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| schestowitz[TR2] | " | Oct 28 05:44 |
|---|---|---|
| schestowitz[TR2] | What level of corporate mega-fu-kery have we reached when a company spending $190 B on data centers offers to pay a quarter of its workforce to leave? | Oct 28 05:44 |
| schestowitz[TR2] | 60K eligible for buyouts. That’s 27% of the company. | Oct 28 05:44 |
| schestowitz[TR2] | Last May, Microsoft cut 6K. In July, another 9K. I was one of them. | Oct 28 05:44 |
| schestowitz[TR2] | Earlier this year, MSFT offered early retirement to employees in their 40s, and 30% accepted. Then it cut another 4,800 jobs. | Oct 28 05:44 |
| schestowitz[TR2] | Part of me laughed when I heard the news. Of course they did. But another part of me went, holy fu-k. | Oct 28 05:44 |
| schestowitz[TR2] | If one of the world’s most valuable companies is investing billions in its AI future while making tens of thousands of employees question whether they still have a place there, something is seriously wrong. | Oct 28 05:44 |
| schestowitz[TR2] | Before I left Microsoft, I was mentoring an early-career engineer who had once considered working there a dream job. Eventually, their attitude shifted to, “No thanks. I’m not interested.” | Oct 28 05:44 |
| schestowitz[TR2] | Now employees at both ends of the career ladder seem to be asking the same question: Is staying at Microsoft even worth it anymore? | Oct 28 05:44 |
| schestowitz[TR2] | And for those who received a buyout offer today, the decision is no longer theoretical. It’s a choice between walking away with a package or staying at a company where the next round of cuts may be just around the corner. | Oct 28 05:44 |
| schestowitz[TR2] | " | Oct 28 05:44 |
| schestowitz[TR2] | " | Oct 28 05:44 |
| schestowitz[TR2] | What I heard so far | Oct 28 05:44 |
| schestowitz[TR2] | Voluntary buyouts to approximately 60K employees across the USA, Canada, India, + UK | Oct 28 05:44 |
| schestowitz[TR2] | Most employees believe involuntary layoffs will follow (if too few workers accept the voluntary buyouts). No official reduction target has been confirmed. | Oct 28 05:44 |
| schestowitz[TR2] | Expected buyout acceptance rates range from 3% to 6% - I've heard people say it can go as high as 10%. | Oct 28 05:44 |
| schestowitz[TR2] | An earlier Microsoft buyout program resulted in approximately 2.5K voluntary departures (this was followed by 5K involuntary layoffs). People are split on the accuracy here... | Oct 28 05:44 |
| schestowitz[TR2] | Many predict 15K to 20K eventual job cuts. At the edges, some speculate about 50K to 55K. Microsoft is silent on this. | Oct 28 05:44 |
| schestowitz[TR2] | Severance packages range from 8 to 39 weeks of pay (depending on tenure and seniority). 6 mo of stock vesting and healthcare benefits. | Oct 28 05:44 |
| schestowitz[TR2] | Employees reportedly have until 12/9 to accept the buyout (12/31 will be their final working day. | Oct 28 05:44 |
| schestowitz[TR2] | Some employees claim buyout eligibility is determined by organization or team rather than individual performance. Receiving an offer does not necessarily mean an employee is targeted for layoffs. | Oct 28 05:44 |
| schestowitz[TR2] | Some believe Microsoft is redirecting payroll spending toward AI infrastructure and data centers, this motivation has not been confirmed. | Oct 28 05:44 |
| schestowitz[TR2] | Many disagree about whether rejecting the voluntary buyout will result in worse severance terms during subsequent layoffs. | Oct 28 05:44 |
| schestowitz[TR2] | I hear poeple describe a difficult technology job market, particularly in Seattle. | Oct 28 05:44 |
| schestowitz[TR2] | H1B employees may be less likely to accept voluntary buyouts because unemployment could jeopardize their immigration status. | Oct 28 05:44 |
| schestowitz[TR2] | Some intend to reject substantial buyout packages. | Oct 28 05:44 |
| schestowitz[TR2] | Buyout eligibility reportedly varies by org, some teams r fully included, others partially included, and some excluded. | Oct 28 05:44 |
| schestowitz[TR2] | Folks are concerns about CSCP in particular. | Oct 28 05:44 |
| schestowitz[TR2] | Some commenters allege Microsoft is using voluntary departures to reduce labor costs without announcing mass layoffs, while others view the program as an opportunity for employees who already want to leave. | Oct 28 05:44 |
| schestowitz[TR2] | # Biggest Unresolved Questions | Oct 28 05:44 |
| schestowitz[TR2] | How many employees does Microsoft actually intend to eliminate? The 60,000 figure represents reported eligibility, not confirmed job cuts. | Oct 28 05:44 |
| schestowitz[TR2] | Will involuntary layoffs follow the voluntary buyout program? Multiple employees expect them, but no confirmed plan has emerged. | Oct 28 05:44 |
| schestowitz[TR2] | Is Microsoft's primary objective reducing labor costs, restructuring its workforce, or redirecting investment toward AI? | Oct 28 05:44 |
| schestowitz[TR2] | # Overall Takeaway | Oct 28 05:44 |
| schestowitz[TR2] | The reported 60,000-person voluntary buyout program is the central development. Employees widely speculate that involuntary layoffs will follow, but the number of planned departures, expected acceptance rates, and future severance terms remain unconfirmed. | Oct 28 05:44 |
| schestowitz[TR2] | Source: 12 employee discussion threads. Claims are based on anonymous accounts, reported news, and speculation and have not been independently verified. | Oct 28 05:44 |
| schestowitz[TR2] | " | Oct 28 05:44 |
| schestowitz[TR2] | https://www.thelayoff.com/t/1m60b6gfw | Oct 28 05:44 |
| schestowitz[TR2] | https://www.thelayoff.com/t/1m5wg98zv | Oct 28 05:45 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m60b6gfw ) | Oct 28 05:46 | |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m5wg98zv ) | Oct 28 05:46 | |
| schestowitz[TR2] | " | Oct 28 05:46 |
| schestowitz[TR2] | This only means that Microsoft really DOES NOT NEED H1Bs. | Oct 28 05:46 |
| schestowitz[TR2] | 2 hours ago by Anonymous | Oct 28 05:46 |
| schestowitz[TR2] | | no reactions | Reply | Oct 28 05:46 |
| schestowitz[TR2] | Post ID: @gm+1m5wg98zv | Oct 28 05:46 |
| schestowitz[TR2] | 0 | Oct 28 05:46 |
| schestowitz[TR2] | @cv Sad to hear your story, buddy. Nobody deserves to go through what you are going through. I wish you the best. May your future get better and may you be happy. | Oct 28 05:46 |
| schestowitz[TR2] | 8 hours ago by Anonymous | Oct 28 05:46 |
| schestowitz[TR2] | | no reactions | Reply | Oct 28 05:46 |
| schestowitz[TR2] | Post ID: @fb+1m5wg98zv | Oct 28 05:46 |
| schestowitz[TR2] | 0 | Oct 28 05:46 |
| schestowitz[TR2] | @cv Don't take the VSP and get fired anyway (with a worse separation package). Yeah, I'll take the better offer and take my chances. | Oct 28 05:46 |
| schestowitz[TR2] | 11 hours ago by Anonymous | Oct 28 05:46 |
| schestowitz[TR2] | | no reactions | Reply | Oct 28 05:46 |
| schestowitz[TR2] | Post ID: @ez+1m5wg98zv | Oct 28 05:46 |
| schestowitz[TR2] | +2 | Oct 28 05:46 |
| schestowitz[TR2] | The first bubble to pop in the AI pinochle Ponzi scheme? | Oct 28 05:46 |
| schestowitz[TR2] | 11 hours ago by Anonymous | Oct 28 05:46 |
| schestowitz[TR2] | | 2 reactions (+2/-0) | Reply | Oct 28 05:46 |
| schestowitz[TR2] | Post ID: @ex+1m5wg98zv | Oct 28 05:46 |
| schestowitz[TR2] | +1 | Oct 28 05:46 |
| schestowitz[TR2] | If the stated purpose of the H‑1B program is to fill roles where there isn’t enough qualified U.S. talent, then a company claiming it needs to cut 60,000 jobs raises a serious contradiction. By definition, H‑1B workers are here only because the employer certified that no equally qualified American worker was available. | Oct 28 05:46 |
| schestowitz[TR2] | So if an American citizen at Microsoft is laid off before a similarly qualified H‑1B worker in the same job category, that’s not just unfair — it undermines the legal justification for the H‑1B hire in the first place. In that situation, the American employee has a legitimate basis to question whether the employer complied with the spirit and intent of the program. | Oct 28 05:46 |
| schestowitz[TR2] | The logic is simple: | Oct 28 05:46 |
| schestowitz[TR2] | If the company says “we don’t have enough U.S. workers,” then U.S. workers shouldn’t be the first ones shown the door. | Oct 28 05:46 |
| schestowitz[TR2] | 15 hours ago by Anonymous | Oct 28 05:46 |
| schestowitz[TR2] | | 1 reaction (+1/-0) | Reply | Oct 28 05:46 |
| schestowitz[TR2] | Post ID: @e4+1m5wg98zv | Oct 28 05:46 |
| schestowitz[TR2] | +11 | Oct 28 05:46 |
| schestowitz[TR2] | As someone who was burnt out mid career and took the Verizon voluntary severance package in hopes of a better future, DO NOT TAKE A VSP UNLESS YOU ARE READY TO RETIRE. The grass is not greener and you’ll be lucky to land anywhere at all. VSP ruined my life and future irreparably. Every day has been a nightmare for 2 years and I wake up devastated every morning at what was lost. Don’t give into the idea that a little upfront cas | Oct 28 05:46 |
| schestowitz[TR2] | h gives you opportunity for something better and to enjoy a break. It doesn’t. My life is completely ruined. I hate every day I wake up. I exist now just to warn others not to do the same. DO NOT TAKE VSP. | Oct 28 05:46 |
| schestowitz[TR2] | 22 hours ago by Anonymous | Oct 28 05:46 |
| schestowitz[TR2] | | 15 reactions (+13/-2) | Reply | Oct 28 05:46 |
| schestowitz[TR2] | Post ID: @cv+1m5wg98zv | Oct 28 05:46 |
| schestowitz[TR2] | +1 | Oct 28 05:46 |
| schestowitz[TR2] | What's the package and qualifications rules? | Oct 28 05:46 |
| schestowitz[TR2] | 1 day ago by Anonymous | Oct 28 05:46 |
| schestowitz[TR2] | | 1 reaction (+1/-0) | Reply | Oct 28 05:46 |
| schestowitz[TR2] | Post ID: @bm+1m5wg98zv | Oct 28 05:46 |
| schestowitz[TR2] | +10 | Oct 28 05:46 |
| schestowitz[TR2] | The Indian at the top is betting the farm on AI (all Indians). | Oct 28 05:46 |
| schestowitz[TR2] | " | Oct 28 05:46 |
| schestowitz[TR2] | https://www.thelayoff.com/t/1m5x654q2 | Oct 28 05:47 |
| schestowitz[TR2] | " | Oct 28 05:47 |
| schestowitz[TR2] | I just asked copilot , the vast majority of the employees taking the voluntary package will be US citizens. It’s not in the interest of a sponsored employee on a work visa to take this package unless they are planning to return to their country of citizenship. | Oct 28 05:47 |
| schestowitz[TR2] | 2 hours ago by Anonymous | Oct 28 05:47 |
| schestowitz[TR2] | | 1 reaction (+1/-0) | Reply | Oct 28 05:47 |
| schestowitz[TR2] | Post ID: @fd+1m5x654q2 | Oct 28 05:47 |
| schestowitz[TR2] | -1 | Oct 28 05:47 |
| schestowitz[TR2] | You let one H1B in, thousands will follow. Time to update the laws on the books! | Oct 28 05:47 |
| schestowitz[TR2] | 8 hours ago by Anonymous | Oct 28 05:47 |
| schestowitz[TR2] | | 3 reactions (+1/-2) | Reply | Oct 28 05:47 |
| schestowitz[TR2] | Post ID: @e9+1m5x654q2 | Oct 28 05:47 |
| schestowitz[TR2] | +3 | Oct 28 05:47 |
| schestowitz[TR2] | @d3 There should be a class action lawsuit against Microshaft for laying off US citizens before laying off H1-B visa holders. | Oct 28 05:47 |
| schestowitz[TR2] | 13 hours ago by Anonymous | Oct 28 05:47 |
| schestowitz[TR2] | | 5 reactions (+4/-1) | Reply | Oct 28 05:47 |
| schestowitz[TR2] | Post ID: @da+1m5x654q2 | Oct 28 05:47 |
| schestowitz[TR2] | +5 | Oct 28 05:47 |
| schestowitz[TR2] | As always, H1Bs are immune to layoffs | Oct 28 05:47 |
| schestowitz[TR2] | 14 hours ago by Anonymous | Oct 28 05:47 |
| schestowitz[TR2] | | 7 reactions (+6/-1) | Reply | Oct 28 05:47 |
| schestowitz[TR2] | Post ID: @d3+1m5x654q2 | Oct 28 05:47 |
| schestowitz[TR2] | +7 | Oct 28 05:47 |
| schestowitz[TR2] | If the stated purpose of the H‑1B program is to fill roles where there isn’t enough qualified U.S. talent, then a company claiming it needs to cut 60,000 jobs raises a serious contradiction. By definition, H‑1B workers are here only because the employer certified that no equally qualified American worker was available. | Oct 28 05:47 |
| schestowitz[TR2] | So if an American citizen at Microsoft is laid off before a similarly qualified H‑1B worker in the same job category, that’s not just unfair — it undermines the legal justification for the H‑1B hire in the first place. In that situation, the American employee has a legitimate basis to question whether the employer complied with the spirit and intent of the program. | Oct 28 05:47 |
| schestowitz[TR2] | The logic is simple: | Oct 28 05:47 |
| schestowitz[TR2] | If the company says “we don’t have enough U.S. workers,” then U.S. workers shouldn’t be the first ones shown the door. | Oct 28 05:47 |
| schestowitz[TR2] | " | Oct 28 05:47 |
| schestowitz[TR2] | https://www.thelayoff.com/t/1m5zxn3dp | Oct 28 05:47 |
| schestowitz[TR2] | " | Oct 28 05:47 |
| schestowitz[TR2] | "A lot of our employees quit voluntarily, therefore we need more H1Bs to backfill their roles!" | Oct 28 05:47 |
| schestowitz[TR2] | Just wait. I hope this comes out after the dust settles. | Oct 28 05:47 |
| schestowitz[TR2] | 2 hours ago by Anonymous | Oct 28 05:47 |
| schestowitz[TR2] | | no reactions | Reply | Oct 28 05:47 |
| schestowitz[TR2] | Post ID: @am+1m5zxn3dp | Oct 28 05:47 |
| schestowitz[TR2] | 0 | Oct 28 05:47 |
| schestowitz[TR2] | @OP U.S. Employees=121,000. Employee buy-out total = 60,000. Half of the U.S. Workforce for Microsoft can take a package? | Oct 28 05:47 |
| schestowitz[TR2] | 4 hours ago by Anonymous | Oct 28 05:47 |
| schestowitz[TR2] | | no reactions | Reply | Oct 28 05:47 |
| schestowitz[TR2] | Post ID: @a7+1m5zxn3dp | Oct 28 05:47 |
| schestowitz[TR2] | +1 | Oct 28 05:47 |
| schestowitz[TR2] | If Microsoft requests one more H1B, if they request another extension or perm, send DHS agents to collect the CEO for questioning. | Oct 28 05:47 |
| schestowitz[TR2] | 4 hours ago by Anonymous | Oct 28 05:47 |
| schestowitz[TR2] | | 1 reaction (+1/-0) | Reply | Oct 28 05:47 |
| schestowitz[TR2] | Post ID: @a5+1m5zxn3dp | Oct 28 05:47 |
| schestowitz[TR2] | +2 | Oct 28 05:47 |
| schestowitz[TR2] | H1B's should be laid off and immediately put on deportation flights | Oct 28 05:47 |
| schestowitz[TR2] | " | Oct 28 05:47 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m5x654q2 ) | Oct 28 05:48 | |
| schestowitz[TR2] | https://www.thelayoff.com/t/1m5xx65h5 | Oct 28 05:49 |
| schestowitz[TR2] | " | Oct 28 05:49 |
| schestowitz[TR2] | I go out of my way to avoid Microsoft and their products for this treasonous behavior. You guys are just now reading about it, people on the ground saw this as early as 2009. All this started after Obama took the reins and drove the country straight towards the cliff whilst drinking beer on the white house lawn with his demented buddy joe. There was a rumor going around at that time that 200 cops in south India quit their job faked | Oct 28 05:49 |
| schestowitz[TR2] | documents and came over here to work as software engineers. | Oct 28 05:49 |
| schestowitz[TR2] | 4 hours ago by Anonymous | Oct 28 05:49 |
| schestowitz[TR2] | | 10 reactions (+5/-5) | Reply | Oct 28 05:49 |
| schestowitz[TR2] | Post ID: @dp+1m5xx65h5 | Oct 28 05:49 |
| schestowitz[TR2] | 0 | Oct 28 05:49 |
| schestowitz[TR2] | There will be a handful just to keep up appearances. Then after VSP 60K jobs will be filled in India | Oct 28 05:49 |
| schestowitz[TR2] | 5 hours ago by Anonymous | Oct 28 05:49 |
| schestowitz[TR2] | | 2 reactions (+1/-1) | Reply | Oct 28 05:49 |
| schestowitz[TR2] | Post ID: @dj+1m5xx65h5 | Oct 28 05:49 |
| schestowitz[TR2] | +1 | Oct 28 05:49 |
| schestowitz[TR2] | They are scouting AI Land for new resources. | Oct 28 05:49 |
| schestowitz[TR2] | 8 hours ago by Anonymous | Oct 28 05:49 |
| schestowitz[TR2] | | 1 reaction (+1/-0) | Reply | Oct 28 05:49 |
| schestowitz[TR2] | Post ID: @d0+1m5xx65h5 | Oct 28 05:49 |
| schestowitz[TR2] | +9 | Oct 28 05:49 |
| schestowitz[TR2] | Even Indian IT workers cost too much now. | Oct 28 05:49 |
| schestowitz[TR2] | Oh well, time to look elsewhere for cheap IT labor. | Oct 28 05:49 |
| schestowitz[TR2] | 11 hours ago by Anonymous | Oct 28 05:49 |
| schestowitz[TR2] | | 9 reactions (+9/-0) | Reply | Oct 28 05:49 |
| schestowitz[TR2] | Post ID: @cg+1m5xx65h5 | Oct 28 05:49 |
| schestowitz[TR2] | +3 | Oct 28 05:49 |
| schestowitz[TR2] | Time to start boycotting places that cut jobs for profit. | Oct 28 05:49 |
| schestowitz[TR2] | 12 hours ago by Anonymous | Oct 28 05:49 |
| schestowitz[TR2] | | 3 reactions (+3/-0) | Reply | Oct 28 05:49 |
| schestowitz[TR2] | Post ID: @ca+1m5xx65h5 | Oct 28 05:49 |
| schestowitz[TR2] | +1 | Oct 28 05:49 |
| schestowitz[TR2] | I dont think so, hardly 15o people got email in india | Oct 28 05:49 |
| schestowitz[TR2] | 18 hours ago by Anonymous | Oct 28 05:49 |
| schestowitz[TR2] | | 7 reactions (+4/-3) | Reply | Oct 28 05:49 |
| schestowitz[TR2] | Post ID: @b2+1m5xx65h5 | Oct 28 05:49 |
| schestowitz[TR2] | +4 | Oct 28 05:49 |
| schestowitz[TR2] | That would make no sense. It's several times cheaper to pay a worker in India vs in America. | Oct 28 05:49 |
| schestowitz[TR2] | That's considering Microsoft will eventually get rid of all workers, "because AI". | Oct 28 05:49 |
| schestowitz[TR2] | " | Oct 28 05:49 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m5zxn3dp ) | Oct 28 05:49 | |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m5xx65h5 ) | Oct 28 05:50 | |
| schestowitz[TR2] | ": | Oct 28 06:21 |
| schestowitz[TR2] | Probably the former, let me skim a bit et 15 min (eithre success or failure) | Oct 28 06:21 |
| schestowitz[TR2] | not in the index and I could not spot "SLAPP" by name so it was mentioned in | Oct 28 06:21 |
| schestowitz[TR2] | passing and I did not take notes but if it was a few days ago then it was | Oct 28 06:21 |
| schestowitz[TR2] | "Autocracy Inc" by Anne Applebaum. I can check later today more thoroughly | Oct 28 06:21 |
| schestowitz[TR2] | if it is going to be used again later but the book is with promiting anyway. | Oct 28 06:21 |
| schestowitz[TR2] | Let me check "The Nerd Reich" first though. eta 15 min | Oct 28 06:21 |
| schestowitz[TR2] | I think that is the right book. Digging. | Oct 28 06:21 |
| schestowitz[TR2] | I'd say it's probably that one. 5 more min. | Oct 28 06:21 |
| schestowitz[TR2] | " | Oct 28 06:21 |
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| schestowitz[TR2] | https://www.thelayoff.com/t/1m60ywk65 | Oct 28 21:57 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m60ywk65 ) | Oct 28 21:57 | |
| schestowitz[TR2] | "YessireeBob, wheels are turning. There'll be subtle signs you're next. The manager's smile suddenly turning dark. The vas---ne surreptitiously appearing on your boss's desk. Don't be fooled by the light. Truth lies in shadows. | Oct 28 21:57 |
| schestowitz[TR2] | 50 minutes ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 2 reactions (+2/-0) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @c4+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | +3 | Oct 28 21:57 |
| schestowitz[TR2] | @bv yup buckle up buckaroos! We are all about to get buttfahked next week. Enjoy the peace and calm you feel right now because literally just around the corner. Your managers know. They will look you directly in the eye and smile and act like everything is all good but next week the will give you the axe | Oct 28 21:57 |
| schestowitz[TR2] | 1 hour ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 3 reactions (+3/-0) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @c0+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | +3 | Oct 28 21:57 |
| schestowitz[TR2] | Correct, there will be no more RAs this year. So rest assured. IBM will find other ways to sc--w you. Like PIPs doomed to failure. So no more RAs. Just don't be-dover | Oct 28 21:57 |
| schestowitz[TR2] | 2 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 3 reactions (+3/-0) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @bv+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | +1 | Oct 28 21:57 |
| schestowitz[TR2] | @bn Some are fishing for information. | Oct 28 21:57 |
| schestowitz[TR2] | 2 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 1 reaction (+1/-0) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @bt+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | 0 | Oct 28 21:57 |
| schestowitz[TR2] | https://www.reddit.com/r/IBM_Employees/s/3O3WFIB8GP | Oct 28 21:57 |
| schestowitz[TR2] | 2 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | no reactions | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @bs+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | +2 | Oct 28 21:57 |
| schestowitz[TR2] | Really the woke moderators of this site/forum should auto delete anymore "...IBM...more....RA's...COMING...blah blah blah". C'mon Man! This is Gerstner's IBM Titanic and IBM does RA's layoffs, RIFs, downsizes every minute of everyday. Enough already! IBM is down to about 40K heads in the US (13%) of total 295K heads and 150K+++ in India (50%). | Oct 28 21:57 |
| schestowitz[TR2] | Why do you think IBM CEO Arvind Krishna was born in the West Godavari district of Andhra Pradesh, India??? He only knows and views people based on caste. | Oct 28 21:57 |
| schestowitz[TR2] | Here he and the Chairman of Red Hat are caught on a leaked video planning to break US Title VII civil rights laws by hiring based on s-x, gender, race, skin color and not merit. https://www.youtube.com/watch?v=SrfVIbXKqtg | Oct 28 21:57 |
| schestowitz[TR2] | ENOUGH WITH THE "ARE WE GOING TO HAVE ANOTHER RA?". | Oct 28 21:57 |
| schestowitz[TR2] | 3 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 4 reactions (+3/-1) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @bn+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | +4 | Oct 28 21:57 |
| schestowitz[TR2] | Ive been told by 2 different people working on it that cloud has one coming in Nov for the US. They will move those roles to India. | Oct 28 21:57 |
| schestowitz[TR2] | 5 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 4 reactions (+4/-0) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @b5+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | -3 | Oct 28 21:57 |
| schestowitz[TR2] | @ay correct Arvind said earlier in year no layoffs in 2026 | Oct 28 21:57 |
| schestowitz[TR2] | 6 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 5 reactions (+1/-4) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @b0+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | -2 | Oct 28 21:57 |
| schestowitz[TR2] | be assured, no layoff before the end of the year. | Oct 28 21:57 |
| schestowitz[TR2] | 7 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 4 reactions (+1/-3) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @ay+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | 0 | Oct 28 21:57 |
| schestowitz[TR2] | @af the spring one never happened though | Oct 28 21:57 |
| schestowitz[TR2] | 8 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 2 reactions (+1/-1) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @ap+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | +5 | Oct 28 21:57 |
| schestowitz[TR2] | Right this moment is the calm before the storm | Oct 28 21:57 |
| schestowitz[TR2] | 9 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 5 reactions (+5/-0) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @aj+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | +7 | Oct 28 21:57 |
| schestowitz[TR2] | The one that occurred last year happened this coming week | Oct 28 21:57 |
| schestowitz[TR2] | 9 hours ago by Anonymous | Oct 28 21:57 |
| schestowitz[TR2] | | 7 reactions (+7/-0) | Reply | Oct 28 21:57 |
| schestowitz[TR2] | Post ID: @af+1m60ywk65 | Oct 28 21:57 |
| schestowitz[TR2] | 0 | Oct 28 21:57 |
| schestowitz[TR2] | Yes | Oct 28 21:57 |
| schestowitz[TR2] | " | Oct 28 21:57 |
| -TechBytesBot/#techbytes-Reddit | Oct 28 21:58 | |
| -TechBytesBot/#techbytes-@Invidious: https://invidious.osi.kr/watch?v=SrfVIbXKqtg | Oct 28 21:58 | |
| -TechBytesBot/#techbytes-TLS connect error: error:0A000458:SSL routines::tlsv1 unrecognized name ( status 0 @ https://invidious.osi.kr/watch?v=SrfVIbXKqtg ) | Oct 28 21:58 | |
| schestowitz[TR2] | https://www.thelayoff.com/t/1m60caws3 | Oct 28 21:58 |
| schestowitz[TR2] | " | Oct 28 21:59 |
| schestowitz[TR2] | Q2: Some customers postponed mainframe purchases, so IBM didn’t recognize the expected revenue. | Oct 28 21:59 |
| schestowitz[TR2] | Q3: Approximately two-thirds of those delayed deals closed, allowing IBM to recognize the associated revenue. | Oct 28 21:59 |
| schestowitz[TR2] | So reall the Q3 numbers are the Q2 numbers that came in late | Oct 28 21:59 |
| schestowitz[TR2] | " | Oct 28 21:59 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m60caws3 ) | Oct 28 21:59 | |
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| schestowitz[TR2] | https://www.thelayoff.com/t/1m5x6h3j3 | Oct 28 22:07 |
| -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1m5x6h3j3 ) | Oct 28 22:07 | |
| schestowitz[TR2] | " | Oct 28 22:08 |
| schestowitz[TR2] | “ how generous is the MSFT option?” | Oct 28 22:08 |
| schestowitz[TR2] | MSFT has made me a multimillionaire. It helped a lot that my wife also worked there. Speaking only for myself, it was a great ride and I can’t complain having worked there 19 years. I am 54 and will be taking the offer. Even though I can theoretically look elsewhere I don’t want to. I believe the younger folks should have the opportunity I had. | Oct 28 22:08 |
| schestowitz[TR2] | Even if they offer 1 wk/year severance and vests my RSU, I am golden. | Oct 28 22:08 |
| schestowitz[TR2] | I realize I am lucky and many people are not in this situation. | Oct 28 22:08 |
| schestowitz[TR2] | 21 hours ago by Anonymous | Oct 28 22:08 |
| schestowitz[TR2] | | 5 reactions (+4/-1) | Reply | Oct 28 22:08 |
| schestowitz[TR2] | Post ID: @ey+1m5x6h3j3 | Oct 28 22:08 |
| schestowitz[TR2] | +5 | Oct 28 22:08 |
| schestowitz[TR2] | @ag yes and that literally everyone is interviewing elsewhere | Oct 28 22:08 |
| schestowitz[TR2] | 22 hours ago by Anonymous | Oct 28 22:08 |
| schestowitz[TR2] | | 5 reactions (+5/-0) | Reply | Oct 28 22:08 |
| schestowitz[TR2] | Post ID: @eq+1m5x6h3j3 | Oct 28 22:08 |
| schestowitz[TR2] | +5 | Oct 28 22:08 |
| schestowitz[TR2] | @Cw. India’s headcount has most likely seen its apex. The substitution of labor has driven India’s headcount growth due mostly to lower labor rates. (IBM actually grew profits by approximately 60 cents on every dollar of labor moved to India). That for the most part has run its course, and automation will now be the next big focus. What does that mean? It means a lot of workers in India will be replaced by AI SW. I expect IBM | Oct 28 22:08 |
| schestowitz[TR2] | ’s total worldwide headcount count to approach 200k by end of 2027- mid 2028. | Oct 28 22:08 |
| schestowitz[TR2] | 1 day ago by Anonymous | Oct 28 22:08 |
| schestowitz[TR2] | | 7 reactions (+6/-1) | Reply | Oct 28 22:08 |
| schestowitz[TR2] | Post ID: @d0+1m5x6h3j3 | Oct 28 22:08 |
| schestowitz[TR2] | +2 | Oct 28 22:08 |
| schestowitz[TR2] | @cs and an increase by the same amount for headcount in India. | Oct 28 22:08 |
| schestowitz[TR2] | 1 day ago by Anonymous | Oct 28 22:08 |
| schestowitz[TR2] | | 4 reactions (+3/-1) | Reply | Oct 28 22:08 |
| schestowitz[TR2] | Post ID: @cw+1m5x6h3j3 | Oct 28 22:08 |
| schestowitz[TR2] | +5 | Oct 28 22:08 |
| schestowitz[TR2] | Microsoft has done buyouts in the past. They usually average a 30% + acceptance rate. That would net to a worldwide headcount drop of approx 10%. Pretty much in line with what IBM’s RA/PIP initiatives are achieving | Oct 28 22:08 |
| schestowitz[TR2] | 1 day ago by Anonymous | Oct 28 22:08 |
| schestowitz[TR2] | | 5 reactions (+5/-0) | Reply | Oct 28 22:08 |
| schestowitz[TR2] | Post ID: @cs+1m5x6h3j3 | Oct 28 22:08 |
| schestowitz[TR2] | +10 | Oct 28 22:08 |
| schestowitz[TR2] | In much of Canada, what is left of the last of us is both skeletal and sclerotic. I think that it's too late to offer something so general. I suspect that they really want to make targeted cuts because they can no longer afford the last useful person cashing out. I also suspect that that same dynamic is also in place in the US and other counties that don't start with an I and and with an A. And there is no way they are cutting role | Oct 28 22:08 |
| schestowitz[TR2] | s in any countries starting and ending with those letters. | Oct 28 22:08 |
| schestowitz[TR2] | The other issue is: how generous is the MSFT option? Because I suspect that the standard RA "offer" is as miserly as legally possible. | Oct 28 22:08 |
| schestowitz[TR2] | 1 day ago by Anonymous | Oct 28 22:08 |
| schestowitz[TR2] | | 10 reactions (+10/-0) | Reply | Oct 28 22:08 |
| schestowitz[TR2] | Post ID: @am+1m5x6h3j3 | Oct 28 22:08 |
| schestowitz[TR2] | +10 | Oct 28 22:08 |
| schestowitz[TR2] | Is anyone else feeling dread lately? I feel like everyone should be way more worried then they are right now | Oct 28 22:08 |
| schestowitz[TR2] | " | Oct 28 22:08 |
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