Divestitures and site closures: a familiar playbook. Watch for more of the same before year's end... — read more 

https://finance.yahoo.com/news/francisco-partners-acquire-weather-company-120000245.html

IBM will go the way of GE: a former industrial powerhouse ruined by the relentless drive to report increasing revenues demanded by Wall Street’s relentless quarterly reporting cycle. One of GE’s sins was to “disturb” exiting contracts in order to... — read more 

~2 minute clip from AK. He's apparently in Singapore for some conference touting all the RAs that AI will produce and how that will improve quality of life. Notice the s h i t-eating grin on his face while he's explaining all of this? Aug 22, 2023... — read more 

First, why do we need to talk about our culture? Mostly because that's the reason that Rob T. and Arvind K. want you to drive 90 minutes into the office: to experience our culture. This is a true story and I wish it wasn't. Undoubtedly, a lot of... — read more 

I don't understand how IBMers are like sheep. They're layoff and then their manager push an "exit agreement" and they sign? For what? To be nice thinking they'll be they will be hired after training or whatever? For getting a lot of severance... — read more 

Analysts at Melius Research think IBM’s consulting business could use AI to cut labor costs through automation, describing the transformation as a potential “golden age” for the industry. ". . .cut labor costs. . .": RAs occurring... — read more 

Former Watson Health business segment now under IBM Consultants umbrella, victims of the MOVEit hack in Colorado and Missouri... — read more 

Watch for a divestiture of a hardware segment (low-end Power, Storage probably lead the odds) coming very soon. . . https://www.barrons.com/articles/computer-server-demand-ai-dell-hewlett-packard-enterprise-fc5a0d1b The demand for traditional... — read more 

I can understand people not liking it here, but please stop saying things that are factually not true just because you hate the company. Ask any recruiter, having IBM on your resume is a huge asset. The company still has a good reputation and carries... — read more 

Having IBM on resume is embarrassing. I don't know why people want to continue working for IBM?

Maybe I am too young and naive, but I am honestly dismayed at the direction to sell unfinished enterprise software products as complete, "AI-powered" solutions (which actually are not AI-powered in any way). This strategy is a recipe for disaster... — read more 

The most exposed companies are in a range of industries, suggesting the wide scope of generative AI’s potential impact. International Business Machines [IBM -0.15%], Nvidia and Microsoft [MSFT 0.34%], all deeply involved in ... — read more 

The complicating factor for investors is that IBM won’t say how much of its revenue is tied to AI. Krishna says the number is impossible to compute. “Our mainframes have AI circuits—so is the mainframe business AI? I am going to do ... — read more 

Rats are slowly jumping ship. https://finance.yahoo.com/news/international-business-machines-insiders-sold-140104767.html

In Looking at the layoff Web site for IBM, HPE, Microsoft, Amazon, etc, there are numerous negative post for each. Who is the worst IT vendor company here in terms of treating their employees like cr-p? Of course I heard Oracle takes the icing on... — read more 

I was in the organization (I won't say where) of GTS that came up with the "on demand computing" and "utility computing" concepts. It's rear view thinking at this point, but on a Gartner quadrant chart IBM would have ranked high in vision but... — read more 

What law firms have people talked to in the past about RAs and potential discrimination?

Is Motley Fool a wholly-owned subsidiary of IBM? https://www.fool.com/investing/2023/06/27/will-ibms-ai-investments-actually-pay-off/

The managers get told who to let go and the HT drones and Legal provide a script on what to say. They can't grow a business so just keep dumping people and move the work to low wage countries. Why are people still surprised by this? This has been... — read more 

Rob Thomas is the single most worse thing for IBM shareholders and employees. This id--t reads something on the internet and tries to shift the entire company toward it. He is the biggest scam artist ever. Make some more videos, and no one believe... — read more 

HR just sent a memo that the payment date made in 2024 for 2023 US GDP performance is being moved from Mar 15 to Apr 8 under the guise to give Mgrs. more planning time ... haha, yeah right :) Since Checkpoint Reflections typically close out in... — read more 

I am wondering how employees of entities that IBM acquires are treated long term. Do they typically stick around for a 6-9 month transition/knowledge sharing timeframe and then get let go or do they have any viable longer term future at IBM? What... — read more 

A quarter of a million dollars in college education; Then they get a job at companies like IBM to get replaced by cheaper work visa employees who have been brought over here: what a cool system!

https://www.reddit.com/r/IBM/comments/154zqq4/not_allowed_to_hire_americans_for_backfills/

I came across this Steve Jobs quote which aligns with IBM - particularity with the sales executives and management. Guess which part of the quote? “In weak companies politics win, in strong companies best ideas win”. This is a big reason why top... — read more 

The company’s infrastructure division, which includes its mainframe sales, declined 14.6% to $3.6 billion in revenue. The drop was driven by lower revenue from its Z Systems servers, which were down 30%. As goes Z Systems, so goes the... — read more 

https://247wallst.com/technology-3/2023/07/20/ibm-remains-americas-worst-big-tech-company-2/

The company used to respect technical skills and engineering. It used to care about innovative products but now it seems there’s a realization at the top that it’s hopeless now and it’s all about financial engineering and squeezing the last drop of... — read more 

I amd a B9 and was given perm workforce reduction notice by IBM earlier this week . My manager tells me he had no choice and has done nothing to help me get any extension. I am still shocked how this is possible and why they would pick me from... — read more 

So layoffs in IT sourcing are happening every month. I guess it goes with the territory of companies not spending money with IBM

https://finance.yahoo.com/news/youd-put-1-000-ibm-165017689.html If you put $1000 in IBM stock 20 years ago, today you'd have $2918. If you put it in the SP500 you'd have $6653. The 20 year Treasury Bond rate in 2003 was 5.02%. Just buying a... — read more 

Got the dreaded call today . IBM sent me a benefits package to sign with 30 day notice and severance ending my employment My questions Does Federal or State WARN act apply here as IBM has been laying off many people this year through RA cause... — read more 

Surely IBM will appeal this ruling. https://www.sfchronicle.com/politics/article/ibm-employee-costs-18195834.php After Gov. Gavin Newsom issued his stay-at-home order in March 2020, at the outset of the pandemic, some companies said they wouldn’t... — read more 

It is sad that this has become a shrinking company run by the leadership without any vision for growth.

I absolutely agree that innovation is no longer in this company's DNA like it used to be. But why? Is it because there is now a lack of enthusiastic talent that used to be plentiful here, or is there some other reason?

IBMers have become so used to losing that we just accept that we can’t grow anymore. We have consulting “offerings” that either nobody wants or respects — or doesn’t exist like our GenAI smoke and mirrors getting pushed now. Meanwhile we have... — read more 

Do you know how much was GDP and raises this year? If any?

This the start of IBM moving off providing its own Cloud. Boville going was the first salvo... Give it two years and IBM will not have a Cloud at all. https://www.theregister.com/2023/07/04/ibm_deprecates_education_cloud/

All subsidized by the U.S. taxpayer via the CHIPS Act. https://www.bloomberg.com/news/articles/2023-07-02/ibm-throws-weight-behind-japan-chip-startup-it-sees-as-vital By: Takashi Mochizuki and Yuki Furukawa July 2, 2023 at 6:00 PM... — read more