entire teams still have not heard a word about where they fit in the new model. All sellers are freaking out.
IBM Appoints Martin Schroeter as CEO of "NewCo" Independent Managed Infrastructure Services Business to Spin Out from IBM
https://www.prnewswire.com/news-releases/ibm-appoints-martin-schroeter-as-ceo-of-newco-independent-managed-infrastructure-services-business-to-spin-out-from-ibm-301202500.html
GTS
What will happen to GTS?
Ryan Rugg joins IBM
https://www.ledgerinsights.com/senior-r3-exec-ryan-rugg-joins-ibm-blockchain-team/
Deep Throat here with a Memo re Project Orange
As I said in my last two Letters, and now, unfortunately, you can see what I have said is correct (and more announcements to come), with Project Orange, IBM fully intends to do the following: 1) Move close to 200,000 employees as I explained last... — read more
Cuts Today
So it seems like Client Reps and overlays in the sales organization were told today their teams were getting disbanded. They were told to find other jobs within IBM. Unsure if you can consider this an RA or not but it is surely going to affect at... — read more
WSJ- IBM Simplifies Sales Structure
https://www.google.com/amp/s/www.wsj.com/amp/articles/ibm-simplifies-structure-of-sales-team-11609897139
Teams getting slashed left and right
half the sales people I know have heard how the restructuring will affect them and Im left in the dark. Scary times.
AK changing the leadership team Goodbye hangers on
https://seekingalpha.com/news/3648831-ibm-taps-ex-goldman-exec-cohn-vice-chairman
Remember when?
Remember when there was that huge expose some years ago about age discrimination at IBM that resulted in firings of the leadership team that orchestrated it, a rewriting of all relevant policies, and return to work of people who have been affected by... — read more
Software FLM
With segment 1 and 2, what happens to the software FLMs? Believe we have more FLMs than available spots for segment 1 and 2.. anyone know if they are being RAed?
IBM just might get it right...less Channel reps and more Tech Reps
"Channel leak" may refer to margins But the true leak is the loss of Relationship Selling and Direct Partnership. When a deal is non strategic and strictly cost effect, clients will buy from the BPs and in best case from Marketplace. This is called a... — read more
Fresh Blood
For those who say IBM needs fresh blood… Guess what, they're already here. How’s that working out? These are Krishna’s "Not IBM Lifers" reports: Howard Boville BoA Jim Whitehurst RedHat Mark Foster Accenture John Granger PWC Bob Lord... — read more
Can someone explain Garage Model Methodology to me?
When I do a search for the term "Garage Model Methodology" I either get etsy garage models, or IBM sites. It seems IBM is creating a new term to sell to their clients, but I'm probably wrong.
Enough with the Ra Ra sis Boom bah cheerleader bs.
Enough with the Ra Ra sis Boom bah cheerleader bs. Just tell me when I get RAed/layedoff.
Global market is gone?
Sounds like All the client executives are gone.. except for those covering 500 segment 1 clients..
I missed AKs Town Hall meeting
I missed AKs Town Hall meeting. Anyone have a good summary of what he said, or "didn't" say?
Sounds like MASSIVE changes to Sales at IBM
In 2021, our company is taking even bolder steps against the three sales priorities to position IBM as the partner of choice for our clients in their journey to open hybrid cloud and AI - across all business units, industries, Geographies and... — read more
What changed?
Behind all the all hands calls, announcements, WW leadership changes, what really changed?!!! can’t tell.. we know RA is coming.
Q1 cuts?
When can we expect the annual Q1 culling?
First day as the sole head of IBM and the knifes are already out
AK you better move faster https://seekingalpha.com/article/4397172-quit-wasting-your-time-ibm
The Evolving Role Of IBM In The HR Marketplace
Not only does IBM use AI (Watson) for amazing things, IBM pioneered many of the “future of work” practices we all dream about. • IBM pioneered agile performance management over a decade ago and crowd-sourced the ongoing design, • IBM uses... — read more
Is IBM's Hybrid Cloud Strategy Headed in the Right Direction?
Escalating costs on hybrid cloud platform amid intensifying competition in the cloud vertical from the dominant players like AWS, Azure and Google Cloud pose a major headwind. Also, increasing debt levels amid extensive restructuring... — read more
IGF sells some of their assets
https://seekingalpha.com/news/3648144-ibm-credit-enters-3b-receivables-purchase-agreement-banco-santander
Layoffs of netcool support in perth. Now IBM are advertising for netcool support in india
So they ra people of perth Australia. And advertise the same roles but in India 😤
How much is IBM worth on resume?
I decided to get out of here as soon as possible and am already seriously looking at some other options because this company is not exactly the way I imagined it when I applied for a job in the first place. Here I came across divided opinions about... — read more
Anchors Away
The IBM vessel has many holes in it But the Summit Program is the anchor that will pull the ship down!!!
Average Salaries by Band - see where you fit!
Here are the average (+/- 5% deviation might exist) salaries by Band:- 4 & 5's = $50K 6 & 7'S = 60-80K 8's= 100-120K 9's = 140K 10'S = 150-170K D's = 220 - 250K Base + 30K stock vesting in 2-3 yrs C's = 280-310K Base + 40K stock vesting in 2-3... — read more
What Is The Ownership Structure Like For International Business Machines Corporation
Let's see what this breakdown looks like after the inception of NewCo, as well as what the breakdown is for NewCo itself. https://finance.yahoo.com/news/ownership-structure-international-business-machines-083820376.html
IBM Stock Flatlined in 2020, Even With a New CEO and Spinoff Plans
IBM shares are down roughly 7% in 2020, lagging far behind not just the tech sector, but also the broader market. The S&P 500 is up 15% for the year. The clock is ticking on AK's tenure. By: Eric J. Savitz, Dec. 28, 2020 9:43 am... — read more
Ever Onward - My Farewell to IBMers, By: Ginni Rometty
Sayonara, sweetheart! https://www.linkedin.com/pulse/ever-onward-my-farewell-ibmers-ginni-rometty/
Only half of IBM employees are anxious about getting fired.
According to a recent survey, IBM is a clear leader over Cisco and Oracle in a category that has only recently hit the radar screen. Only half of IBM employees are anxious about getting fired. A much higher percentage of employees at Cisco and... — read more
Band 10s
Every time we discuss the overpaid deadwood clogging the ranks of IBM, somebody will always complain about Band 10s, usually lumping them in with management. I always wonder, what is the reason? What do people think Band 10s do? Sure, there are a few... — read more
European Works Council Statement – Massive and historic workforce rebalancing across Europe, the second in 2020
"At IBM we have a culture of perpetual transformation”, Chairman of IBM Europe Martin Jetter said. “We have continuously reinvented ourselves for more than 100 years, not many companies can say that”. He added that “we are at a turning point and I am... — read more
Is Ibm the worst paying tech company?
Of all the known companies in usa, is ibm the worse paying? for the worker bees ofcourse. Everytime I see salary info online or ask some friends in tech industry my pay seems to be the worst. Not even comparing to FAANG pay and successful startups... — read more
It's my second anniversary in two weeks
I was happy when I joined and excited about all the possibilities the future had to offer. That feeling held on for a few months, half a year at the most. Now I'm miserable and the only future I dream of is away from this place. What a difference two... — read more
IBM will pay $24.25 million to resolve FCC probes
Wasting millions again due to a botched deal. If AK wants suggestions on how to save money, how about stop botching deals like this. https://www.reuters.com/article/us-usa-fcc-ibm/ibm-will-pay-24-25-million-to-resolve-fcc-probes-idUSKBN28X2CJ — read more
Cisco, Oracle, IBM Workers ‘Anxious’ About Job Cuts
The survey found that 62% of Cisco employees said that “yes, I am constantly anxious” about getting fired, which was just ahead of the 55% of Oracle employees with the same response. Half of IBM employees said they had the same... — read more
The State of IBM Sales
I’m gonna say...none. There’s really no area of ibm that is ACTUALLY GROWING. Our sales people are shuffled around constantly and can’t make long term strategic deals, our products change or rather rebrand everyday, we then have too many generalists... — read more