Massive Layoff Underway At IBM

Tekla Perry writes: Project Chrome, a massive layoff that IBM is pretending is not a massive layoff, is underway. At more than 100,000 people, it is projected to be the largest mass layoff by any U.S. corporation in at least 20 years. Alliance@IBM, the IBM employees' union, says it has so far collected reports of 5000 jobs eliminated, but those are just numbers of those getting official layoff notices. According to anecdotal reports, IBM appears to be abusing the performance appraisal system to cut additional employees without officially laying them off.

Comments

let's not beat around the bush

[Anonymous Coward]

Dear Cynical,
Please refrain from discussion on a personal level regarding my recent purchase of another yacht. I would not ask you to give back the single dollar menu hamburger you are feeding your three children, that just wouldn't be ethical on my part. So I ask you please give the same respect back to your 1% overlords.
Thank you for your time in this matter,
Make it a great day!

It's rebalancing, not layoffs

[Anonymous Coward]

IBM is just leveraging growth opportunities in the cloud to core competencies and strategic initiatives. They are executing a bold plan that will address urgent customer needs through CAMSS (Cloud, Analytics, Mobile, Social and Security). It is an exciting and prescient vision and a great time to be at IBM!

Re:Speculated at for over a year

[MrKaos]

IBM used to stand for International Business Machines. Now it apparently stands for "It's Been MBA'd."

I've Been Married and I've Being Managed but It's Better Manually now It's Broken Mate. I Believe Magic yet I'm Being Micromanaged Into Becoming Mediocre.

It Broke Me.