So IBM pays 5k for relocation expenses. The smart thing to do would be to store 5k in a separate bank account and pretend you will relocate while doing the bare minimum. This is equivalent to 4 months of pay at the expense of IBM while you actively... — read more
Power partnership may be coming into focus
https://www.itjungle.com/2024/04/22/lightedge-acquires-connectria-to-round-out-each-others-power-play/
I'm looking forward to the next RA
Since I turned 50, I realized how precarious my position is here. Knowing that my days are most likely numbered has been strangely liberating, though. I no longer fear being let go. I'm in a new state of mind where I accept that if I have to go... — read more
acquisitions_by_IBM
After seeing the new acquisition of hashicorp from IBM, it got me wondering, how many of these were actually successful? A quick look at Wiki and its astounding how many companies have been su-ked into IBM. I am trying to think, out of all them -... — read more
Raleigh HQ
We can’t have a company we acquired continue to run things as though we don’t exist. It’s an absolute mess when you have managers whose sole job is to conduct skip level meetings (well, they also have to travel but that’s perks when you have made... — read more
RTO for ALL Software announced
Manager meeting was today all impacted employees will be notified tomorrow (Tuesday). Employees further than 50 miles from a "strategic" site will have to relocate or separate. Ironically they are calling this one "Software Co-Location" rather than... — read more
Employees failed IBM
Rafi Ezry says employees let ibm down in all hands meeting. Still shocked by his comment.
IBM layoffs the day of the results
"They also just laid off in Mexico without any notice last day was yesterday." https://www.thelayoff.com/t/1sbD31oW
AK spends billions to stay in the job
How AK $34B buying Redhat has done? Has IBM got a ROI and revenues growth after so many years since buying? AK has discovered a trick to stay the CEO. Spending billions to get a new lease on his job as now he needs be allowed the time to complete... — read more
Investing.com falling for the "AI" hype (vaporware)
"IBM (NYSE:IBM) (IBM) stock slid 8.6% on weak first-quarter earnings, while the firm also announced a $6.4 billion deal to buy software company Hashicorp (HCP), up 4%, expanding its cloud-based software products to tap into an AI-powered bo-m in... — read more
Remote Work Is a Leadership Ki-ler
Anyone who thinks that AK isn't in touch with former CEOs and vice versa, is deluding themselves. Get ready for the imminent RTO announcement for everyone, managers as well as... — read more
IBM falls on weak consulting sales, overshadowing HashiCorp deal
https://www.straitstimes.com/business/companies-markets/ibm-falls-on-weak-consulting-sales-overshadowing-hashicorp-deal
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
So much for that AI bump. Will need more RAs than forecast to offset that. https://www.cnbc.com/2024/04/24/ibm-q1-earnings-report-2024-ibm-to-acquire-hashicorp.html
when are salary increases communicated this year?
I'm in software, got excellent reviews, so far no communication about salary increase. Does that mean I will get no increase?
What IBM needs is a good ole' fashioned hostile takeover.
This is based on nothing more than it would be fun to watch.
AI AI something AI something something AI AI AI... all buzzwords, no substance
https://finance.yahoo.com/news/ibms-moment-truth-earnings-expected-230654255.html
China Intensifies Push to ‘Delete America’ From Its Technology
As China focused on replacing hardware, IBM’s China revenues have steadily declined. It downsized its China research operations in Beijing in 2021, more than two decades after it opened. That decline will continue as long as IBM... — read more
IBM nears deal to acquire Hashicorp
https://www.investors.com/news/technology/ibm-hcp-hashicorp-acquisition-report/ A moment of silence, please.
I see you inherited our former Security President
Enjoy. He loves to travel and travel and travel and travel and show boat and travel some more. If he stands still he may actually have to do some work.
IBM Layoffs 2024: Employees Asked to Voluntarily Resign Amidst Tech Sector Turmoil
https://onlinewiki.in/wiki/tech/internet/ibm-layoffs-2024-employees-asked-to-voluntarily-resign-amidst-tech-sector-turmoil/
RTO attitude changes
With NA’s head RTO cheerleader C.A. out, will the push for RTO change to a more sensible level?
"This topic hits close to home for Van Alstyne, whose mother experienced a layoff from IBM in the early ’90s, putting them into tight financial"
https://uk.finance.yahoo.com/news/m-retirement-planner-6-ways-110025102.html
How to make loads of people resign (no layoffs/severance pay): "IBM has issued a relocation ultimatum to its US managers"
https://trak.in/stories/top-10-biggest-it-companies-that-have-stopped-work-from-home-for-millions-of-employees/
IBM accused of wage theft by denying overtime pay ? The Register
https://www.theregister.com/2024/04/18/ibm_wage_theft/
March 2024 Layoffs: IBM, Stellantis, and Evonik Lead Major Job Cuts
https://www.whatjobs.com/news/usa/us-employment-news/march-2024-layoffs-ibm-stellantis-and-evonik-lead-major-job-cuts/
Curiosity
If you are a band 7 at IBM can you get hired internally for a band 8 or band 9 position?
The lawyers smell blood/money in IBM Canada
https://stlawyers.ca/blog-news/ibm-canada-layoffs-severance-packages/
"IBM have already announced job cuts related to AI."
meaningless nonsense, vaguely defined, go-to excuse. https://www.businessinsider.com/layoffs-sweeping-us-these-are-companies-making-cuts-2024#nikes-up-to-2-billion-cost-cutting-plan-will-involve-severances-1
Global D&I team has been cut in half
Now this is exactly who RAs should be targeting. https://www.facebook.com/alliancemember/posts/pfbid0kUTRPBTYAGHkyRspawjs7R4pBUFyaf1PWqt3vDUub6w5oncsgznfzZSbZ24m7fcJl
Tech giants hatch a plan for AI job losses: Reskill 95 million in 10 years
A consortium that includes Google, IBM, Intel, and Microsoft has a lofty goal: Reinvent the careers of workers whose jobs may be lost to AI. It's all part of the... — read more
"* IBM (NYSE:IBM) plans to lay off some employees in 2024 but will hire more for AI-centered roles."
https://www.investing.com/news/economy/factboxus-canadian-companies-kick-off-2024-with-layoffs-3378048 "AI" as in vapourware, hype, buzzwords, CG with a new brand ("GAI") and Ponzi scheme-like market growth despite no profit/use cases
IBM to lay off hundreds in Bratislava
https://spectator.sme.sk/c/23314584/ibm-to-lay-off-hundreds-in-bratislava.html
IBM Canada Layoffs in April: Cuts affecting long-serving staff, reports
https://stlawyers.ca/blog-news/ibm-canada-layoffs-april-cuts-affecting-long-serving-staff/
RTO for EVERYONE (US)
Brace yourselves; I was told today that RTO for all US employees was set to be announced last Monday, and then this past Monday. Not sure why it was postponed (Easter? Eclipse?) but now hearing that it may be this coming Monday. Managers will... — read more
Layoffs
Do the mainframe business units get hit for layoffs pretty often?
RAs in Global Administration Executive Assistants in CHQ/Armonk & North Castle
https://www.facebook.com/alliancemember/posts/pfbid0iPzU4M2iR45aZXyMSYrhHmzVCTsFmCg7feNMso7NYxsEsyrPkjUBWm8GXmALKTSfl
Zero job growth in information (CNBC)
The news is showing zero growth in information. https://www.cnbc.com/2024/04/05/heres-where-the-jobs-are-for-march-2024-in-one-chart-in-one-chart.html The recession is here for people in IT.
Red Hat tries on a McKinsey cap in quest to streamline techies' jobs
https://www.theregister.com/.../27/red_hat_hires_mckinsey/ In IBM parlance "Streamline = RA = Fire!
Extremely tight job market
I finally got a good offer I'm considering accepting and it took me nearly seven months of active job search to land it. I've never seen the job market this tight. Let me be clear, I did get quite a few offers in the past seven months, but none of... — read more