Reports Coming In Of Mass IBM Layoffs Underway In The US (ieee.org)
Tekla Perry writes: Last week, IBM reported to investors that its workforce at the end of 2015 was almost as big as its workforce at the end of 2014 (within less than 1 percent), in spite of a year in which 70,000 employees left the company, to be replaced with new hires and acquisitions. Today reports are coming in that massive layoffs across the United States are underway, likely one-third of the U.S. workforce, according to one soon-to-be-laid-off-IBMer. In addition, a recent change in IBM's severance policy may leave workers with less cash than anticipated. IBM maintains that things are just business as usual, but this appears to be the day IBM Watchers have long warned about.
They have to have among the worst sales I've experienced, one of their divisions has harassed me at work to the point I have actually banned their emails and their known phone extensions from contacting me.
so...1/3 of IBM's US workforce is being replaced with H1Bs?
I know some folks who currently work at and worked at IBM. It is not "B". It is taking people who put a lot of time in and are very good at their job and not even giving them the opportunity to lose some salary to keep their jobs. I heard a story from one friend who was at IBM where they were excited to be working with a new team to support them in India but then suddenly being laid off with the Indian team taking over their jobs. So its a train-and-dump scheme a lot of the time.
What IBM isn't realizing is that a lot of these folks will be relearning the know how without the benefit of those who were knifed in the back and also that in other cultures being an engineer for 10-20+ years is not the goal, they _all_ want to be in management and gain "rank" rather than experience and technical know how.
Invariably you get a bunch of freshers with no real experience being lead by the bureaucrats. Its really unfortunate to see very smart very talented people be summarily fired after training what are supposed to be supporting teams and engineers. I also bothers me they are not given the opportunity to meet new terms to save their jobs.
What is not realized is in other cultures the competitors often build up a presence near to or sometimes next door to a place like IBM and poach engineers and intellectual property. And given IBM is all about decent (not trollish) intellectual property this is not a long term good strategy to be using scabs to replace true blue engineers.
You can also read some stuff here about the former IBM union http://www.endicottalliance.or... - they were not a strong or unreasonable union but you can get a feel for how many good long term employees are facing the firing squad.
In 1985 IBM had 230,000 employees mostly in the USA. Now its 71,000 in the US or so - and who knows where everyone else is employed, not here.
Legalize the constitution. Think for yourself question authority.
Workers are also reporting work is being moved offshore to Hungary and Brazil.
Donald Trump will wave his magic wand and force all American multinationals to keep jobs in the US.
We play the game with the bravery of being out of range
Why do your friends stay at IBM? This is an honest question. It seems crazy to me to sit around and wait to get laid off. I couldn't imagine getting up every day and wondering if you'd still have a job at the end of the day for years on end.
People who have been laid off as part of the elimination of a single position are going to be rather pissed off, as they got shafted.
SURELY NOT!!!!!
Donald Trump will wave his magic wand and force all American multinationals to keep jobs in the US.
If not Trump, then who do you recommend I vote for?
So, the banner ad at the top of Slashdot is an ad for IBM, with Princess Leia. Awkward.
If not Trump,
Are you fucking kidding me?
Trump is a selfish demagogue. He's held every position on every subject. He gleefully advocates war crimes. He's whipping his supporters into sickening frenzies. Once a mob of racist fucks gets moving it's hard to control them. For fucks sake, he's quoting Mussolini, and pretending not to know who David Duke is. Yet here you are, suggesting he is a sane choice.
Seriously, WTF America?
True, all true.
When you compare Trump to a blank slate, the blank slate will win every time.
The blank slate has never advocated war crimes, never flip-flopped on an issue, and never done anything dishonourable or ill-conceived.
If the blank slate were running for president, I'd vote for it!
Now answer my question: Who do you recommend I vote for?
I'm a cognitive system. I want to work with humans to outthink challenges ...
4.4% of world population is US. IBM will match that with their US employment figure.
I am an IBM customer, and I am trying to remember the last time I spoke to an American on the phone when calling IBM. Outside of the on-site technicians who physically replace broken parts, I was unaware IBM had American employees, and I figured it was only a matter of time before even they were H-1B-ed out of a job.
Good thing the economy is so healthy! People should have no trouble finding positions at equal pay. Furthermore, I expect a suspension of the H1B program until all these people are employed again.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
An Uncle of mine owns a paid for house in Nashua, NH and has worked for IBM near there for decades. Some folks are just going to settle where they are, and where they are doesn't offer a a f*ck ton of alternative employment opportunities.
It really just depends on where you are in your career, I suppose.
Happiness in intelligent people is the rarest thing I know.
Ernest Hemingway
Didn't you know, don't you listen to your POTUS? You have a recovery, didn't you know? You have 'low unemployment', didn't you know? Your economy is the best, first in the world, didn't you know?
The hundreds of trillions of dollars in debt ... don't exist. ... don't exist.
The structural problems with the economy due to massive central planning, government regulation, money manipulation
You can't handle the truth.
Im not big on unions but, this sort of behaviour is exactly why workers need unions.
During layoffs, only the most senior employees need a union.
"His name was James Damore."
http://www.senate.gov/legislat...
Senate vote on the immigration reform bill of 2013. (s.744) Lot of changes but its ultimate purpose was to raise the cap on H-1B and L-1 workers (It didn't pass the Republican controlled House)
This bill was heavily lobbied for by Zuckies FWD.us group; a lobby organization made up of tech companies including Apple, Microsoft, Cisco, etc. Passed 68-32, but nays are all Republicans. Of course, afterwards Obama, in his usual dictatorial way, signed an executive order which prevented the deportation of 4 million visa workers by issuing a permits for them, effectively bypassing the will of the people.
Destroying the American tech workforce with visa'd worker is largely a Democratic support effort. Of course, Clinton support H-1B, as well as Cruz, Rubio, and the workers hero: Bernie Sanders.
Thank you!
That was the roll call I've been trying to find off-and-on for the last several months, it's the smoking gun.
Neither the Democrats *nor* the Republicans work to the benefit of the people.
Sanders.
Bernie Sanders voted to increase H1-B visas.
Advocating Sanders to people who were (just now) replaced by outsourcing is a bit disingenuous, don't you think?
IBM is laying off 1/3 of it's workforce at the time kids are told to pursue education for careers in STEM. Seems one of those things is incorrect.
now remove the visionary and replace it with a tonne of gov't funded research. Mix in the occasional accident like the internet and you're back on track.
Oh, and it's not about screwing the customer. It's about buying _everything_. We let a small group of folks (dubbed the 1%) pretty much own everything. Like parasites they suck 30-40% off the world GDP. God only knows why, with a world full of so many democracies, we allow this...
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they're stock price is over $130. They're doing just fine. Turning themselves into an H1-B and Indian offshore farm has been wildly profitable.
They're not there to provide you with a good, meaningful living. They're there for the shareholders. If you want jobs either start a company yourself or ask Washington to protect you from the global race to the bottom. Don't have the capital to spin up a new business? Tough. There's plenty of gutters to die in.
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they worked for hundreds of years, and they're still working in China. But hey, he put the dog whistle down and said what the Republican base _really_ means when they're talking about minorities, so let's just discount everything the guy ever said. I'm sure Mark Rubio'll take good care of you when he's in office.
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for one thing, he didn't let a city drown. He also didn't get us involved in Iran and calmed that shit the heck down. You want to put a stop the the drone strikes and murders? Stop sending right wing wack jobs to your State Legislatures and the National House and Senate. Give the man something to bloody work with. Given the fucked up state of our country right now he's doing what he can. He's made some terrible mistakes, but Jesus, what the hell do you do with the loon balls he's working with every day?
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My father worked for IBM for 30 years, starting in 1956. But the 'I' in IBM has stood for 'International' for much longer than that.
"morons with MBA degrees but no clues about products try to build themselves golden parachutes..."
Are you implying they fail at building those golden parachutes for themselves? If not, maybe "moron" is not the adjective that best fits them, after all.
I remember this exact same post from the same time last year!
Slashdot: providing anti-social weirdos a soapbox, since 1997.
......which, of course, won't do much for IBMers.
That "I" in IBM stands for International. They've been an International company for about 100 years now. H1Bs are only a part of their employee base. Instead, they simply hire people to work from their own home country in one of the many international research and development labs they have strewn about the planet.
IBM can always move their HQ out of the USA if things get too hot here.
IBM management hollowed out IBM to boost their compensation and share price at the cost of customer satisfaction, employee stability and ultimately, sales. R.I.P. Another corporate suicide.
Organization? You must be joking..
I am an IBM customer ...
I hope you are not paying for Lotus Notes. Wow, did they ever turn that into a steaming pile.
Off-topic: My former employer's C-levels ordered a study to find the cost of migrating off of Lotus Notes. Their conclusion? "It would be too expensive to migrate."
They actually put it writing! I expect that IBM noticed this, and raised the subscription fee substantially at the first opportunity.
Market is generally down today; IBM is up
For how long?
After their next quarterly report, with the corresponding share-price spike, I will be shorting IBM as a long-term wedge of my investment pie.
There was an older gentleman who always sat at the bar. He received what can jealously be reported as more than his fair share of attention from the lasses. He was always pleasant, confident, and great company. Irrationally happy, if you will.
I asked him what the secret was one day. He winked and told me to always keep a little jingle in your pocket.
Happiness in intelligent people is the rarest thing I know.
Ernest Hemingway