Massive RAs beginninb of 2027...
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IBM really has not been serious about shrinking the workforce, but they certainly should. They layoffs older folks to replace them with young ones, or they lay off folks because they acquire new companies which come with their own people.
Let’s see if IBM can ever shrink to 200K employees from where they are at today.
@Jt. When your reorganization is centered around enterprise and only enterprise, you can eliminate approx 60% of every organization that doesn’t service enterprise. That’s what you are seeing happening within IBM in real time. AK sold the board on exploiting enterprise as that’s where 80% of the revenue came from with only 20-30% of the personnel expense. IBM will continue to shrink until only enterprise remains.
YES. but I BELIEVE IN DEC.
Many on PIP from nov3 to dec4 - so termination and probably RA will be Dec 5th
Sales will be eliminated. All will become TSL
Im just worried I will not get Severance if I don't accomplish the PIP. Any lawyer could help?
@ds its all about their office leases. Check it out. Tons not being renewed.
Yeah, IBM doesn't even plan that far in advance. IBM is run quarter to quarter by Finance. Whether or not there is a "massive RA beginning of 2027" will 100% depend on what the Q4 results look like and it will be calculated based on what is needed to hit a particular Q1 number.
@OP, either you’re plugged into a Bob Moffat-like Sr VP , CEO, or board member who’s committing securities fraud or you’re delusional. I spent a quarter century in IBM management (and am still there as a targeted older individual contributor they keep trying to push out for $)
As a manager, I participated in many rounds of layoffs. I also helped plan a few RA’s that got cancelled at the last minute. In management circles there are always rumors flying. But nobody below band B (usually band A) knows about layoffs this far in advance. It would be shocking if finance hadn’t run hundreds of what-if models for that scenario to answer executive questions when the day comes. But that’s like US military planners constantly revising battle plans for conflicts and invasions of almost every country, even though most of those will never occur.
I read the newspapers too and see the public financial disclosures. Sure, early 2027 layoffs seem likely. But if you actually know and have told us then lawyer up, because you’re either going to be subpoenaed as a witness in a brutal criminal case or possibly facing an indictment yourself.
@aj Let's exclude the cash cow (Z Z Z) The only Crown Jewel left is Red Hat. Nothing that Red Hat has belongs anywhere near Z. But, so far even IBM has realized that (other than around the edges) you better not Blue Wash this. I think we paid $34B for it. Unlike Softlayer and and Tivoli and Lotus and OTI and countless others, IBM has allowed it to keep its own identity and ethos. (They get to work from home!) If you merge them with IBM, that $34B turns to dust. And I will be sad because I can't live without cygwin which is just a side project. OpenShift will die if it has to live in a pure IBM ecosystem. Eventually, HCL or Broadcom will buy what is left. If it's Broadcom, OpenShift will be merged into Tanzu.
As unbelievably stupid as IBM is, even they must realize that they will destroy the value of their $34B purchase if they force a merge into the main company.
How is Canada affected?
My my, hey hey. It seems the most pathetic person in the world today is the Republican IBMer. So glad I'm neither.
@aj it’s already happened and yes very chaotic
You know something is coming. They’ve already starting releasing people or PIP’ing them in small numbers. At this point it’s likely that they’ll just axe people during the traditional January shuffling of the Titanic deck chairs. I’m so glad I’m out of that place. I hope you all escape as well.
I heard that most of Red hat will be merged with IBM causing panic on Red hat side
what is your source ?