Another RH exec. cashes out. I'd interpret it as a resounding vote of "no confidence" and seems they know something us worker bees... — read more
Is anyone motivated to work at ibm anymore?
With minimum pay in tech how do you guys motivate yourself to wake up and goto work at ibm? My salary hasn't changed in 2 years, not even adjusted for inflation and they took away whatever tiny gdp bonus they gave. I have stopped watching AKs... — read more
Palantir Surges on Deal to Offer Software Through IBM
Without providing a time frame, Thomas said he expects the partnership to help boost IBM’s customers using AI to 80% from its current 20%. So a targeted 4x increase of AI customers in an unspecified amount of time? Sounds like precedent is... — read more
Big 4 cloud providers poised to surpass $115B in revenue this year
https://siliconangle.com/2021/02/07/big-4-cloud-providers-revenue-poised-surpass-115b-year/ Let's see what they have to say about IBM: ‘Oracle and IBM have clouds too’ We hear this frequently and so we’ve put Oracle Corp. and IBM Corp. on... — read more
IBM continues down the partnership path
This is IBM’s go to market strategy outside of the Fortune 500 GBS employees take notice https://seekingalpha.com/news/3659396-palantir-stock-gains-on-joint-ai-application-product-with-ibm
Layoffs in IBM Slovakia
Does anybody has any information on the situation in Slovakia? Any IBMer from Slovakia? They announced the layoffs last year. Are they happening now?
A lot 10,20,30 yrs exp. people leaving today?
Scrolling through linkedin and so many experience employees leaving feb 5th. Did something happened why is there such a large heard of people leaving at once?
A Letter. 4 My Take on Q4. 2020. And 2021
Your pal Deep Throat here. I have waited until MSFT (Azure), AMZN (AWS) and GOOG (Google Cloud) reported their Q4 2020 and full year 2020 results to add my commentary. Before I do so, a quick recap on what I have said in other letters/memos: 1)... — read more
IBM NJ State age discrimination case involving top executives on cloud and a Research Scientist RAs
This may be helpful to some RAed to read. A New Jersey age discrimination case filed in the state court by https://www.cahnparralaw.com/ latest action is a motion to depose the CEO. The filings are available... — read more
Seperation Package- $2,500 towards training
Has anyone who has been RA'ed in previous rounds taken advantage of this? Is the reimbursement process a pain? It seems very easy, but IBM makes nothing easy.
IBM’s new path to a six-figure salary doesn’t require a college degree
Pay attention to all the messaging here. https://fortune.com/2021/02/02/ibm-salaries-jobs-training-new-collar-covid-economy/
Promotions?
What's going on with promotions? It was always hard to get ahead at this place but now it seems literally impossible. And it's not even that I'm being skipped over for somebody else, people are simply not being promoted at all. Has there been a... — read more
The costs to make any money from cloud services is VERY high...
and the competition is tough: https://www.theregister.com/2021/02/03/google_q4_2020/
Known for Repositioning Brands, Carla Piñeyro Sublett is IBM’s New CMO
Peluso's replacement. Surely her forte of "repositioning" will include RA'ing. https://www.adweek.com/brand-marketing/ibm-carla-pineyro-sublett-cmo/
CW top 10
Cloud War's February 2021 Cloud top 10 ranking has been updated... https://cloudwars.co/cloud-wars-top-10-vendors-world/ Microsoft Amazon Google Cloud Salesforce SAP Oracle ServiceNow Workday IBM Adobe — read more
Was the asset management (software) business unit spon-off to the new company?
Hello, Ex-employee here. Just wondering if IBM decided to move the asset management division (more specifically, the software license managament unit) to that NewCo company or if anything major happened? Just curious to see what happened after I... — read more
IBM is getting it's head handed to it in Cloud
AWS: In billions Q4 2019 $9,954 Q4 2020 $12,742 All of: 2019 $35,026 All of: 2020 $45,370 Google Cloud: In billions Q4 2019 $2,614 Q4 2020 $3,831 All of: 2019 $8,918 All of: 2020 $13,059 So much for a COVID slow... — read more
Forced to train replacements?
I saw that someone here complained that they were forced to train their replacements. That made me curious, did anyone else have such an experience? Nothing surprises me anymore but I don’t understand how someone could have been forced to do that?... — read more
Vacation day Payout
They are trying to only pay me out for 2 vacation days even though I have 15. Is this happening to anyone else? Anyone have suggestions to get all 15 paid out? I'm US systems
IBM has cut its blockchain team down to almost nothing, according to four people familiar with the situation.
IBM Blockchain Is a Shell of Its Former Self After Revenue Misses, Job Cuts: Sources “There is not really going to be a blockchain team any longer,” said a source. https://www.coindesk.com/ibm-blockchain-revenue-misses-job-cuts-sources
How likely are they to give voluntary packages?
The voluntary package would have to be significantly better (several X) than the layoff package - otherwise people will just linger and not do much work, and wait for the next layoff, and the next, and the next. The other issue with the voluntary... — read more
Howard Boville used to be CTO at Bank of America. He sat down to talk about his new role running “specialist vehicle” IBM Cloud.
“Gartner is a fascinating organisation, it’s paid-for advertising, by all the companies that play into it”, Boville muses pointedly. “And within their Magic Quadrant, if you go to category king, they take the category king — which is AWS —... — read more
Will Pathway/Transition to Retirement be offered?
Has anyone heard if IBM Canada will offer Transition / Pathway to Retirement in 2021? It was offered in 2018, and 2019. For staff >10 years service, at least age 55 or 30 years of service. Depending on Band you got a work 4 days a week, got 100% pay... — read more
History _ IBM paperweight teardown: Reverse-engineering 1970s memory chips
https://www.righto.com/2021/01/ibm-paperweight-teardown-reverse.html
Do you feel safe at IBM?
Starting a new thread for IBMers to share how safe they feel this year from the massive upcoming layoff... Do you think you will be laid off this year? Are you planning to leave IBM on your own this year? Would you recommend IBM to anyone? — read more
Non-compete agreement as part of RA package in US?
I'm part of the global markets RA, last date 2/15/21. Recently received a Statement of Understanding that references a non-compete agreement. Is this seriously how IBM does it's employees? Any experience with this? Here is the text. "I... — read more
Desperate IBM Investors Should Look to Director Michael Eskew
Will the BoD answer the call? Let's say, "No." https://247wallst.com/technology-3/2021/01/29/desperate-ibm-investors-should-look-to-director-michael-eskew/
RA Thursday
Are there any RA going on this Thursday?
Bob Evans (CW): IBM Shocker: Q4 Cloud Growth Plummets to 8%
https://cloudwars.co/ibm/ibm-shocker-q4-cloud-growth-plummets-to-8/
Layoffs not needed when Attrition from no GDP
Another year, another year of no GDP. It’s almost comical that IBM wants a high performance culture yet doesn’t do jack for it’s high performance employees. Looks like no GDP will create more high performers to walk....maybe save some from layoffs... — read more
Former ÏBM Canada employee willing to help others wondering about their options following an RA
Have you been ReAd or terminated by IBM Canada. Do you need advise to understand your true options including engaging a lawyer. I have been through this process and have learned so much through my personal experience and spending over 200 hours... — read more
IBM NewCo: The Devil Is in the Details
Examining all the devils in the details of this NewCo strategy of IBM will take a few minutes to read! It is not for the faint of heart. IBM announced its latest spin-off strategy with this statement: “IBM and NewCo will have a strong strategic... — read more
IBM closed its China Research Lab
https://syncedreview.com/2021/01/25/ibm-closes-china-research-laboratory/
Hall of Shame
Who is the most useless Executive at IBM?
Jim Chanos - Legendary Short Seller: IBM is the anti-cloud company. Earning projections are an Accounting Scam.
Excerpt writeups from interview in @OP+195yVxtd's post below: Someone on Wall Street decides to tell the truth about IBM's precarious business situation and likely falling stock price in 2021 and beyond. Chanos: IBM is the anti-cloud company. — read more
Jim Chanos discussing his short position in IBM.
https://app.hedgeye.com/insights/94584-jim-chanos-ibm-the-ultimate-value-trap?type=macro%2Chedgeye-tv
Estimating IBM 2021 Headcount Reductions
Repost from @tpg+195Y0gy4 – GTS has to get down to approx 90k head count. NOTE not all of GTS will get impacted as GTS does approx 26 billion today, but IBM has said Newco will have revenue of approx 19 billion. GBS has to downsize for the... — read more
Note comment/lie from AK in WSJ
https://www.wsj.com/articles/ibm-simplifies-structure-of-sales-team-11609897139 Not sure which is worse IBM for stating the lie below or WSJ for printing it “The company said its sales team will be trained as part of its continuing education... — read more
$3B set aside for restructuring in 2021
Which divisions do you think will be impacted by the next RA in 2021? GTS will probably see most of the layoffs, but not all of them.