A metaphor for the deterioration and imminent demise of the company itself. https://wnbf.com/ibm-endicott-buildings-demolition-very-soon/ https://www.youtube.com/watch?v=Wshtmn3XpU8
How did we go from "the best job market ever" to "it's the end of the world, be happy to have a job"
What happened?
I hope that big RA is not on the horizon
I don't want to spread rumors or panic, I'm just wondering if anyone else feels like me that a big RA is on the horizon? It's just a hypothetical question. I may be exaggerating, I know that many people are leaving, but the atmosphere has been very... — read more
Arvind Krishna Elected as a Class B Director to New York Fed Board of Directors
AK already preparing for his inevitable, sooner-than-later departure with another gig. https://www.newyorkfed.org/newsevents/news/aboutthefed/2022/20220502
Elon Musk Praises Technical Managers - IBM has few left! Now wonder it can’t compete…
Elon Musk - “I strongly believe that all managers in a technical area must be technically excellent. Managers in software must write great software or it’s like being a Calvary captain who can’t ride a horse.” People managers or non technical so... — read more
Shareholders turn the screws on IBM and its gag orders
https://www.theregister.com/2022/05/05/ibm_shareholders_nda/ Shareholders turn the screws on IBM and its gag orders. In wake of dinobaby-gate, investors not happy with NDAs hushing up claims of harassment, discrimination
IBM's A55HOLE TEST
Source below. Published on May 4, 2022 Some years back I applied to join IBM's grad scheme, there was a peculiar stage to the process I've not seen elsewhere. It was during the onsite day, where a batch of 20 or so applicants were put through... — read more
Bitter truth
The bitter truth is that most who stay here decide to to so because of their laziness, no matter how hard it is to admit. I admit it. I'm only here because I know I would have to work harder everywhere else. I would be better paid, I might have... — read more
Cloud: Look Who's Missing
Cloud a three-player market dominated by AWS, Google, Microsoft https://www.theregister.com/2022/05/02/cloud_market_share_q1_2022/
FHA / HRA
Any retired people see a sudden change in the HRA amount? When I went onto Medicare my FHA (Future Health Account) switched to an HRA. April 28 over 2500 was withdrawn with no explanation. Call to RIA (retirement medical company) resulted in a... — read more
Band 10 salary help
What’s is the salary range for band 10 non commission role? Applying within
How much should you be paid? Compare 250,000 salaries from top companies with Insider's Salary Database
[NOTE: Need to be a subscriber to access]. Firstly, it is absolutely galling but not shocking at this point, at the amount (appears to be just under 23K based on the total tally of listed IBM salaries) of H1-Bs IBM has on salary and then the... — read more
Lower rung keeps getting blamed for management's incompetence
It's not enough that those on top are ruining this company but they're refusing to take any responsibility for it and are blaming it on anybody but themselves. IBM has turned into such a joke thanks to a parade of incompetent leaders who wouldn't... — read more
IBM ordered to pay $105 million to insurer over tech project's collapse
https://www.theregister.com/2022/04/19/ibm_failed_project_payback/?fbclid=IwAR3Gx1jnIUlkUg2Tq9fB8-GG7siNaK8BINiroMansKp3JcQRqW_Lx7k3WWY Appeals court takes previous payout ruling and multiplies by six
Watson Health - Transfer of Business to Francisco Partners on July 1
This is the date that we were told today (moved out from June 1). Everyone's jumping ... like rats off a sinking ship.
IBM doesn't even try to keep talent
People don’t leave here just because of higher pay elsewhere. They are leaving because of the overall atmosphere caused by the company's lack of prospects. How many people here have been personally advised by managers here to leave IBM if they... — read more
Ways to boost morale
My manager doesn’t even try to boost morale. He is there to lower whatever little morale there is left. I hope there is still some manager here trying to improve employee morale? What methods does your manager use?
Do you know anyone who left IBM recently?
Why did they lave and where did they go?
No Need for Layoffs with ESP
Sounds like ESP numbers are quite disappointing to say the least. I've heard many folks saying this is the final straw. I think we'll be seeing even higher attrition. A 2% raise just isn't going to cut it for most folks.
It will only get worse
I personally think it will only get worse here. I wish it weren't so, because no matter what, it’s hard for me to leave the company I spent so many years in. Why is no one optimistic about IBM anymore?
Signs it's time to quit
There’s a misalignment between you and your job You no longer feel challenged There’s no opportunity for promotion You’re not being compensated for the work you put in You can’t see yourself working there in the long term Your... — read more
Red Hat Is The New IBM
IBM is a much different company today than it was a decade ago. Thanks to a multi-year "creative destruction process," the shedding of mature declining businesses, and the plowing of resources to emerging high growth sectors like the "hybrid"... — read more
IBM Stock Soared. Why the 111-Year-Old Tech Company Outperformed Today.
Need to see 18 more quarters of positive growth just to potentially counteract the previous 20 quarters of negative growth under Ginni. By: Eric J. Savitz Updated April 20, 2022 7:54 pm ET / Original April 20, 2022 1:26 pm... — read more
Was work culture at IBM ever good?
Or was it always the same toxic mess that it is now? I've been here for a year so I don't know about how it was before, but I do hear some of my coworkers talk about the "good old days" occasionally and it makes me wonder if those days were really... — read more
IBM CEO Says AI’s Transformation of Business Will Take Another Decade
10 years, eh? By that point the competition will have lapped IBM several times & AK will have long departed the company with his Golden... — read more
IBM stock has its best day in two years as analysts raise estimates
Executives said on Tuesday that it will cost more to add talent in the months to come, but the company plans to charge higher prices for consulting engagements. Translation: new hires will get paid more and existing employees will be RA'd in... — read more
Arvind's Interview on CNBC - AI and Hybrid Cloud (plus Consulting)
https://www.youtube.com/watch?v=CsFyqRYPWy4
Jim Cramer is Recommending IBM Stock
He's very passionate about it. Here is the video from CNBC via Youtube: https://www.youtube.com/watch?v=ShzQUFn1Sms
Come Back - Atlanta is Open
The Atlanta, GA offices are open. IBM provides free lunches out of food trucks to welcome back the troops at the offices! Let's see how long that lasts!
Failed Project: Court Orders IBM to Pay £100M Due to a Failed Project
Source below. Failed Project Payback! IBM must pay five times more in compensation to a customer whose £175 million ($230 million) Agile software platform contract was ripped up in 2017 following a series of failures on the project... — read more
Barrons - 1st Quarter Earnings
Source Links Below: When IBM reports first-quarter earnings on Tuesday, Wall Street will be focused on the growth rate of the tech giant’s software business—and any hints on the early progress on the company’s latest generation of mainframe... — read more
Today we found out how many layoffs there'll be in the near future
Judging by EPS compared to a year ago, there'll be quite a few. Especially if we don't even meet $1.34.
Worried About a Recession? Buy IBM Stock, Morgan Stanley Says.
Ummmmm. . .not a word about the real reason for the analyst's rationale: the dividend. https://www.barrons.com/articles/buy-ibm-stock-morgan-stanley-recession-51649965863 By: Eric J. Savitz April 14, 2022 3:52 pm ET Worried about recession?... — read more
Deluded management
“As I have highlighted in 2021 and more recently x, it is critical that all our staff contribute to utilisation. You are receiving this email as your billable utilisation target is % and you are falling short of that target both QTD and YTD. Your... — read more
Relocation while working remotely
I am still working full remote, as is our manager, and there is still no indication that we'll have to return to the office. I've been considering relocating for a long time, but I don't know how risky it is? I heard that there were those who... — read more
last day for medical benefits?
I’m about to give my 2 weeks notice soon. Does anyone know, does IBM terminate the medical benefits on my exact last day or is it the last day of the month. So if my last day is May 6, do my medical benefits end on May 6 or on May 31?
Shocking! But not really...
IBM not cooperating with discovery, say attorneys in age-discrimination case IBM has been accused of trying to avoid its legal discovery obligations in Kinney v. IBM, one of many age discrimination lawsuits that have been brought against the IT... — read more
1Q 2022 results
1Q 2022 results are coming up on 4/19, any thoughts? 1Q is always soft, will it be softer than usual and send the stock in a tail spin?
IBM lawsuit proof that age bias is real
Yet, millennials in the workforce are known for being needy, whiny, entitled, with a need for nurturing. And that's putting it tactfully and quite... — read more
IBM’s Most Highly Compensated Executives In 2021
https://www.crn.com/slide-shows/cloud/ibm-s-most-highly-compensated-executives-in-2021