It's bittersweet. I've seen the company change a lot over the years, and not for the better. And yet, I see so many young people joining who are energetic, smart, and hungry to succeed. I hope they get to experience at least some of the joy I had at IBM, and a lot less of the stress I had to deal with along the way. Good luck to you all, and keep pushing things forward.
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@a6 In 2024 IBM replaced its 5% 401(k) employer match and 1% automatic contribution with an automatic 5% contribution to a Retirement Benefit Account (RBA) inside its legacy defined-benefit pension plan. The account basically earns the 10-year Treasury yield. This has a brutal on younger workers because they miss out on this part of their retirement money benefiting from being in the market over the long term with compound growth. The older part of the workforce has already built up their retirement bankroll. You basically end up lending IBM your retirement money at a VERY VERY LOW rate. Cr-ppy deal for employees, great deal for IBM.
Stress is not good for your health, you will live 10 years less because of IBM.
IBM is becoming more and more of a scam with each passing year
IBM is the place where mediocrity prevails.
Congrats on your escape! I left earlier this year. Ive been planning my escape ever since the current joke of a CEO decided it would be a great idea to take away our 401K match. Took awhile but I got out.