Many IBM Layoffs Revealed This Week, Probably to Peak ("Last Day") December 4th
In the past hour alone:
And this thread about layoffs this week has been taken over by many seemingly very toxic and sexist comments - maybe an attempt to get that entire page and discussion deleted by a moderator.
We're still seeing evidence of mass layoffs at IBM, impacting many geographies and demographies.
This comment from today says:
We have all seen IBM's future, believe it or not.
"IBM" will follow General Electric, Westinghouse, Honeywell and Bell and Howell as being nothing more than famous names on consumer products.
The most likely scenario...you read it here first!
- AI and Quantum fail to gain traction for IBM. Nobody takes the company seriously.
- IBM continues to sell itself piecemeal to the highest bidders. Telum, mainframe hardware, legacy software products, other software...all sold off. Storage and midrange? Sold off...the only issue is who the buyers will be.
- Consulting and services will be sold off. Again...who will buy them?
- The IBM name and logo are what remains. They are, to be quite blunt, the only entities that IBM executives are competent to manage. We've already seen the logo on bits of "merch"...coffee cups, ballpoint pens, alarm clocks, luggage, sweatshirts. This is where the path of IBM ends.
Remember...you read it here first!
There also some mentions of the Red Hat acquisition where someone says: "So all these acquisitions were failures you’re saying ? But in all Seriousness Alvind should be canned for his botched Red Hat negotiations [...] 34 Billion Dollars for that giant mess"
Another one says: "In recent years, Executives and Upper management is hired from business schools, these people have no technical background. Technical people became slide makers and meetings organizers, thus, mediocrity became the rule. IBM is at the end of the road, slow death and embarrassment."
There's simply not a positive comment in there, as people are clearly angry and unable to see a turnaround in that company. █