https://www.theregister.co.uk/AMP/2019/06/03/ibm_supreme_court The current situation on the left side of the pond is that pensions are practically unheard-of for employees of private corporations. There are still a few old giants, like IBM, that may... — read more 

Rick Bowers (VP) is having a All Hands call June 10. Expect the purge to start shortly after that in the Lab Service teams under him. Anyone not connected directly to doing services with ICP, CIP and the likes will get laid off.

An update on the latest status of the former Somers campus -- https://www.lohud.com/story/news/local/westchester/somers/2019/06/04/whats-up-school-proposed-somers-former-ibm-property/3768944002/

Some may find this interesting. This is from Glassdoor, sources below, I've summarized it. This is just for Base Salary (not total comp) for Bands 6, 7, 8, 9 and 10. Band: Band 6 - IBM Software Engineer (Band 6) Salary Typical Base Salary ($/yr):... — read more 

Ask yourself where does IBM make money. System Z definitely, Enterprise Power (absolutely). Scale out Power (not so much). Linux Power (nope). Open power (yes, BUT mainly from IP license deals). Storage follows the same path. Enterprise storage makes... — read more 

Just learned of Simpler Consulting "an IBM company" (simpler.com). Is this a pathway for GBS staff to avoid getting RA'd? Or Is it ripe for divestiture? Is it an attempt to get around GBS BS? Or is GBS too disorganized to know it exists?

Anyone has more info? I am hearing 7/1 as the layoff date but not sure if folks have more info for Cloud Managed Applications Group.

Last week they’ve sent The 2019 Pathway to Retirement to IBM Canada employees. In short, they are asking us to decide by 6/14 if we want it… If we accept, we need to leave in early September. I know many folks who will take it and it surely beats... — read more 

https://www.reuters.com/article/us-usa-court-ibm/u-s-supreme-court-to-hear-ibm-retirement-fund-dispute-idUSKCN1T41SX

"Portfolio simplification" is the new byword in Systems. And yes, the portfolio is too complicated -- and it would be a good idea to converge some offerings into a single team that has "critical mass". In reality this seems to be another cover story... — read more 

The biggest problem at IBM is management doesn’t have a clue who is doing what. We have people who work for managers they never see. Procurement employees in the US , work for management that are in other countries, it’s terrible. Then you have... — read more 

Poster said it was confirmed to be announced by end of last week. I haven’t seen any announcements or anyone in GBS talking about it. Just another rumour ? This site feels full of conspiracy theories. Hard to tell what’s real.

Someone should fix summary to say “employs over 300,000” has been well under 400,000 for some time and is might fall below 300,000 in the next couple years.

“This is an example of a new model of education … a way for this new era that kids [may] not necessarily have a college degree,” Rometty said of the program that is now in its seventh year. “I need that workforce for my company and I need society to... — read more 

The only rumors we are hearing is from this site and it seems to be focused on GTS. Is Hardware expected to take a hit too ? Power is a mess. Its leader was pushed out at the end of 2018 and replaced with a business person from India. There is no... — read more 

Now that Europe has numbers, the US should follow into next week with management getting total headcounts to cut per department. For GTS , seeing a 40-50 percent hit, that’s a ton of people. Most locations can’t even fill an office or workers work... — read more 

Just got "leaving agreement" GTS Central Europe. Pitty I was here nealry 6 years. Was trying to do my job as best as I can. But somehow I was marked.

IBM needs to bring in "the Bobs" from Office Space to ask everyone in the sales organization this question: : "so uh, what exactly do ya do here?"

There is an interesting rumor floating within IBM. It’s the 1/3, 1/3, 1/3 rumor for GTS. 1/3 gets RA’ed, 1/3 gets absorbed by the other divisions, and 1/3 gets sold. (approx 33k within each 1/3) Revenue split goes 65% to IBM (IBM keeping the... — read more 

Link below. In short here is how the game is played: "Like IBM, Larry Ellison's company has begun leaning heavily on layoffs and stock buybacks to boost its EPS in the face of little-to-no revenue growth. It has also relied heavily on M&A over the... — read more 

Stock hasn’t done poo in 20 years. That’s not a tech company. That’s a horse and buggy company Please leave Ginni

https://www.thelayoff.com/lenovo (link: &lenovo )

If you’re group isn’t making money, it’s going to be cut. Services will really take a hit as much of it has been sold , cut or not needed. The days of team leads making charts and holding endless meetings is about to come an end . Management levels... — read more 

https://twitter.com/TheLayoff/status/1133831031830720512

C-Suite jumping ship in this manner: something really fishy here. . . https://www.ccn.com/ibms-1-million-bitcoin-bull-mysteriously-exits-tech-giant-as-global-blockchain-lead

I can't believe this article! Are you kidding me! I must be living in some alternate universe! https://www.prnewswire.com/news-releases/ibm-named-one-of-the-2019-worlds-most-ethical-companies-300801789.html

IBM doesn’t innovate anymore. They purchase innovative companies sometimes. I feel sorry for young grads coming on because they see IBM as a “stable” company. This is very much true. When we were innovating, we were on top. Then innovation got pushed... — read more 

Huawei’s heady expansion was in microcosm the allure of China’s massive market—irresistible to many companies around the world, including American tech majors that enabled its rise. Qualcomm Inc. supplies about a fifth of Huawei’s smartphone chips... — read more 

Is GTS safe in this round of RA? If not which countries will be effected?

Mr. Krishna, IBM’s senior vice president of cloud and cognitive software, said about 80% of the work with an AI project is collecting and preparing data. Some companies aren’t prepared for the cost and work associated with that going in, he added... — read more 

How AECOM's $2.3bn outsourcing deal with IBM went disastrously wrong https://www.computing.co.uk/ctg/news/3073118/aecom-to-ibm-usd23-billion-outsourcing-deal-a-timeline

Run-of-the-mill delay or something else at play? https://www.reuters.com/article/us-deutsche-telekom-t-systems-ibm/german-cartel-office-extends-review-of-t-systems-ibm-mainframe-deal-idUSKCN1SY0RE

This is another BIG round of layoffs of up to 20,000 out the door. IBM needs cash , hearing no cash pay outs and 30 days or less just like other businesses do . Good luck folks, you will never retire from IBM . Please tell us where the 20k number... — read more 

It looks to me like most of the new - mostly younger - employees are at IBM only short term - however long it takes them to get some knowledge and experience and move on to better things. Nobody I talked to in my department sees this place as their... — read more 

After the RedHat acquisition, I’m in a lot of stress, as I know that many changes will come in the company structure. That need for change is, in this case, mixed with the ever-present need to cut costs, which is higher than ever, given the amount of... — read more 

IBM has already announced a 500-700 million dollar charge for 2019 layoffs. IBM pay third world vs first world tends to run at 25 cents on the dollar. Using first world numbers of 10,000 heads per billion, we extrapolate down into a lay-off of approx... — read more 

So the CEO of Microsoft can transform the company in 3-4 years, grow revenue and margins, yet IBM,s long term CEO makes excuses every quarter. And spends billions on acquisitions that are not bearing growth. This is laughable the IBM Board allows... — read more 

More details as we find out more.

We see IBM’s pipeline, we see the work being done, we see and hear customers, we observe executive behavior. We track sales, we see expenditures, we follow financial press, we understand our numbers. We look at all of this and we know what will... — read more