Thread regarding IBM layoffs

This makes absolutely no sense

Our team lost two people with more than two decades of experience each. That is invaluable knowledge shown the door while people who just joined literally in the past 12 months are still here. Who makes such colossally stupid decisions on who to cut? I know our manager had nothing to do with it because he's pi---d and he's not even trying to hide it.

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| 2331 views | | 16 replies (last September 23, 2024) | Reply
Post ID: @OP+1uApmqCy

16 replies (most recent on top)

More than 20 years at IBM ====> Too expensive and too complacent

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Post ID: @4hly+1uApmqCy

More than 20 years at IBM ====> Working at Walmart next

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Post ID: @4xcv+1uApmqCy

More than 20 years at IBM ===> unemployable ====> Retirement

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Post ID: @4ifw+1uApmqCy

Everyone complaining about AK needs to get their heads examined - Ginny, your typical suburban Karen did the most damage and maximum number of layoff's under her watch and all we heard were crickets!

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Post ID: @3kqr+1uApmqCy

Maybe the (2) former employees with 20+ year’s of experience each were not very good performers. People do become very complacent.

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Post ID: @3rmw+1uApmqCy

If AK wasn’t Indian he would never had been selected to be CEO; because the board needed an Indian to offshore high paying jobs to India; this is the result of IBM not innovating anymore and becoming irrelevant

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Post ID: @1mqo+1uApmqCy

AK said: “I got selected by the board to be CEO to offshore US jobs to India etc..; If I don’t move high paying jobs to India, Mexico etc, IBM will go bankrupt , and I will lose my jobs and my $ millions from compensation “

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Post ID: @1gwc+1uApmqCy

AK said: “Dinosaurs rejects from IBM will end up working at McDonald’s “

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Post ID: @1zlf+1uApmqCy

@xrl

Pretty soon, AK is gonna say "too many cheap and incompetent Indians running the IBM sh*tshow into the ground. Can you hire me some cheap Africans instead ? With all the imaginary AI running, they don't need to do much work and I can pay them even less than Indians."

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Post ID: @1ywl+1uApmqCy

AK said :”Too many expensive IBM dinosaurs”

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Post ID: @xrl+1uApmqCy

AK said: “I will replace aging d_inosaurs with younger cheaper H1Bs; it’s just financial business “

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Post ID: @hhp+1uApmqCy

They totally can, and have, RAed people who joined within 12 months.

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Post ID: @whh+1uApmqCy

Why don’t they focus on the dead weight middle management ? They’re just glorified administrators who are incapable of doing any real work.

They’re good at scheduling meetings and using worn out buzz words and demanding we “learn new skills” while most of them probably are incapable of doing basic excel functions

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Post ID: @zhs+1uApmqCy

It's a real shame that IBM isn't led by a LLM. Obviously not one of ours - but AK really doesn't add anything that a markov chain couldn't replace him with for a fraction of his bonus.

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Post ID: @xql+1uApmqCy

The people laying you off are 5 levels above you and see you as a line in an Excel sheet. They see you merely as cost, rather than what you achieve for the company. And when, in 12 months time, when we're making less money - they'll fire more vital 'costs' in response. IBM are experts at repeatedly cannibalising itself to give the perception of long profitability.

It can't last forever, but the markets only see last quarter and next quarter. We're led by that, rather than anyone with any vision.

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Post ID: @jbo+1uApmqCy

They can’t generally RA anyone who joined within 12 months. Also the experienced employees are probably higher bands, so $$$

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Post ID: @zul+1uApmqCy

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