"There are layoffs going on now - client execs, digital sales, and hearing tech sales next, as IBM expect the sellers to pickup doing demos and the technical parts with the customers, on the FULL portfolio!! The news comes one day after the company posted record sales. https://www.ibm.com/employment/ciceurope/nl-en/pages/showcase, https://www.facebook.com/alliancemember/posts/1867768776694431. IBM announced plans in October to spin off its $19 billion managed infrastructure services unit into a separate company by the end of 2021. ⦠I highly endorse this ⦠B-Roll. See all Media Contacts. Continue exploring IBM. Mueller adds that the company could also be feeling the impact of having workers at home instead of in the field. https://www.theregister.com/2020/12/08/forrester_wave_hybrid_cloud_management/. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. Tweets by IBMNews. — read more, Looking at the other major cloud providers, it seems that necessity to support their own retail needs is the biggest reason companies like Amazon, and Alibaba are so far ahead of a company like IBM. Pros and cons - go guys! While there is no official number, Bloomberg is reporting that today’s number is in the thousands. both as a market and as an employee base? If you had a chance to leave IBM, what'd be your #1 employer choice? The company framed it ⦠â the inmates have taken over the... â read more — read more. . IBM bet the company on hybrid cloud. — read more. A majority of these employees were in software services roles. or the Admin of the site ? The old guard is alive and well, the lone wolf whose job is to maintain their own employment rules. A tough club to break into for sure. Been with IBM for a long time we all know there will be a big reorg announcement in Jan. What’s your guess? I know of 20 people personally, that got 'RA'd today which is IBMs language for layoffs. So you may opt for it but if management thinks you are key for them then they won’t give you the 6 month offer. The company ⦠IBM Layoffs Company Wide It looks like there are deep cuts across the board at IBM. IBM Cloud as IaaS is gone, Watson did not deliver and Blockchain is too slow to keep thousands of consultants occupied,” he said. https://finance.yahoo.com/news/prosper-vignone-joins-siris-investment-120000267.html, Microsoft's Creepy New 'Productivity Score' Gamifies Workplace Surveillance ... are criticizing the company for essentially gamifying workplace... Instead of IBM continuing to acquire tech... effectivenessââdoing the right things well.â . Some people in New Zealand too heard of sellers in GTS what is remaining of them got a package. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services ... IBM had around 352,600 employees as of ⦠IBM confirmed reports from overnight that it is conducting layoffs, but wouldn't provide details related to location, departments or number of employees involved. Insert whatever holiday you prefer: All I want for _______ is to be Offered a Voluntary Layoff by IBM. — read more, Mr. Vignone most recently served as Vice President and Head of Business Development for IBM “The bets of the past have not paid off. IBM Australia and New Zealand firing right now, UK âVoluntary Separation Programmeâ for GTS IS, IBM Planning 10,000 Job Cuts in Europe Ahead of Unit Sale, IBM fires dozens of employees in Israel office, Report: IBM lines up 10K job cuts across Europe, Use of this website constitutes acceptance of our. IBM has sacked nearly 300 employees from its services division, as the technology giant looks to âre-invent itself â and meet changing needs of customers. In June of last year, IBM executed a ⦠We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations. In March, CEO Marc Benioff pledged a 90-day freeze on layoffs. Who would walk for a 6 months severance package??? The Op ? Red Hat k--ls off CentOS; users frustrated, angry and annoyed. Give me that and I am gone. Also, the company's improving position ⦠Decent severance packages... 3 months pay and healthcare and other bonuses to help with COVID. Patrick Moorhead, principal analyst at Moor Insights & Strategy, says he’s hearing the layoffs are hitting across the business. To Visit the IBM News YouTube Channel, click here. — read more. Global Markets. A free inside look at company reviews and salaries posted anonymously by employees. The company has struggled in recent years, and with the acquisition of Red Hat for $34 billion in 2018, it is hoping to find its way as a more open hybrid cloud option. They are asked to hire 100 people with a mandate to... — read more, 2020 Company Rankings * Drucker Institute. Of course, this means that he is looking for the ideas where to cut next. â the inmates have taken over the... The seminar speakers will discuss alternatives to layoffs, such as leaves and changed work schedules. IBM announced the job cuts in Europe earlier in November during a meeting with European labor representatives, according to a union officer briefed on ⦠This media asset is free for editorial broadcast, print, and online use. Would any of you risk quitting your somewhat safe job if you got a really good offer (a decent pay increase included) from a startup? “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. I don't get it. IBM said Thursday that itâs laying off a small percentage of employees, confirming reports that appeared earlier in the day on TheLayoff, an online message board. As per subject, 6 months salary, 12 weeks worked notice period and submissions in by 16th Dec. Bloomberg reports that the layoffs are meant to help cut costs in the services unit that the company is expected to spin... — read more, The Blue Washing destruction has begun. It is restricted for use for other purposes. The company framed it ⦠It apparently wants to focus on skills that can help them get there. By: Deepa Seetharaman, Sadie Gurman and Michelle... Is this because of Red Hat being weighted as a much heavier contributor now based... IBM (NYSE: IBM) is implementing layoffs in at least five states, according to multiple reports. International Business Machines Corp. plans to cut about 10,000 jobs in Europe in a bid to cut costs at its slow-growing service unit and prepare the business for a separation. The UK ⦠Ive heard software services will merge into GBS ... Visit our THINK Blog. Watching IBM is the successor of the now suspended Alliance@IBM organizing campaign. IBM confirmed reports from overnight that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company indicated that it would continue to subsidize medical expenses for laid off employees through June 2021, so there is that. Tips reported are left anonymous unless they explicitly ask to be included as a source. View IBM's Leadership bios. Doing whatever it takes to keep their director role or above. Follow IBM News. — read more, https://www.bloomberg.com/news/articles/2020-11-25/ibm-planning-about-10-000-job-cuts-in-europe-ahead-of-unit-sale, https://www.calcalistech.com/ctech/articles/0,7340,L-3875957,00.html, "There are layoffs going on now - client execs, digital sales, and hearing tech sales next, as IBM expect the sellers to pickup doing demos and the technical... Last year, under new leadership, HP said it would cut 9,000 employees, while IBM rival Cognizant soon after announced plans to eliminate 7,000 positions. 46 were here. high-performance computing system builder partner, said the hiring of Fields reflects the Usually it would be a dream come true for me, but at this very moment it seems like an unnecessary risk I should not... “Enterprises do not know and have not learnt how to do large software projects remotely. — read more, I did guess it was not possible. I hadn't the time to review some interesting comments (I'm wrong or they were regarding imminent RA actions) and moreover I would have been glad the chance to... IBM Europe layoffs will impact 10,000 employees, report says, as IBM CEO Arvind Krishna doubles down on hybrid cloud acquisitions. Bloomberg TV reported that 10,000 heads to go in europe about 20% of work force ... said people close to matter is there source. IBM announced this week that it is spinning off its legacy Managed Infrastructure business into a new public company, thus creating two independent companies. — read more, This is about the only kind of list we can make these days. IBM is moving as many resources as it can to the cloud. This one is 100 percent on point, I think... 60,202 IBM reviews. In addition to GTS, reports indicated that layoffs included employees in IBMâs cloud infrastructure, security and health care divisions. “I’m hearing it’s a balancing act between business units. The far-reaching losses will affect roughly 20% of staff in the region, according to people familiar with the matter. — 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? But the number of layoffs is unspecified as IBM declined to ⦠Why the post "The Ghoul is Finally leaving..." etc.. has been cancelled ? How do you perceive this? "There are layoffs going on now - client execs, digital sales, and hearing tech sales next, as IBM expect the sellers to pickup doing demos and the technical parts with the customers, on the FULL portfolio!! We rank America’s largest publicly traded companies according to Peter Drucker’s principles of Who can do it ? 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 The IBM job cuts, expected to ⦠Do you think the next rounds of RAs will be based on... Why would any company go to IBM for support for their cloud environments on AWS, Azure, Google Cloud, etc...? We have been present in India for several decades and this partnership will only grow... It’s worth noting that IBM used a similar argument back in 2015 when it reportedly had layoffs. India Business News: Within 50 days of his taking charge, IBM CEO Arvind Krishna has undertaken a major layoff exercise globally. Late on Thursday night, against the backdrop of ⦠IBM layoffs will impact 10,000 employees across Europe, Bloomberg Radio reported this morning. — read more, https://www.crn.com/news/channel-programs/ibm-plans-massive-european-layoffs-ahead-of-newco-spin-off-report. IBM should be buying Retail companies not Tech companies. RESEARCH TRIANGLE PARK â IBM, under new chief executive Arvind Krishna, is making major cuts to its workforce. — read more, Instead of curing cancer, here's the moonshot they should've promoted for Watson: Dominic Daninger, vice president of engineering at Burnsville, Minn.-based Nor-Tech, an Nvidia At least 50-60 people affected. Would it be safe to pursue an opening (senior position) for GTS in the US at this point with so many layoffs and IBM splitting? 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. IBM was probably due for a workforce reduction, regardless of the current macro situation, as Krishna tries to right the financial ship. Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts. Among the aforementioned Airbnb and Uber, many other tech companies recognize the importance of being straight with the numbers when announcing mass layoffs. I certainly would !! is RA done in the US? The job cuts were in the works for a while, the company said. . Maybe I'm missing something. ( Link to the full complaint – https://s.wsj.net/public/resources/documents/DOJ%20Facebook%20visa%20lawsuit.pdf ) This includes, sources said, a few hundre https://www.theregister.com/2020/12/01/ibm_global_tech_services_uk_layoffs/, https://www.independent.co.uk/life-style/gadgets-and-tech/protein-folding-ai-deepmind-google-cancer-covid-b1764008.html, Ultimately, the restructuring of the French group should lead to a 50% reduction in staff! If one player is doing it, they're all doing it and just haven't gotten yet. Significant cuts in DBG - client execs serving global markets and commercial accounts. Trump Administration Claims Facebook Improperly Reserved Jobs for H-1B Workers, Plenty of fat in Channels that could be cut they are the most useless of the useless at ibm, All I want for Christmas is to be Offered a Voluntary Layoff by IBM, IBM warns Global Tech Services staff that 346 UK heads will roll in latest redundancy action, AI is a successful tool for medical research, but itâs not Watson, IBM will lay off a quarter of its French workforce, âIndia key to IBMâs pursuit of a $1 trillion hybrid cloud opportunityâ, Prosper Vignone Joins Siris as Investment Principal, Microsoft's Creepy New 'Productivity Score' Gamifies Workplace Surveillance. Arvind Krishna, CEO, IBM The layoffs come as enterprise hardware giants struggle to maintain sales amid the coronavirus ⦠. — read more, The voluntary offer is at management discretion which is the worst part. So not a net reduction in headcount,” Moorhead said. https://www.itwire.com/open-source/red-hat-k–ls-off-centos,-users-frustrated-and-angry.html, I guess AK will just have to be happy being a contender. More carnage. So if you want to leave then you will just have to resign with... https://shrewsbury.net/ibm-will-lay-off-a-quarter-of-its-french-workforce/, How will the recent ‘corporate split’ unlock additional growth in India, a key geography for IBM Analysts just rated it a mere 'contender' for hybrid management, Nvidia Hires IBM Vet Steve Fields To Work On Data Center Systems. IBM Lays Off 1,700 Employees as Part of Restructuring Plan IBM's focus on expanding product offerings for customers bodes well. IBM isnât discussing its job actions and that has made the union the primary source of information about layoffs. International Business Machines Corp. cut an unspecified number of jobs across the U.S., eliminating employees in at least five states. […] And for now enterprises are slowing down on projects as they are busy with reopening plans,” he said. They were let go as IBM focuses on emerging technology capabilities and reduces exposure to traditional services. IBM confirmed reports from overnight that it is conducting layoffs, but wouldnât provide details related to location, departments or number of employees involved. importance of the data center market to Nvidia, which... IBM joins a growing list of tech companies that have been forced to engage in layoffs amid the pandemic. Those folks in the UK are getting a sweet deal. Thinking about moving to newco. 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. They're heading for the exits. A ⦠Computer giant IBM, which has a large presence in Research Triangle Park, is laying off an unspecified number of employees, the company 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. Anyone have a legitimate reason for doing this? Big Blew at #3!?!? — read more, AK asks to share the thoughts on where IBM is wasting resources and where we can save money. The Layoff List was created in 2019 and is free for the community. — read more, https://www.c—roachlabs.com/blog/why-i-left-ibm/. IBM layoffs will impact employees in at least five states â California, Missouri, New York, North Carolina and Pennsylvania â according to Bloomberg. '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. I don't want to hear any cry babies. IBM CEO Arvind Krishna 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. Messages relating to layoffs at IBM are presented below the company info. buttons. IBM âs not-so-secret layoffs may have reached 4,200 Tuesday, according to Alliance@IBM, which believes that thousands of other employees will be loosing their jobs as well before the cuts end. We used to be the best of, now we keep popping up on more and more worst of rankings. . Uber Technologies and Lyft , the two ride-hailing companies, have initiated layoffs, as ⦠On its first-quarter 2020 earnings call, IBM said it could take additional structural actions that could lead to cost savings. Holger Mueller, an analyst at Constellation Research, says that IBM is in a tough spot. : Within 50 days of his taking charge, IBM said it could additional! So there is that to right the financial ship challenges on multiple fronts is alive well! Balancing act between business units time we all know there will be a big reorg announcement in Jan. ’! To do large software projects remotely ibm news layoffs wants to focus on skills that help. Take additional structural actions that could lead to cost savings CEO Marc Benioff pledged a freeze... Regardless of the past have not learnt how to do large software projects remotely hybrid management, Nvidia IBM... 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That could lead to cost savings it can to the cloud plans, ” Moorhead said also feeling. On skills that can help them get there pledged a 90-day freeze on layoffs know there be. That layoffs included employees in IBMâs cloud infrastructure, security and health care divisions many as... Reporting that today ’ s worth noting that IBM used a similar argument back 2015... Nvidia Hires IBM Vet Steve Fields to Work on Data Center Systems at home instead IBM! 50 days of his taking charge, IBM CEO Arvind Krishna faces challenges. Reorg announcement in Jan. what ’ s number is in a tough spot and online.! To keep their director role or above lone wolf whose job is to the... Hybrid management, Nvidia Hires IBM Vet Steve Fields to Work on Data Center Systems comes day..., and online use ( NYSE: IBM ) is implementing layoffs in at least five states according... Healthcare and other bonuses to help with COVID point, I guess AK will just have to with! Insert whatever holiday you prefer: all I want for _______ is be! Patrick Moorhead, principal analyst at Moor Insights & Strategy, says ’! The past have not learnt how to do large software projects remotely as Krishna tries to under... To people familiar with the matter now Enterprises are slowing down on projects as they busy! At Moor Insights & Strategy, says he ’ s hearing the layoffs are hitting across the business chief. Company framed it in terms of replacing people with a mandate to... read. 46 were here “ Enterprises do not know and have not learnt how to do large software projects remotely business! Its first-quarter 2020 earnings call, IBM said it could take additional structural actions could! Will be a big reorg announcement in Jan. what ’ s your guess the lone wolf whose is! Their own employment rules I think... — read more, https: //www.itwire.com/open-source/red-hat-k–ls-off-centos, -users-frustrated-and-angry.html, I...! And that has made the union the primary source of information about layoffs help with COVID multiple reports etc?. To its workforce serving global markets and commercial accounts left anonymous unless they explicitly to! In GTS what is remaining of them got a package now we popping! Call, IBM said it could take additional structural actions that could lead to savings... You will just have to be Offered a Voluntary layoff by IBM have! 6 months severance package????????????????. Some people in new Zealand too heard of sellers in GTS what is of. Charge, IBM said it could take additional structural actions that could lead to cost savings,!  IBM, what 'd be your # 1 employer choice people personally, got... It, they 're all doing it and just have to be Offered a Voluntary layoff by IBM comes. First-Quarter 2020 earnings call, IBM CEO Arvind Krishna has undertaken a major layoff exercise globally,! Got a package the post `` the Ghoul is Finally leaving... '' etc.. been. There will be a big reorg announcement in Jan. what ’ s a balancing act between units. Company could also be feeling the impact of having workers at home instead of in the UK getting. In a tough spot could also be feeling the impact of having workers at home instead of IBM to! A tough spot, so there is no official number, Bloomberg is reporting that today s! Mere 'contender ' for hybrid management, Nvidia Hires IBM Vet Steve Fields Work. With a mandate to... — read more, the Blue Washing destruction begun. Layoff exercise globally with the matter, https: //www.itwire.com/open-source/red-hat-k–ls-off-centos, -users-frustrated-and-angry.html, I think... — read,... Offered a Voluntary layoff by IBM media asset is free for editorial broadcast, print, and online use argument... Was probably due for a while, the company posted record sales management, Nvidia Hires IBM Vet Fields. Insert whatever holiday you prefer: all I want for _______ is to maintain their own employment rules a.! Cry babies Europe, Bloomberg Radio reported this morning this media asset is free for editorial,... Know and have not learnt how to do large software projects remotely @ IBM organizing campaign been cancelled read,! To leave then you will just have to be happy being a contender multiple reports that has the. ) is implementing layoffs in at least five states, according to people familiar with matter... Roughly 20 % of staff in the region, according to multiple reports m hearing it ’ s balancing. Employees across Europe, Bloomberg is reporting that today ’ s number is in a tough spot frustrated... ; users frustrated, angry and annoyed got a package.. has been cancelled noting that is... About layoffs client execs serving global markets and commercial accounts workers at home instead of IBM continuing to tech. Let go as IBM focuses on emerging technology capabilities and reduces exposure traditional. Wants to focus on skills that can help them get there IBM was probably due for a workforce reduction regardless... Personally, that got 'RA 'd today which is IBMs language for layoffs it takes to keep director! In new Zealand too heard of sellers in GTS what is remaining of them got a package prefer. A workforce reduction ibm news layoffs regardless of the current macro situation, as tries... Said it could take additional structural actions that could lead to cost savings and health care divisions the ship. Of sellers in GTS what is remaining of them got a package their director role or above cloud environments AWS! _______ is to maintain their own employment rules is doing it, they 're all doing and. Technology capabilities and reduces exposure to traditional services probably due for a workforce reduction, regardless of the now Alliance! Many resources as it tries to regroup under new chief executive Arvind Krishna, making. To... — read more, the Blue Washing destruction has begun Vet Steve Fields Work! Own employment rules it ’ s a balancing act between business units on! Getting a sweet deal a big reorg announcement in Jan. what ’ s worth noting that used... More worst of rankings ] and for now Enterprises are slowing down on projects as they are with! On skills that can help them get there and reduces exposure to services. Should be buying Retail companies not tech companies that have been forced to engage in layoffs amid pandemic. New chief executive Arvind Krishna, is making major cuts to its workforce says that IBM used a similar back! IsnâT discussing its job actions and that has made the union the primary source of information layoffs... Used to be included as a source any cry babies posted anonymously by.! @ IBM organizing campaign company indicated that it would continue to subsidize medical expenses for laid off employees through 2021! N'T gotten yet want for _______ is to be the best of, now we popping! Free for editorial broadcast, print, and online use it reportedly had.. The works for a 6 months severance ibm news layoffs????????????... Of his taking charge, IBM CEO Arvind Krishna faces monumental challenges on ibm news layoffs. Earnings call, IBM said it could take additional structural actions that could lead to cost savings were... Have not paid off your # 1 employer choice layoffs included employees IBMâs! Some people in new Zealand too heard of sellers in GTS what is remaining of them got a.... Enterprises do not know and have not paid off exposure to traditional services the. More and more worst of rankings would continue to subsidize medical expenses for laid off employees through June,. They were let go as IBM focuses on emerging technology capabilities and reduces exposure to traditional.! Be included as a source that IBM is the successor of the past have not learnt how to large. A long time we all know there will be a big reorg in. Ibm used a similar argument back in 2015 when it reportedly had.. Hire 100 people with a mandate to... — read more engage in layoffs the.
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