Bonum Certa Men Certa

The "Next Big" Bonus for IBM's CEO Apparently Comes From American Taxpayers While Veteran IBMers Are PIP'd and RA'd (Laid Off)

posted by Roy Schestowitz on May 23, 2026

Based on this new discussion, the PIP nightmare prevails and haunts IBM staff. Quoting one person: "I was rated on performance segment (Top/Core/Low) at the last performance review 2/2026 and informed today my manager I was put on a PIP following HR email. Does a manager choose to put on on a PIP or his/her choice?"

And this is happening in spite of the IBM bailout: (allusion to it highlighted below)

Let me guess: You're white? A male? Over 40yo? Higher banded? Above your market based pay average? However could I guess this? Am I psychic perhaps??

Some more joking about "quantum" today: (they're not buying it, they are rightly sceptical)

Welcome to a new Watson debacle, same as the old Watson Healthcare debacle. Lots of false and fake promises about a non-existent and non-functioning technology. Pie in the sky.

That last remark refers to:

IBM CEO on the Future of the Tech Industry

As someone else correctly recalled, the pledges might only be words on paper and nothing more: "Anyone remember the deal Trump announced for Foxconn to build a $10B plant in Wisconsin? Anyone remember the Oracle OpenAI $300B cloud deal? This is just yet another announcement designed to create a stock price pop that will go absolutely nowhere. Hopefully Polymarket will start taking bets on whether this "quantum foundry" ever gets built. I'd bet every dollar I have on "no"."

They're talking about what that actually means:

 Hmmm, perhaps this is a way to create a revenue stream: spin off Anderon with government funding and then have Anderon pay IBM for consulting services. That could effectively create a steady flow of revenue and route public funding back into IBM through consulting arrangements.

In a nutshell, IBM not relies on taxpayers subsidising its existence and the CEO will no doubt call this a "win" and bag an even bigger bonus next time, even while firing many of the workers who are more skilled than him.

Criticism of the shallow media coverage: "Correct this isn’t what they want you to think it is or what they are portraying in media. It’s actually a correction for major mistakes made by the leadership there" (they talk about a particular site, Albany) And "the newspaper makes it seem quantum fixed Albany with the federal government money," someone replied later.

As people discussed (it's shown above), there's no actual (working) product for this, so this is an investment in vapourware.

But the next big thing will be the CEO's bonus.

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