Thread regarding IBM layoffs

IMO The moratorium on RAs is over. We will go back to how it’s been for the last 10+ years which is rolling nonstop layoffs. They will continue to cut NA heads and move those jobs to India. You will spend the rest of your time at IBM waiting to be fired.

IBM via AK’s previous statements was/is leaning very very hard into PIP and redeploy strategies vs RA’s. Most of that low hanging fruit (below 85% utilization, and consolidation/redeploy) has now been completed. IBM will now look at what businesses they must shed to be competitive against the new hybrid cloud strategy. I would expect that announcement to be made before the shareholders meeting, as IBM doesn’t want to surprise the long term institutional investors. IBM has been restructuring around the hybrid cloud strategy, which the institutional investors expected, BUT IBM has to ease their way out of legacy operations

There seems to be a new plan to "consolidate" product development two one or at most two locations. This looks for all the world to be a "co-location" redux. If implemented as stated, it will create stealth layoffs -- layoffs without severance. And those could happen this year.

In addition, another drive to "measure productivity [of developers]" will lead to those with insufficient "story points" per unit of time or iteration or sprint or ... to be selected for bottom 10% ranking. Those folks will be at risk sometime this year. Exactly how "productivity" will be measured in this new world has not actually been specified. But we all know that measuring lines of code or story points or a myriad of other specious elements has never told the whole story in the past and inevitably leads to gaming the measurement system.

These two measures were announced at the same time.

@1xtp why am I not surprised to hear this...

The year is still young and after after quarter announcement more ra's come

A ton is HR is about to be laid off.

Given the slow down in the entire industry, and the increase in interest rates, you can be assured thatIBM will initiate an action in 2nd q. NOTE the action could be RA’s, PIP’s, or redeploys. Each division within IBM tends to approach head count reduction in different ways. NOTE RA’s are usually reserved for businesses IBM has chosen to exit.
Consulting = PIP’s and non-backfill of folks who have quit
Software = RA’s
Infrastructure = redeploys and RA’s for positions offshored

absolutely. IBM is on track to cut another 5-10 percent within a year