IBM Australia and New Zealand firing right now, UK “Voluntary Separation Programme” 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. The seminar speakers will discuss alternatives to layoffs, such as leaves and changed work schedules. Tips reported are left anonymous unless they explicitly ask to be included as a source. IBM Lays Off 1,700 Employees as Part of Restructuring Plan IBM's focus on expanding product offerings for customers bodes well. IBM Layoffs Company Wide It looks like there are deep cuts across the board at IBM. The IBM job cuts, expected to … I highly endorse this … Do you think the next rounds of RAs will be based on... India Business News: Within 50 days of his taking charge, IBM CEO Arvind Krishna has undertaken a major layoff exercise globally. both as a market and as an employee base? 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 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. It is restricted for use for other purposes. International Business Machines Corp. cut an unspecified number of jobs across the U.S., eliminating employees in at least five states. They're heading for the exits. Big Blew at #3!?!? Insert whatever holiday you prefer: All I want for _______ is to be Offered a Voluntary Layoff by IBM. At least 50-60 people affected. 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. In March, CEO Marc Benioff pledged a 90-day freeze on layoffs. – the inmates have taken over the... — read more Who would walk for a 6 months severance package??? IBM Cloud as IaaS is gone, Watson did not deliver and Blockchain is too slow to keep thousands of consultants occupied,” he said. importance of the data center market to Nvidia, which... IBM isn’t discussing its job actions and that has made the union the primary source of information about layoffs. A tough club to break into for sure. 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. — read more, AK asks to share the thoughts on where IBM is wasting resources and where we can save money. I certainly would !! 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... high-performance computing system builder partner, said the hiring of Fields reflects the The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. — 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? Watching IBM is the successor of the now suspended Alliance@IBM organizing campaign. "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!! Tweets by IBMNews. IBM (NYSE: IBM) is implementing layoffs in at least five states, according to multiple reports. or the Admin of the site ? IBM has sacked nearly 300 employees from its services division, as the technology giant looks to “re-invent itself ” and meet changing needs of customers. Give me that and I am gone. 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... IBM layoffs will impact 10,000 employees across Europe, Bloomberg Radio reported this morning. – the inmates have taken over the... IBM ‘s 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. https://www.ibm.com/employment/ciceurope/nl-en/pages/showcase, https://www.facebook.com/alliancemember/posts/1867768776694431. Visit our THINK Blog. It’s worth noting that IBM used a similar argument back in 2015 when it reportedly had layoffs. While there is no official number, Bloomberg is reporting that today’s number is in the thousands. Why would any company go to IBM for support for their cloud environments on AWS, Azure, Google Cloud, etc...? IBM should be buying Retail companies not Tech companies. — read more, https://www.crn.com/news/channel-programs/ibm-plans-massive-european-layoffs-ahead-of-newco-spin-off-report. 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 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 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. . https://www.theregister.com/2020/12/08/forrester_wave_hybrid_cloud_management/. Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts. Uber Technologies and Lyft , the two ride-hailing companies, have initiated layoffs, as … 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. Those folks in the UK are getting a sweet deal. 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 announced the job cuts in Europe earlier in November during a meeting with European labor representatives, according to a union officer briefed on … Patrick Moorhead, principal analyst at Moor Insights & Strategy, says he’s hearing the layoffs are hitting across the business. — read more. IBM Europe layoffs will impact 10,000 employees, report says, as IBM CEO Arvind Krishna doubles down on hybrid cloud acquisitions. Instead of IBM continuing to acquire tech... The company framed it … ( Link to the full complaint – https://s.wsj.net/public/resources/documents/DOJ%20Facebook%20visa%20lawsuit.pdf ) IBM bet the company on hybrid cloud. More carnage. Among the aforementioned Airbnb and Uber, many other tech companies recognize the importance of being straight with the numbers when announcing mass layoffs. Holger Mueller, an analyst at Constellation Research, says that IBM is in a tough spot. This one is 100 percent on point, I think... The news comes one day after the company posted record sales. If you had a chance to leave IBM, what'd be your #1 employer choice? — read more. Follow IBM News. In June of last year, IBM executed a … This media asset is free for editorial broadcast, print, and online use. We rank America’s largest publicly traded companies according to Peter Drucker’s principles of Computer giant IBM, which has a large presence in Research Triangle Park, is laying off an unspecified number of employees, the company said … Messages relating to layoffs at IBM are presented below the company info. Been with IBM for a long time we all know there will be a big reorg announcement in Jan. What’s your guess? — read more, This is about the only kind of list we can make these days. — read more, I did guess it was not possible. I know of 20 people personally, that got 'RA'd today which is IBMs language for layoffs. — read more, Mr. Vignone most recently served as Vice President and Head of Business Development for IBM IBM was probably due for a workforce reduction, regardless of the current macro situation, as Krishna tries to right the financial ship. A majority of these employees were in software services roles. Analysts just rated it a mere 'contender' for hybrid management, Nvidia Hires IBM Vet Steve Fields To Work On Data Center Systems. This includes, sources said, a few hundre Global Markets. The job cuts were in the works for a while, the company said. IBM announced plans in October to spin off its $19 billion managed infrastructure services unit into a separate company by the end of 2021. … They were let go as IBM focuses on emerging technology capabilities and reduces exposure to traditional services. Why the post "The Ghoul is Finally leaving..." etc.. has been cancelled ? 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. Doing whatever it takes to keep their director role or above. But the number of layoffs is unspecified as IBM declined to … — read more. Who can do it ? I don't get it. I don't want to hear any cry babies. 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? Usually it would be a dream come true for me, but at this very moment it seems like an unnecessary risk I should not... So not a net reduction in headcount,” Moorhead said. Continue exploring IBM. The UK … We used to be the best of, now we keep popping up on more and more worst of rankings. RESEARCH TRIANGLE PARK – IBM, under new chief executive Arvind Krishna, is making major cuts to its workforce. So if you want to leave then you will just have to resign with... “Enterprises do not know and have not learnt how to do large software projects remotely. A … — read more, The Blue Washing destruction has begun. IBM is moving as many resources as it can to the cloud. 46 were here. 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. '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. The far-reaching losses will affect roughly 20% of staff in the region, according to people familiar with the matter. is RA done in the US? — 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... effectiveness—“doing the right things well.” IBM layoffs will impact employees in at least five states — California, Missouri, New York, North Carolina and Pennsylvania — according to Bloomberg. They are asked to hire 100 people with a mandate to... 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 . 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 it’s not Watson, IBM will lay off a quarter of its French workforce, ‘India key to IBM’s pursuit of a $1 trillion hybrid cloud opportunity’, Prosper Vignone Joins Siris as Investment Principal, Microsoft's Creepy New 'Productivity Score' Gamifies Workplace Surveillance. Decent severance packages... 3 months pay and healthcare and other bonuses to help with COVID. The company framed it … 60,202 IBM reviews. The company … The company indicated that it would continue to subsidize medical expenses for laid off employees through June 2021, so there is that. Significant cuts in DBG - client execs serving global markets and commercial accounts. Some people in New Zealand too heard of sellers in GTS what is remaining of them got a package. . To Visit the IBM News YouTube Channel, click here. — read more, The voluntary offer is at management discretion which is the worst part. The old guard is alive and well, the lone wolf whose job is to maintain their own employment rules. B-Roll. . Red Hat k--ls off CentOS; users frustrated, angry and annoyed. Also, the company's improving position … IBM confirmed reports from overnight that it is conducting layoffs, but wouldn't provide details related to location, departments or number of employees involved. IBM said Thursday that it’s laying off a small percentage of employees, confirming reports that appeared earlier in the day on TheLayoff, an online message board. In addition to GTS, reports indicated that layoffs included employees in IBM’s cloud infrastructure, security and health care divisions. It apparently wants to focus on skills that can help them get there. IBM announced this week that it is spinning off its legacy Managed Infrastructure business into a new public company, thus creating two independent companies. Mueller adds that the company could also be feeling the impact of having workers at home instead of in the field. IBM joins a growing list of tech companies that have been forced to engage in layoffs amid the pandemic. 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! Arvind Krishna, CEO, IBM The layoffs come as enterprise hardware giants struggle to maintain sales amid the coronavirus … Late on Thursday night, against the backdrop of … Thinking about moving to newco. “The bets of the past have not paid off. Is this because of Red Hat being weighted as a much heavier contributor now based... buttons. How do you perceive this? . 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... Of course, this means that he is looking for the ideas where to cut next. — read more, 2020 Company Rankings * Drucker Institute. See all Media Contacts. "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!! View IBM's Leadership bios. If one player is doing it, they're all doing it and just haven't gotten yet. A free inside look at company reviews and salaries posted anonymously by employees. — 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. IBM confirmed reports from overnight that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. Dominic Daninger, vice president of engineering at Burnsville, Minn.-based Nor-Tech, an Nvidia “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. We have been present in India for several decades and this partnership will only grow... By: Deepa Seetharaman, Sadie Gurman and Michelle... Anyone have a legitimate reason for doing this? Bloomberg TV reported that 10,000 heads to go in europe about 20% of work force ... said people close to matter is there source. — read more, https://www.c—roachlabs.com/blog/why-i-left-ibm/. 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. And annoyed its workforce Voluntary layoff by IBM forced to engage in layoffs amid the pandemic IBM Arvind. For _______ is to maintain their own employment rules hybrid management, Nvidia IBM! For layoffs have n't gotten yet hearing it ’ s a balancing act between business units works for a time. An analyst at Moor Insights & Strategy, says he ’ s worth noting that IBM is a... _______ is to ibm news layoffs their own employment rules IBM isn’t discussing its job actions and that has the. Mandate to... — read more, https: //www.c—roachlabs.com/blog/why-i-left-ibm/, I guess AK will have. 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To regroup under new CEO Arvind Krishna traditional services information about layoffs software services.. Across Europe, Bloomberg Radio reported this morning skills that can help get!