About 75 employees from IBM XIV, shutting down A9000

I've been with IBM for about 5 years now, I am pretty certain I'll be RA'd before end of the year. What are your thoughts about job prospects for someone my age. I am purposefully omitting my field of expertise as I am interested in hearing about a... — read more 

Who else is surprised at how easily IBM is letting some of the best employees walk away? It used to be that you would fight to keep your best, match or beat competitor's offer, do something to make sure people you wanted to stay, stayed. Today... — read more 

The cuts and re-org. are hitting Israel now -- https://en.globes.co.il/en/article-ibm-israel-laying-off-dozens-in-storage-division-1001286937

Sounds like IBM Exec.'s know the stock will diving soon and maybe for an extended period of time and are trying to minimize their exposures. https://news.bloomberglaw.com/us-law-week/ibm-401k-case-lands-at-high-court-amid-warnings-of-rush-to-sue

Can Ginni and the Exec management team negotiate, or can they negotiate. OH by the way IBM board you approved this deal. Sell semiconductors and the plants to GF for a payment of 1.5 billion.. GF has now broken a piece of the sale apart and sold it... — read more 

But it's not Watson... The prize goes to GOOG: https://www.engadget.com/2019/05/20/google-ai-lung-cancer-screening/

https://ibms360.co.uk/?page_id=22

Is IBM hiring

"There have been a few customers that are not great fans of IBM…" https://www.itprotoday.com/linux/red-hats-jim-whitehurst-ibm-merger-suse-and-ubuntu

Need more math help! How come Ginni's pay didn't decrease commensurate with shareholder return? Virginia M. Rometty IBM Shareholder Return -22.6% Pay Change -5.6% 2018 $17.6 million 2017 $18.6 million https://www.wsj.com/graphics/ceo-pay-2019/

22 straight quarters of declining revenue followed by 3 quarters of growth followed by 3 quarters of decline. Seems to me that if anything, the 3 quarters of growth were the anomaly. Driven almost entirely by the new mainframe release. This. Sadly... — read more 

I’m a former IBM employee, but I like to be informed about the company, givet that I still keep in touch with people that work there. What I would like to ask is has anyone felt any change at the company since the RedHat acquisition. Looking from the... — read more 

Asked if job cuts were planned as IBM struggles to ramp up business, Mr. Kavanaugh said the company would “take actions to address the stranded costs and structures” that would eat the majority of a projected $500 million to $700 million gain from... — read more 

International Business Machines Corp. said it switched from a three-question survey to NPS in 2015. Employees in different departments can see the NPS feedback on their phones. “What it’s become here is a shared truth,” said Kathy McGettrick, vice... — read more 

So ~2000 heads to be kept on at HCL for ~1 year and then shown the door after that. Another stealth RA via divestiture!... — read more 

Considering IBM's treatment of employees in a certain age bracket (mainly people in their fifties and above,) is anybody from that group still giving it their all knowing that ultimately it will mean nothing when the time for the next cost cutting... — read more 

Looks like it's starting in India. https://economictimes.indiatimes.com/tech/ites/ibm-sacks-300-employees-from-services-division/articleshow/69316608.cms

Layoffs coming in the US across most business units. Financials are looking terrible.

IBM is a bit of a unique case, given the portfolio churn the company has been witnessing. IBM appears to have straddled between an incumbent and challenger, finally settling in as a major player in the cloud integration (hybrid cloud space) still... — read more 

Barron's Take IBM Could Struggle in the Cloud, Analyst Says — and Watch Out for Activist Investors IBM could have “little to no growth” in earnings over the next three years—and an activist investor could intervene and shake things up, one analyst... — read more 

IBM only buying Red hat thinking that their technology innovation in cloud will save IBM and they will become number one player in Hybrid cloud market. but they don't understand 80% of companies are going with one cloud provider mostly AWS with... — read more 

"I'm not buying them to destroy them. It's a win win for our clients. It's a way to drive more innovation." https://www.businessinsider.com/ibm-ceo-ginni-rometty-pledges-to-keep-red-hat-independent-2019-5

IBM's software is dying from neglect and yesterday's technology Hardware is irrelevant Services are more expensive, lower skilled, and less profitable than competitors due to overhead and all the cuts over the years. Research is a shadow of what it... — read more 

So after all, IBM may not divest/sell anymore assets to raise money for the Red Hat acquisition! This company is on a collision course with bankruptcy, one day at the time... — read more 

I lifted this off Oracle's board here, it's relevant to us as well... The source is https://www.thelayoff.com/t/YV6U2fd or hyperlinked @YV6U2fd Here is Gartner’s take (Magic Quadrants) on Cloud DBs, Storage, and Infrastructure… We are doing very good... — read more 

U.S. powers-that-be like it, so only hope now is for jurisdictions in the E.U. or Asia to raise objections and block it. https://www.newsobserver.com/news/local/article230067214.html

https://news.northwestern.edu/stories/2019/05/trustee-and-alumna-ginni-rometty-honored-with-edison-achievement-award/ Northwestern University trustee and alumna Virginia M. (Ginni) Rometty ’79, chairman, president and CEO of IBM, received a 2019... — read more 

IBM's stock price in 1999 was $140. Now it's 2019 and the price is still $140. Executives are paid based on stock price. Employees fund it. Over a span of 20 years: 100 IBM stock price increases have been followed by 100 decreases. That has resulted... — read more 

IBM's stock price in 1999 was $140. Now it's 2019 and the price is still $140.

Last year IBM layed off all of the L1 in Tucson, yet did not hire more L1 in Sofia (Bulgaria) and they are already understaffed. L2 will now have to help L1 with their call load. Escalations will have to wait. We already have one client where L2 is... — read more 

I heard a rumor that some employees at the 3600 Steele's head office in Toronto are no longer being asked to come into the office to colocate with their Squad but instead recently were directed to go back to workimg-from-home. The reason is to empty... — read more 

IBM is not gambling in the sense that its choices are random .. it is just very very very slow like we imagine dinosaurs were. Most of the things IBM is betting on are good ideas .. 10 years ago. Being late to the game probably did not matter as much... — read more 

The Microsoft-IBM comparison is a phenomenal one. Two companies, both seeing that their core businesses were slowly dying as the markets changed, embarked on a transformation. Microsoft has wildly succeeded in that transformation, IBM has utterly... — read more 

Gherson took over as HR chief in 2013, but in her 17 years at the company, she's seen plenty of change. In 2014-15, IBM was facing "massive disruption," Gherson said, from a shift to the cloud (where software is distributed online instead of through... — read more 

Ours is a tale of woe. . . https://www.thestreet.com/investing/stocks/microsoft-soars-to-new-heights-as-ibm-goes-sideways-a-tale-of-two-ceos-14939666

This weekend the House of Mouse (DIS) put a new spin on under promise/over deliver with their latest three-hour long Avengers movie. If IBM would just do less on empty over-hype and more on delivery, we would not be in this mess. Looking at you Ginni... — read more 

Here's the results of an IBM competitor that made better business moves and adjustments in a shorter period of time. Don't you THINK IBM's Board and Executives have been given ample time to turn things around? What will it take to broom these fools... — read more 

IBM has historically had a 10-1 worker bee to manger ratio. If you drop that down to 5-1 you are still looking at 250-280k worth of worker bees. So there are plenty of places to cut. It’s all about profits, margins, and getting paid without having to... — read more 

Attrition has never been as high as it is now, so I'm curious to know where are all these people going. Do they join similar big corporations, smaller companies or startups? I'd assume it's the last two, since I doubt any other big company is any... — read more