Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

IBM improves gross margins in Q2 under new CEO

Earnings & Revenue beat analysts expectations *AND gross margins grew!? Someone dig-in to these misleading numbers please? https://www.cnbc.com/2020/07/20/ibm-earnings-q2-2020.html

IBM Comms Active on This Board

Just an FYI for all of you here that IBM Comms is active on this board with a goal of posting random IBM related stories in order to push down and drown any content that may be critical of the company. BTW, they've done the same thing on reddit... — read more 

IBM.com home page - where's the cloud?

Go on IBM.com home page and see what they are promoting. Very little about cloud or even hybrid cloud. A lot of other software stuff instead and a little on Cloud Paks. How could this be? Cloud is the end game. Look on the products menu. One... — read more 

EY and IBM partner

https://seekingalpha.com/news/3592390-ey-ibm-expand-digital-transformation-alliance

Q3 Layoffs

Any updates? This is inevitable but wondering where the cuts will be.

IBM and RedHat pay cuts?

I'm hearing that RedHat staff - some hired by RH, some by IBM - have been forced to take pay cuts and had commissions reduced. Anyone impacted? simon.sharwood@siptub.com for story on theregister.com if interested. Or just post here.

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| 2500 views | | 3 replies (last July 15, 2020)
Post ID: @OP+15WUbUJF

Mass exodus

Anybody else thinks that the only reason there isn't a mass exodus of people from IBM right now is the state of the economy? So many people are fed up with everything that's been going on in the past several years and have now been pushed over the... — read more 

So when should we expect round 2 of RA's?

I would expect at the end of this month with similar terms as previous. Notified end of month and out by beginning of September. I say that because of the sales incentive they put out for Q2 had a stipulation "must be employed in September"

2Q20 Results: Miss, Meet, or Beat?

IBM 2Q 2020 Earnings Announcement 20 Jul 2020 Huge miss on both EPS and revenue. Furloughs and another RA to follow. https://www.ibm.com/investor/events/

Slack Workspace - Ibmfriends2020

For all of those IBMERS who got RA please join the Slack Workspace Ibmfriends2020. It is an amazing workspace where we help each other, give each other support exchange job postings etc. Highly recommended. Good luck.

IBM Strategy

Any news about IBM Strategy? They are an expensive, elite group from McKinsey, Accenture, Booz etc strategy companies. Their consultants are big-ego rejects from those companies. Were they impacted in the cuts?

IBM will Cost Cut itself to an Early Grave

IBM is now fully embarked on a desperate mission to cost cut itself to success. Since it cannot grow revenue due to too many declining legacy businesses, the COVID-19 economic crisis, and difficulties competing in the emerging cloud business, IBM... — read more 

This is True

He was motivated, he said, by “deep unhappiness working for the company.” https://westfaironline.com/126041/ibm-sues-to-stop-executive-from-working-for-microsoft/

How much has IBM changed?

This is a question for true oldtimers. I know a couple of people who retired from IBM about a decade ago and they don't believe me when I tell them how toxic this place is nowadays and how awful the work environment is. Makes me wonder, did things... — read more 

Is it better to retire or get RA’d?

Asking from a purely financial point of view - medical, benefits, severance, etc. Retirement window is 2021. Sounds like the package gets you severance and lower medical for a period of time vs just retiring. Unless I’m missing something. TIA

Donald Trump's H-1B move will hit US companies

Google, Amazon, Apple, Facebook and IBM were among the top ten recipients of fresh H-1B visas in the 2019 fiscal, according to data from US Citizenship & Immigration Services. Let's see if Big Blew is still somehow able to remain in the Top 10... — read more 

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| 1060 views | | no replies yet
Post ID: @OP+15GCPwSp

Job Anxiety Spills Into Tech Sector

Well golly gee, I wonder why there'd be job anxiety?? By: Angus Loten June 24, 2020 https://www.wsj.com/articles/job-anxiety-spills-into-tech-sector-11593038017 Nearly half of the technology workers at companies world-wide are worried about... — read more 

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