Thread regarding IBM layoffs

Human resources are the last bastion to be squeezed

IBM first derives the expected profit and takes that. Pays the sales commissions (or just a portion if they can) and the leftover is what they budget for project expenses. That is goods and materials. Hardware on the cloud is essentially a fixed low margin cost these days. So that leaves human resources as the last bastion to be squeezed. If what is left doesn't cover the project then offshore is a good solution in this situation. Ignore the fact you painted yourself into a corner where offshore is a good solution. It is ultimately a shell game run by managers to hide and shift problems long enough to bolt to the getaway car after robbing the bank.

This is a reply from another thread but @Wk4yXGT-1vda is on point.

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| 1011 views | | 2 replies (last November 29, 2018) | Reply
Post ID: @OP+WlAUysg

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For many years my team’s managers have been giving out BluePoints to us at year end as a motivator. We usually get them in October or November. I was wondering why we haven’t heard this year. Sad.

I have often wondered are they continuing to do all of these squeezes on purpose to force attrition, like another big company I worked for did blatantly. Then I see open hiring tickets for my team, who is largely on the bench or doing overhead work, along with several large overhead events that occurred in November, and I realize that is not the case. Management is just completely clueless.

We desperately need a major management shake up.

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Post ID: @2aaw+WlAUysg

expense controls just hit, travel, training and for the first time, no awards or recognition spending either. Must be looking bad this quarter, and they have to fiddle with the expense controls to fake margin improvements.

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Post ID: @2thp+WlAUysg

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