Back in 2011, IBM guided for EPS of $20 a share by 2015, up from $11.52 in 2010. However, that goal soon became more of an albatross than a guiding light. The promise was made by Palmisano, but was tasked to Rometty, who was named CEO in 2011. During... read more
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Layoffs have started. People are being given one month's severance and their last day will be the 28th. They sent out an email about two months ago encouraging people to find other jobs. They are counting the email date as the beginning of a 90 days... read more
Every one should go to Vegas and protest Ibm at fast start big time casinos do not like bad company like IBM so if you want a class action lawsuit then the best way is to go to Las Vegas and protest IBM. Let it begin come Monday morning
IBM's stance puts it at odds with trends in the tech industry and broader corporate world toward sharing diversity success stories and best practices, instead seeming to view diversity as a zero-sum game. The lawsuit is unusual because IBM is arguing... read more
/ Warren Buffett’s bet on International Business Machines Corp. (NYSE: IBM), which he has almost completely abandoned, was based on his belief... read more
My last day is 3/1 and will have a 30 day severance payments. COBRA standard, benefits for three months. They help the transition with a $2.5K edu payment (oh well, let me learn something). The call was under 5 minutes. Cold. Detached. After 21 years... read more
She was bleeding blue, believed the brand, believed in GR. I'd complain (I work for HPE) about both HEP and IBM, she'd always protect IBM - today, her eyes opened up. I hope you see what's going on as well. Be careful, plan your career, hedge your... read more
I came here to say F--- IBM CONCUR - seriously. I have no other avenue where I can express my utter anger - so, here it goes layoff.com: F--- IBM CONCUR!!! And f--- that "In progress-editing reservation" f---ing message that's stuck on my screen... read more
Dear Ginni: Happy Valentine's Day! Love, Warren / (See also related article with video) --... read more
“We are certainly the world leader in Artificial Intelligence but I believe Augmented Intelligence is the future,” Rometty said, adding that 100 per cent of the current jobs will change and hence there is an immediate need of re-skilling required... read more
So in case anyone was wondering what Ginni's doing while this RA is hitting the U.S., she's over in India schmoozing with Modi & other India I/T leaders touting the ‘big bet’ that IBM's making on India. Gee, I wonder what the main component of that... read more
I have a great track record, but, I am seeing way too many peers getting blown up. I am hoping I can get at least another couple of years before the same starts over there.
Well I over heard a first line manager saying Monday RA
The massive across the board layoff date has been set for March. No one will be spared
Folks at the top jumping ship even at the risk of getting sued for allegedly violating their NDA! And she's the former HR VP and Chief Diversity Officer at IBM to boot, running away from the burning, crumbling ruins right before another RA has just... read more
Do the leaked possible reorganization and potential layoffs of much IBM staff and layoffs figure into IBM's projection of flat earnings per share for 2018? Not something they will advertise in advance on their earnings call. However, severance costs... read more
I left in 2015, would someone be able to tell me if a link for downloading IBM W2 is available for non-employees. If yes, please post the link here or let me know who to call to request it.
When does IBM usually send out W2s for folks who are not with IBM. I'd like to see if I can get a paper copy of my W2 form for the last year...
Knew it was coming, now it's official. Got great work reviews, created a product that was lucrative.. didn't matter. brutal.
Martin Schroeter, vice president at International Business Machines Corp., said the company is “absolutely delighted” about the tax law—then cautioned it wouldn’t result in any immediate changes to spending. IBM, PayPal and Intel declined to comment... read more
I just looked at IBM reviews on Glassdoor. I want to work at the make believe IBM those people are hallucinating about, not the real one I have to look at every day.
Like the Roman Empire, IBM will also fail.
Cringely's latest: "You see the point of this H-1B reform will be mainly to get rid of the Indian outsourcers so their H-1B slots can be used by American companies hiring directly. It’s for this reason that the Indian companies are hiring U.S... read more
The theory has been that RAs would happen before folks are approved to book travel for FastStart training in Vegas next week. We were told travel approvals would be sent this week, so I figured the stuff would hit the fan in conjunction with that... read more
Select layoffs (as in the past to stay under the media notice wire) likely to occur just after IBM THINK conference. Just wanted to agree with whomever posted this. I highly doubt there will be these huge layoffs mentioned in a few posts, but this... read more
This one's beautiful.... offer voluntary redundancies (at statutory minimum payout of course) then at the 11th hour, retract the offer. Hey presto, most employees concerned find employment elsewhere and IBM save a bundle on redundancy pay. I wonder... read more
“Certain American companies need to decide whose national security they really care about: America’s or China‘s?” Pittenger said. CFIUS has become more cautious since Trump was inaugurated a year ago amid growing political and economic tensions... read more
I looked in vain for IBM on this list. I knew it was in vain, but there's always blind hope. h++ps:/ I'm sure any tax windfalls IBM sees will line more pockets of the execs who are destroying the company.
"But business leaders have a message for Congress: Pass a law to save DACA Dreamers by January 18 or you will be causing US companies a lot of disruption and expense." ". . .a lot of disruption and expense." Really? At last official count, there were... read more
Where can I find this?
An exec just said blatantly in a pretty large all-hands call (sales/tech sales) that there is currently a right-sizing exercise going on in IBM and it will affect everyone (all orgs). No other details given, other than it will be discussed in each... read more
Lots of tweets focusing on Ginni at Davos and about the imperiled Dreamers. I wonder how many tweets there'll be about all the loyal, hard-working, American citizen IBMers that are getting canned, lives destroyed, when the next RA strikes?... read more
Looks like we can expect IBM to be reporting "headwinds in overseas markets", or similar, as a contributor to their future quarterly misses. / Bill to... read more
Ok so I just started my training for fast start but just got a cheet sheet for a manager there passing it around so not to worry just ask you can go party in Vegas
Job cuts and re-organization happening today at IBM Canada (Cloud Managers were only informed yesterday later afternoon if they were still employed. And today is when they have to decide who is on their smaller team and who is not.
The "do not distribute" slide that is floating around has been published by The Register: / On the left-hand side are the current positions of the employees, referred to as "sources of... read more
"After providing a disappointing earnings outlook last week, 'Big Blue' now makes up about 0.6 percent of the S&P 500 and has sunk to 35th in the index, according to FactSet. Howard Silverblatt, a senior index analyst at S&P Dow Jones Indices, said... read more
Was just wondering when these 10,000 cuts are going to start taking place? I've seen the number circulated all around, but no date attached to it (might have missed it, but I don't think so.) And is this truly going to be limited to GTS, or should... read more
Oh, how perfect is this! /