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6, 2000 April, 2000

Highlights—May 10, 2014

  • Seeking Alpha:

    IBM: 3 Different Insiders Have Sold Shares During The Last 30 Days. By Markus Aarnio. Excerpt: There have been 409,240 shares sold, and there have been 1,000 shares purchased by insiders since January 2013.
  • Law 360:

    IBM Favored Young College Grads, Age Bias Suit Says. By Scott Flaherty. Excerpts: Three former International Business Machines Corp. employees lodged a putative class action in New York federal court, alleging the company had discriminated against older workers through a hiring policy that favored young college graduates in violation of the Age Discrimination in Employment Act, according to documents made public Wednesday.

    In a putative class complaint, dated April 28 but made publicly available on Wednesday, former IBM employees John McCormack, 46, Mark Lingl, 48, and Ron Shelton, 58, allege they were laid off at the same time the company was actively recruiting younger workers to fill positions for which they were qualified.

    The complaint alleges that in 2013, IBM publicized a corporate policy that targeted advertisements for job openings at young, recent college graduates.

    “Such advertisements were nationwide in scope and reflected a like policy to discriminate against older workers and to exclude them from consideration from a whole range of jobs for which many would qualify,” the complaint said.

    The suit adds that McCormack, who was laid off in December, had previously worked at an IBM facility in Hopewell Junction, New York, and spent several months prior to his layoff applying to other positions at IBM. Despite having the “qualifications and technical skills to successfully fill many of these positions,” he was not offered any of the jobs and was allegedly told by IBM supervisors that the positions were intended for younger people. ...

    The case is McCormack et al. v. IBM, case number 7:14-cv-03242, in the U.S. District Court for the Southern District of New York.

  • Poughkeepsie Journal:

    IBM's chip business: Experts speculate on rumored sale. By Craig Wolf. Excerpts: Speculation has bubbled for months about IBM Corp.'s strategy for what to do with its semiconductor business, and it simmers still.

    But there is no comment from either IBM or the company that news reports have identified as the most likely buyer, GlobalFoundries.

    It's been a month since The Wall Street Journal, citing unnamed sources, said GlobalFoundries was the leading contender to buy IBM's semiconductor manufacturing business. It's been three months since the Financial Times, also citing unnamed sources, reported that Goldman Sachs had been hired by IBM to find a deal for its chip business.

  • ValueWalk:

    Warren Buffett A “Wildcard” For IBM: Bernstein. By Michelle Jones. Excerpts: If or probably when International Business Machines Corp. starts scaling back its share buyback program, the stock could stall. However, if Warren Buffett remains a key buyer of the company’s shares, he could make up for that decline, at least for now, according to Bernstein Research analysts. ...

    The Bernstein team notes that International Business Machines Corp.’s share purchases have been helping hold its stock steady recently. The company bought back about 10% of its daily trading volume in the fourth quarter of 2013 and 14% of it in the first quarter. An additional factor the analysts believe has contributed to IBM’s stock price stability is the recent shift away from high-growth, high-valuation stocks. ...

    The Bernstein analysts do point out, however, that over the last 13 quarters, International Business Machines Corp. stock outperformed in four of the last five times when the company itself and Buffett have, together, made up at least 9% of share purchases in the quarter. On the other hand, the stock underperformed in five of the eight times when Buffett and IBM together made up 8% of less of all the purchases during the quarter.

  • LeClairRyan:

    Final Paycheck Laws – Getting It Right (Part II). By Elizabeth Acee. Excerpts: Unless you’re Donald Trump, you probably don’t like telling employees, “You’re Fired!” On the other hand, most employers do not like to hear that an employee is quitting. However, eventually the day will come when an employee leaves, and will be asking about his or her final paycheck. Many managers view the final paycheck as their last chance to get property back, or paperwork filled out. They often make this decision based on what they “feel” is fair and reasonable. Unfortunately, no matter how fair or reasonable their decision may seem, it must comply with state and federal law.
  • Glassdoor IBM reviews. Selected reviews follow:
    • “Elephant stopped dancing again”

      Anonymous Employee (Current Employee), Tampa, FL. I have been working at IBM full-time for more than 5 years.

      Pros: Research labs and the history.

      Cons: Rest...chaos, top heavy, slow to respond to market, muzzle employee, inflexible.

      Advice to Senior Management: Before you can win customers, you have to have happy, satisfied and driven employees. IBM is not seen as a family where people commit but a place where people have got lost. Company is fighting a battle of survival and EPS and in process losing employee and customer trust. Not sure how long you can survive serving stock markets.

    • “IBM Employee in Consulting Services”

      Anonymous Employee (Former Employee). Pros: Technical capabilities, strong corporate strategy, strong business process management, checks and balances. Cons: Too much protocol and rules, too much bureaucracy, ridiculous measurement system and lack of appreciation for strong talent. Advice to Senior Management: Appreciate your workforce...don't throw away all your older employees.
    • “Software Developer”

      Anonymous Employee (Current Employee). Pros: Many great operational and logistical problems to solve. You can have as much opportunity as you want to take on. There are opportunities to move up in management for those that are hungry enough and can navigate the layers of management. Cons: On the whole no one changes here. There is minimal accountability. Every one is waiting for the next layoff to determine if they are the next duck shot in the shooting gallery. Mostly good people stuck in a company/plant long past its heyday.
    • “Do not take a risk of joining this one”

      Senior Software Engineer (Former Employee), Pune (India). I worked at IBM full-time for more than a year.

      Pros: Fun activities; time pass; losing technical skills; get negative approach towards everything. Bathrooms are decorated in lights are ambient to give you feel of a pub. ROFL; Free tea and biscuits (Thank God).

      Cons: No technical upskilling; idiotic policies; hopeless projects where one will lose all technical skills and gain inanely negative attitude towards life; poor managers and their abominable skills; fights in travel cab — LOL, can't imagine waiting on road for long because moron manager n employees fighting; people management is at its worst; worst cafeteria ever imagined. I mean come on, can't we have food court for ourselves than clubbing with other orgs. Wake up. employees cant bear you with no or abject standard of food.

      Advice to Senior Management: Get life. Awake. Win new projects. Focus on technical skills upliftment than conducting idiotic meetings of senior managers which are mere a waste of time and money.

    • “Lost their soul, greedy for profits, too much of middle management swamp”

      Anonymous Employee (Former Employee), I worked at IBM full-time for more than 10 years.

      Pros: Is an important player on the IT market; front runner in globalization. Good reputation. Flexible working conditions.

      Cons: Lost moral by skipping respect for the individual (see layoffs) and for society (see tax avoidance). Trying to put processes everywhere, leading to bureaucracy and inhumanity. IBM was and is a US-based and US-culture led organization. Culture and Values seem to be lip-services (see middle management swamp).

      Advice to Senior Management: Think about long-term sustainability, not only look at linear goals like EPS growth. EPS growth as singular target is killing the company.

    • “Great Work Culture but no financial growth”

      Consultant (Current Employee), Hyderābād (India). I have been working at IBM full-time for more than 3 years. Pros: Flexible working times and work from home option. Unlimited sick leaves and opportunity to work with some great minds. Cons: You can experience no hikes for years and also promotion take for years. No support from management. Advice to Senior Management: Please consider financial growth of employees.
    • “Word of the day while subcontracting for IBM ...furlough”

      SAS Consultant (Former Employee), Richmond, VA. I worked at IBM as a contractor for more than 3 years.

      Pros: While working as a subcontractor had its advantages at times since these is no cooling off period since you work for IBM instead of the financial company directly. This allowed me to be there almost four years with no gaps.

      Cons: To increase their bottom line they would ask that you take 40 hours off UNPAID each quarter. From what I understood the contract they had with the financial company was to provide service for a set fee so even though we were not being paid they still were. We were also asked to not tell the financial company we worked for that we were required to take UNPAID time off.

      Advice to Senior Management: Stopping telling your contractors that you need to do this to continue the services while at the same time having billions in profit for the quarter.

    • “OK if you fit in”

      Anonymous Employee (Former Employee). Pros: IBM has a unique and famous culture that encourages conformity and extreme loyalty. If this is you, you'll be happy there. Otherwise, it might be uncomfortable. Cons: They use Lotus Notes for email companywide. The use of it is mandatory. Notes is about as awful as an email client gets. This requirement is a metaphor for everything else that happens here.
    • “It´s getting more difficult”

      Delivery Project Executive (Current Employee), Amsterdam (Colombia). I have been working at IBM full-time for more than 10 years. Pros: Great colleagues, lots of intellectual capital. Cons: High work pressure; low investment in people. Advice to Senior Management: Value the workforce; develop the people and do what keeps the people motivated to serve the IBM clients.
    • “Good place to learn”

      Anonymous Employee (Current Employee). I have been working at IBM full-time for more than 5 years.

      Pros: Work with a lot of smart people, most of whom are willing to share their knowledge and experience. Working at home adds nice flexibility, even if it can be isolating. The brand has great recognition and respect. There are opportunities to try new roles, though in general, roles are very narrow in scope.

      Cons: Through layoffs and attrition, the team has become very, very lean. We have "resources" available in India, Brazil and elsewhere, but they're often much less experienced than those they're replacing. With three major reorganizations in less than a year, there's a lot of confusion and churn over priorities and goals. Since most people work from home, there's a heavy reliance on conference calls, with 5-6 hours/day not unusual. Even with several consecutive years of "top performance," raises have been minimal or non-existent — never more than 2% in a year. Too much bureaucracy; it can take a long time to accomplish what should be simple tasks.

    • “IBM for over 100 years”

      Managing Consultant (Current Employee). I have been working at IBM full-time for more than 5 years. Pros: This is a continuously migrating company for over 100 years and still be one of the most innovative company in the world. Cons: Too big to be effectively managed and respond, especially in current dramatically changing days. The processes that IBM was proud of become the burden now.
    • “EPS and profits above everything else...rapidly becoming a giant mumbling rat hole”

      . Anonymous Employee (Current Employee), Fairfax, VA. I have been working at IBM full-time for more than 10 years.

      Pros: Global company with huge portfolio of advanced software and hardware products, competitive cloud platform (SoftLayer) and good (but not great) service capabilities. Vast sales and distribution network across all industries, strong ties to government institutions (in most countries), access to the largest companies across the globe. Solid (but rapidly deteriorating) technical and consulting know-how. Attempts to "move decisions closer to the clients" are laudable, but drown in the sea of incompetence.

      Cons: Mid-level management structure and their lack of skills (both technical and people-management) are absolutely atrocious. There are layers upon layers of "pointy-hair managers" — every other Dilbert cartoon seems to be inspired by IBM. 2015 EPS target drives all decision making, cost-cutting replaces innovation, and there is a shortage of ideas where the new growth should come from.

      Advice to Senior Management: Eliminate redundant management layers — not ground-level workers who do their jobs. Get real about rhetoric and make everyone "walk the walk", while getting behind the employees and focusing on client needs, not just profits and revenue disguised as "value-based pricing".

    • “Procurement Engineering - Mechanical & Electrical sub assemblies to main frame systems”

      , Procurement Professional (Former Employee), Rochester, MN. I worked at IBM full-time for more than 10 years.

      Pros: IBM pays very well and they have an average benefit program. The vacation benefit is very good. They have flexible schedules for most positions.

      Cons: IBM states that they are remaining in the hardware business. History would indicate that this is not true. Initially they sold Storage to Hitachi. Then they sold the desktop/laptop business to Lenovo. They are currently in the process of selling low-end servers to Lenovo and laying off a good portion of their mid-size mainframe server employees. Anyone accepting a job at IBM in the US hardware business should plan on a short duration at IBM.

      Advice to Senior Management: IBM was once the greatest company to work for. It has degraded over the past 30 years for employees in hardware design and manufacturing and any related teams that support hardware manufacturing. When IBM was strong they provided long-term 5-year plans to the employees a couple of times each year. The last time I saw a 5-year plan was in the mid 90's.

      There are far to many directors, vice presidents, and presidents within IBM. The corporate portion of the company has gotten greedy like many companies. The hard-working middle-class employees that have been part of the company for 20+ years are paying the price by getting laid off in a part of their life where getting another job with equivalent vacation, pay, and benefits is impossible.

      The big question is how long will IBM last once they no longer manufacture hardware?

    • “Good foundation but concerned about the future”

      Anonymous Employee (Current Employee). I have been working at IBM full-time for more than 10 years.

      Pros: There are some great people here. Large company with great history and some really great potential.

      Cons: Concerns are painfully obviously 100% about EPS and 2015 roadmap, to the detriment of employees. "Work-life balance" now called "work-life integration", which gives you an idea of how the employee is viewed. Chew 'em up and spit 'em out.

      Advice to Senior Management: Do away with "work-life 'integration'" and get back to focusing on BALANCE

    • “A duller shade of gray”

      Financial Analyst (Former Employee), Somers, NY. I worked at IBM full-time for more than a year. Pros: You will work hard and make something worthwhile. Cons: Everything is heavily distributed. From the people to the systems. Spent 95% of my time by myself without a local team. Advice to Senior Management: Consider changing the culture. There is none or lack of one. I didn't feel appealed to the company.
    • “Overworked and under paid”

      Technical Services Professional (Former Employee), Chicago, IL. I worked at IBM full-time for more than 10 years.

      Pros: There was a time of good training and team building, not anymore.

      Cons: There is no care for their people and even less care about their customers. Rather save money and drop support people hoping nothing goes wrong. This company is strictly run by Finance which is very short on strategy. no building today to use tomorrow.

      Advice to Senior Management: Forget roadmap 2015 because EPS won't keep IBM going in the long run.

    • “Pretty Standard Consulting

      ” Senior Consultant (Former Employee), Charlotte, NC. I worked at IBM full-time for more than 3 years. Pros: Travel all around the country. See different business models and industries. Cons: Utilization does not take into account vacation so you are actually penalized for using vacation. Advice to Senior Management: Pay your people in line with other management consulting companies.
    • “An interesting ride ...”

      Senior Manager (Former Employee). I worked at IBM full-time for more than 5 years.

      Pros: Salary compensation was reasonable and similar to other area positions. People are generally very helpful when working across the more global organization. IBM has the technology and resources to pull-off major engagement opportunities and also to bring numerous products into an integrated solution.

      Cons: The bureaucracy is absolutely terrible along with the ridiculous expense controls. If my project team needs a simple tool or immediate need replacement part, it should not take two months of procurement hell. I should be able to go down to Fry's and get the immediate need part. Talk about lack of empowerment. Jobs continue to get off-shored.

    • “Vast Skills and Expertise but Difficulty in Execution”

      Manager (Former Employee). I worked at IBM full-time for more than 10 years.

      Pros: Acts with integrity. Employs great people. Depth of expertise and innovation (leader in patents for many years).

      Cons: Extreme emphasis on process and approvals stifles creativity and risk taking. Short-term focus on earnings per share trumps long-term view and treating employees well. Difficulty in growing revenue. Low employee morale and loyalty.

      Advice to Senior Management: Empower employees to make decisions. Grow revenue. Reward people for their contributions. Adopt a long-term focus that balances business results and employee satisfaction.

    • “Experience at IBM”

      Human Resources Analyst (Current Employee), Armonk, NY. I have been working at IBM full-time for more than a year. Pros: Very invested in each of their employees in terms of coaching and career advancement. Cons: Need to be more open to sponsorship.
    • “Misleading 'strategy consulting' business”

      Senior Consultant (Former Employee). Pros: Great career opportunities due to the size and reputation of IBM. Cons: Over promising clients that you'll deliver huge projects with half the staff in half the time in order to save money and win the bid. Advice to Senior Management: If you are going to make huge promises to clients, be willing to get in the trenches with the consultants to get it done.
    • “Not bad”

      Staff Software Engineer (Current Employee), San Jose, CA. I have been working at IBM full-time for more than 8 years. Pros: Honest work for honest pay. Cons: Hard to be important in such a big company. Advice to Senior Management: Probably impractical to hire creative minds in Silicon Valley, because there are so many other places that can offer local, rather than national, compensation. This is a shame because IBM played a major role in this area being such an innovation center. I think it is still true at the research level (Almaden) but I do not qualify for that.
    • “Lots of opportunities if you can stand the bureaucracy”

      , FLM (Former Employee). I worked at IBM full-time for more than 5 years.

      Pros: If you are looking for a lifetime career you can very well find it IBM. Benefits are good; pay is fair. It is the rare individual who will "kill it" from a salary standpoint, unless you time it right in sales, or are a GBS Partner. If you enjoy process overkill with minimal oversight and direction, freedom to shape your role and the opportunity to be involved in a massive team matrix style of management, IBM is an interesting place.

      Cons: Surprising the number of "lifers" that are employed/in hiding at this company, many without any experience outside of IBM. IBM may pride itself on the number of acquisitions and the numbers of "new" IBMers in the ranks, but those folks quickly figure out the stifling environment and bloated layers of management within the company and realize if they want to do anything innovative they seek roles elsewhere.

      Advice to Senior Management: Trim 100,000 employees, delayer management, find a stronger CEO with some direction.

    • “This place blows”

      Anonymous Employee (Current Employee). Pros: It's a paycheck, nothing more. Cons: Managers managing managers; have no clue what's going on in the trenches. Advice to Senior Management: Take 'the honorable way out'.
    • “Job is perfect, but salary is way too low. No increment.”

      Technical Support Specialist (Current Employee). Bangalore (India). I have been working at IBM full-time for more than a year. Pros: The work culture is excellent. Cons: Salaries. Employee benefits. Not even providing cab facilities for 24/7 employees. Advice to Senior Management: Please consider employee benefits! Employees who stand out as individual contributors are not even recognized and no proper hike to retain them
  • Glassdoor IBM Canada reviews
  • Alliance for Retired Americans Friday Alert. This week's topics include:
    • Aging Baby Boomers Expected to Almost Double Nation’s Senior Population
    • Age Divide among Voters is Especially Pronounced in North Carolina
    • Letter to U.S. Trade Representative Voices Concerns over Trans-Pacific Partnership
    • Hospital Readmission is more likely if Patient is Unmarried, from High–Poverty Area
    • Deciding When to Take Social Security Benefits? Attend a NASI Webinar on May 14th
    • The Alliance Remembers Joyce Hermanstorfer
    • Victorious Kentucky Derby Trainer, 77, is Oldest Winner Ever
New on the Alliance@IBM Site

Job Cut Reports

  • Comment 05/04/14

    : If you were 39 at the end of June, 1999 then you do not get the FHA money unless you are 55 with at least 15 years of service. Check Fidelity for effective/availability date of the account. I would have left two years ago if it was based on 30 years. I was one of those 'distracted' phrase appraisals so even if I wanted to the Transition to Retirement (T2R) I cannot. But only IBM would offer a chance to work 'less' hours for their most 'valuable' if they promise to leave in 18 months. Must be their method to avoid severance to a large group. Resource actions are normal seasonal events. Idiot company. -NotReallyTrue-
  • Comment 05/05/14:

    Ginny- take T2R! You'll be 57 this year and have more than five years with IBM! It's the ONLY way you will be around 18 months from now! -ilol@t2r-
  • Comment 05/05/14:

    I was RA'd in September 2013 after 29 years 5 months. I took the 'bridge to retirement' which resulted in an effective retirement date of 4/30/2014. I turned 50 in March. I see conflicting data regarding the FHA. Do I qualify or not? Besides the kick in the *ss I got out the door, do I qualify for the retirement gift at this point? The ESC had to look into this, and haven't gotten back to me yet. Just wondering if there is something I need to do at this point to push things along. -confused in POK-
  • Comment 05/05/14:

    I'm been at IBM 30 years as a non-exempt and am very close to retirement. I will not take the T2R; people in the "outside" world this our retirement amount is like a teacher's package...not. We get about 30% of that salary...yes I am grateful but hope to stay longer (unfortunately). For as many years as I can remember I have put in extra hours at work due to projects or "emergencies" that if I had left work would have looked VERY bad for my performance review. In probably 60% of the instances, I was told "just take the time off"...managers play "this game" we all know it....so many times I wanted to tell state government...but even more times I had hoped for a union because I'm afraid I'd be targeted to be laid off if I didn't play this game! -closeout not out-
  • Comment 05/05/14:

    To -Exodus2007- If someone was not 40 on 7/1/1999 they needed to reach 55 to get FHA, regardless of years of service. I had 31+ years when I got RA'd last summer but I was not 55 and I lost my FHA, which was close to $35K. I got $100 of that back when I got my retirement gift. LOL. -no_respect_for_the_individual-
  • Comment 05/05/14:

    The full eligibility requirements for FHA are listed in section 1.4.4 of the "About Your Benefits — Future Health Account" Document number USHR 117 on the NetBenefits, Reference Library page. You do not need to be 55 if you meet the age 40 on 7/1/1999 with one year of service age requirement and have 30 years or more of service. -Bill-
  • Comment 05/06/14:

    I took the T2R 2012 package. Once I was on my T2R schedule, I declined meeting invites that were outside my work hours. My schedule was four 6-hour days and I was done by 1:00 pm. I made a priority list of everything I was doing prior to T2R. I made it clear to my management that I was not able to do all this work in 24 hours per week and they needed to abide by the commitment they made to me. Their choice was to either re-allocate the lower priority work or decide that maybe what they wanted me to do really wasn't all that important and no one should do it. It took about a month to get everyone "trained". So, if you are considering T2R know that it is your responsibility to enforce your schedule. BTW, I was a FLM and I regularly donated (and still do) to this site because I believe that a unionized workforce benefits everyone. This was the only place to get the real info. So, give up a week of Starbucks and send that money to support this site instead. -T2Rworkedforme-
  • Comment 05/06/14:

    I think as far as IBM as an employer goes, we are beating a dead horse. As for IBM, their 2015 plan basically has been to Photoshop photos of horse, bet all raises for employees, all profit sharing. All executives are in a money grab. In horse race scenario, every quarter they lose the race. Their solution originally was to cut the fat. They cut fat and lost race, so they cut muscle, and now they are cutting bone.

    None of the executives seem to realize that they are basically "selling the truck for gas money." They themselves are deliberately setting it up so they can take their share and get the golden shower; I mean parachute. At some point in future this 5 year plan will be identified, but only after execs have left with a robber barren worth of share. And, they all know that and someone will be put in place to rebuild Humpty Dumpty. The current execs are only looking to how much can they get before Humpty falls from the wall -Itsart-

  • Comment 05/07/14:

    Was told we need to stretch utilization to 128%. I was told to increase my CLAIM hours to 53 per week until EOQ. Also, either skip vacation, or CLAIM it regardless of planned vacation. Note that I am on the IBM Account in GBS, but still, the unethical, deceptive, financial engineering continues. The question is why this CLAIM increase benefits IBM's quarterly results when it is blue money? -Anon-
  • Comment 05/07/14:

    I took T2R in 2012. I never worked one second past the 24 hours agreed upon. My manager was actually the one that told me I should never even consider doing more than 24 hours. I worked Wed - Fri and turned my computer off all other hours regardless of what was going on. It is each person's own personal decision on what is best for them but if you are planning on retiring anyway and want a part time job, you should consider it. -longtimebeemer-
  • Comment 05/07/14:

    ~screwed~ I got you beat in the screwed department. On 7/1/99, I had 19 3/4 years with the company and was 39 3/4 years old. Actually, 1 month shy of turning 40. So after 31 years I retired voluntarily with the cash plan, and had to battle with IBM for 6 months to get my 401K match back. I never received 3 patent awards I was supposed to get as a retiree, even after signing a lot of patent documents after I retired. But I got that $100 goldish watch. I'm so glad to now be working for a great company that truly values it's employees. -GoneIn2013-
  • Comment 05/08/14:

    IBM reminds me of 3rd world dictatorship:
    • Corrupt leaders looting and hoarding wealth for themselves at the expense of the common people.
    • Common people suffering and being abused and taken advantage of.
    • Corrupt and rigged judicial process/system. Monkey courts absent of any justice. (Hint: PBC appeals process)
    • You could be charged and convicted without due process—given bad PBC rating and subsequently RAed or fired.
  • I personally know of organizations that are about near ridding themselves of all IBM software and hardware. They are sick of its sales people and its products and high fees and its poor standing in the court of public opinion. -ANONYMOUS-

  • Comment 05/08/14:

    @T2Rworkedforme - thank you for posting about your experience. Re getting ahead of delegating work to others — it would help if they gave us more than two weeks of lead time on the announcement — i.e. I will not have a definite "accepted" for T2R until June 16, then will tell my team that I'm PT as of July 1. In my present job, that is quite doable — for others, a month of lead time would probably be useful. But I am looking forward to that acceptance email! Thanks again for posting about your positive experience and your suggestions on how to make T2R work. -15yrsandcounting-
  • Comment 05/08/14:

    I heard from a 2nd line today that just before and during Impact, execs in SWG sales passed the word that cuts would have to be made, and anyone that is not making their numbers should be fired immediately. There was some pushback from managers, who wanted a chance to be able to lobby for anyone that had extenuating circumstances, so there is a reprieve/delay. The message was that results at the corporate level cannot sustain the current headcounts, which must be cut.

    Also, the GDP bonus that Ginny said the PBC 1 folks would get was converted into an outstanding contributor award by payroll (probably for some tax benefit or so they don't have to 401k match as I think someone said), which then eliminated anyone on commission from receiving the award, so there you have a brand new batch of top contributors (PBC 1) who are highly motivated to leave and work for the competition. -ShipGoingDown-

  • Comment 05/08/14:

    Re: CLAIM. If you are asked to put information into the system that is not reflecting your true working hours, you need to ask your manager if they are asking you to falsify company records. That will usually get them to back off, but it will also ensure that the target is on your back. -Stepping Stone-
  • Comment 05/08/14:

    -Screwed- 40 years old the cutoff. Why? So IBM can avoid age discrimination implications. Of course it was discrimination. Ask respected actuary Andy Lang. He'll tell ya. I suggest the take into account age and years of service like if you are 39 years old with 16 years old you are treated like the 40 year old with 15 years of service. And the extreme case of having 21 years of IBM employment and being 38+ years old. IBM HR told me "...gee, well maybe it was considered, but what is done is now done...move on" and I said "yeah, like spilt milk! -sby_willie-
  • Comment 05/08/14:

    To -Anon- who was asked to reach 128% utilization (53 hours per week, even if on vacation) in IBM Global Business Services "on the IBM account" and said: "The question is why this CLAIM increase benefits IBM's quarterly results when it is blue money?"

    The answer is it won't increase IBM's overall quarterly results, yet it will pad GBS's pockets. Your management team in GBS on the IBM internal account have their own internal billing targets that they are supposed to meet. So they are willing to have GBS employees submit falsified CLAIMs (reporting and billing time NOT worked on internal projects as if it was). This falsified reporting won't impact IBM's overall bottom line; however, it does negatively impact the IBM divisions being falsely "billed" while padding GBS' pockets since internal funds will flow from these divisions to GBS. When these managers/execs get promoted it will be further evidence that IBM's own internal measurement systems foster and reward unethical behavior. -RAd in 2009-

  • Comment 05/09/14:

    About the situation where an IBM Global Account employee ("anon") was being told to show higher 128% utilization. I hope you guys are not naive enough to believe that a manager would have ever told him in writing that he has to knowingly submit inaccurate claims. No manager would have told him that he can take a vacation day and still claim that as working day. All the employee was told was that he needs to up his utilization to 128% and he needs to do whatever he can to get there. If that means working during a planned vacation day, so be it. -Unioneer-

IBM Retiree Issues Comments

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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