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6, 2000 April, 2000

Highlights—June 28, 2008

From Yahoo! Finance: IBM Insider Transactions, Last Two Years. Note: If you are viewing this in your Web browser, you may sort this table by clicking on the "Insider" or "Shares" column headers.

Date Insider Shares Type Transaction Value*
23-May-08 KELLY JOHN E III
Officer
40200 Direct Option Exercise at $88.96 per share. $3,576,191
23-May-08 KELLY JOHN E III
Officer
11705 Direct Sale at $124.21 - $124.43 per share. $1,455,000
23-May-08 KELLY JOHN E III
Officer
27371 Direct Sale at $124.06 - $124.2 per share. $3,398,000
19-May-08 SHAUGHNESSY TIMOTHY S
Officer
2500 Indirect Option Exercise at $104.71 per share. $261,774
19-May-08 SHAUGHNESSY TIMOTHY S
Officer
38996 Direct Option Exercise at $104.71 - $105.96 per share. $4,108,000
19-May-08 SHAUGHNESSY TIMOTHY S
Officer
39586 Direct Sale at $127.90 - $128.2 per share. $5,069,000
15-May-08 ROMETTY VIRGINIA M
Officer
9849 Direct Sale at $128 per share. $1,260,672
14-May-08 SANFORD LINDA S
Officer
18000 Direct Option Exercise at $78.13 per share. $1,406,340
14-May-08 SANFORD LINDA S
Officer
27984 Direct Sale at $127.98 - $128.01 per share. $3,582,000
14-May-08 KELLY JOHN E III
Officer
100 Direct Disposition (Non Open Market) at $0 per share. N/A
12-May-08 KERN R. FRANKLIN III
Officer
110 Indirect Sale at $125.13 per share. $13,764
12-May-08 KERN R. FRANKLIN III
Officer
4730 Direct Sale at $125.15 - $125.38 per share. $593,000
9-May-08 IWATA JON C
Officer
15000 Direct Option Exercise at $88.96 per share. $1,334,400
9-May-08 IWATA JON C
Officer
20603 Direct Sale at $124.07 - $124.15 per share. $2,557,000
8-May-08 KAVANAUGH JAMES J
Officer
1250 Direct Option Exercise at $0 per share. N/A
8-May-08 KAVANAUGH JAMES J
Officer
423 Direct Disposition (Non Open Market) at $124.46 per share. $52,646
8-May-08 KERN R. FRANKLIN III
Officer
2187 Direct Option Exercise at $0 per share. N/A
8-May-08 KERN R. FRANKLIN III
Officer
740 Direct Disposition (Non Open Market) at $124.46 per share. $92,100
8-May-08 ADKINS RODNEY C
Officer
2656 Direct Option Exercise at $0 per share. N/A
8-May-08 ADKINS RODNEY C
Officer
1164 Direct Disposition (Non Open Market) at $124.46 per share. $144,871
8-May-08 WEBER ROBERT C
Officer
2526 Direct Option Exercise at $0 per share. N/A
8-May-08 WEBER ROBERT C
Officer
1089 Direct Disposition (Non Open Market) at $124.46 per share. $135,536
8-May-08 DANIELS MICHAEL E
Officer
5862 Direct Option Exercise at $0 per share. N/A
8-May-08 DANIELS MICHAEL E
Officer
2486 Direct Disposition (Non Open Market) at $124.46 per share. $309,407
8-May-08 ROMETTY VIRGINIA M
Officer
5506 Direct Option Exercise at $0 per share. N/A
8-May-08 ROMETTY VIRGINIA M
Officer
2292 Direct Disposition (Non Open Market) at $124.46 per share. $285,262
8-May-08 SHAUGHNESSY TIMOTHY S
Officer
375 Indirect Option Exercise at $0 per share. N/A
8-May-08 SHAUGHNESSY TIMOTHY S
Officer
2422 Direct Option Exercise at $0 per share. N/A
8-May-08 SHAUGHNESSY TIMOTHY S
Officer
127 Indirect Disposition (Non Open Market) at $124.46 per share. $15,806
8-May-08 SHAUGHNESSY TIMOTHY S
Officer
819 Direct Disposition (Non Open Market) at $124.46 per share. $101,932
8-May-08 ZEITLER WILLIAM M
Officer
6783 Direct Option Exercise at $0 per share. N/A
8-May-08 ZEITLER WILLIAM M
Officer
2917 Direct Disposition (Non Open Market) at $124.46 per share. $363,049
8-May-08 PALMISANO SAMUEL J
Officer
10526 Direct Option Exercise at $0 per share. N/A
8-May-08 PALMISANO SAMUEL J
Officer
4549 Direct Disposition (Non Open Market) at $124.46 per share. $566,168
8-May-08 MOFFAT ROBERT W JR
Officer
5967 Direct Option Exercise at $0 per share. N/A
8-May-08 MOFFAT ROBERT W JR
Officer
2580 Direct Disposition (Non Open Market) at $124.46 per share. $321,106
8-May-08 MILLS STEVEN A
Officer
6658 Direct Option Exercise at $0 per share. N/A
8-May-08 MILLS STEVEN A
Officer
2918 Direct Disposition (Non Open Market) at $124.46 per share. $363,174
8-May-08 MACDONALD J RANDALL
Officer
80756 Direct Option Exercise at $0 - $111.87 per share. N/A
8-May-08 MACDONALD J RANDALL
Officer
700 Direct Sale at $124.82 per share. $87,374
8-May-08 MACDONALD J RANDALL
Officer
35194 Direct Sale at $124.72 - $124.82 per share. $4,391,000
8-May-08 MACDONALD J RANDALL
Officer
38213 Direct Sale at $124.65 - $124.71 per share. $4,764,000
8-May-08 MACDONALD J RANDALL
Officer
2522 Direct Disposition (Non Open Market) at $124.46 per share. $313,888
8-May-08 LOUGHRIDGE MARK
Officer
7329 Direct Option Exercise at $0 per share. N/A
8-May-08 LOUGHRIDGE MARK
Officer
3211 Direct Disposition (Non Open Market) at $124.46 per share. $399,641
8-May-08 KELLY JOHN E III
Officer
5967 Direct Option Exercise at $0 per share. N/A
8-May-08 KELLY JOHN E III
Officer
2614 Direct Disposition (Non Open Market) at $124.46 per share. $325,338
8-May-08 IWATA JON C
Officer
4355 Direct Option Exercise at $0 per share. N/A
8-May-08 IWATA JON C
Officer
1883 Direct Disposition (Non Open Market) at $124.46 per share. $234,358
8-May-08 HARRELD J BRUCE
Officer
5756 Direct Option Exercise at $0 per share. N/A
8-May-08 HARRELD J BRUCE
Officer
2522 Direct Disposition (Non Open Market) at $124.46 per share. $313,888
8-May-08 ELIX DOUGLAS T
Officer
6783 Direct Option Exercise at $0 per share. N/A
8-May-08 ELIX DOUGLAS T
Officer
2925 Direct Disposition (Non Open Market) at $124.46 per share. $364,045
8-May-08 DONOFRIO NICHOLAS M
Officer
5204 Direct Option Exercise at $0 per share. N/A
8-May-08 DONOFRIO NICHOLAS M
Officer
2225 Direct Disposition (Non Open Market) at $124.46 per share. $276,923
8-May-08 SANFORD LINDA S
Officer
5401 Direct Option Exercise at $0 per share. N/A
8-May-08 SANFORD LINDA S
Officer
2367 Direct Disposition (Non Open Market) at $124.46 per share. $294,596
6-May-08 DANIELS MICHAEL E
Officer
28200 Direct Option Exercise at $88.96 per share. $2,508,672
6-May-08 DANIELS MICHAEL E
Officer
5300 Direct Sale at $121.05 - $121.15 per share. $642,000
6-May-08 DANIELS MICHAEL E
Officer
21776 Direct Sale at $120.80 - $121.04 per share. $2,633,000
2-May-08 KAVANAUGH JAMES J
Officer
2000 Direct Statement of Ownership N/A
1-May-08 KELLY JOHN E III
Officer
800 Direct Disposition (Non Open Market) at $0 per share. N/A
1-May-08 ROMETTY VIRGINIA M
Officer
29400 Direct Option Exercise at $88.96 per share. $2,615,424
1-May-08 ROMETTY VIRGINIA M
Officer
29400 Direct Sale at $122.50 per share. $3,601,500
1-May-08 NOTO LUCIO A
Director
1000 Direct Option Exercise at $103.61 per share. $103,610
30-Apr-08 MILLS STEVEN A
Officer
29438 Direct Option Exercise at $88.96 per share. $2,618,804
30-Apr-08 MILLS STEVEN A
Officer
200 Direct Sale at $123.13 per share. $24,626
30-Apr-08 MILLS STEVEN A
Officer
48676 Direct Sale at $122.98 - $123.12 per share. $5,990,000
30-Apr-08 KELLY JOHN E III
Officer
7296 Direct Sale at $122.63 - $122.75 per share. $895,000
30-Apr-08 DONOFRIO NICHOLAS M
Officer
158077 Direct Option Exercise at $88.96 - $104.71 per share. $15,307,000
30-Apr-08 DONOFRIO NICHOLAS M
Officer
15700 Direct Sale at $122.83 - $122.94 per share. $1,929,000
30-Apr-08 DONOFRIO NICHOLAS M
Officer
141253 Direct Sale at $122.70 - $122.82 per share. $17,340,000
1-Apr-08 KERN R. FRANKLIN III
Officer
110 Indirect Statement of Ownership N/A
1-Apr-08 KERN R. FRANKLIN III
Officer
33326 Direct Statement of Ownership N/A
7-Mar-08 DANIELS MICHAEL E
Officer
5883 Direct Option Exercise at $0 per share. N/A
7-Mar-08 DANIELS MICHAEL E
Officer
2494 Direct Disposition (Non Open Market) at $113.28 per share. $282,520
7-Mar-08 MOFFAT ROBERT W JR
Officer
5883 Direct Option Exercise at $0 per share. N/A
7-Mar-08 MOFFAT ROBERT W JR
Officer
2543 Direct Disposition (Non Open Market) at $113.28 per share. $288,071
28-Feb-08 MAKIHARA MINORU
Director
4000 Direct Option Exercise at $58.22 per share. $232,880
28-Feb-08 MAKIHARA MINORU
Director
4000 Direct Sale at $114.85 - $115.29 per share. $460,000
28-Feb-08 SHAUGHNESSY TIMOTHY S
Officer
151 Direct Sale at $115.44 per share. $17,431
25-Feb-08 MACDONALD J RANDALL
Officer
11494 Direct Option Exercise at $0 per share. N/A
25-Feb-08 MACDONALD J RANDALL
Officer
5035 Direct Disposition (Non Open Market) at $108.89 per share. $548,261
25-Feb-08 IWATA JON C
Officer
11494 Direct Option Exercise at $0 per share. N/A
25-Feb-08 IWATA JON C
Officer
4741 Direct Disposition (Non Open Market) at $108.89 per share. $516,247
24-Feb-08 SHAUGHNESSY TIMOTHY S
Officer
253 Indirect Option Exercise at $0 per share. N/A
24-Feb-08 SHAUGHNESSY TIMOTHY S
Officer
102 Indirect Disposition (Non Open Market) at $107.10 per share. $10,924
12-Feb-08 SHAUGHNESSY TIMOTHY S
Officer
3682 Direct Sale at $106 per share. $390,292
1-Feb-08 ADKINS RODNEY C
Officer
1817 Direct Disposition (Non Open Market) at $107.65 per share. $195,600
1-Feb-08 ADKINS RODNEY C
Officer
5268 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 DANIELS MICHAEL E
Officer
3807 Direct Disposition (Non Open Market) at $107.65 per share. $409,823
1-Feb-08 DANIELS MICHAEL E
Officer
11106 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 ROMETTY VIRGINIA M
Officer
4728 Direct Disposition (Non Open Market) at $107.65 per share. $508,969
1-Feb-08 ROMETTY VIRGINIA M
Officer
11363 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 SHAUGHNESSY TIMOTHY S
Officer
1929 Direct Disposition (Non Open Market) at $107.65 per share. $207,656
1-Feb-08 SHAUGHNESSY TIMOTHY S
Officer
5611 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 ZEITLER WILLIAM M
Officer
5661 Direct Disposition (Non Open Market) at $107.65 per share. $609,406
1-Feb-08 ZEITLER WILLIAM M
Officer
13171 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 PALMISANO SAMUEL J
Officer
20347 Direct Disposition (Non Open Market) at $107.65 per share. $2,190,354
1-Feb-08 PALMISANO SAMUEL J
Officer
49238 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 MOFFAT ROBERT W JR
Officer
4061 Direct Disposition (Non Open Market) at $107.65 per share. $437,166
1-Feb-08 MOFFAT ROBERT W JR
Officer
11485 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 MILLS STEVEN A
Officer
4451 Direct Disposition (Non Open Market) at $107.65 per share. $479,150
1-Feb-08 MILLS STEVEN A
Officer
12223 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 MACDONALD J RANDALL
Officer
4052 Direct Disposition (Non Open Market) at $107.65 per share. $436,197
1-Feb-08 MACDONALD J RANDALL
Officer
11301 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 LOUGHRIDGE MARK
Officer
3274 Direct Disposition (Non Open Market) at $107.65 per share. $352,446
1-Feb-08 LOUGHRIDGE MARK
Officer
9536 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 KELLY JOHN E III
Officer
4168 Direct Disposition (Non Open Market) at $107.65 per share. $448,685
1-Feb-08 KELLY JOHN E III
Officer
11564 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 IWATA JON C
Officer
2367 Direct Disposition (Non Open Market) at $107.65 per share. $254,807
1-Feb-08 IWATA JON C
Officer
7007 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 HARRELD J BRUCE
Officer
3592 Direct Disposition (Non Open Market) at $107.65 per share. $386,678
1-Feb-08 HARRELD J BRUCE
Officer
10247 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 ELIX DOUGLAS T
Officer
5155 Direct Disposition (Non Open Market) at $107.65 per share. $554,935
1-Feb-08 ELIX DOUGLAS T
Officer
14066 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-08 SANFORD LINDA S
Officer
3825 Direct Disposition (Non Open Market) at $107.65 per share. $411,761
1-Feb-08 SANFORD LINDA S
Officer
10775 Direct Acquisition (Non Open Market) at $0 per share. N/A
29-Jan-08 MILLS STEVEN A
Officer
600 Direct Disposition (Non Open Market) at $0 per share. N/A
24-Jan-08 NOTO LUCIO A
Director
1000 Direct Option Exercise at $58.22 per share. $58,220
22-Jan-08 ZEITLER WILLIAM M
Officer
34200 Direct Option Exercise at $51.16 per share. $1,749,671
22-Jan-08 ZEITLER WILLIAM M
Officer
7264 Direct Sale at $102.95 - $103.03 per share. $748,000
22-Jan-08 ZEITLER WILLIAM M
Officer
26936 Direct Sale at $102.46 - $102.95 per share. $2,766,000
6-Jan-08 ROMETTY VIRGINIA M
Officer
11495 Direct Option Exercise at $0 per share. N/A
6-Jan-08 ROMETTY VIRGINIA M
Officer
3865 Direct Disposition (Non Open Market) at $102.15 per share. $394,809
21-Nov-07 DANIELS MICHAEL E
Officer
1466 Direct Option Exercise at $51.16 per share. $75,000
21-Nov-07 MOFFAT ROBERT W JR
Officer
18446 Direct Option Exercise at $51.16 - $51.16 per share. $944,000
21-Nov-07 MOFFAT ROBERT W JR
Officer
18446 Direct Sale at $102.74 - $102.89 per share. $1,897,000
19-Nov-07 PALMISANO SAMUEL J
Officer
120000 Direct Option Exercise at $51.16 - $51.16 per share. $6,139,000
19-Nov-07 PALMISANO SAMUEL J
Officer
85000 Direct Sale at $104.40 - $104.71 per share. $8,887,000
5-Nov-07 IWATA JON C
Officer
1740 Direct Disposition (Non Open Market) at $0 per share. N/A
2-Nov-07 SANFORD LINDA S
Officer
727 Direct Disposition (Non Open Market) at $0 per share. N/A
1-Nov-07 SANFORD LINDA S
Officer
489 Direct Option Exercise at $51.16 - $51.16 per share. $25,000
1-Nov-07 DONOFRIO NICHOLAS M
Officer
900 Direct Disposition (Non Open Market) at $0 per share. N/A
25-Oct-07 NOTO LUCIO A
Director
1000 Direct Option Exercise at $58.22 per share. $58,220
27-Aug-07 ELIX DOUGLAS T
Officer
45000 Direct Option Exercise at $51.16 - $51.16 per share. $2,302,000
27-Aug-07 ELIX DOUGLAS T
Officer
2800 Direct Sale at $113.17 - $113.2 per share. $317,000
27-Aug-07 ELIX DOUGLAS T
Officer
42200 Direct Sale at $112.82 - $113.16 per share. $4,768,000
17-Aug-07 PALMISANO SAMUEL J
Officer
220 Indirect Acquisition (Non Open Market) at $0 per share. N/A
17-Aug-07 PALMISANO SAMUEL J
Officer
170 Indirect Disposition (Non Open Market) at $0 per share. N/A
17-Aug-07 PALMISANO SAMUEL J
Officer
970 Direct Disposition (Non Open Market) at $0 per share. N/A
3-Aug-07 SHAUGHNESSY TIMOTHY S
Officer
8050 Indirect Option Exercise at $88.96 - $103.25 per share. $774,000
3-Aug-07 SHAUGHNESSY TIMOTHY S
Officer
43982 Direct Option Exercise at $88.96 - $103.25 per share. $4,227,000
3-Aug-07 SHAUGHNESSY TIMOTHY S
Officer
5958 Indirect Sale at $113.75 per share. $677,722
3-Aug-07 SHAUGHNESSY TIMOTHY S
Officer
42171 Direct Sale at $113.75 per share. $4,796,951
3-Aug-07 HORN PAUL M
Officer
12089 Direct Sale at $113.81 - $113.81 per share. $1,376,000
1-Aug-07 KELLY JOHN E III
Officer
425 Direct Disposition (Non Open Market) at $0 per share. N/A
31-Jul-07 BRODY WILLIAM R MD PHD
Director
  Direct Statement of Ownership N/A
30-Jul-07 NOTO LUCIO A
Director
1000 Direct Option Exercise at $58.22 - $58.22 per share. $58,000
27-Jul-07 ADKINS RODNEY C
Officer
14732 Direct Option Exercise at $51.16 - $104.71 per share. N/A
27-Jul-07 ADKINS RODNEY C
Officer
12000 Direct Sale at $117.07 per share. $1,404,840
25-Jul-07 O DONNELL DANIEL E
Officer
28334 Direct Option Exercise at $78.13 - $88.96 per share. $2,367,000
25-Jul-07 O DONNELL DANIEL E
Officer
77 Direct Sale at $117.24 - $117.31 per share. $9,030
25-Jul-07 O DONNELL DANIEL E
Officer
32874 Direct Sale at $117.24 - $117.27 per share. $3,855,000
25-Jul-07 KELLY JOHN E III
Officer
54425 Direct Option Exercise at $78.13 - $78.13 per share. $4,252,000
25-Jul-07 KELLY JOHN E III
Officer
54000 Direct Sale at $115.46 - $115.46 per share. $6,235,000
24-Jul-07 SANFORD LINDA S
Officer
12218 Direct Sale at $116.41 - $116.41 per share. $1,422,000
20-Jul-07 MILLS STEVEN A
Officer
20000 Direct Sale at $114.35 per share. $2,287,000
17-Jun-07 DANIELS MICHAEL E
Officer
9434 Direct Option Exercise at $0 per share. N/A
17-Jun-07 DANIELS MICHAEL E
Officer
4000 Direct Disposition (Non Open Market) at $104.54 - $104.54 per share. $418,000
17-Jun-07 MILLS STEVEN A
Officer
18868 Direct Option Exercise at $0 per share. N/A
17-Jun-07 MILLS STEVEN A
Officer
8265 Direct Disposition (Non Open Market) at $104.54 - $104.54 per share. $864,000
17-Jun-07 HORN PAUL M
Officer
14151 Direct Option Exercise at $0 per share. N/A
17-Jun-07 HORN PAUL M
Officer
6199 Direct Disposition (Non Open Market) at $104.54 - $104.54 per share. $648,000
17-Jun-07 ELIX DOUGLAS T
Officer
18868 Direct Option Exercise at $0 per share. N/A
17-Jun-07 ELIX DOUGLAS T
Officer
8133 Direct Disposition (Non Open Market) at $104.54 - $104.54 per share. $850,000
17-Jun-07 DONOFRIO NICHOLAS M
Officer
9434 Direct Option Exercise at $0 per share. N/A
17-Jun-07 DONOFRIO NICHOLAS M
Officer
4033 Direct Disposition (Non Open Market) at $104.54 - $104.54 per share. $422,000
17-Jun-07 SANFORD LINDA S
Officer
18868 Direct Option Exercise at $0 per share. N/A
17-Jun-07 SANFORD LINDA S
Officer
8265 Direct Disposition (Non Open Market) at $104.54 - $104.54 per share. $864,000
18-May-07 ADKINS RODNEY C
Officer
172 Direct Statement of Ownership N/A
18-May-07 ROMETTY VIRGINIA M
Officer
7336 Direct Option Exercise at $78.13 - $78.13 per share. $573,000
18-May-07 ROMETTY VIRGINIA M
Officer
9014 Direct Sale at $107 - $107.1 per share. $965,000
16-May-07 MILLS STEVEN A
Officer
5000 Direct Sale at $104.93 - $104.93 per share. $525,000
9-May-07 MILLS STEVEN A
Officer
1000 Direct Disposition (Non Open Market) at $0 per share. N/A
8-May-07 DANIELS MICHAEL E
Officer
3125 Direct Option Exercise at $0 per share. N/A
8-May-07 DANIELS MICHAEL E
Officer
1325 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $136,000
8-May-07 ROMETTY VIRGINIA M
Officer
2875 Direct Option Exercise at $0 per share. N/A
8-May-07 ROMETTY VIRGINIA M
Officer
1197 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $123,000
8-May-07 ZEITLER WILLIAM M
Officer
3625 Direct Option Exercise at $0 per share. N/A
8-May-07 ZEITLER WILLIAM M
Officer
1559 Direct Disposition (Non Open Market) at $102.80 per share. $160,265
8-May-07 MOFFAT ROBERT W JR
Officer
3125 Direct Option Exercise at $0 per share. N/A
8-May-07 MOFFAT ROBERT W JR
Officer
1351 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $139,000
8-May-07 MILLS STEVEN A
Officer
3500 Direct Option Exercise at $0 per share. N/A
8-May-07 MILLS STEVEN A
Officer
1533 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $158,000
8-May-07 MACDONALD J RANDALL
Officer
3125 Direct Option Exercise at $0 per share. N/A
8-May-07 MACDONALD J RANDALL
Officer
1369 Direct Disposition (Non Open Market) at $102.80 per share. $140,733
8-May-07 LOUGHRIDGE MARK
Officer
3750 Direct Option Exercise at $0 per share. N/A
8-May-07 LOUGHRIDGE MARK
Officer
1643 Direct Disposition (Non Open Market) at $102.80 per share. $168,900
8-May-07 KELLY JOHN E III
Officer
3125 Direct Option Exercise at $0 per share. N/A
8-May-07 KELLY JOHN E III
Officer
1369 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $141,000
8-May-07 IWATA JON C
Officer
2250 Direct Option Exercise at $0 per share. N/A
8-May-07 IWATA JON C
Officer
973 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $100,000
8-May-07 HORN PAUL M
Officer
2250 Direct Option Exercise at $0 per share. N/A
8-May-07 HORN PAUL M
Officer
986 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $101,000
8-May-07 HARRELD J BRUCE
Officer
3125 Direct Option Exercise at $0 per share. N/A
8-May-07 HARRELD J BRUCE
Officer
1369 Direct Disposition (Non Open Market) at $102.80 per share. $140,733
8-May-07 ELIX DOUGLAS T
Officer
3625 Direct Option Exercise at $0 per share. N/A
8-May-07 ELIX DOUGLAS T
Officer
1563 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $161,000
8-May-07 DONOFRIO NICHOLAS M
Officer
3625 Direct Option Exercise at $0 per share. N/A
8-May-07 DONOFRIO NICHOLAS M
Officer
1550 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $159,000
8-May-07 SANFORD LINDA S
Officer
2875 Direct Option Exercise at $0 per share. N/A
8-May-07 SANFORD LINDA S
Officer
1260 Direct Disposition (Non Open Market) at $102.80 - $102.8 per share. $130,000
7-May-07 NOTO LUCIO A
Director
1000 Direct Option Exercise at $58.22 - $58.22 per share. $58,000
1-May-07 LOUGHRIDGE MARK
Officer
10000 Direct Option Exercise at $0 per share. N/A
1-May-07 LOUGHRIDGE MARK
Officer
4380 Direct Disposition (Non Open Market) at $102.61 - $102.61 per share. $449,000
1-May-07 IWATA JON C
Officer
23350 Direct Option Exercise at $51.16 - $51.16 per share. $1,195,000
1-May-07 IWATA JON C
Officer
32046 Direct Sale at $102.35 - $102.58 per share. $3,284,000
1-May-07 DONOFRIO NICHOLAS M
Officer
100000 Direct Option Exercise at $51.16 - $51.16 per share. $5,116,000
1-May-07 DONOFRIO NICHOLAS M
Officer
98046 Direct Sale at $102.28 - $102.28 per share. $10,028,000
1-May-07 GREENE JESSE J JR
Officer
1887 Direct Option Exercise at $0 per share. N/A
1-May-07 GREENE JESSE J JR
Officer
638 Direct Disposition (Non Open Market) at $102.61 - $102.61 per share. $65,000
27-Apr-07 MACDONALD J RANDALL
Officer
12974 Direct Option Exercise at $78.13 - $78.13 per share. $1,014,000
27-Apr-07 MACDONALD J RANDALL
Officer
12974 Direct Sale at $100.54 - $100.54 per share. $1,304,000
26-Apr-07 KELLY JOHN E III
Officer
10927 Direct Sale at $101.11 - $101.11 per share. $1,105,000
26-Apr-07 HORN PAUL M
Officer
16246 Direct Option Exercise at $51.16 - $51.16 per share. $831,000
26-Apr-07 HORN PAUL M
Officer
16246 Direct Sale at $100.89 - $100.89 per share. $1,639,000
25-Apr-07 DORMANN JUERGEN
Director
4000 Direct Option Exercise at $58.22 - $58.22 per share. $233,000
25-Apr-07 DORMANN JUERGEN
Director
4000 Direct Sale at $99.87 - $99.87 per share. $399,000
25-Apr-07 O DONNELL DANIEL E
Officer
13200 Direct Option Exercise at $51.16 - $51.16 per share. $675,000
25-Apr-07 O DONNELL DANIEL E
Officer
13200 Direct Sale at $99.92 - $99.92 per share. $1,319,000
25-Apr-07 SANFORD LINDA S
Officer
13527 Direct Sale at $99.96 - $99.96 per share. $1,352,000
8-Mar-07 PALMISANO SAMUEL J
Officer
10753 Direct Option Exercise at $0 per share. N/A
8-Mar-07 PALMISANO SAMUEL J
Officer
4647 Direct Disposition (Non Open Market) at $93.67 - $93.67 per share. $435,000
8-Mar-07 DONOFRIO NICHOLAS M
Officer
6452 Direct Option Exercise at $0 per share. N/A
8-Mar-07 DONOFRIO NICHOLAS M
Officer
2758 Direct Disposition (Non Open Market) at $93.67 - $93.67 per share. $258,000
1-Mar-07 O DONNELL DANIEL E
Officer
4000 Direct Option Exercise at $0 per share. N/A
1-Mar-07 O DONNELL DANIEL E
Officer
1352 Direct Disposition (Non Open Market) at $90.91 - $90.91 per share. $123,000
27-Feb-07 DORMANN JUERGEN
Director
4000 Direct Option Exercise at $40.13 - $40.13 per share. $161,000
27-Feb-07 DORMANN JUERGEN
Director
4000 Direct Sale at $96 - $96 per share. $384,000
25-Feb-07 SHAUGHNESSY TIMOTHY S
Officer
216 Indirect Option Exercise at $0 per share. N/A
25-Feb-07 SHAUGHNESSY TIMOTHY S
Officer
87 Indirect Disposition (Non Open Market) at $97.93 - $97.93 per share. $8,519
25-Feb-07 MOFFAT ROBERT W JR
Officer
17241 Direct Option Exercise at $0 per share. N/A
25-Feb-07 MOFFAT ROBERT W JR
Officer
7450 Direct Disposition (Non Open Market) at $97.93 - $97.93 per share. $730,000
25-Feb-07 KELLY JOHN E III
Officer
17241 Direct Option Exercise at $0 per share. N/A
25-Feb-07 KELLY JOHN E III
Officer
7552 Direct Disposition (Non Open Market) at $97.93 - $97.93 per share. $740,000
16-Feb-07 ROMETTY VIRGINIA M
Officer
22006 Direct Option Exercise at $78.13 - $78.13 per share. $1,719,000
16-Feb-07 ROMETTY VIRGINIA M
Officer
26470 Direct Sale at $98.97 - $99.15 per share. $2,622,000
9-Feb-07 KELLY JOHN E III
Officer
11000 Direct Sale at $99.27 - $99.27 per share. $1,092,000
8-Feb-07 BLACK CATHLEEN
Director
8000 Direct Option Exercise at $40.13 - $58.22 per share. N/A
8-Feb-07 BLACK CATHLEEN
Director
8000 Direct Sale at $99.34 - $99.34 per share. $795,000
1-Feb-07 DANIELS MICHAEL E
Officer
2834 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $279,000
1-Feb-07 DANIELS MICHAEL E
Officer
8657 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 ROMETTY VIRGINIA M
Officer
2109 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $208,000
1-Feb-07 ROMETTY VIRGINIA M
Officer
6573 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 ROMETTY VIRGINIA M
Officer
8253 Direct Sale at $98.75 - $99 per share. $816,000
1-Feb-07 ZEITLER WILLIAM M
Officer
33600 Direct Option Exercise at $36.06 - $36.06 per share. $1,212,000
1-Feb-07 ZEITLER WILLIAM M
Officer
5671 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $559,000
1-Feb-07 ZEITLER WILLIAM M
Officer
13194 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 ZEITLER WILLIAM M
Officer
33600 Direct Sale at $99.08 - $99.08 per share. $3,329,000
1-Feb-07 PALMISANO SAMUEL J
Officer
23406 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $2,307,000
1-Feb-07 PALMISANO SAMUEL J
Officer
54167 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 O DONNELL DANIEL E
Officer
1025 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $101,000
1-Feb-07 O DONNELL DANIEL E
Officer
2909 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 MOFFAT ROBERT W JR
Officer
3685 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $363,000
1-Feb-07 MOFFAT ROBERT W JR
Officer
10808 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 MILLS STEVEN A
Officer
4313 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $425,000
1-Feb-07 MILLS STEVEN A
Officer
12099 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 MACDONALD J RANDALL
Officer
3828 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $377,000
1-Feb-07 MACDONALD J RANDALL
Officer
10979 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 LOUGHRIDGE MARK
Officer
3586 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $353,000
1-Feb-07 LOUGHRIDGE MARK
Officer
10444 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 KELLY JOHN E III
Officer
4060 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $400,000
1-Feb-07 KELLY JOHN E III
Officer
11514 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 IWATA JON C
Officer
2346 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $231,000
1-Feb-07 IWATA JON C
Officer
6816 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 HORN PAUL M
Officer
26954 Direct Option Exercise at $51.16 - $51.16 per share. $1,379,000
1-Feb-07 HORN PAUL M
Officer
2240 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $221,000
1-Feb-07 HORN PAUL M
Officer
5113 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 HORN PAUL M
Officer
25000 Direct Sale at $98.34 - $98.34 per share. $2,459,000
1-Feb-07 HARRELD J BRUCE
Officer
4479 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $441,000
1-Feb-07 HARRELD J BRUCE
Officer
10225 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 ELIX DOUGLAS T
Officer
5123 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $505,000
1-Feb-07 ELIX DOUGLAS T
Officer
14192 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 DONOFRIO NICHOLAS M
Officer
4343 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $428,000
1-Feb-07 DONOFRIO NICHOLAS M
Officer
12488 Direct Acquisition (Non Open Market) at $0 per share. N/A
1-Feb-07 SANFORD LINDA S
Officer
3765 Direct Disposition (Non Open Market) at $98.57 - $98.57 per share. $371,000
1-Feb-07 SANFORD LINDA S
Officer
10833 Direct Acquisition (Non Open Market) at $0 per share. N/A
31-Jan-07 PALMISANO SAMUEL J
Officer
64000 Direct Option Exercise at $51.86 - $51.86 per share. $3,319,000
31-Jan-07 PALMISANO SAMUEL J
Officer
64000 Direct Sale at $98.80 - $98.8 per share. $6,323,000
31-Jan-07 HARRELD J BRUCE
Officer
80000 Direct Option Exercise at $51.16 - $51.16 per share. $4,093,000
31-Jan-07 HARRELD J BRUCE
Officer
80000 Direct Sale at $99.05 - $99.05 per share. $7,924,000
31-Jan-07 HARRELD J BRUCE
Officer
5000 Direct Disposition (Non Open Market) at $0 per share. N/A
31-Jan-07 NOTO LUCIO A
Director
1000 Direct Option Exercise at $40.13 - $40.13 per share. $40,000
27-Nov-06 MOFFAT ROBERT W JR
Officer
4782 Direct Option Exercise at $36.06 - $51.16 per share. N/A
27-Nov-06 MOFFAT ROBERT W JR
Officer
23355 Direct Sale at $92.90 - $92.9 per share. $2,170,000
14-Nov-06 HORN PAUL M
Officer
210 Direct Disposition (Non Open Market) at $0 per share. N/A
10-Nov-06 SANFORD LINDA S
Officer
860 Direct Disposition (Non Open Market) at $0 per share. N/A
6-Nov-06 SHAUGHNESSY TIMOTHY S
Officer
651 Indirect Sale at $92.50 - $92.5 per share. $60,000
6-Nov-06 SHAUGHNESSY TIMOTHY S
Officer
1349 Direct Sale at $92.50 - $92.5 per share. $125,000
3-Nov-06 SHAUGHNESSY TIMOTHY S
Officer
3000 Indirect Option Exercise at $51.16 - $51.16 per share. $153,000
3-Nov-06 SHAUGHNESSY TIMOTHY S
Officer
14246 Direct Option Exercise at $51.16 - $51.16 per share. $729,000
3-Nov-06 SHAUGHNESSY TIMOTHY S
Officer
3000 Indirect Sale at $91.44 - $91.44 per share. $274,000
3-Nov-06 SHAUGHNESSY TIMOTHY S
Officer
17349 Direct Sale at $91.44 - $91.44 per share. $1,586,000
1-Nov-06 PALMISANO SAMUEL J
Officer
96000 Direct Option Exercise at $36.06 - $36.06 per share. $3,462,000
1-Nov-06 PALMISANO SAMUEL J
Officer
93228 Direct Sale at $91.82 - $91.82 per share. $8,560,000
1-Nov-06 LOUGHRIDGE MARK
Officer
7951 Direct Option Exercise at $51.16 - $51.16 per share. $407,000
1-Nov-06 LOUGHRIDGE MARK
Officer
7951 Direct Sale at $92.50 - $92.5 per share. $735,000
1-Nov-06 NOTO LUCIO A
Director
1000 Direct Option Exercise at $40.13 - $40.13 per share. $40,000
27-Oct-06 MACDONALD J RANDALL
Officer
38920 Direct Option Exercise at $78.13 - $78.13 per share. $3,041,000
27-Oct-06 MACDONALD J RANDALL
Officer
38920 Direct Sale at $91.36 - $91.36 per share. $3,556,000
24-Oct-06 ZEITLER WILLIAM M
Officer
850 Direct Disposition (Non Open Market) at $0 per share. N/A
23-Oct-06 O DONNELL DANIEL E
Officer
3262 Direct Sale at $91.10 - $91.32 per share. $298,000
23-Oct-06 HORN PAUL M
Officer
19000 Direct Option Exercise at $36.06 - $36.06 per share. $685,000
23-Oct-06 HORN PAUL M
Officer
19000 Direct Sale at $91.45 - $91.45 per share. $1,738,000
20-Oct-06 KELLY JOHN E III
Officer
10000 Direct Sale at $89.95 - $89.95 per share. $900,000
20-Oct-06 KELLY JOHN E III
Officer
1000 Direct Disposition (Non Open Market) at $0 per share. N/A
20-Oct-06 IWATA JON C
Officer
33228 Direct Option Exercise at $36.06 - $36.06 per share. $1,198,000
20-Oct-06 IWATA JON C
Officer
33228 Direct Sale at $90.43 - $90.43 per share. $3,005,000
20-Oct-06 O DONNELL DANIEL E
Officer
6186 Direct Option Exercise at $36.06 - $36.06 per share. $223,000
20-Oct-06 O DONNELL DANIEL E
Officer
6186 Direct Sale at $90.65 - $90.65 per share. $561,000
19-Oct-06 MILLS STEVEN A
Officer
43535 Direct Option Exercise at $51.16 - $51.16 per share. $2,227,000
19-Oct-06 MILLS STEVEN A
Officer
43046 Direct Sale at $90.27 - $90.27 per share. $3,886,000
28-Aug-06 DONOFRIO NICHOLAS M
Officer
197228 Direct Sale at $80 - $80 per share. $15,778,000
28-Aug-06 DONOFRIO NICHOLAS M
Officer
197228 Direct Option Exercise at $36.06 - $36.06 per share. $7,112,000
23-Aug-06 MILLS STEVEN A
Officer
50 Direct Disposition (Non Open Market) at $0 per share. N/A
22-Aug-06 MILLS STEVEN A
Officer
500 Direct Disposition (Non Open Market) at $0 per share. N/A
21-Aug-06 ROMETTY VIRGINIA M
Officer
168 Direct Disposition (Non Open Market) at $0 per share. N/A
17-Aug-06 O DONNELL DANIEL E
Officer
6000 Direct Sale at $79.07 - $79.07 per share. $474,000
17-Aug-06 O DONNELL DANIEL E
Officer
6000 Direct Option Exercise at $36.06 - $36.06 per share. $216,000
14-Aug-06 IWATA JON C
Officer
200 Direct Disposition (Non Open Market) at $0 per share. N/A
25-Jul-06 HORN PAUL M
Officer
6459 Direct Sale at $75.73 - $75.77 per share. $489,000
24-Jul-06 NOTO LUCIO A
Director
1000 Direct Option Exercise at $40.13 - $40.13 per share. $40,000
  • Associated Press, courtesy of Forbes: Vermont says IBM plant to lay off 180 workers. State officials say they're being told the IBM plant in Essex Junction is laying off 180 people. Vermont Agency of Commerce and Community Development officials say they're being told by the company that 110 regular positions are being eliminated along with 70 long-term supplemental positions. ...

    The IBM Microelectronic Plant in Essex Junctions was once the state's largest private employer. At its peak in 2001, Vermont's IBM plant employed more than 8,000 people. IBM now employs about 5,500 people in Vermont.

  • Burlington Free-Press: Big Blue lays off 180. By Dan McClean. Excerpt: Company spokesman Jeff Couture said employees were being told this morning of the layoffs, which included 110 regular positions and 70 long-term supplemental employees. Couture said no other positions will be affected, either through wage reductions or benefit reductions. "We are addressing business needs: to re-balance skills that we have and to reduce costs, to improve efficiency and to respond to the evolving market conditions," Couture said. Couture said the layoffs will affect "a range of positions" all involving the microelectronics area, with the majority related to manufacturing, but not all.
  • The Register: North Carolina will pay IBM $750,000 for 10 jobs. Great BBQ and strip clubs for execs too. By Ashlee Vance. Excerpts: North Carolina will do just about anything to keep technology companies happy, including offering IBM up to $750,000 to bring just 10 jobs to the state. IBM has revealed plans to construct a $362m so-called "leadership data center" in either North Carolina, New York or Colorado. Hoping to secure this center, Durham County officials in North Carolina have just committed to a seven-year, $750,000 incentive package for IBM. That's just chump change in the big scheme of things, but we're sure IBM appreciates the effort.

    You might think a $362m data plant would provide a lot of work for locals. But that's not the case. IBM thinks the new facility will only require about 10 staff. ...

    Anyway, the Durham folks justify the IBM package by saying that 1,000 or so executives will visit the new data center every year and spend money at hotels, restaurants, bars and strip clubs. "Over five years, the data center would generate $4.4 million in visitor spending, which in turn would translate into $150,000 in local tax money, Shelley Green of the Durham Convention and Visitors Bureau said," reports local paper The Herald-Sun. IBM may want to hold out and see what New York has to offer for the sake of its executives. After all, the food and strip clubs are quite a bit better up North.

  • Poughkeepsie Journal: Big Blue seeking millions in aid. Local leaders: Jobs should be a factor. By Joseph Spector. Excerpts: State officials and IBM Corp. are working on a deal to invest $90 million in state aid to spur more than $2 billion in private-sector investment over five years at IBM facilities in East Fishkill and Albany. The goal, according to state officials, would be to retain and expand high-tech jobs at the East Fishkill semiconductor facility and to boost IBM's presence at the College of Nanoscale Science and Engineering of the University at Albany. ...

    Saland confirmed any deal should include a commitment from IBM to retain jobs at the East Fishkill semiconductor plant, which together with the Poughkeepsie facility employs more than 11,000 people. "I know job retention is critically important," Saland said. "If and when the deal is done, that will be an element of it."

    The following are selected reader comments posted by Poughkeepsie Journal readers:

    • I'm not sure IBM really cares too much about their employees or the towns they operate in. The company is simply concerned with making money. IBM and the state will be announcing a deal this coming week (I'm guessing Tuesday). It will more than likely involve a 1/2 baked plan to jettison their chip business and create a wholly owned company in partnership with a faltering chip company like AMD. It's become IBM's way of dumping their bad business. This will allow IBM to wash their hands of their failing chip business and distance themselves from the environmental issues they have in Fishkill. The $2B in private sector investment will be contingent on the success of the new company. I doubt we'll ever see it. The East Fishkill facility has never been fully utilized and a company like AMD is a financial train wreck. Very sad day for the people involved. :-(
    • If I weren't an IBM employee and seen first-hand how dishonorable they are, I wouldn't believe this. How IBM can dare to ask for taxpayer money after what they've done to their US employees redefines "chutzpah". The mind reels. A small example from this past week: many, if not most, employees--including top performers-- received no raises, with the excuse that "this is the worst year ever." That's a bald-faced lie. If record profits and Sam's $30M salary qualify as the "worst year ever", then words have no meaning. This insult is the latest in a long line of insults designed to entice employees to quit. IBM should not receive ONE DIME of taxpayer money. You can't swing a dead cat at IBM without hitting someone who is thoroughly disgusted at what this company has become. Anyone who insists that IBM is honest about keeping jobs here is either hopelessly naive or getting their pockets lined, or both. For two cents they'd sell us all up the river. What a disgrace.

  • Union Network International (UNI): Union recognition rejected by IBM management Turkey. Excerpts: The management of IBM Turkey has rejected the application for recognition by TezKoop-IS, a trade union representing the employees of IBM. The union claims to have organised over 80% of the workforce at IBM Turkey. The Turkish Minister of Labour has confirmed that trade union membership is well beyond the required 50% and has informed IBM management that they have to recognise TezKoop-IS and start collective bargaining with the union.

    Yet, IBM management challenged the numbers and refused recognition straight away.

  • turn.Internet: IBM Turkey Workers Has Unionized Claiming They Haven’t Received Any Rise in Salaries for 5 Years. Excerpt: While IBM has announced that they are continuing their success with pointing out that their “RoadRunner” PC is the number 1 in super PC category in the Top 500 list, IBM Turkey employees are not pleased with their company. It is reported that 258 IBM workers has unionized claiming that they haven’t received any rise in the salaries for 5 years. Ministry of Labor and Social Security approval report, with the number of unionized workers is 209. Actually, similar problems are sounding not only in Turkey but also in some other countries. IBM Italy workers, for example, had a virtual protest meeting on the Second Life platform in September 2007.
  • China.org.cn: IBM found guilty of job discrimination in Shanghai. Excerpt: A labor arbitrator in Shanghai has ordered global computer giant IBM to pay 57,000 yuan ($8,300) in compensation to an employee who was fired earlier this year, after being diagnosed as suffering from depression. The labor dispute arbitration committee of Pudong New Area on Wednesday also ordered the US firm to reactivate its five-year labor contract with Yuan Yipeng, who in January attempted suicide due to his mental state.
  • Yahoo! IBM Employee Issues message board: "Raises" by "sby_willie". Full excerpt: Any constructive talk about the paltry raises IBM has been giving out this month? Or is everyone numb in shock? I for one asked HR why the raise announcements were being delayed and I got a response that signalled me in early June that the raises would have to be poor since the response I got was not believable. I told them it was unacceptable to delay the announcement and also delay the raises upwards to two weeks even with a retroactive action. (Who got to play with the 2 weeks' raise money buckets and interest?)

    It also showed that IBM wanted to close and dust 2nd QTR first before announcing gloomy raise news to the resources. But gloomy news should have been foreseen already once the I/T Specialists and System Admins in 06A got clobbered with a -15% base pay cut. One could only conclude that the raises would stink since the same IBM comment on it "...we (IBM) have to do this pay remix to remain competitive..." also actually applies to these recent raises as well.

    IBM says they pay based on performance but how come some PBC "1" performers got no raise? How come PBC "2+" in skilled areas got little or also no raise? And how come no MBA's for skill groups that have many well below their market base reference midpoint pay for PBC "2+" appraisals for many, many, consecutive years?

    2007 was supposedly a banner year for profits and revenues in IBM. The executives did well and judging from their insider trades are still doing quite well for themselves.

    So all those profits went to stock buybacks for the executives to enjoy and none was put into the raise buckets for employees. So even if IBM has a bad QTR going forward the rainy day for the executive is but a drizzle and not a drencher like it will be for the IBM resource (we used to be called an employee).

    So what is next in 2009? Either no raises at all, less bonus pay if any at all, or more folks being added to the 7600 pay cut folks?

    I say we do our best now to work toward getting IBM to the table with a collective bargaining agreement since we have to hold them to a written contract since they don't make any positive promises to us anymore and whatever ones they made in the past they seem free to break. If IBM had a great 2007 then our raises should reflect it with at least an average raise at the rate of inflation!!! If 2008 is also stellar then we should also see better raises as well.

  • InvestmentNews: Senior class: a retirement income solution. By Evan Cooper. Excerpts: The core problem facing baby boomers and their advisers is how to stretch often meager nest eggs over two or three decades. Unfortunately, no matter how brilliant the financial advice or how creative mutual fund companies and insurers will be in creating new products, there is just no getting around the fact that savings of $100,000 or $200,000, or even $1 million, are inadequate to provide decades-long income at levels comparable with those of one’s working years.

    The only way out of the box is for boomers to delay retirement and work a few years longer — to, say, 68 or 70. This will be difficult for many reasons, not the least of which is the cultural shift that has led many people in their late 50s to believe they deserve to spend the rest of their years living in leisure.

    The other big obstacle to working longer is that employers do not actively seek to hire people 50 or older. Sure, the law prohibits age discrimination, but let’s get real. Employers want to hire workers as cheaply as possible, and older workers are more expensive. First off, they are more experienced, so they tend to demand more in the way of salary. But they also tend to use more medical care, which increases employers’ insurance costs.

  • New York Times: For a Good Retirement, Find Work. Good Luck. By Steve Lohr. Excerpts: Bill Neugent, an engineer in McLean, Va., is doing his bit to ease the looming generational financial squeeze as the nation’s 75 million baby boomers begin to retire. He’s working longer. Mr. Neugent, 62, plans to work full time until he is 65 and then part time for the Mitre Corporation, a federal research contractor that encourages older workers to stay on. ...

    The biggest obstacle, experts say, is that most companies are reluctant to retain or hire older workers. At the top of the corporate ladder, executive recruiters are routinely told not to seek anyone over 50, notes Peter Cappelli, director of the Center for Human Resources at the University of Pennsylvania’s Wharton School.

    Similar sentiments, Mr. Cappelli said, can be found across the job spectrum. He points to a batch of evidence. In one survey, one-fourth of companies said they were not inclined to hire older workers. In a research experiment a few years ago, thousands of made-up resumes were sent to employers; younger workers who had the same qualifications as older workers were more than 40 percent more likely to be called in for an interview than someone 50 or older. In an industry survey, a majority of technology companies candidly said they would not hire anyone over 40.

    “The issue of older workers is similar in many ways to the arguments surrounding discrimination against blacks and women in the ’60s,” Mr. Cappelli said. At the time, he noted, it was widely said that the “market will take care of it,” since self-interested companies would want to tap a wider pool of workers with varied skills. But ultimately it took anti-discrimination laws and changes in social attitudes to improve job opportunities for women and minorities.

  • Wall Street Journal: Unsteady Economy Prompts 401(k) Strategy Shifts. By Jillian Mincer. Excerpt: The unsteady economy is altering people's attitudes toward retirement savings. Some are trimming back their 401(k) contributions as prices for daily staples like food and energy creep higher. Others are boosting savings to better prepare for what could be a costlier retirement. Not all retirement-savings plans have seen the strategy shift. But a number of retirement-plan providers have noticed the change, which follows an uptick in the past year in the amount of money being borrowed against 401(k)s.
  • Associated Press, courtesy of the International Herald-Tribune: Continental Airlines, shedding jobs, offers health benefits to workers who leave. Excerpt: Continental Airlines Inc., which is shedding 3,000 jobs in a cost-cutting move, is offering employees a year's worth of health insurance and travel perks if they leave on their own. The pilots' union is pushing for job-sharing and other measures that would reduce the need for layoffs, a union official said Friday.
  • Seattle Post-Intelligencer: Boeing alters retirement plan for new employees. Changes will apply only to nonunion hires. Excerpts: The Boeing Co. said it's changing its retirement program for new, nonunion workers, replacing its traditional pension plan with one that's similar to a 401(k) plan. The new program, to be introduced Jan. 1, includes an automatic company contribution as well as a match for funds put in by employees, Chicago-based Boeing said Tuesday in a prepared statement. The change won't affect the more than 525,000 current or former employees or retirees who participate in the company's existing savings and pension plans, Boeing said.
News and Opinion Concerning Health Savings Accounts, Medical Costs and Health Care Reform
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  • California HealthLine: State HMOs Spend $6B on Costs Unrelated to Health Care. Excerpt: California HMOs spent $6 billion on administrative costs in 2007, some of which could have gone toward driving down insurance premiums or better protecting the insured, according to an annual report by the California Medical Association slated for release today, the AP/San Francisco Chronicle reports.The report, based on expenditures reported to the state Department of Managed Health Care, found the insurers made more than $4.3 billion in profits in 2007, and annual CEO salaries topped $1 million at at least five insurers in the state. Anthem Blue Cross spent 79% of its revenue on medical care, the smallest percentage among major insurers, according to the report. In a statement, Anthem said that it is a for-profit business and that it pays more in taxes than the not-for-profit HMOs included in the study.
  • New York Times: High Medicare Costs, Courtesy of Congress. By David Leonhardt. Excerpts: On Wal-Mart’s Web site, you can buy a walker for $59.92. It is called the Carex Explorer, and it’s a typical walker: a few feet high, with four metal poles extending to the ground. The Explorer is one of the walkers covered by Medicare. But Medicare and its beneficiaries aren’t paying $59.92 for the Explorer or any similar walker. In fact, they’re not paying anything close to it. They are paying about $110.

    For years, Congress has set the price for walkers and various medical equipment, and it has consistently set them well above the market rate, effectively handing out a few hundred million dollars of corporate welfare every year to the equipment makers. ...

    In the abstract, fixing the health care system sounds perfectly unobjectionable: it’s about reducing costs (and then being able to cover the uninsured) by getting rid of inefficiency and waste. In reality, though, almost every bit of waste benefits someone. Doctors who perform spinal fusion surgeries, despite decidedly mixed evidence that they’re effective, are making a nice living. Hospitals that order $1,000 diagnostic tests, even when a cheaper one would work just as well, are helping their bottom line. Medical equipment makers selling walkers for $110, while Wal-Mart sells them for $60, are fattening their profits.

    The current fight to protect those profits is a microcosm of what you can expect to see if a larger effort to rein in health costs ever gets going. The defenders of the status quo won’t say that they are protecting themselves. Instead, they’ll use the same arguments that the medical equipment makers are using — that a change will destroy jobs, bankrupt small businesses and, above all, harm patients.

New on the Alliance@IBM Site:
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  • Is IBM offshoring the IBM Payroll Help Desk to Manila, Philippines? If you have documentation please send to: Allianceibmunion@gmail.com
  • From the Job Cuts Status & Comments page
    • Comment 06/23/08: Been there done that.. You're talking about an IBM that has not existed in the USA since 2001 - 2002. IBM, as far as ITD - GS, has gutted and thinned out the resources so much that its beyond the fat, they are loping off arms at this point. We were into muscle and bone during 2005 2006. I watched as contract after contract went from judging the sla's and customer sat to using lawyers to fend off the lawsuits from missed sla's and poor performance.

      I watched a robust pipeline drain whilst hearing all types of excuses why it wasn't filling, as we watched HP and EDS take our lunch year after year.

      Its amazing about the comments regarding folks in India and China. Yes, there are some brilliant folks there. My experience has been a completely different work ethic, lack of continuity, customer dedication during a crisis is lacking. Management is only looking to exploit a cheap labor force, that's it. You read stories about how abused the ibm employees are in India and how folks are leaving in droves. Ibm is now exploiting Vietnam, because the labor is cheaper. It doesn't change. You can sugar coat it all you want, the bean counters are running the business. Ibm's rep continues to drop in value. -former ibm'er-

    • Comment 06/25/08: The Burlington plant will continue to layoff employees throughout the summer. 180 in already happened in June. I heard from a very reliable source (my former 2nd level manager) that there will be a few hundred more in July and August. Join the Alliance and lets stop this harassment of American employees. -Joe-
    • Comment 06/25/08: Well, I was RA'd from GS in May 2007. I periodically check in here just to see what shenanigans IBM is up to and, sadly, they seem to be as bad or worse as they ever were. For me, things couldn't be better after IBM...better pay, better working conditions, respect, etc. I know many people are just hanging in, waiting for that package which may never materialize, or may materialize, but may be far less than you'd hoped. My own thoughts are that I wish I had acted on my own disenchantment with IBM 5 years prior to the RA. I know damn well that I'd be farther ahead now if I hadn't clung to IBM and had actively pursued other opportunities.

      So here's what I have to say: while you remain with IBM, join the Union. I can tell you that I'm in a union position now and I work 1/2 an hour less a day, make $20K+ more, and get paid overtime at 2X. Oh, pay increments are set out in our union contract, so it's not down to the whim of IBM management. One last piece of advice: when something better or with more potential comes along, take it and don't look back. You'll more than make up the pittance IBM will throw you when you're RA'd, through improved quality of life and (most likely) improved remuneration. -You Don't Always Get What You Want...-

  • General Visitor's Comment page:
    • Comment 06/24/08: Yes, IBM had a another record profit margin with revenue up 26% As a stock holder I would be asking the question why management in East Fishkill NY is telling employees that their annual pay raise / cost of living adjustment is only 0-1 % because of poor related business profits. Managers are calling it a real slap in the face. Meanwhile a local IBM executive retires with a 11 million dollar bonus check. It appears that profits are now regulated using blood money and how many AMERICAN jobs are called surplus. -Truly Senseless-
    • Comment 06/26/08: I am about to have a birthday on June 30. This day should be a happy day for a person; but it will be my 3rd ann. away from IBM. I have read so many comments and stories on this site and I simply cannot understand how IBM has walked so far away from the path of the founders. I do not believe the company can and will see the effect of its actions until it is too late. I am sorry for those who lost 15% of their base salary. I feel for all who received a 1 or 2+ PBC rating and no raise. The message now for those still in IBM is what are you going to do about the treatment. You need to take action and form a Union to protect and restore what you have worked so hard to obtain. I am not part of Alliance because it has been a struggle for me over these 3 years. I, however, am starting to see the light at the end of the tunnel. I was not prepared for RA action. I never thought IBM would let me go after 20 years and a 2+ performer. I stronger because of the IBM's action. I only hope that each and everyone you are ready, if you do not take the action required now. STAND UP and LET YOUR VOICES BE HEARD! -RA'edonBirthday-
  • Pension Comments page
  • Raise and Salary Comments
    • Comment 06/20/08: Band Level = 8; Job Title = Advisory; Years Service = 20+; Hours/Week = 40; Div Name = STG; Location = Rochester; Message = PBC 2+, 2% raise. Heard IBM focusing on variable pay instead of raises. -Anon-
    • Comment 06/20/08: Band Level = 6; Years Service = 2; Message = Got a 4% raise, after my pbc 2. I am at +70% in my market base. Bonus last year was 5%. I guess I cant complain, but it all goes to gas prices... -Skippy-
    • Comment 06/20/08: Salary = 60000; Band Level = 7; Job Title = pm; Years Service = 12; Hours/Week = 30-40; Div Name = 7; Message = if a union is ever formed we need to hire the guy who handled the johnson city fire dept contract...he got them a 41 % increase over 5 years!!! http://www.pressconnects.com/apps/pbcs.dll/article?AID=/20080620/NEWS01/806200352&referrer=FRONTPAGECAROUSEL -shocked-
    • Comment 06/23/08: Salary = 67,075/yr; Band Level = 7; Job Title = advisory learning specialist; Years Service = 12; Hours/Week = 45; Div Name = BTO-HR; Location = teleworker; Message = I was rated a "solid" 2 (which I know from the old IBM was a 3) but told by my mgr that they submitted me as a 2+ but it was shot down. So because I am at 94% of my midpoint salary range I'm not entitled to a raise this year. And in fact was told that according to my manager's manager that even some "1's" are not getting raises. So it makes you wonder exactly who is getting the money from our stellar performances quarter after quarter!?!?!? -T
    • Comment 06/23/08: A whopping 1% for a 1. Showing myself the door. -LookingForDoor-
    • Comment 06/23/08: Salary = 52,000; Band Level = 6; Job Title = IT Specialist; Years Service = 3.5; Hours/Week = 45; Div Name = 6c; Location = Tulsa; Message = I'm worn out and no longer motivated to remain loyal to IBM. Stock is almost doubled and we had a great quarter with raised dividends yet I get no performance pay, market based adjustments do not apply to me and my promotion to band 7 was blocked despite objections from my first and second level supervisor. I'm in the market for another job unless something can change quick with IBM. From what i have read and heard, I just need a new job. -Anonymous-
    • Comment 06/23/08: I finally saw the light and joined the Alliance. I know many have said this but I am going to say it again. Join the union. It is our only hope. I am a 30 year IBMer and never was pro union before. I always loved IBM and felt valuable and respected as a person/individual and a professional. Obviously not any more. The pay cut then the no raises was the last straw. I work in GPS and over 80% of us in the U.S. did not get raises. Our managers let us down a while ago by not fighting to keep us exempt and by hiring more and more IBMers from South America and Asia. I respect them as people and as IBMers but none of them got a pay cut and all of them got increases. So much for the selling-out of America. -saw the light-
    • Comment 06/23/08: Salary = 123K; Band Level = 8; Years Service = 28; Hours/Week = 40; Message = Rated 2+;, 10% over band midpoint, got a 2% TCR raise (no MBA) and about 6% variable pay amount this year. Who needs the Alliance? -Old IBMer-
    • Comment 06/24/08: Salary = 104,000; Band Level = 8; Job Title = The dreaded I/T Specialist; Years Service = 21; Hours/Week = 45; Div Name = 16; Location = Washington DC Message = 0% raise. No MBA for I/T Specialists. I'm taking the first bus outta here. There's no hope for IBM. -marbles-
    • Comment 06/24/08: Job Title = IT Specialist; Years Service = 20; Hours/Week = 48.5; Div Name = 6C; Message = Is it true that employees in the IT Specialist job family received no raises? I was rated at 2+ and received no raise. I'm on a dead end project with the business manager running the show with no idea how to run a development project (I have spoon fed this person and the SPM has no backbone - worthless).
    • Comment 06/24/08: Location = IBM Japan; Message = Reliable source says that "without exception" everyone rated either 3 or 4 at IBM Japan is getting a 5-10 percent pay cut. I have at least one confirmed data point for this. Rumour has it that salary can even be reduced below the "minimum pay" for the band. Huh?!?!? -Amazed-
    • Comment 06/24/08: Band Level = 08; Job Title = I/T Specialist (but not job family 06A); Years Service = too many; Hours/Week = depends on mood or when spirit moves me; Div Name = 1K; Message = 2+ PBC, 1.75% TCR, 0% MBA despite being 25% or so below supposedly the band midpoint (I think it's more than that). WORST raise I ever got (when I did get a raise that is). We keep hearing from the Armonk spin morons that we had record profits and solid revenue growth last year and a great 1st QTR 2008. I'm TIRED of those line or business scorecard pep talk memos after every qtr. how we are doing and how we gotta make 2008 the best year for IBM ever. Cheap bastards running the three ring circus acts in IBM now! Organize now folks. It's your only fading hope now. GO Alliance! -anonymous-
    • Comment 06/24/08: -Old IBMer: Your days are very much numbered in IBM now, I'm afraid. Sincerely hope you can survive longer but the odds are stacked against you tremendously. Band 08's making 120K+ are gonna be cut since you make way too much by IBM standards. I guess you slipped through the LEAN initiative actions so far. Consider yourself VERY LUCKY to get a 2% TCR raise. It might very well be your last. Market based adjustment (MBA) is only for those folks paid way, way, way below band midpoint like band 8's being paid in the 70'sK and 80'sK range if the job family is determined to be able to get an MBA. I haven't heard of many MBA's given out so far. Maybe 2nd and 3rd line managers and higher got one! Who needs the Alliance? You do now! Or let LEAN find you and you'll be history in IBM. -IBM LEAN person-
    • Comment 06/24/08: Band Level = 8; Job Title = The dreaded "I/T Specialist"; Years Service = 11; Message = I got 2.5% being a 2+ there was no MBA funding so that is all TCR. 8539 is the midpoint monthly salary according to the paper I was given, I'm 21% into my band range with my increase. You would think that someone rated consistently above average (2+) would be doing better than way below the midpoint, but I know there are much worse stories than mine out there. My advice to everyone is to do what you feel is right for you. -Losing Ground-
    • Comment 06/24/08: to saw_the_light: First, there is no union to join, just an effort to get one started. Second, your manager has about .001% more authority than you do. They're more of supervisors these days. They really have no say in anything. The can't MAKE anybody keep you exempt, and their opinion about it to those who can make a difference pulls about as much weight as your opinion does. A first line manager fighting for employee rights is just useless in IBM - it simply doesn't matter. And when first line managers start siding with grunt employees over corporate direction, they're moved up on the RA list, too. The first line manager's role is to be the messenger of the moronic decisions and directives from the VPs. The managers probably have one of the toughest jobs lately (since its [lack of] raise time. They're given a $5 bill and told to divvy it up against their top performers, and probably told "if you have too many 1s or 2+s, pick names out of a hat - the first X number of people you draw get a raise". It's really sad, but don't rip on your manager when he/she can't do anything. -wake_up-
    • Comment 06/24/08: 2+ Performer 0% Raise -- Again! I'm tired of training my GL replacement. I'm giving up and giving myself a raise in sick days. My global counterpart will be clueless trying to close the quarter. -anon-
    • Comment 06/24/08: Salary = 67680 Band Level = 6 Years Service = 2 Location = Essex Junction - Regional Market Message = Salary 103% of market value. Yearly market range 43,000 - 87,420. Regional market. No Raise. You do the math.... -Facts-
    • Comment 06/24/08: (( 200 career beheadings today. Churn that work force baby. Fire 'em in Burlington, hire 'em in Bangalore. In all sincerity, I wish the best of luck to the families and communities of those affected. )) IBM Corp. cut about 200 jobs in its Microelectronics Division today, most of them at its Burlington, Vt., semiconductor plant, the company confirmed.
    • Comment 06/24/08: Salary = 68000 with Overtime; Band Level = 4; Job Title = SSR; Years Service = 16; Hours/Week = 40 to 50 +; Div Name = 48; Location = South; Message = Rated 2 + 3.5% raise -BlueandBeatenUp-
    • Comment 06/25/08: Salary = 140000; Band Level = 8; Years Service = 2; Hours/Week = 45; Div Name = 05; Message = PBC 2+; 3% raise, low comparing to other major competitors, even the industry standard. -IBMer-
    • Comment 06/25/08: Salary = 120000; Band Level = 8; Job Title = IT Specialist; Years Service = 12; Hours/Week = 40; Div Name = GTS; Message = I've worked for IBM for over a decade in Asia Pacific. Almost always had rating 1's.... I've had several years where I had no raise at all. Looks like the 'no raise' policy is global this year :-( Why bother killing myself...no more. -NoRaise-
    • Comment 06/25/08: Salary = $103,000; Band Level = 8; Job Title = Advisory Engineer; Years Service = 10; Hours/Week = 40; Div Name = STG; Location = New York; Message = 2+ performer, 3.5% bonus, no raise again for the fourth time in the last five years. All of my costs are going up, gas, food, insurance, taxes, etc. but I get nothing. No raise is like a 5% pay cut with inflation where it is now. As others have pointed out, stockholders are rewarded (dividend increase and huge stock buyback), IBM has record revenues and earnings, yet employees do not share in the success. I've worked my butt off meeting deadlines the past few months. Now what is my incentive to continue to work hard if I get no reward ? I think I'll stop trying so hard - or rather, put my energy into finding another job. -unrewarded-
    • Comment 06/25/08: Salary = 113000; Band Level = 9; Job Title = Consultant/PM; Years Service = 10; Div Name = 6C; Location = US Eastern Time Zone; Message = No raise. Again. Consistent 2+ performer. Only IT Architects received raises in my department. Blue Page manager told me that 90% of their employees did not receive any raise this year. Salary was 102 vs my region average. What am I supposed to do? Take a traveling job with competitor when right now I work mainly from home? -Boo-Ya-
    • Comment 06/25/08: Salary = 115K; Band Level = 8; Job Title = Senior IT Consultant; Years Service = 2.5; Hours/Week = 50 - 60; Div Name = GTS; Location = New Jersey; Message = Prior Year PBC: 2+ Prior Year Bonus: 4% Prior Year Raise: 4% This Year PBC: 2+ This year Bonus: 4% This Year Raise: 1% Will be out of here next month: Sign on Bonus: 25K Salary: ~8% more -New Jerseyan-
  • PBC Comments
    • Comment 6/21/08: Tell me what you know about relative contribution (RC). My manager informed me that my RC is low against my peers but my work contribution is superb, and she advised me to look for other opportunities. What the #$%^@ is RC? -Anon-
    • Comment 6/23/08: RC is manager speak for kissing managements ass. Think of it as Rectal Coupling. Your lips their anus. As all your other work was undeniable, you didn't kiss enough ass. If you had you may have gotten the all elusive one rating which would not necessarily have gotten you a raise or even a bonus; but you would have felt better. Not having a contract is a great way to work isn't it? -Exodus 2007-
    • Comment 6/26/08: Concerning Relative Contribution: In February, all first lines have a "calibration session" with their 2nd Line. All employees under the 2nd Line are ranked. Your relative contribution is determined there. If your first line can't make a case for you to their peers that outweighs the manager's peer's direct reports, you will be further down the list. You may not like to hear it, but Exodus2007 is correct, with one exception. It's not just kissing your manager's butt, it's kissing her peer's butt too! -Former First Line-
  • International Comments
    • Comment 6/24/08: Country = USA; Union Affiliate = CWA 1701; Job Title = I/T Specialist; IBM Division = 1K; Message = The IBM executive bastards used IBM Ireland until China was ready for the IBM global initiatives. No doubt about it! They don't call the preferred IBM countries they offshore//move/expand business BRIC for nothing and we all know the"I" is for India and not Ireland. -Joe A Beamer-
    • Comment 06/27/08: Country = USA; Union Affiliate = CWA; Job Title = I/T Specialist; IBM Division = GBS; Message = To Amazed from Japan: In the USA I got a 15% base pay cut in February which put me about $2000 USA under the band 08 minimum for geography for I/T Specialist (about $65,000 or so, the band minimum is higher than this). I was rated a PBC 2+ too. I reckon I would be better off working in IBM Japan :) IBM can do anything it wants in the global scheme of things without a strong global union presence. -IT paycut test resource-
Vault Message Board Posts:
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Vault's IBM Business Consulting Services message board is a popular hangout for IBM BCS employees, including many employees acquired from PwC. Some sample posts follow:

  • "AVOID IBM S&C!!!" by "DNAgrrrrrl". Full excerpt: I left S&C this year... had offers to consider and finally took one. Truth is, I was so unfailing MISERABLE in S&C that I was simply going to quit outright, even if didn't have another position. To be fair, good points: you work with some very very smart people.

    Problem is, that is the oNLY positive aspect I can think of. The negatives list is long: NO training. I mean absolutely ZERO. IBM should stand for "I'm By Myself". The worst manager I have ever had - and I have been working for 20 years. Unethical behavior: routinely try to charge clients for hours not worked; routinely overwork consultants on projects (12-15 hour days but you are only allowed to charge the client 8, so even though you are working insane hours your utilization doesn't reflect this, and your management criticizes you for underbilling.

    There has been a mass exodus out of the S&C group I was in: 7 people in 2.5 months. Management is uncaring and laughably unskilled. I have even heard one executive made a homophobic remark at a business dinner... and this was AFTER I told this person my best friend is gay!!! The experience was so bad that I could not even bring myself to write anything pleasant (e.g. "nice working with you" or the like) in my letter of resignation- it was one line: "I plan to resign on _____ (date)." I celebrated the day I left. I am now making more money, with more vacation, a bigger bonus (not to mention a big sign on bonus). I figure this was God's way of making up for my abysmal experience at IBM. Do yourself and your friend a favor -- stay out of IBM consulting! It is a mess.

  • "The more they claim it's changed..." by "ancientblueconsultant". Full excerpt: ...for the better the more it appears from recent departees it's actually hasn't changed and it's getting worse. I guess you didn't get the "spirit" of modern slavery!
  • "bitter should be made of sterner stuff" by "bluejules". Full excerpt: I guess you didn't like my snide reply. Actually I'm really not all that bitter, cynical for sure, realistic - you bet. I've extracted my fair share of treasure from IBM and was always careful not to give away my life to the blue pig. Wherever you go in IBM, even the best places, the pressure will be great to give everything you have to the company. Just don't. One thing is certain, IBM will not reciprocate equally.

    As was pointed out a few threads ago, the negative sentiment is likely focused in US, and other English-speaking countries. If I lived in one of IBM's growth countries and was looking to start a career, I would take a close look at IBM. The US is not so rich with opportunities. Actually, a few threads back ABC made a list of good areas in IBM where you'll get great experience. I recommend reading that. You could also likely make a similar list of technical areas where IBM would give you great experience, but I feel those would almost all fall outside of GBS.

    Anywhere you work in the US, even the best places, you'll feel like you're working for company about to enter bankruptcy - no money for anything: training, supplies, coffee, awards, pay increases, painting the F(&#$ walls, etc. I could go on and on. That's consistent with the fact that IBM is NOT investing in the US. So go in eyes wide open. This isn't the place to get my MBA paid for by my employer.

    Read the archives to find the places to avoid. They've been pretty well described. I don't have any broad recommendations for the US such as this sector or that business. They're all equally bad with pockets of better. Is IBM better than unemployment - sure. Would I rather work at IBM over declining companies like Sprint/Nextel or Circuit City (both big IBM customers)? I think so. Would I come to IBM expecting great opportunities and big job satisfaction? Probably not.

If you hire good people and treat them well, they will try to do a good job. They will stimulate one another by their vigor and example. They will set a fast pace for themselves. Then if they are well led and occasionally inspired, if they understand what the company is trying to do and know they will share in its sucess, they will contribute in a major way. The customer will get the superior service he is looking for. The result is profit to customers, employees, and to stcckholders. —Thomas J. Watson, Jr., from A Business and Its Beliefs: The Ideas That Helped Build IBM.

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