Half […] And for now enterprises are slowing down on projects as they are busy with reopening plans,” he said. Red Hat k--ls off CentOS; users frustrated, angry and annoyed. read more, AK asks to share the thoughts on where IBM is wasting resources and where we can save money. IBM layoffs will impact 10,000 employees across Europe, Bloomberg Radio reported this morning. read more. read more, December 15, 2020 IBM announced plans in October to spin off its $19 billion managed infrastructure services unit into a separate company by the end of 2021. How can they continue to reward incompetence... Our sales people are shuffled around constantly and can’t make long term strategic deals, our products change or rather rebrand everyday, we then have too many generalists... India Business News: Within 50 days of his taking charge, IBM CEO Arvind Krishna has undertaken a major layoff exercise globally. IBM confirmed reports from overnight that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. '20,000-plus staff' could face the chop in spin-off of IBM's IT outsourcing biz, says Wall Street analyst Paul Kunert Wed 14 Oct 2020 // 10:01 UTC Analysis IBM will push through a major restructure at the IT outsourcing business it's spinning off, with 20,000 or more staffers facing the chop, an analyst estimated. IBM layoffs will impact employees in at least five states — California, Missouri, New York, North Carolina and Pennsylvania — according to Bloomberg. “IBM’s work in a highly competitive marketplace requires flexibility to constantly remix to high-value skills, and our workforce decisions are made in the long-term interests of our business,” an IBM spokesperson told TechCrunch. Do you think the next rounds of RAs will be based on... read more, The survey found that 62% of Cisco employees said that “yes, I am constantly anxious” about 46 were here. —  The 90 cuts at IBM’s Silicon Valley Labs and 50 cuts at IBM Research-Almaden are among what are likely thousands of layoffs across the New York-based company. https://www.prnewswire.com/news-releases/ibm-acquires-expertus-technologies-inc-to-expand-hybrid-cloud-digital-payment-solutions-301193468.html IBM wants to hire applicants without college degrees. read more, https://www.theregister.com/2020/12/17/ibm_ceo_arvind_krishna_appointed_chairman/ Holger Mueller, an analyst at Constellation Research, says that IBM is in a tough spot. —  read more. Managers that use A.I. The IBM job cuts, expected to be completed by mid-2021, will involve staff across the United Kingdom, Germany, Italy and additional countries. The Op ? The Layoff List was created in 2019 and is free for the community. “We have continuously reinvented ourselves for more than 100 years, not many companies can say that”. then, IBM seemed to be interested in changing the tune and making things work for older folks as well. “IBM remains focused on helping our clients adapt to the immediate challenges of the COVID-19 pandemic, while we continue to enable them to shift their mission-critical workloads to hybrid cloud and expand their use of AI to help transform their operations," said Arvind Krishna, IBM chief executive officer. Cisco, Oracle, and IBM topped a list of companies with employees that constantly feel anxious about losing their jobs, according to a recent survey conducted by … Dominic Daninger, vice president of engineering at Burnsville, Minn.-based Nor-Tech, an Nvidia —  https://www.theregister.com/2020/12/08/forrester_wave_hybrid_cloud_management/. Once IBM announced the split IBM/NewCo, I understood that the company does not see me as an added value, but just as a cost. Daily Job Cuts / Layoffs - Your source for daily economy updates on recent Job Layoffs 2020 / 2019 , Job Losses, Layoff News, Store Closings 2020, Bankruptcy, Business and Economic News IBM announced this week that it is spinning off its legacy Managed Infrastructure business into a new public company, thus creating two independent companies. importance of the data center market to Nvidia, which... —  How do you perceive this? is RA done in the US? International Business Machines Corp. plans to cut nearly 10,000 jobs in Europe ahead of a broad shift to a hybrid cloud approach. What do you think will happen over next few years? Essentially, you lay off some of the people without the skills you need and who can’t be re-educated and you bring in people with certain skill sets. I left in 2017 as the talks about older folks discriminaton was heating up. —  Allow me to summarize: "We are looking for folks that will work cheap and whose ceilings will remain low because they don't have college... IBM is moving as many resources as it can to the cloud. There’s really no area of ibm that is ACTUALLY GROWING. IBM CEO Arvind Krishna. A much higher percentage of employees at Cisco and... While there is no official number, Bloomberg is reporting that today’s number is in the thousands. —  —  —  —  —  Doing whatever it takes to keep their director role or above. Got an email last night: 146 new Partner and Executive promotes in GBS. Just last week, computing giant IBM announced it had made the decision to cut an unspecified number of jobs in the US, across at least five states. International Business Machines Corp. cut an unspecified number of jobs across the U.S., eliminating employees in at least five states. Only half of IBM employees are anxious about getting fired. Uber Technologies and Lyft , the two ride-hailing companies, have initiated layoffs, as … They are asked to hire 100 people with a mandate to... Digital is a total overlay and a... —  effectiveness—“doing the right things well.” The news comes against the backdrop of companies large and small laying off large numbers of employees as the pandemic takes its toll on the workforce. Patrick Moorhead, principal analyst at Moor Insights & Strategy, says he’s hearing the layoffs are hitting across the business. —  ‘will replace those that do not,’ IBM executive says, Company is in a crisis and lowest stock price in a decade - but here’s 146 new GBS Partners and Executives, IBM's Letter to Rometty details $20k PER DAY GUARANTEED for 36 Months, IBM CEO Arvind Krishna needs new business cards already after appointment as board chair, IBM Acquires Expertus Technologies Inc. to Expand Hybrid Cloud Digital Payment Solutions, 2020 Company Rankings * Drucker Institute. “I’m hearing it’s a balancing act between business units. read more, Extreme, maniacal focus on Checkpoint by Dec 21 in Watson health and VPs and managers pushing hard do it now above clients deals or anything. In addition to GTS, reports indicated that layoffs included employees in IBM’s cloud infrastructure, security and health care divisions. Armonk, NY 10576 Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts. So not a net reduction in headcount,” Moorhead said. IBM Corp. is cutting jobs in the first major layoffs under new Chief Executive Officer Arvind Krishna, according to reports late Thursday by Bloomberg and the Wall Street Journal. read more. Big Blew at #3!?!? Who can do it ? It apparently wants to focus on skills that can help them get there. It’s worth noting that IBM used a similar argument back in 2015 when it reportedly had layoffs. What a difference two... of IBM employees said they had the same... If AK wants suggestions on how to save money, how about stop botching deals like this. read more, so hearing that managers, exec's, etc have been made to sign NDA's and that some big changes are afoot for IBM Jan and Feb, Apart from the obvious k–ling of the staff what has anybody heard? getting fired, which was just ahead of the 55% of Oracle employees with the same response. —  This is not normal. IBM has not denied reports that it will be laying off staff, telling ZDNet that employees will have the opportunity to re-join Big Blue where roles are available. The... A free inside look at company reviews and salaries posted anonymously by employees. The company … read more, Of all the known companies in usa, is ibm the worse paying? —  It’s highly inefficient as is now with 50% or more really not working. You can find it on the intranet. IBM Announces First Job Cuts Under New Chief Executive An unspecified number of employee layoffs come as coronavirus pandemic triggers … I always wonder, what is the reason? IBM was probably due for a workforce reduction, regardless of the current macro situation, as Krishna tries to right the financial ship. read more, Wake up IBM Defund and dismantle Digital Sales immediately. He added that “we are at a turning point and I am... News, personal experiences, rumors and speculations about layoffs at your company. Employees in GBS haven’t gotten pay raises or bonuses in years. In June of last year, IBM executed a … For my European colleagues have a look at the last status from extraordinary meeting EWC on 18-12-2020. This includes, sources said, a few hundre Mrs. Virginia M. Rometty We used to be the best of, now we keep popping up on more and more worst of rankings. That feeling held on for a few months, half a year at the most. It’ll be done in two waves and from what I saw the severance packages will be pretty decent. Holdings Inc. and International Business Machines Corp.), George Fisher (Eastman Kodak Co.) New Orchard Road read more, I did guess it was not possible. Analysts just rated it a mere 'contender' for hybrid management, Nvidia Hires IBM Vet Steve Fields To Work On Data Center Systems, Use of this website constitutes acceptance of our. —  Arvind Krishna, CEO, IBM The layoffs come as enterprise hardware giants struggle to maintain sales amid the coronavirus pandemic and resulting economic fallout. A senior vice president shares what he looks for in future employees. Why the post "The Ghoul is Finally leaving..." etc.. has been cancelled ? IBM isn’t discussing its job actions and that has made the union the primary source of information about layoffs. Secret meetings and box files mysteriously vanishing.. all they care about is powerless no-point slides and... – the inmates have taken over the... — read more Which IBM products are … read more, IBM snaps up Finnish cloud firm Nordcloud as battle with AWS, Microsoft and Google heats up Night: 146 new Partner and Executive promotes in GBS haven ’ t gotten raises! Isn’T discussing its job actions and that has made the union the source. Reported this morning many companies can say that ” 100 people with a mandate to... read... One is 100 percent on point, I guess AK will just have be. @ IBM organizing campaign he ’ s worth noting that IBM is moving as many resources as it to! Companies that have been forced to engage in layoffs amid the pandemic types, divisions., largely target its Global Technology Services and marketing organizations packages will be pretty decent year the... 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