Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

Trying to confirm

Hello, someone I know who works for IBM told me that IBM converted his vested rights pension into a cash balance plan. This was years ago because now he is thinking of leaving. He told me that IBM was putting some money in this acct. each year and... — read more 

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| 1350 views | | 5 replies (last April 18, 2016)
Post ID: @OP+GUQhgOK

Death Spiral - The Experts Agree

At least a few wise analysts are seeing beyond the smoke and mirrors and "value" BS that is being driven by an inflated and propped up PE ratio and stock price. These guys really have it right. I can't wait until 1Q earnings report on Monday... — read more 

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| 1430 views | | 6 replies (last April 20, 2016)
Post ID: @OP+GTDTsqa

Layoffs at Silicon Valley Lab in Coyote Valley

The Silicon Valley Lab, located at 555 Bailey Ave., is one of IBM's two large complexes in San Jose http://www.bizjournals.com/sanjose/news/2016/04/12/ibm-layoffs-hit-coyote-valley-campus-in-san-jose.html IBM sent the layoff letter on March 31, a day... — read more 

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| 970 views | | 1 reply (April 14, 2016)
Post ID: @OP+GTnHQu2

IBM's Karaoke Patent

We are about to be saved with this technological breakthrough: Assignees: International Business Machines Corporation IPC8 Class: AG11B2719FI USPC Class: 386241 http://www.patentsencyclopedia.com/app/20150055934 A digital audio/video (A/V) content... — read more 

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| 620 views | | 1 reply (April 15, 2016)
Post ID: @OP+GT2HPiz

Returning to IBM after Layoffs

I wanted to share my experience – I came back after being RA’d a while ago (Midwest). I came back to my own building and I was shocked – this, once bustling place, was a ghost town. Three floors were closed and everyone was crammed on a single floor... — read more 

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| 960 views | | 2 replies (last April 16, 2016)
Post ID: @OP+GTN0zZg

Saturn and Solitude

Someone reported yesterday on the watching ibm facebook page: "Heard a rumor today - 2nd round of layoffs coming shortly - the 1st 2016 round was called Saturn - this 2nd round will be Solitude - evidently HR was overwhelmed and couldn't handle all... — read more 

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| 1520 views | | 3 replies (last April 16, 2016)
Post ID: @OP+GTueQsv

Gird your loins

Earnings now 6 days away....Ginny's going to prove her mettle.

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| 630 views | | 3 replies (last April 13, 2016)
Post ID: @OP+GS0kgwd

Rebadged

As part of an IT consolidation project our entire staff has been absorbed by IBM. I work as an developer and DBA. We have one year guaranteed employment. The pros are that I get to telecommute 100% of the time. But I feel uneasy as I think that they... — read more 

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| 3470 views | | 9 replies (last April 29, 2016)
Post ID: @OP+GSMj89Z

True Colors

This board is filled with IBMers who feel a sense of entitlement and who believe that the the world owes them a secure, well-paying job until retirement. The IBMers here believe their jobs are a birthright and now feel betrayed. The real world isn't... — read more 

IBM Hiring Bias - Advice Needed

Need some tips on overcoming anti-IBM bias while searching for a new job - I think most of us here understand fairly well what I mean by this.

Has anyone found a new job through IBM's internal process. I have run into the "Blue Wall" and am at the point of giving up.

Has anyone found a new job through IBM's internal process? I have run into the "Blue Wall" twice and am at the point of giving up on the internal process. No comments about finding a job outside of IBM, You do not know my situation and I just was to... — read more 

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| 3270 views | | 5 replies (last April 7, 2016)
Post ID: @OP+GMEDJAE

Fight Back!

Cringely has done a lot of work on behalf of screwed IBMers and has a good plan to fight back in his new article. If every RA'd IBMer over 40 follows through on this simple thing, we may get traction. It's easy to do, can be done anonymously, and... — read more 

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| 930 views | | 1 reply (April 6, 2016)
Post ID: @OP+GMMPimp

Your Tax Dollars at Work

IBM touts its various products and platforms, such as Bluemix, as being able to create apps in minutes. So, either they did that and completely ripped off the US government (as they did to Queensland, AUS and many others) by charging US$47k or they... — read more 

Gird Your Loins

IBM to report 1Q earnings in 2 weeks.

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| 495 views | | no replies yet
Post ID: @OP+GKReIYi

Major Job Cuts 2016: Canada, Europe, Australia

Last week Toronto and Ontario were hit big time, the RA was massive and somewhat expensive. This was building up on what happened Europe (Germany, Holland) and Australia in recent weeks - this was massive too, with almost 1000 folks (sales) hit in... — read more 

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| 961 views | | 1 reply (April 4, 2016)
Post ID: @OP+GK4gywV

Miscalculation

Thought I was joining a great company 3 years ago. I wasted 3 years of my life

IBM Resource Action News Summary 4/3/16

IBM Reportedly Plans More Layoffs As Its Cloud M&A Spree Continues http://seekingalpha.com/article/3962353-ibm-reportedly-plans-layoffs-cloud-m-spree-continues Microsoft Keeps BUILDing, IBM Reportedly Preps Layoffs, And Intel Launches New Server... — read more 

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| 1060 views | | no replies yet
Post ID: @OP+GJv4hLC

Layoffs Next Week

From: http://govtslaves.info/report-ibm-employees-bracing-massive-layoff-starting-next-week/ (DH Kass) Last October, IBM (IBM) chief executive Ginni Rometty vaguely hinted the company’s self-styled makeover to analytics, cloud, mobile and security... — read more 

Zombie employee status after RA.

I was RA'd back on March 2nd and my last day is May 31st, which is in about 2 months. Thus far I have had zero motivation to continue working, and it's taking a toll on me and all my colleagues. How am I supposed to find any motivation to keep coming... — read more 

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| 1610 views | | 6 replies (last April 21, 2016)
Post ID: @OP+GFYCTmM

Watching IBM

This was just posted on Watching IBM Facebook page This just in: Next round of RA in US is imminent. HR to hold meetings this week. Pretty deep cuts in tech sales for US. 17% of the tech sales force is to be RA'd to make room in July for new Open... — read more 

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| 2190 views | | 5 replies (last April 1, 2016)
Post ID: @OP+GFfVZsJ

no more layoff actions ??

IBM Korea also took layoff action this Mar.. What I wonder is whether layoff will happen more than couple of times this year, or no more.. Pls share any rumors that you heared..

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| 501 views | | 1 reply (March 31, 2016)
Post ID: @OP+GFRg8nJ

2016 CEOs to be Fired: Virginia's number 2

This is by 24/7 Wall Street - Ginny's #2 - http://247wallst.com/special-report/2016/02/25/ceos-who-have-to-go-in-2016/2 IBM (NYSE: IBM) CEO: Virginia Rometty Year started: 2012 One year stock price change: -18.9% Annual compensation: $19.3 million... — read more 

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| 1453 views | | 1 reply (March 29, 2016)
Post ID: @OP+GE6CKCV

Vanguard

The plan newsletter is now at www.vanguard.com/ibm401k Did they dump Fidelity and forgot to tell anyone?

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| 861 views | | 2 replies (last March 29, 2016)
Post ID: @OP+GEGILXD

CEOs Who Have to Go in 2016

2 any surprise ? http://247wallst.com/special-report/2016/02/25/ceos-who-have-to-go-in-2016/2/

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| 580 views | | no replies yet
Post ID: @OP+GD53ykG

SWG used to be the "place to be."

When I came in around 15 years ago, people were motivated, well trained, advocates and evangelists of the product and the company. It's a wasteland now. I don't know a single person that doesn't despise the company and the products. Even one... — read more 

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| 1170 views | | 5 replies (last April 3, 2016)
Post ID: @OP+GBoyw3N

Are execs thinking about employee morale at all?

I guess that should play a role in the company's success? Right? So, if you constantly ship jobs overseas and cut resources domestically, how can you be successful? Intense focus on transformation has resulted in massive restructuring and also... — read more 

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| 802 views | | 3 replies (last March 26, 2016)
Post ID: @OP+GAJ14s5

IPAT Assesment

Silence. It's been over a month since I've completed it. Is this normal? Or, do the layoffs at IBM prevent the company to proceed? I was applying to IBM Emerging Technologies Internship program.

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| 930 views | | 3 replies (last March 31, 2016)
Post ID: @OP+GzSxmss

IBM is selling us

20 years with IBM, always bled blue. Last week, out of (sic) blue - an all-hands meeting - 300 of us "sold" to an Indian company. Cannot look for other positions in IBM, cannot be rehired for 24 months (by IBM). So, 20 years of tenure, just wasted... — read more 

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| 2320 views | | 8 replies (last March 31, 2016)
Post ID: @OP+GyiCKfR

Why?

It was just announced that GBS will lay off 750 out of roughly 3000+ employees in Benelux region. Looking at the quarterly results, GBS was still profitable and growing year over year and quarter over quarter recently. Not sure why GBS has to take... — read more 

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| 722 views | | 1 reply (March 26, 2016)
Post ID: @OP+Gy2c74v

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