Laid off in Q1. 2000 job applications later, I still have not replaced my job. Guess I will start driving Uber now. Thanks Arvind!!!!
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I get that Christmas has been heavily commercialized.
But walking around the day before Christmas, I noticed its spirit or festivity has faded away quite a bit. Everything appears for lack of a better word bland.
It is almost as if Santa has had his soul ripped out.
A national migration from globalization may not save IBM, but it WILL save future generations of American children that need productive futures. Globalization and labor arbitrage has been IBM's sole business model for so long that it has rotted out the company. It has access to the cheapest of labor all around the world, but it is bereft of the creativity, vision and HOPE that all successful businesses have.
At this point, IBM has that cheap labor, a declining sales force, a consulting organization, and its legacy big iron businesses (mainframes and enterprise-grade servers). It's enough to sustain a shrinking company, but not enough to make it grow and thrive. I'm not a M&A expert (not even a novice heh), but could IBM be a hostile takeover target? I haven't looked lately to see who actually owns the stock.
I couldn't have said it better myself amd in the end you follow your heart and where it leads you.
Globalization is a scam invented by the McKinsey and IBM consulting crooks - I knew it in 1997 when they were rolling it out and telling everyone that you were going to progress to do higher level work. A total lie which would just lead them to lay you off once you taught your replacement in India or some other 3rd world country and were no longer useful to IBM. Globalization is still going nowhere and has put even McKinsey into the gutter recently (serve them bloody right too) for making illegal dr-gs.
Yes, the US needs to get rid of this globalization BS, bright back manufacturing and stop
reliance on India, China and elsewhere. Americans need to make and forge our own destiny and not care about what the rest f the world thinks or does. We got ourselves into this mess, we can get ourselves out again. We saved Western Europe during WWII and we can lead again. We don't need globalization or socialism to tell us how to manage ourselves in the US.
But we need to be firm and resolute in what we do and not waver; globalization has had it's time in the sun at our expense and now must be put away.
In the end, I would look for the people of the US to follow their (our) own path and go away from globalism and labor arbitrage as a primary business model. (Re)Invest in America and sell AMERICAN-MADE stuff to Americans or you face heavy tariffs and congressional action...end of story.
Now, this doesn't mean that companies like Apple will be forced to abandon their foreign factories...far from it. But it does mean that from here on out, every labor arbitrage decision will have a political pricetag attached to it. Do you build iPhones in China or wherever, accept the import tariffs and subject yourself to potential congressional action? Or do you make life simpler for yourself by building in the US?
This is a decision that car companies face every day. Stellantis (Chrysler/Dodge/Jeep/RAM) under Carlos Tavares (and Joe Biden) was steering the company to a model of mostly foreign-built EVs imported and sold to Americans at huge markups. Trump got elected, and Tavares was forced out soon after. Now there are moves afoot to break off CJDR and once again put them under US ownership.
What would people think if IBM were forced into a similar fate? It's not like AK and the BOD are providing great leadership right now.
"Why? Because skilled and semi-skilled labor has become a commodity, and access to the Internet has made location a non-issue. It’s all about who can deliver services cheaper! Apple adopted this model years ago and they have driven their market value into the “trillions” range. "
It is not a successful model. The US debt in 2000 was 5 trillion. Now 25 years later it is approximately 37 trillion. The internet doesn't genetically make someone smarter nor will it modify a country's culture. The US is just being strip mined and I really can't find anything that has improved with that extra 30 trillion in debt. This will end poorly either with a world war or a collapse.
and, a Happy New Year to you, pawn, as your job disappears on January 2, 2025 !
Of course, there's no Cinderella ball for you to attend either.
Arvind said: “The board have asked me to replace all the expensive complacent din.osaurs in North America at IBM with cheaper employees from offshored low cost areas; my job and excessively high compensation are at risk if I don’t perform;
Even google is cleaning up its swamp.
No more layoffs this year .
Until next year, Merry Christmas everyone !!!”
When Kyndryl went public they had to disclose their go to market plan. You can read it in their founding documents. The big nugget in those documents was Kyndry’s plan to house 92% of their employees offshore so they could be competitive. To date they have exceeded that percentage. Why? Because skilled and semi-skilled labor has become a commodity, and access to the Internet has made location a non-issue. It’s all about who can deliver services cheaper! Apple adopted this model years ago and they have driven their market value into the “trillions” range. IBM saw that business model and adopted it (hook line and sinker). If you think IBM will not copy that model you are not paying attention. Designed in the first world, but build and serviced in the third world. It’s all about costs and nothing else, unless you have a very very unique skill set that IBM can’t replicate. Those jobs are few and far between. Given Kyndryl’s business model and IBM’s CFO’s desire to lower costs (remember he just committed to an additional 1 billion in savings in 2024 on top of the previous 3 billion dollar commitment), IBM is heading for 20-25k headcount stateside. Unless things change, 2025 is going to be a 2024 replay and yes it’s going to hurt.
The tide is turning against IBM and Kyndryl since they started RAs years ago. If no one buys IBM or Kyndryl products or services, they are forced to go to the wall with their evil management. Alvind will likely be forced to sell more parts of IBM to his Indian cronies in HCL, Wipro or some other dirtbag Indian company at bargain basement prices. The fire sale is coming. IBM and Alvind are going to become irrelevant - all good things come to an end. IBM Management Greed conquers all in this case.
Alvind and his crooks can run but they cannot hide any more.
'Everybody knows what's going on, and that knowledge has helped to turn IBM (and Kyndryl) into what they are today'
I thought IBM disappeared a long time ago.
Do they produce anything that the average citizen will buy?
The 'printing of money' from the FED is the giant loophole that allows these behaviours to continue.
The advice to put a boot in IBM's a** is sound, but with one caveat: Angry employees have been doing it for 35 years, ever since the first RAs began in the 1990s. There are now entire generations of ex-IBM employees all around the world, all of them warning about IBM's labor practices. Everybody knows what's going on, and that knowledge has helped to turn IBM (and Kyndryl) into what they are today.
CA: probably https://www.reddit.com/r/IBM/comments/1cbhuio/c_art/
Using executives initials or first names is a problem here. Lots of people here don't realize that most executives aren't known about outside their organization. If I'm in Software or Infrastructure and you give me a piece of a name in Finance, or Sales or Consulting, I'm not going to have a clue who they are.
Arvind said: “What a beautiful country! I’m living the American dream, making many millions, replacing fellow Americans with my native countrymen from I.ndia in the process and I’m not even American…”
AK is anti-chr.ist and doesn’t care axing employees before Christmas; he just wants to preserve his high paying job compensation
Whenever you get a chance to put the boot to IBM's collective executive backside by ignoring their bids for contracts or using products, you should do it. After all, they treated you like garbage, it is time to return the favor, and send then into the dumpster of he-l. They will go under after all the evil that they have done to honest and hardworking employees from Gerstner to Alvind. There is no getting around this - word gets around very quickly particularly about IBM junk products like Apptio and associated trash. What goes around, comes around - it's karma, and no one who participates in evil escapes, especially IBM managers and executives. Yes Alvind, you can run but you and your evil managers cannot hide.
Laid off in 2022. One of the IGF “redeployees” in 2021.
Threw myself into it and slightly more than a year later successfully fought off a PIP. Two months later I told I was no longer needed as my job had been restructured out of existence (only to reappear two months later with a much younger employee in it).
Anyway, I reinvented myself into something completely out of tech, albeit on a much lower salary.
Having more fun now, not looking back, other than to say that IBM stinks and is emblematic of the rot in much of corporate business: the focus on financialization, the short term view to please the Street, failure to develop new technologies from inside, mistreatment of customers and employees, and the excessive remuneration at the top. Talent should avoid IBM like the plague.
As former professor of mine would always say: “Eventually the birds come home to roost.” And for IBM, they will.
Contractor here, non-renewal as of 12/31/24. Somebody in procurement got pi$$ed at my contract agency and fired us all. May management roast in he** and suffer as much as humans can stand before then.
@wuh+1w37iJCN I'm literally in my 30s and have 3 STEM degrees. I did my job excellently while at IBM. I feel frustrated that executives get fat bonuses while I get the boot for the business failings which were no fault of mine. Some day, I will be in a position where I have the option to work with IBM, and I solemnly swear that I will NEVER, EVER do business with this company. There is nothing but badwill when it comes to IBM. By the way, CA got fired (as he deserved).
@yjj+1w37iJCN Thanks boss.
As someone who escaped recently, you have my sympathies. I hope 2025 is a better year for you.