IBM Dismisses Report of Massive Layoffs

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IBM doesn't seem very happy about the WSJ claiming that the tech giant planned on laying off more than 100,000 employees. An IBM company spokesman had this to say:

IBM does not comment on rumors, even ridiculous or baseless ones. If anyone had checked information readily available from our public earnings statements, or had simply asked us, they would know that IBM has already announced the company has just taken a $600 million charge for workforce rebalancing. This equates to several thousand people, a mere fraction of what’s been reported.
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No, we are NOT laying off 100,000 people. That is a lie and we will not stand by while lies like that are lied about. We are just laying off 3,000
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In my experience 3% is far less than the actual amount of dead weight most companies have.
 
3,000 just this month. 100,000 being the longer-term goal during next quarter with some executive-level director prancing around in their all-hands meeting with that phony tone of voice they learned from their speech class--acting like business is all fine and dandy.
 
djoye said:
3,000 just this month. 100,000 being the longer-term goal during next quarter with some executive-level director prancing around in their all-hands meeting with that phony tone of voice they learned from their speech class--acting like business is all fine and dandy.
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Egg f'ing xactly
 
These layoffs are what happens when vast parts of your company are more of a part of the problem in IT than the solution.

Where is IBM's cloud storage services? Where are their desksixde support? Where are they in markets that they should be the LEADER in? IBM had the cash and the manpower not to mention facilities to dominate in several of these areas. Instead, they are having to lay off thousands of people in the IT arena. And I'm betting they are laying them off in segments of our nation (and world.) that simply do not have the available jobs to absorb these kinds of workers being introduced.

IBM for claiming to embrace change, was too busy selling off it's assets that actually did have flexibility and in turn hurting the market.

Sold off their Laptop and Desktop PC's to a chinese company. (lenovo)

Lost almost all mindshare in the IT arena short of AIX systems.

I mean, from an IT professionals perspective even DELL is who you would go to for a cloud computing playform before IBM. Their services sector can't compete with the likes of Google and Amazon that just came out of nowhere.

IBM still has VAST resources and a solid talented skill pool to draw upon. They need to embrace risk and create market again. And for gods sake stop rewarding employees for useless non IT patents. (It is as if IBM wants to be a company that leases IP rather than creates product and services.)
 
Grimlaking said:
These layoffs are what happens when vast parts of your company are more of a part of the problem in IT than the solution.

Where is IBM's cloud storage services? Where are their desksixde support? Where are they in markets that they should be the LEADER in? IBM had the cash and the manpower not to mention facilities to dominate in several of these areas. Instead, they are having to lay off thousands of people in the IT arena. And I'm betting they are laying them off in segments of our nation (and world.) that simply do not have the available jobs to absorb these kinds of workers being introduced.

IBM for claiming to embrace change, was too busy selling off it's assets that actually did have flexibility and in turn hurting the market.

Sold off their Laptop and Desktop PC's to a chinese company. (lenovo)

Lost almost all mindshare in the IT arena short of AIX systems.

I mean, from an IT professionals perspective even DELL is who you would go to for a cloud computing playform before IBM. Their services sector can't compete with the likes of Google and Amazon that just came out of nowhere.

IBM still has VAST resources and a solid talented skill pool to draw upon. They need to embrace risk and create market again. And for gods sake stop rewarding employees for useless non IT patents. (It is as if IBM wants to be a company that leases IP rather than creates product and services.)
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QFT. They also sold off their server division. Besides V7000 and XIV, most of their storage products are just overpriced crappy versions of the same stuff made by HDS for less. It also bears mentioning that their primary money maker (Global Services) is tanking at the moment with huge numbers of large companies in-sourcing due to terrible service.
 
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