May be some divestirures which would reduce the number of employees, but not layoffs., at least not at the bottom. IBM has already cut to the bone the people who are actually bringing in the revenues. As an example the various Lab Services teams have... — read more
They are coming
Before June 30. Some performance based (with minimal backfill), and some straight cuts. Not sure scope or scale, but some are definitely planned.
D--g Discovery Down!!!
All cheer i b m https://www.theregister.co.uk/2019/04/18/ibm_watson_health/
IBM Board
T - 9 days. IBM board DO YOUR JOB. Yes it’s ugly, BUT that’s why you get paid the big bucks Everyone is exhausted and tired of excuses. 7 years is enough. No one is going to accuse you of jumping the gun, and not giving her enough time. IF YOU CAN’T... — read more
ginni rometty is ......
a useless no good person.
IBM shutdown manufacturing in Singapore
Great news for folks in Singapore
What can IBM afford to dump revenue wise
The real question is what can IBM afford to dump revenue wise. IBM has become hyper sensitive to any drop in revenue and has managed it’s restructuring around it. If you downsize GTS by 1/3 can IBM absorb the drop of 8 billion. The same will be said... — read more
IBM halting sales of Watson AI tool for d--g discovery amid sluggish growth
And more fallout from the poor 1Q19 Results -- https://www.statnews.com/2019/04/18/ibm-halting-sales-of-watson-for-d--g-discovery/
Any Layoffs at IBM?
I come to this board from time to time and I see a lot of debate about various subjects related to the company, but very little or none talk about actual layoffs happening. Does that mean that non happened recently? Is that even possible at IBM?
Now would be great time to let Ginni Rometty go
The timing is very very good. A very weak quarter, markets are stable and the macro outlook looks placid. It's time to pull the plug and pump in some fresh blood into the system. Let's have a CEO with a tech vision, someone who can turn things... — read more
IBM's Top-Line Performance Continues to Raise Red Flags -- Tech Check
The IT giant's shares are lower after it beat EPS estimates but missed revenue estimates. A closer look at its numbers shows it's under performing in several areas... — read more
The analysts briefing
So the analysts briefing (available on the stock holders relation page) was interesting. IBM has rearranged the 4 divisions to cater to Cloud. Cognitive expands, GBS stays approx the same with some slight modification, GTS downsizes, and Systems... — read more
Year After Year, IBM and CEO Rometty Disappoint
A true disappointment indeed. . . https://247wallst.com/technology-3/2019/04/17/year-after-year-ibm-and-ceo-rometty-disappoint/
IBM stock slips after revenue shortfall
1Q19 Results are out & they aren't very pretty. https://www.cnbc.com/2019/04/16/ibm-earnings-q1-2019.html
Fired NZ "computer company" [IBM] vice president awarded $189,950 for unjustified dismissal
https://www.stuff.co.nz/business/111989386/fired-nz-computer-company-vice-president-awarded-189950-for-unjustified-dismissal
IBM shutting its Tampines plant, laying off more workers
Looks like it's starting in AP first. https://www.todayonline.com/singapore/ibm-shutting-its-tampines-plant-laying-off-more-workers
Langley Age Discrimination Update
https://www.theregister.co.uk/2019/04/11/ibm_age_discrimination_whistleblower/ IBM bid to unmask age discrimination whistleblower goes down in flames Judge can't believe IBM, with its Watson AI, needs help finding out about its own documents By... — read more
What do you pay for health insurance?
Whether you are employed, unemployed or retired - can you please share what you pay for health insurance and what do you use? Is it Cobra, ACA, other private insurance?
I left my engineering role at IBM to take a technical evangelist role in the Microsoft developer experience org in 2016...
Continue reading @YwhQ5Jg or https://www.thelayoff.com/t/YwhQ5Jg
JEDI Masters Say Final NO to IBM Cloud
Not that there was ever much chance of IBM realistically competing with Amazon or Microsoft, but the final shoe for IBM has dropped. Perhaps this means more cloud and/or salespeople will be redundant... — read more
Google just usurped IBM's Red Hat strategy
https://techcrunch.com/2019/04/09/googles-anthos-hybrid-cloud-platform-is-coming-to-aws-and-azure/ The whole idea behind the Red Hat acquisition was to create a software abstraction layer based on K8 that enables hybrid cloud and multi cloud... — read more
IBM AI is 95% Accurate
Recent story: “IBM AI Can Predict with 95% Accuracy Which Employees will Quit” https://www.cnbc.com/2019/04/03/ibm-ai-can-predict-with-95-percent-accuracy-which-employees-will-quit.html Here’s what I think was really said: "IBM AI makes 95% of... — read more
Divest? GTS? GBS? Other?
I doubt IBM will part with GBS. That’s where the announced go forward strategy resides. (see IBM annual report) Rather I believe they will trim/sell the old GTS parts. Most of these are now encapsulated into TS&C. (again see the Annual report pages... — read more
IBM (IBM) Stock Sinks As Market Gains: What You Should Know
Investors will be hoping for strength from IBM as it approaches its next earnings release. On that day, IBM is projected to report earnings of $2.22 per share, which would represent a year-over-year decline of 9.39%. And the perpetual, much... — read more
IBM Divests Marketing Platform and Commerce Software Offerings
Many here have been waiting anxiously for some divestiture news from IBM. IBM has finally obliged. No... it is not GBS or GTS or Hardware but still... — read more
Marketing and Commerce out the door
https://newsroom.ibm.com/2019-04-04-Centerbridge-Partners-to-Acquire-IBMs-Marketing-Platform-and-Commerce-Software-Offerings-to-Form-Standalone-Marketing-and-Advertising-Technology-Company
Whatever happened to the Watson Health "Moon Shot"?
It's like it just vanished in a puff of smoke.
This is all about cost reduction
It’s not workforce reduction, it’s cost reduction. IBM is focused on costs and has forgotten about innovation and relationships. If you don’t have something innovative to sell, you need to focus on relationships to tide you over the innovative... — read more
IBM Trying To Find Leaker of Age Discrimination Docs
https://www.theregister.co.uk/2019/04/03/ibm_source_lawsuit/
IBM AI Can Predict with 95% Accuracy Which Employees will Quit
IBM AI Can Predict with 95% Accuracy Which Employees will Quit https://www.cnbc.com/2019/04/03/ibm-ai-can-predict-with-95-percent-accuracy-which-employees-will-quit.html Maybe they should do a tool for the employees so they can predict whether they... — read more
IBM is transforming to cloud
Like it or not, if you are old within IBM you are viewed as non-essential. HW is being abandoned at an expedited pace. Expect Storage to be gone by June. Scale out power soon there after. Outsourcing will follow, with TSS associated HW also going... — read more
Storage
So do IBM's storage announcements give us a glimmer of hope to take business away from the competition, or is this just lipstick on a pig? Lower pricing, but is margin improving, and what about legacy storage?
Give up on age discrimination
I see this issue raised over and over again as if nobody knows it's happening. It is. Everybody knows it's happening. But don't expect anything to change because everybody knows about this. Remember that article a while ago that put together actual... — read more
Gray Hair Elimination
IBM purged ‘gray hairs’ and ‘old heads’ as it launched ‘Millennial Corps’: lawsuit Tech titan says courts have rejected theories underlying suit Source:... — read more
Former Colorado IBM employees sue tech giant for violating federal age-discrimination laws
Former Colorado IBM employees sue tech giant for violating federal age-discrimination laws https://www.bizjournals.com/denver/news/2019/03/27/former-colorado-ibm-employees-sue-tech-giant-for.html
Overheard layoff chatter, RTP 3/25 - anyone else?
I heard people talking today about layoffs coming at the end of this week. I tried hearing more but could not pick it out. I'm in bld 062 marketing but was in bld 002 at the time. Has anyone heard any details?
Ginni Layoffs
So we urge the technology industry to formally rename the key executive officers appropriately: Tim Apple, Larry Oracle, Satya Microsoft and Ginni Layoffs?
Where is age not a liability?
We all know age is a liability at IBM - there was a whole article on that a while ago - but is there a place where it's not? Where somebody in their late forties and up can find a good job that pays well? Because I've been looking, and I haven't been... — read more
2018 annual report
IBM lays out their business model going forward (page 23 and 24 of the report see below) NOTE the “enterprise” emphasis. I interpret this to mean “scale out and low margin businesses are to be de-emphasized”. A couple of interesting reading points... — read more
IBM to train over 1 million female students in India in 3 years
Gotta get the sweatshop workers at least mildly prep.'d before transferring the work. Expect to see a big RA in ~3yrs. https://www.businesstoday.in/current/corporate/ibm-to-train-over-1-million-female-students-in-india-in-3-years/story/326787.html