The AI house of cards is already collapsing. Hope everyone sold their shares before this announcement. https://www.barrons.com/articles/ibm-earnings-stock-price-da520f61 IBM beat earnings estimates in its latest quarter. but its 1% revenue gain... — read more 

https://www.itjungle.com/2024/10/23/rpg-code-assist-is-the-ki-ler-app-for-ai-enhanced-power-systems/ This sure seems to show the Enterprise strategy merging over Z and Power NOTE the AI automation also coming to the forefront (eg AI modernizing... — read more 

Out of Sri Lanka. That doesn't bode well for the future.

Outsider named today. Makes absolutely no sense. Most of top marketing leadership more than qualified but passed over. Expect both voluntary and involuntary exodus.

IBM in California. https://www.marinij.com/2024/10/21/economy-jobs-tech-layoff-intel-applovin-gigamon-san-jose-bay-area/ https://archive.is/lqoIq

Dream on ! Another Watson Healthcare debacle in the making but brought to you by Alvind... — read more 

Focusing on skills can also be a way to keep people within an organization, not just hire them, according to Jon Lester, the vice president of HR technology, data, and AI at IBM. He told BI that nearly a decade ago, the average ... — read more 

Q3 results coming up this week. If the analysts are correct, then it's certainly time to sell before the smoke and mirrors are removed and the inevitable correction occurs. ... — read more 

https://www.businessinsider.com/layoffs-sweeping-us-these-are-companies-making-cuts-2024

[English translation below article link]. https://sindpd.org.br/sindpd/site/noticia.jsp?IBM-integra-lista-de-33-multinacionais-investigadas-por-formacao-de-cartel-no-Brasil;-saiba-quem-sao&id=1728659964862 Workers may have been harmed by the... — read more 

https://headtopics.com/us/massive-layoffs-at-cisco-and-ibm-erase-hundreds-of-bay-area-59294180

The two "I" and Cisco. Nice company. https://newsable.asianetnews.com/business/meta-lays-off-employees-across-platforms-including-whatsapp-instagram-and-more-gcw-slhkyx

"But the actual number of impacted workers is likely higher, as those disclosures, called Workforce Adjustment and Retraining Notifications (WARNs), are only required in cases of plant closures and federally-defined mass layoffs. If it's less than... — read more 

So according to this source, apparently it was 8K people that were broomed aside in the last RA. https://www.linkedin.com/posts/william-a-bill-brown-7241921_ibm-has-reportedly-laid-off-thousands-activity-7245542558485856256-vP7y

This whole concept of silent layoffs that are expected to last through the end of November is driving me crazy.

https://www.bing.com/videos/riverview/relatedvideo?q=Interview+with+Dan+Kotchen%2c+Attorney+for+Plaintiffs+in+the+H+1B+Visa+Trial+Cox+v.+Cognizant+%22&mid=5307E365CEAC8BE941CC5307E365CEAC8BE941CC&FORM=VIRE

https://finance.yahoo.com/news/ibm-investigates-allegations-executive-misconduct-172223702.html (Bloomberg) -- International Business Machines Corp. is looking into allegations against its China head after a letter circulating online accused the... — read more 

No clients, no problem. There's nobody to serve when your last remaining "clients" are Wall Street shareholders. https://techstory.in/tech-giants-slash-jobs-august-and-september-witness-major-layoffs/

IBM uses its profit to buy new companies for their profits, giving the illusion of growing profits. Of course this is how IBM ends up over 60 billion dollars in DEBT, but nobody pays attention to that, watch the profits that IBM is BUYING, Wall... — read more 

Chasing buzzwords/hype/memes: "IBM has a program that trains its workers to expand new skills in AI and cybersecurity."... — read more 

I was informed my last day would be 10/17. I understand many others are in the same boat. Management, said it was not performance related. But that the organization had changed direction. I needed to find another position. Fortunately, not long... — read more 

Is there a way of getting promoted outside of jumping to another team (within the same division)?

I am seeing a lot of transition activities, is RA in the cooks? Am I overthinking?

Does anyone know what AK has done well before becoming the CEO? He was running Research and Could. And before the STG manufacturing as the GM. Looks to me he has achieved nothing. Only failures and has only made cuts but built nothing. Of course... — read more 

Looking for genuine advice. I may have an opportunity to come back to Big Blue after a 10 year absence. Was there previously for almost 2 decades. Part of me would love the opportunity to come back (as I used to bleed blue) another part feels like... — read more 

https://timesofindia.indiatimes.com/education/news/tips-for-engineers-how-to-save-your-job-from-the-onslaught-of-ai/articleshow/114124444.cms

It seems the first wave passed over. The Systems Group was rather quiet. Is there any news for Power? Power sales is struggling, and it is a surprise they did not wield axes over them.

9/11: https://www.reuters.com/technology/ibm-take-27-bln-charge-related-transfer-pension-obligations-2024-09-11/ 10/10: https://www.investing.com/news/stock-market-news/ibm-stock-gets-street-high-targets-ahead-of-earnings-3655531 Who knew that... — read more 

https://www.latestly.com/technology/silent-layoffs-surge-in-silicon-valley-as-tech-giants-aim-to-avoid-bad-press-adopt-techniques-like-work-from-office-to-trigger-job-cuts-report-6323276.html

They don't even count the latest ("secret") wave at all https://www.ntd.com/us-layoffs-up-53-percent-in-september-from-previous-year_1020923.html

the buzzwords department, too https://siliconangle.com/2024/10/02/kyndryl-launches-new-consulting-services-customers-struggling-copilot-microsoft-365/

https://www.theregister.com/2024/09/24/ibm_layoffs_ai_talent/ https://www.theregister.com/2024/09/18/ibm_job_cuts/ https://www.theregister.com/2024/10/01/kyndryl_layoffs/

No surprises but IBM got a mention... https://www.msn.com/en-us/money/news/job-losses-mount-in-tech-ibm-cisco-and-microsoft-slash-workforce-amid-market-challenges/ar-AA1rwq3I?ocid=msedgntp&pc=w099&cvid=4073d2a200be4e76ae1943bb0261a0c0&ei=20

"The higher-ups will use alternative words and phrases to cover "unpleasant" situations and decisions. Whatever helps them sleep at night, I guess. But it's a bit creepy to hear the people having it done to them using the exact same... — read more 

How considerate to not even give a timetable. I have a spring in my step every day going to work and expecting it to be the last. Workplace is also full of good vibes. My team is achieving all-time highs. Lovely times all around.

https://www.theregister.com/2024/10/01/kyndryl_layoffs/

https://economictimes.indiatimes.com/jobs/mid-career/from-microsoft-to-ibm-tech-layoffs-cross-1-lakh-mark-as-companies-brace-for-more-cuts-ahead/articleshow/113838391.cms

"Public notices filed via WARN (Worker Adjustment and Retraining Notification) letters show that in California alone, IBM laid off 54 employees in Santa Clara County and 57 in San Francisco County"... — read more 

The latest one was the same day as the RA. What is the purpose of all of these ? Just for Alvind to puff his chest out and brag about acquiring smaller companies ? So there’s no money for modest raises or GDP but they’re borrowing money at 7% to... — read more 

My site had the first layoff ever in its 20 year existence and it appears management is preparing for more waves. What does this secret layoff thing mean? You can’t tell anyone you were laid off? Can you apply for u employment?