM for security is the one who's gone.
Cut the c-ap? Tell that to the losers you report to.
They are the only ones who can give you a straight answer.
You keep getting your badges and showing up at those useless town halls bud.
Who was head of Security fired and in which geography? Was it the services or product exec that was fired?
re: Post ID: @VIFr9GW-rvt head of security fired. Is Caleb Barlow fired?
https://www.bizjournals.com/boston/blog/techflash/2016/02/ibm-execs-see-no-letup-for-fast-expanding-security.html
Now they just need to dump all IBM internal security teams as they are a cancer to IBM.
Well, they just fired the head of security, so that's at least one.
I think the other commentary is very helpful. Per your request, also posted in 2018 layoff section 1 year ago by Anonymous | Post ID: @OLbfSBK
Layoffs will be very large in 2018, again, compared to 2017. Look at this link and search for 'rebalancing' (aka layoff expenses). Note that in 1H 2017, these expenses totaled in $171 million. For the entire 2017 year, the number equaled $199 million. 2018 first half is already triple the number for all of 2017.
Observe that layoff expenses in 1H 2018 spiked up to $563 million--that's just for 1H. So 1H is triple the number for all of 2017. Layoff expenses spiked in 2016--after severances were reduced to 1-month--the 2016 year-total number equaled $1.038 Billion, the year of crushing destruction. 2014 was a record high year of $1.5B of layoff expenses, but b/c the severance changes did not take effect yet, it was merely destruction.
Good luck. See the link
https://www.sec.gov/Archives/edgar/data/51143/000110465918048404/a18-14112_110q.htm
Reg ra no idea, usually don't hear much about coming ra's till the ax starts swinging.
Though uppers have been raking flm's over the coals for contractors that could be permanently furloughed since 4qt started.