Thread regarding IBM layoffs

'India Is The Workforce For The World', Asserts McKinsey & Company's Top Brass

What Arvind and IBM have been doing at an increasing pace. Video here => https://www.youtube.com/watch?v=3Ga-krrYgak

No thank you. IBM used to be great. Now it is not even mediocre. The G Man Gerstner cut his teeth at McKinsey which is telling US companies to gut their US workers. Makes Jack Welch of GE look like a saint compared to the carnage IBM has inflicted on it's US workers for 4 decades once the G Man came in 4-1-93.


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| 1122 views | | 7 replies (last September 17) | Reply
Post ID: @OP+1k57k4772

7 replies (most recent on top)

@j4

100% correct.

It seems you are not alone: https://www.thelayoff.com/post/@aa+1k5bwg1n0

The quality is always lacking, but they are very good at politicking (for themselves).

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Post ID: @jb+1k57k4772

I have noticed a sharp downturn in product quality and documentation over the past 2-3 years. I have seen a sharp uptick in hiring in India during the same timeframe.
Correlation or causation?

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Post ID: @j4+1k57k4772

@bq

https://www.thelayoff.com/post/@1a1+1k4nbcxza

Everything they say and do is full of flaws and bad ethics.

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Post ID: @ct+1k57k4772

McKinsey is also responsible for the DEI garbage:

Interesting short Reddit below:
https://www.reddit.com/r/Layoffs/comments/1iml6me/mckinsey_normalized_layoffs_in_all_industries/

Several studies tested McKinsey's "studies" and they found them to be inaccurate.

https://www.wsj.com/finance/investing/diversity-was-supposed-to-make-us-rich-not-so-much-39da6a23

(Paywall, so summarized with AI below)

"Diversity Was Supposed to Make Us Rich. Not So Much."
Wall Street Journal
James Mackintosh

The core points of the article and its context include:

Challenging the McKinsey studies: The headline references influential 2015 research by the consulting firm McKinsey that suggested a link between corporate diversity and financial outperformance. Mackintosh's article and other academic work question the methodology and conclusions of the McKinsey research.

Marketplace testing and recent findings: The article notes that since 2015, the idea that diversity directly leads to higher profits has been "tested in the fire of the marketplace and failed," with academics unable to replicate the findings. Subsequent research, like a University of Chicago study in 2024, found no statistically significant link between executive diversity and profitability in S&P 500 companies.

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Post ID: @cs+1k57k4772

@a2
McKinsey is a skillless parasite
if they disappeared tomorrow would soceity actually notice
their one trick appears to be setting up plantations in third world countries
which is really an old trick

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Post ID: @bq+1k57k4772

@OP

McKinsey needs to go far, far, far away. First, they are responsible for helping develop China, which now became rogue. Now this.

Sorry, but if you work for McKinsey (you in 3rd person), you are not nice.

I really hope that the adm watches them closely and cancels their contracts.

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Post ID: @a2+1k57k4772

Also the scam call center of the world.

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Post ID: @a1+1k57k4772

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