Seeing a lot of other divisions, but haven't heard much on Cloud. I was part of Cloud and given the same 30 day notice today.
If you are over 55, it’s going to be hard to move on, yet…
Try to work with headhunters, not ideal and a lot of shady things in this space but if you find a good one go with her/him... I work for a competitor and I just hired a guy in his early 60s. A good headhunter will help you adjust your resume and... — read more
Open Power is gone
The open power team has been let go along with other power engineers. Looks like we are moving out of growth and only going to focus on existing enterprise customers. Ugly day in Austin and other power sites.
Visiant is taking over (ex ikaSystems)
Today (Thursday May 21, 2020) IBM is laying off almost the entire provider side of Watson Health... Its going to be a pretty huge RA. Visiant is partnering with IBM and will be taking over that market... They used to be called... — read more
Any idea on age range of those let go?
I'm in IBM Data AI in Silicon Valley Lab. Are there any others from south bay area that were let go recently?
GBS RA’s
Any updates on what’s going on in GBS?
DATA & AI
At least 6 people were cut from my group today. Looks like it could be far more.
GTS SIH Solutioning
Got Cut - I think 8 from my team along with me. 30 days notice 90 days pay. Continuation of medical benefits is available.
GTS RA
Got cut today with a few others, worked for GTS hybrid cloud services.
TCIS RA Today - Anything non-cloud related got cut!
I and the entire team I manage (15) were RA'ed. TCIS. Another two managers and their teams in my group were also whacked. Anything non-cloud related got cut.
GTS- US- Smyrna, GA
I just got RA. All team were impacted. Last day June 22..
Questions to ask your manager during layoff call/process...
Hope this helps some people - Feel free to add https://www.thebalancecareers.com/laid-off-fired-questions-1918596 https://thriveglobal.com/stories/10-questions-to-ask-your-employer-if-you-get-laid-off/
IBM Layoffs Communicated Today
According to what I have been told One month before exit. 3 months severance Possible offer of health coverage at existing rate for 12 months GBS is being hit hard too. Heard predictions of up to 60% and 30% of GTS. Told by Senior Executive... — read more
This RA has been planned before COVID-19
Well they were questioning the bad PR that would come from doing this during Covid... Especially since its not Covid related and is instead because of the new partnership... This was planned before Covid. Looks like in the end it didn't... — read more
Severance Package - IBM Layoffs May 2020
No changes: 30 days notice, 90 days severance... Health benefits can run for up to a year at the existing rate, after that you are switching to COBRA.
Take that vacation...
so we dont have to pay it when we RA you... And we thought Ginni was the culprit.
RA
US action is this Thursday. Manager training was yesterday (Monday) and they were told notification details will be email today. If a manager is being notified that has team members in the action too they will be notified Wednesday.
IBM Layoffs in Progress (May 2020)
IBM Security, received a 1:1 meeting request today from my manager for tomorrow (Thursday). Any indication as to whether laid off US employees will get an extension of their health insurance?
RA in progress for GTS
This just in from anon: FYI - RA in progress for GTS. No information on #s but the announcements are supposed to come out tomorrow. Even India resources are being impacted - Cloud Migration ... — read more
JPMorgan Chase Board of Directors Welcomes Virginia Rometty; James Bell and Laban Jackson retire from Board
“Ginni Rometty is one of the most accomplished business leaders of our time — leading IBM’s resurgence during an extremely competitive and ever-changing environment. We are so fortunate to attract another outstanding director to our board... — read more
Watson Health Layoff This Thursday
Up to 40% of WH will be cut on Thursday, Manager RAs on Wednesday.
Distressing that we aren't hearing chatter...
Distressing that we aren't hearing chatter regarding RIFFs because we aren't in the office. They are happening this week guys. Managers notified Wednesday, all others Thursday. No RIFFs for Directors and above in this cycle.
Survey: would you take a TTR if offered with EoY departure?
Vote using up/down arrows
Saudi Sovereign-Wealth Fund Buys Stakes in Facebook, Boeing, Cisco Systems
It also purchased shares valued at roughly $80 million each in Warren Buffett’s Berkshire Hathaway Inc. ; chip makers Broadcom Inc. and Qualcomm Inc. ; International Business Machines Corp. ; d–gmaker Pfizer Inc. ; Starbucks Corp. ... — read more
Australia
I am hearing that there are RAs already in progress in Australia. Any truth in this?
Who in their right mind would voluntarily leave for another job during this pandemic?
There must be something in the water at Armonk. Who in their right mind would voluntarily leave for another job during this pandemic? Especially since many tech organizations have put a hold on hiring at this time. Aside from the fact that many... — read more
Back from the dead: Appeals court resurrects lawsuit claiming IBM stiffs its own salespeople on commissions
Good news, but it'll get settled before it gets to trial, just like the rest of them. https://www.theregister.co.uk/2020/05/14/ibm_commission_appeal/
Open offices are a thing of the past
So much money wasted to set up open offices that will have to revert back once we go back to work (unless they plan to leave it as it is, which is a recipe for disaster.) Or they decide to let all of us work from home, which, in my book, would be a... — read more
It's coming: Hundreds to be forced out of the door by IBM
In short, there is no enough volunteers - "To date, we have not been able to meet our business objectives through the voluntary separation programme and if this remains the case following the closure of the EOI window on Wednesday 13th May it. Will... — read more
One of these covid19 plans is not like the others
Slack - Everyone WFH until September Amazon IT - Everyone WFH until October. Microsoft - Everyone will be WFH until October. Workers with families get 12 weeks of PTO to be used 2 days each week to deal with extended school... — read more
layoffs second quarter
Our new CEO addressed layoffs at his office hours meeting today. I like that he is honest and talks straight unlike Ginny, A very nice change, I wish he was in charge years back. For those that DO NOT work at IBM I will not say what he said because I... — read more
On Management - HBR - Harvard Business Review
First, Let’s Fire All the Managers, Harvard Business Review Management is the least efficient activity in your organization. Think of the countless hours that team leaders, department heads, and vice presidents devote to supervising the... — read more
Thoughts on the new CEO?
Am I the only one who is cautiously optimistic?
Transfers to Red Hat
Just want to make IBMers aware, if you transfer to a job at Red Hat you will likely have to formally exit IBM and become a new Red Hat employee. If you are under age 55, this can mean losing any IBM seniority, future health care account funds and... — read more
Airbnb Just Laid off 2000 People
Read up... Separated employees will receive 14 weeks of pay, and one more week for each year served at the company (rounding partial years up). The firm is also dropping its one-year equity cliff so that employees who are laid off with under 12... — read more
IBM CEO Lays Out New Initiatives in Cloud, AI
The pandemic will “dramatically accelerate” the adoption of hybrid-cloud and AI, Mr. Krishna said, as companies turn to cloud services to help their employees work and serve customers remotely, as well as to AI to automate certain types of... — read more
IBM Board Approves Exec Pay Packages
https://www.crn.com/news/cloud/ibm-board-sets-pay-packages-for-new-ceo-and-president
Here are 9 companies IBM could buy given that new CEO Arvind Krishna said that it will get back to its 'acquisitive strategy' in a few months, a
IBM is known as one of the most acquisitive companies in the world. But the tech giant was expected to go slow on the M&A front after buying Red Hat for $34 billion last year, the biggest acquisition in IBM's history. "We've focused all of our M&A... — read more