#speculation

There was no restart needed and no advanced warning of a download to be done as usual so that I could schedule it for another time. Got 2 inconsistent on my review last week. Is this a sign that I get let go tomorrow?

Anyone know when the next round of layoffs will be and what dept they are going to target next?

Layoffs? Realignment? Other info of relevance?

It was a long shot. They won F47, but winning both programs won’t happen. It’s too much risk for the DOD on a company that’s historically been late and over budget on most of the programs. The number of so-called analyst though who claimed Boeing has a good shot, I think it’s very misleading.

Selling off all their nursing homes left and right. I wonder if Gemini made them do it!!

I’m now absolutely petrified that La-Z-Boy might start looking at layoffs just to appease the shareholders. The stock drop has me on edge, and I can’t stop thinking about what this could mean for all of us. Does anybody here have more insight into what’s really going on or what we might expect in the coming weeks?

Offshore, firings, opening an office in India. The Citi playbook. DC acquiring EDJ is the only thing that makes sense. Nothing else does.

I keep hearing that 1000-1200 associates are going to receive the ISP. This would be a substantially higher number than what have been discussed related to Reimagined. Is anyone else hearing similar rumblings?

they are offering OT for snp CM. Does this mean we may be safe from layoffs? Thoughts? I

Round table w director after Q4 business update. Few months in advance so what could this mean?

Heard rumors of a big RIF coming soon. Any confirmations on which locations? Which division?

I know folks are very cynical of IBM’s actions and trust me been there done that (class of 2016) BUT the real question is was there a game plan to it vs just reducing costs across the board. In My 2016 experience it was just a cost reduction exercise, and no change of course. This RA seems to have a Slight strategy behind it (mostly eliminating Redhat vs IBM legacy overlap, which most likely should be expected after spending 34 billion.. The decimation of Power in Austin was not a “move folks from high cost to low cost”, but rather a “we don’t want to be in this business anymore” action. The final question is did IBM fall back on their old ways when it comes to GBS/GTS and just remove costs, or did they strategically go after costs. There is evidence for both. IBM had RA’s in China and India (China ended in April, while India had them when the USA had theirs). (see EE times articles). The non-confirmed posting of TSS moving to Costa Rica would certainly be the “old” IBM strategy of shopping for lower cost. Thus again I ask does anyone see a strategy via the man behind the curtain?
I will add one interesting tidbit. If we run the known numbers we get, IBM took a 900 million dollar charge in 1st Q, which equates to a 23k Headcount reduction at 45k a head. (USA fully burdened cost of 180k per head). The CFO said he was looking for 2 billion in savings which says 1.1 billion must still be accounted for. He also said the 1.1 would be self funding from operations. If we use the 1/3 rule (110k America’s, 120k Europe/Asia, and 120k India) And factor in the 4 to 1 cost advantage (1st world vs third world) then the shift of heads to 3rd world pay for any impairment costs incurred. Thus 2 billion at 45k nets 45k heads impacted with 3rd world going up at the expense of 1st world. The exiting of commodity HW (Power and possibly storage) would result in another possibly 3-5k reduction. 1k plant for each HW product, with 1k sales/channel in America’s and Europe/Asia. This would be self funding via the fire sale of the HW manufacturing business and IP sales. This all nets to 50k impacted after the dust settles. Now IBM has a lean go to market machine focused around Cloud, LINUX, AI, Enterprise, and REDHAT, Does anyone see that the RA was structured to support this plan?
Finally folks are speculating about a 2nd round. I would speculate IBM isn’t after anymore streamlining of their go to market strategy, but rather shopping “perform” services (think commodity body shop services already in India). That would mostly come out of Cognitive, GBS, and GTS. Perhaps 60k heads total. I would expect IBM to cut a deal with one of the body shops already in India. Thus no impingement charges. Again just a speculation

Any