IBM Falls by Over 10%
So sometimes "goodwill" is not enough.
IBM is in a freefall today.
It has rebounded a bit since 10+:
Someone mentioned it at down ~8%.
Wait, it'll 'right-size', eventually.
This is a polite way to insinuate there is tribalism at today's IBM:
Not the original poster, but most people here probably know the outline already, or at least parts of it. What’s frustrating is how directly it contradicts the values that leadership keeps publicly emphasizing.From what’s generally understood, there’s a centralized group on site that supports a lot of other teams. The manager of that group allegedly made inappropriate comments toward one team member and separate racist remarks toward another. Both individuals reportedly escalated their concerns directly to HB.
After that, things didn’t go well for either of them. Both were labeled as low performers or put on PIPs not long after raising the issues. One was ultimately included in the November RA layoffs, and the other was relocated to a different site. Meanwhile, early in the new year, the manager involved was promoted to senior manager.
This doesn’t seem like an isolated incident at the Albany site. There’s a visible pattern of favoritism. HB clearly has favorites, and if you pay attention to his LinkedIn activity, the pattern isn’t subtle. He consistently boosts and supports the same type of people, and they tend to fit a very specific mold. They all look the same.
Make of that what you will.
So they create a kind of a cult, sort of like the "Alicante Mafia" at EPO. Scrutiny is to be tolerated and only loyalists get promoted. This is a recipe for disasters like accounting fraud. █