Watching IBM

12/29/2025

https://www.theguardian.com/technology/2025/dec/28/louis-gerstner-man-credited-with-turning-around-ibm-dies-aged-83

Gerstner was chair and CEO at a time when the firm was struggling for relevance faced with rivals such as Microsoft

11/07/2025

https://www.sfchronicle.com/tech/article/ibm-bay-area-layoffs-21143886.php

IBM is cutting thousands of jobs worldwide, including 75 in San Jose, as it accelerates its shift toward AI and cloud computing.

11/06/2025

From anon:
It is important for all IBM'ers and former IBM'ers to remember and understand what happened to the company, and us.... From 2014

Forbes - Why IBM Is In Decline (excerpt)
BySteve Denning,Senior Contributor.
Published May 30, 2014

After all, IBM under Palmisano had doubled earnings per share in Roadmap 2010, and now it is “on track” to do the same by 2015 under the leadership of Ginni Rometty, another long-time IBMer, who took over as CEO in 2012. She has embraced the Roadmap with as much gusto as her predecessor.

Yet for critics of IBM like BW, “Roadmap 2015” is precisely what is killing IBM. According to BW, IBM’s soaring earnings per share and its share price are built on a foundation of declining revenues, capability-crippling offshoring, fading technical competence, sagging staff morale, debt-financed share buybacks, non-standard accounting practices, tax-reduction gadgets, a debt-equity ratio of around 174 percent, a broken business model and a flawed forward strategy.

11/06/2025

https://fortune.com/2025/11/05/ibm-ceo-arvind-krishna-promise-hire-more-gen-z-college-graduates-but-thousands-laid-off-ai-restructuring/

IBM’s CEO Arvind Krishna promised Gen Z he would hire more college grads and be the “opposite” of companies like Amazon laying off workers. Days later, he's giving thousands the pink slip.

11/04/2025

https://stlawyers.ca/blog-news/ibm-job-cuts-november-2025/

The latest information on the job cuts at the tech giant and key severance resources for non-unionized employees in Canada.

11/04/2025

https://www.slashgear.com/2016679/ibm-lays-off-8000-workers-amidst-ai-revolution-harsh-reality/

IBM is embracing the AI revolution and moving forward with its plans to modernize its workforce to the tune of 8,000 layoffs. But is this solution foolproof?

11/04/2025

Job cuts being reported today in Global Sales.

10/21/2025

https://www.wfaa.com/article/news/local/dallas-county/ibm-closing-coppell-texas-facility-laying-off-employees/287-e2edee17-6a27-4b48-aa02-87b03ed35a7d

Also: After decades at its 400-acre campus in Research Triangle Park, IBM has relocated the bulk of its local workforce.

The employees are expected to be laid off by Nov. 30, 2025, according to a letter filed with the Texas Workforce Commission.

05/23/2025

https://farmingdale-observer.com/2025/05/22/ibm-laid-off-8000-employees-to-replace-them-with-ai-but-what-they-didnt-expect-was-having-to-rehire-as-many-due-to-ai/

In 2023, IBM made its mark by announcing the redundancy of almost 8,000 employees, mainly in human resources, to automate these functions using artificial intelligence. But against all odds, this strategy led to a wave of new hires... again because of AI. AI upsets the employment balance at IBM In.....

04/24/2025

https://www.theregister.com/2025/03/27/ibm_cuts_jobs_in_us/

: Big Blue 'might as well move its headquarters' to Bengaluru since it 'no longer prioritizes' America

04/24/2025

https://www.reuters.com/business/ibm-forecasts-second-quarter-revenue-above-estimates-soothing-tariff-worries-2025-04-23/

International Business Machines said 15 of its government contracts were shelved under a cost-cutting drive by the Trump administration, a setback that eclipsed its upbeat revenue forecast and dragged its shares down over 6% after hours.

04/24/2025

https://www.thestreet.com/employment/ibm-gives-employees-a-rude-awakening-with-harsh-new-policy

The tech giant has sent a memo to employees informing them of a stark change.