At least for Software. The RTO mandate that came down in January for managers and execs, requiring that they be relocated to a "strategic site" by Aug 1st. How many are going to start vanish over the next few weeks? I know there's a lot of hate... — read more 

https://www.barrons.com/articles/ibm-earnings-stock-price-dividend-4c491abe By: Tae Kim Updated July 24, 2024 4:41 pm ET / Original July 24, 2024 2:00 am ET IBM reported second-quarter earnings results that came in ahead of Wall Street... — read more 

Anyone watch 60 minutes this Sunday? 60 minutes opened with a discussion on Quantum Computing and Dario Gil from IBM made it sound like we will really see some real meaningful usage of Quantum Computing soon. 60 minutes made it sound like that... — read more 

Looks like most mid-managers and employees list is getting prepared! AI impact has already started

https://finbox.com/NYSE:IBM/explorer/total_debt

https://tribune.com.pk/story/2482928/ai-to-replace-85-million-jobs-by-2025-wef-report

https://finbox.com/NYSE:IBM/explorer/total_debt

Data breaches linked to mass layoffs: How corporate cuts could cause cybersecurity crisis https://studyfinds.org/data-breaches-linked-to-mass-layoffs/

https://fortune.com/2024/07/12/ibm-chro-lessons-from-initial-ai-rollout/

https://www.cityam.com/ibm-ai-demand-boosts-uk-profit-by-more-than-100m/ https://www.business-live.co.uk/enterprise/ibm-uks-profits-soar-over-29594258

https://timesofindia.indiatimes.com/technology/tech-news/sundar-pichai-satya-nadella-mark-zuckerberg-and-other-tech-ceos-on-why-companies-are-making-job-cuts/articleshow/111560240.cms

According to Wikipedia, in the 1960s there were 9 major computer companies in the United States: Burroughs, Univac, NCR, Control Data, Honeywell (the five being known as the BUNCH), DEC, GE, RCA and finally IBM. Except for IBM and maybe NCR, none... — read more 

Unless IBM makes some sort of breakthrough in something that we've got a niche in and that leads to significant profits (the only thing I can think of here possibly is Quantum - although I'm not even sure what market that may end up being / how... — read more 

I think Kendyl will do good as they have IBM legacy system and services?

https://infotechlead.com/networking/ibm-acquires-sixworks-to-bolster-public-sector-business-85747 How much did IBM spend on this ? Website http://www.sixworks.net Revenue $8 million Employees 122 (85 on RocketReach) Founded 2017

For the oldies but goldies out in the audience, there once was a company called Bell and Howell. It was founded in the 1900s, and was famous for cameras, lenses and motion picture machinery. Anyone who went to grade school in the 1970s or 1980s... — read more 

After reading all these post, it is clear we are watching once a great company on a path to diappear. Following the footsteps of Kodak and many others. What a shame! :-( Do you think AI will save it?

“We believe that IBM is in the middle innings of pivoting its portfolio to a suite of modernized application and infrastructure software and a broader array of services, away from a legacy- focused portfolio,” Goldman Sachs’ analyst ... — read more 

Please name ANY recent innovation that IBM has created in 2024 which will bring significant monetary value in AI, Quantum computing or any other BS technology areas. Companies die off and new ones spring forth - it is how the circle of life goes on... — read more 

You could be next, folks! https://www.theregister.com/2024/06/20/ibm_and_kyndryl_again_sued/?td=keepreading

Been at IBM for three years now. It’s obvious it’s in maintenance mode with tendencies towards downward spiraling. In other words, none of us have a future here worth staying. I will stay for another three to four months while actively looking for... — read more 

Hearing about Band D and other roles being de-banded and the people in those roles being offered a band reduction or a package to leave. Also no promotions at all (even B6 to B7 for example), including low cost countries. So yay for career... — read more 

Just got 30 days notice, reason plan changed and train people in Brazil before you leave. When will this stop?

I know at least three who are currently unemployed. I never quit and even with all the layoffs, I am still here, still employed, still earning good pay. People really thought the grass was greener and sc--wed themselves over in the long run. Goes to... — read more 

Sounds like another incentive for IBM to replace more jobs with AI, as guessing the pay of "AI employees" doesn't have to be... — read more 

I have not received RSUs (Restricted Stock Units) this year yet, not sure if it is because I was not selected (happens often) or because they have not given the RSUs yet. Does anybody know? thank you

There has to be some tight tie-up between some high-ranking IBMers and folks at Hunt Scanlon in order for them to bestow this award upon AK. Otherwise it's one he||uva grand... — read more 

I thought this topic would have this site buzzing. I just watched the June office hours a couple of weeks late because I've been too busy, and was very happily surprised to hear Arvind say that RTO applies to managers and execs and no one else other... — read more 

https://nypost.com/2024/06/20/tech/red-state-sues-tech-giant-ibm-over-diversity-quotas/ Missourians deserve answers as to why IBM, with offices based in Missouri, is discriminating against both prospective and current employees.

The lawsuits for AK's discriminatory practices are piling up. AK and the others in the DEI cabal are going to face their reckoning. https://ago.mo.gov/attorney-general-bailey-files-suit-against-ibm-for-violating-the-missouri-human-rights-act/

Older workers, it's claimed, were given impossible performance goals to create baseless negative performance reviews as a pretext to get rid of them. https://www.theregister.com/2024/06/20/ibm_and_kyndryl_again_sued/

Huge layoffs in play for sub contractors and roll offs for IBM staff. We have Mike Simon to thank for that. They are trying to keep it internal while sending out emails from Mike that pretty much say watch your a-s because he's coming for your... — read more 

Both companies are being sued AT THE SAME TIME! Download the Complaint "A cadre of top executives developed and implemented the plan while the Human Resources and Finance we-ponized artificial intelligence and scoring algorithms against IBM’s older... — read more 

https://www.peoplematters.in/news/technology/indian-ceos-struggle-with-effective-ai-governance-ibm-study-41765

https://eurweb.com/2024/mcdonalds-halts-ai-drive-thru-following-mistaken-orders/

There is a quote that says: 'The true definition of character is how you treat people who can't do anything for you in return.' (from Thea Nishimori)."

How many of these do you see? Here are things to look for with an organization that may be in trouble – some before the obvious red flags appear: Isolation. Top leaders isolate a bit more and communication is reduced. Vendor payments are slowed down... — read more 

Nice. https://www.tomshardware.com/tech-industry/quantum-computing/commodore-64-outperforms-ibms-quantum-systems-1-mhz-computer-said-to-be-faster-more-efficient-and-decently-accurate

McDonald's told franchise operators on Thursday that it is removing AI order-taking technology from over 100 drive-thrus, marking the end of a test period conducted with IBM. Who could've ever foreseen this outcome. ( Original post from... — read more 

Meta realized its costs were and are out of whack given its management team staffing. IBM needs to take these lessons to heart as they are the competition. Over the last 18 months Meta has reduced 25% of its headcount... — read more