#layoffs

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If you were one of the victims of yesterday's attack from HPE, here's a link with good advise related to our IBM Industry peers.

https://www.linkedin.com/pulse/6-things-id-do-i-got-laid-off-ibm-j-t-o-donnell?trk=mp-reader-card

For the ones that voluntarily decide to stay... NO ONE is safe at HPE. No matter how "business critical" you think you and/or your role are, you are always a potential target (especially if you are over 30 and live in the US). I've even known people in Mexico, Costa Rica, Puerto Rico, Vietnam and India being booted out, so working on a low cost or tax advantage Country doesn't seem to be a safe haven anymore. there's always someone cheaper out there... I guess the question you need to ask yourself is why are you tolerating this unacceptable behavior from an employer that don't give a damn #### about you as an employee? The more you wait, the more competition you'll get out there from desperate well qualified people also looking to land good jobs. Anyone that got laid off 2-3 years ago should consider themselves fortunate, as the market conditions (and competition out there) were not nearly as bad as they are today. The more you wait to start your search, the worse it'll get.

#Outsourcing #Offshoring #CostaRica #Layoffs

IBM August / September 2016 Resource Action Summary

I've summarized 20 reports in a single thread - this is from Watching IBM - there you go, all 20 of them:

  1. RA'd today in USA Storage Presales (CTS). Multiple 2+ ratings, exceeded quota past 2 years, top quarter of organization. 90 days notice 1 month severance.

  2. Tomorrow 344 Dutch colleagues will be RA'd

  3. Just got the call. US based in GTS global. Manager says HR calling it Work Elimination in US. Didn't have overall numbers but said it was widespread and impacting 2 in group. Both "retirement eligible".

  4. RA happening today in the US, GTS managers are making calls... not sure who is involved yet.

  5. GTS is hit and they are hitting tech people also. Just happened to one of my team mates

  6. I was RA'ed today. I'm in the CIO. Was told that the reason is that my position is being eliminated due to co-location strategy to limit # of locations that CIO personnel are in. Some of my work will be transitioned to other resources & other work eliminated. I don't know of other folks affected. Nearly 20 years service and a whole 1 month pay

  7. 19+ years. RA'ed today. Lost two jobs to landed resources from India. IBM = India business machines. GBS. Anybody that thinks they are safe. Your time is coming. But Ginny is building a chalet in the Swiss alps. Good luck. Finally over the waiting. Seen all my friends go before me.

  8. RA'd after 17 years. Systems Group. Age 49, told it was because of my experience and performance and the direct the business unit is going. Never less than a 2+ in the last 15 years. We all know what is really going on.

  9. In IBM for 20 years, currently in CIO half of the group is RAed because not co-located. Other half to go next year unless they move.

  10. Gone GTS 30 years

  11. I knew it was gonna happen soon. IBM wants to get the people off the payrolls prior to 12/15, to save the 401k match. I was not affected, not sure about others on the account I am on. to be honest, we have already been decimated to the bare minimum, most of the account has already been replaced with Costa Rica IBMers.

  12. Mgrs in GTS were RA'd yesterday employees still be told in GTS as I write this

  13. I'm in the number this time. After over 15yrs and then several 2+ ratings. But of course this happens right after Thanksgiving and before the 401K match time.

  14. Another wave of cuts in TSS UK started this week, part 2 of the 2016 cull...

  15. Hi - ugh. I've just heard about another RA happening today. An old co-worker of mine from GBS is affected. He was notified today and his last day will be Nov. 29. No idea of size/scope of RA. My area here in Analytics was not included this time.

  16. Still processing the information but there is an RA in progress and "I am affected". I'm in GTS (work from home Boulder) and do mainframe engagement solutioning but it sounds like it will be larger than GTS. Word is the standard cheepskate severance.

  17. RA in GTS, so far no tech folks hit (but we were decimated on the last round), but heard that US-based PM's targeted

  18. Just got word that RAs are happening in GTS. So far, people working in the CICs, myself included, aren't affected...looks like they're targeting the WFH people again. Manager seemed stressed reading the official script on the phone. Asked how many were let go in this RA and he wouldn't comment on the issue. Work being off shored to China. No surprises, I'm a long time follower of this group. I realize it is not based on the quality of my work, just another company drowning in management mistakes. Life goes on.

  19. Well got the call today, 22 years of service and I've been RA'd, 90 days with a severance of 1 month. Bitter sweet feelings since I've been VERY unhappy with the way things have been going the last few years. I'm in GTS (work from home in Broomfield/Boulder Co.) as a Transition Project Manager.

#Outsourcing #Offshoring #CostaRica #Layoffs #Resource

List of Chico's FAS Stores Closing in 2016

Hello All - Does not someone have a full or partial list of Chico's FAS stores that will be closing in 2016 - I know that we probably do not have all information but this is something that may be interesting for many people - at least in that case people can be prepared for #layoffs

This game has been unraveling for a couple of decades now, the worker is simply f---ed. We bought into the narrative that has been sold to our parents - go to school, work hard, all will be fine. F--- it. It's over.

This finished in 1990 and things are getting worse and worse for workers. Look at what's happening with the elections now, you have Trump scooping up votes of all pissed republican workers and you have Sanders doing the thing with pissed Dems.

I am not going to preach here as each of you will realize at some points (if you haven't already) - I am 100% for Capitalism, competition, etc. But structural changes have occurred over last 2 to 3 decades and the whole 'shareholder focus' thing is f---ing workers majorly. You can make an argument that they are putting in the money so an enterprise can function, but keep in mind that if you rape workers way too much (just like they are doing now) there will be no middle class to buy whatever that enterprise is selling.

And our middle class is melting at a rapid pace, it will hit under 50% of the workers pool in 2 years, and it will continue to shed 0.75% to 1% every year after. Real, inflation adjusted wages are in a constant fall, that f---ing does not help too.

So, OK, do the layoffs and channel more money for the Executives and Shareholders - but keep in mind that once you lose that middle class through #layoffs, #wagestagnation and all #H1B schemes designed to extract even more money from US workers, EVERYONE WILL BE WORSE OFF.

Economic history is bountiful with stories where pissed 'folk' took things in their hands once that have been f---ed for a bit too long - we are on that path for the first time in our history, so next decade will be very interesting...