Ibm Triples Us, Canadian and Uk Layoffs in 2010
Reliable sources have just confirmed that top IBM managment and the IBM board of directors have met and they will triple the layoffs in 2010 over the 2009 number. Management intitiated layoffs – essentially "firings” for lack of performance will be the strategy in 2010, eliminating the paying of severance and benefits packages.
We have just confirmed sources that Sam Palmisano intends to triple the number of US, Canadian, andUK layoffs in 2010 over its 2009 layoff count. Top level insiders confirmed the information- based on a recent meetings Sam Palmisano had with top level executives just before the holiday break. Sam Palmisano said the board is on board and we can go ahead with our plan-to dump some more of the over weight staff budget . In fact an IBM executive said Sam Palmisano IBM CEO who has put on more than a few pounds sort of chortled when he said it- his eyes lite up, his six chins waved and his roll of jelly belly wiggled. Oh no the Anti-Santa. Sam is targeting staffers who he says skills are not right for the next ten years, middle management that can be reduced due to the dramatic staff reduction over the last 5 years. The top level executives rubbed their hands with excitement that severance packages will be greatly reduced and eliminated with the management initiated separations for performance. Oh and the rank and file will have reduced incentives pay while executive incentive pay will be increased. A Merry Christmas to all and to all a good night.
It was also confirmed in this meeting that outsourcing to China and India will exceed twice the speed and velocity of 2009. IBM you really know how to create jobs to bad none of them are in the US. Sam looking to Obama for money to escalate his plan make the stimulus money seem well invested. This economy is on the big slide-expect to see worse economic results as the year unfolds and long term IBM employment unravels. And lastly no surprise reduction in retirement health benefits will be rolled out in 2010.
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IBM SUCKS
What’s the nature of the “reliable resources”? Without some sort of reference, this could appear to be unsubstantiated rumor.
this site and this article reeks of bullsh1t
Loved it! Funny!
Freddie, sorry, no BS here, my six chins did indeed wave my roll of jelly belly wiggled/
Hey Freddie are you Sammy P. Cousin? Sandy Kemsley your name is on the management initiated reductions
:) Why so loyal- hasn’t everything this web site identified come true………..Wake up and smell the IBM bologne and coffee.
Some departments in Fishkill, NY lost a ton of people. 13 from my source, one was notified ON NEW YEARS EVE! For those of you thst call BS well maybe some, but not much. They worked very hard to create a 2 shift environment called AWS (alternate work schedule). After they reviewed the numbers of nightly tickets they decided to throw the whole thing out, cancel the AWS and fire everyone associated with it. Now those that are left are going to be hammered to support the environment 24/7. And I can guarantee they still don’t want to part with any overtime $. They’ll try to force OT on the contractors that don’t get paid for holidays or salaried employees will be forced to work “off the books”. Eventually these US based GDF’s (glorified call center “fronts” that receive work and dispatch it offshore) will vanish when just about everything is offshore.
Being an IBM employee, they are complete hypocrites in terms of stating they are going to layoff non performers. Our complete department has seen that the failuers with IBM have been with offshoring to India. Yes, their hourly rate is cheaper, but the work quality and the rework required is horrendous. This whole thing is just a coverup to reduce high quality US employees that effect their bottom line. Lets see how many other ways IBM can screw the US! Obama – I hope you can curve company offshoring to bring it back to the US!
Brian, you hope Obama can curve company offshoring and bring it back to the U.S.? Name one thing he has accomplished that would give you any confidence he could do that. He doesn’t have enough job or business experience to run a candy store.
Regarding the article, unless sources are named, it’s all just rumor and speculation.
They aren’t insider sources if you name them- and by the way Joanne what is your last real name? Will see if your on the list if you are so confident you would not be reading the article. Seems like the bulk of the folks know this is the tip of the iceburg at IBM.
History proves it all to be true. Look what readers have to say.
Just for your information it has already begun in the UK. The corporate goal that was put in place several years ago was to complete the offshoring of most of the jobs by 2010. I would say they are on target. We need our government to do something to turn this trend around or we will become a third world country. Write to your congressman and Obama….if enough people do this perhaps we will see positive results.
Is there anyone out there who knows how to post this article on you tube where even more people can read it? I’d do it myself if I knew how….Thanks
Interesting, but the tone of the article sounds like a junior high girl and filled with grammar and spelling mistakes does little for credibility.
The problem is IBM\’s competitors are also outsourcing to more effectively compete by trimming off it fat. The big question is who among the biggies would flinch first in order reverse the bleeding and save so-called \”American jobs\” which have long been a myth since the advent of globalization.
Hey- Nate- you add nothing to this discussion and miss the point completely.Editorial said it was fine. We do have some aCapitilization of headline issues with software. When dopes like you have nothing to add ,you say the grammer is no good. Well Ms Snottie- what’s wrong with you. And PS Why does it sound like a junior high girl. Are you a junior high girl Nate- I think you are?
I agree…to the outsider, the article reeks if sh*t…but for anyone who has worked for IBM knows that it is spot on.
IBM is run for 1 reason only and that is fat Sam’s wallet.
IBM sucks. Face it, Western leaders have to start taxing offshoring of work. This is a joke. Most of these people dont even speak English properly. In the end, we pay for these useless companies to stick around. As a consumer, lets all pay more attention to who gets our money. You think Chinese or Indian companies will keep IBM afloat? Good luck with that India Beijing Machines, good luck with that.
Big layoffs coming March 1 2010 at IBM Canada
Well, some people in January said this was rumor, but it isn’t. 3/1/2010, layoffs have begun!
Confirmed to be true from internal source
27 years down the tubes.. this cannot be for bad performance I would not have been here this long.. This is strictly to do wiith jobs being sent to India for 50cents and hour.. Thework coing out of Infdia is horrible – no quality – and apparently no one cares!
I will pray to Barack Obama to save us all. IBM cannot be allowed to get away with this.
Yep it’s true and it’s not about performance. I had a 2+ review this year and have doing very well for my team and accounts. Nevertheless I received word today that after 9 years my career with IBM is over.
Brian’s comments about offshoring to India and the resulting quality/rework issues are spot on. We’ve seen the same things. Employees are comodities/resources (ie -disposable) but we’ll see what happens when some of the big systems go down and no Indians have a clue how to fix ‘em.
As for getting Obama or anyone involved, other posters are right. He’s done nothing to show that he’ll stop this and I’m not really sure he can. He should, at least, tie any assistance to comapnies to hard backup proving no outsourcing of jobs but that’d take balls and I have yet to see a politician (Republican or Democrat) that has those.
People call this type of thing “triming the fat” but we long ago passed the point where actual poor performing employees need to be let go. This is all about keeping proffits high enough to justify enormous CEO bonuses and stock prices vs. actual quality products. It’s easier to cut costs to keep profits high vs. actually selling more stuff or developing a better product.
the layoffs were announced today, march 3. IBM received roughly $4 million of federal stimulus money, a drop in the bucket to a company of their size and the entire package, but a lot of money to average people. how are our tax dollars being used by IBM? IBM’s profits are up; IBM is laying off US workers but adding workers in foreign countries; IBM bonuses to working class employees will decline while bonuses to executives will increase. i don’t know about anybody else, but i want my money back.
I got my notice last week…. 30 day notice… I have been billable 44 hours a week for the last year.. This has nothing to do with performance. My whole staff got notice and we will all be gone by July, some sooner. I have over 20 years in IT and they cannot replace that with someone from India who just got a degree. The service is going to go downhill. I am also worried about the technology drain from the U.S. that will affect our country. In 5 years we will no longer be the forerunners in technology unless something is done soon and fast
I too now have 30 days to find a comparable profession that will provide sustenance and the basic necessities for my family. No worries though as we set out to endure some of the worst economic conditions this country has ever experienced.
My hat is off to you Sam, for milking every last penny of profit out of your company for the sole benefit of “the shareholders.” But at what cost…thousands of US workers that contribute to this country’s well being? The last time I checked, these are the exact same workers pumping their hard earned wages back into the system. It is members of these workers’ families fighting on foreign soil for the very freedom that allows you to become so wealthy…and their reward, a pink slip with the bare minimum severance package.
Can’t you see China and India laughing all the way to the bank or are you blinded by your own greed and narcissism? By the way, when does your book come out?
Sammy P…just how do you sleep at night? Oh! Let me guess…pretty well I’m sure – as your pillows are stuffed with $1,000 bills and your mattress is filled with stock options. Shame on you Sam.
What other stories and opinions are representative of this troublesome topic- families losing income daily in a horrible job market. Yet Harry Reed says the job lose is getting better. Where is that happening- not clear to many or any?
After being an IBM employee for over 32 years I was laid off in 2009. After I got over the initial shock I really enjoy my retired life. The 3 basic beliefs, 1.) Respect For The Individual, 2.) Best Customer Service, 3.) Pursuit of Excellence………These went out a long time ago and IBM has not been the same company since….
IBM cannot be trusted. IBM is a master of bad faith. I was an IBM employee for 19 and one-half years in 1992 when many good employees (also just short of their twentieth anniversaries) were fired. During my tenure with the company I twisted myself and my life inside-out in many ways to make them happy and ensure my continued career. IBM did not care, never did.
Money rules