Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

The leadership team is incompetent

The leadership team has been laying people off to meet profitability goals for years. That's it. They're a one-trick pony with no new or good ideas. All they know how to do is lay off more people - preferably those who are the highest earner to... — read more 

Don't count entirely on severance

There is some evidence that IBM is moving to a more PIP type of environment. If it’s measurable (sales, billable hours, utilization) IBM is encouraging PIP’s. If IBM is exiting a business (measurable or not measurable) then they tend to offer a... — read more 

Consulting industry focus

I am hearing rumors IBM Consulting will be focusing primarily on a limited number of verticals and deemphasizing other segments. I’m guessing they’ll focus on Banking, Retail, telecom, etc. and shed manufacturing, industrial, etc. Does anyone know? — read more 

What the current severance package like at IBM?

I have a warm offer from another company but I’m wondering if it is more lucrative for me to hang on, performing at a mediocre level, until Big Blue decides to terminate me. Any hints of exit packages look like? I’ve heard 1 month severance, 3... — read more 

Lane closures planned as walking bridge to come down as part of work on former IBM campus

https://www.pressconnects.com/story/news/local/2022/07/19/pedestrian-bridge-on-endicott-mckinley-avenue-set-for-demolition/65376962007/ Lane closures are planned on McKinley and Oak Hill avenues as a pedestrian overpass is coming down and a building... — read more 

by
| 1430 views | | 3 replies (last July 27, 2022)
Post ID: @OP+1hOsjsTV

IBM Is Still Big Tech's Dog

From 247wallst. https://247wallst.com/services/2022/07/20/ibm-is-still-big-techs-dog/ "When International Business Machines Corp. (NYSE: IBM) posted its latest earnings, its stock did what it usually does after the announcement. It fell. " "IBM’s... — read more 

How secure do you feel your job is?

My performance is great, but I don't think it means anything anymore. Maybe I'm worrying too much, but I haven't felt any security here for a long time.

The stock is diving! A soft overlook...

IBM Stock Is Diving. A Soft Outlook Overshadows Strong Earnings. International Business Machines stock is getting clobbered on Tuesday, as the company’s complex financial forecast created some concerns about near-term financial... — read more 

IBM CEO Says Tech Will Weather Recession Fears

So what does everyone think the plan to weather a recession entails? Aside from this though, AK is optimistic about corporate spend over the next few years but pessimistic about the supply chain issues, particularly with respect to chips, over the... — read more 

How's Marketing doing...?

i left in 2018. Lately seems like a mass exodus of "talent". The shoe lady (Michelle) was a disaster. But heard her replacement was even worse....

Ibm shares given on the 100th birthday

So those who were at ibm on the 100th anniversary got the grand amount of shares from IBM (7). I just got a letter from Morgan Stanley saying as i have invested in kindryl i get to vote blah blah blah, so did IBM swap those IBM share to kindryl or... — read more 

Ibm 2Qtr results 2022

What’s the feeling??? Analysts are saying around 6% growth. What does the layoff say?? About right? No little growth - just economic engineering We’re doomed - doomed for sure????

Consulting layoffs

It looks like Microsoft is laying off today in their MCS consulting group. There is talk that Oracle will have big cuts on the consulting side. Do you think we'll be going in the same direction?

Mgmt tends to be arrogant

I guess the point is they try to get across with their arrogance that they are in charge. My manager enjoys putting pressure or even blame on us and does it constantly. I'm almost used to it and I'll try to ignore such behavior until I leave here... — read more 

Hey HR!

Those with Alliance" or "Partner" in their title don't contribute to anything but self preservation. They sell nothing and waste everyone's time with internal calls that bring no value. In fact I'm certain their loyalties lie outside of IBM. HR... — read more 

Under Lisa Su, AMD Is a Profit-Making Machine

So a former IBMer makes this list? Good for her, but how pathetic for IBM. Thought Big Bleu really expended effort in identifying and retaining top talent? [NOTE: AK didn't even sniff one of the 24 slots on Barron's "Top CEOs of 2022" list --... — read more 

This is less and less a tech company

Someone made an excellent observation that executives seem to see IBM more as a financial company and less of a tech company. Since when is it like that? That disappointed me quite a bit. When I applied here, my expectations were completely... — read more 

New round of layoffs?

Left IBM during COVID as part of a RIF after 15+ years with Big Blue. I am so glad I moved on but that's for another post. Today, I got a call from a Band 10 inquiring about potential positions with my current employer. According to him, several... — read more 

IBM's Business Model

IBM business model is to buy software companies with a leading product and then dramatically increase licence costs and cut support and development. Rename the product every 12 months with the latest buzz words and when it is no longer profitable... — read more 

IBM Salary - Good Information Source

Here is a good source of salary info for IBM. In short, the company is required to disclose salary info for all H1B visa applicants. This is logged in a gov database that's available for download. For example, we have 202 IBM salaries reported for... — read more 

Is Job Market Cooling Off?

Has Job Market Cooled Off? Is the hiring market cooling off? Here’s what recruiters are seeing By Ty West – Editor-in-Chief, The Playbook, Jun 22, 2022 Leslie Loveless, CEO of executive search firm Slone Partners, recently heard from a CEO who... — read more 

Let's see some Justice! Will any of them go to jail?

In addition to a prison sentence for conviction of corporate fraud, federal criminal statutes allow for the imposition of criminal fines and restitution. Criminal fines can be extensive and often equal twice the amount of total fraud committed... — read more 

by
| 1350 views | | 8 replies (last July 5, 2022)
Post ID: @OP+1hwMOTdl

Start a new thread - post a news comment, question or message:

: