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Highlights—November 22, 2014

  • Forbes:

    Death Of The (IBM) Salesman. By Robert X. Cringely. Excerpts: We look at companies in quantitative terms or business fundamentals but hardly ever in terms of sociology. Well, maybe we should. IBM is an enigma, for years an earnings superstar yet more recently suffering consistent sales declines and a string of asset sales that smack of selling its seed corn to look successful. This makes no sense unless we understand the distorted logic of IBM’s management. Like every IBM CEO before her, Ginni Rometty came from IBM sales and sees enterprise sales as the very heart of IBM’s business. So in times of stress she preserves that heart by sacrificing everything else. The problem with this strategy is that traditional enterprise sales can no longer be central to IBM’s future as a successful company. Only Ginni doesn’t appear to know that. ...

    IBM has lost a lot of big corporate and government customers in recent years like Disney, Hilton Hotels, and the State of Texas. I have talked to these former IBM customers and many more. The story they tell is of a smooth marketing organization that sells customers on the size of its business and the success previous IBM customers have had. Add to that a rock-bottom price and the deal tends to look too good to pass up. But, former IBM customers report, these pre-sales perceptions are seldom confirmed. To make its profit targets from low-ball contracts IBM starts cutting corners from day one. That’s what happens when you take the value of the contract, subtract the target profit, subtract sales commissions, then tell the people delivering the service to do so from whatever money is left over. Honest to God that’s how they do it. ...

    IBM’s management will not generally get involved if the accounts beg for help or raise awareness that things are about to go badly. In general most accounts leave without IBM doing much to keep them. Sometimes a customer CEO will complain to IBM CEO Ginni Rometty. Being the good salesperson that she is, Rometty will promise to fix the problems. IBM technical SWAT teams are dispatched to the account like an invasion force. They check everything, typically finding hundreds of pages of things to fix, do better, etc. All costs for the SWAT teams and the corrections are paid by the IBM team responsible for the account. Herein lies a further difficulty: the financial conditions that caused the original problem have not been fixed, according to IBM SWAT team members I have met. Those problems started when IBM did not budget enough money to do the original work. Now the account team has a boatload of new costs from the SWAT teams and no budgetary relief. The funding problem just gets worse, so more heads are eliminated hurting even more customers. It’s a downward spiral. ...

    This week IBM announced the signing of a deal with Lufthansa for $1.25 billion. Over 7 years that is $178.6 million per year. In the spreadsheet on this page I have collected IBM’s revenue from services (both its Global Technology and Global Business divisions) for the last 4 years. I’ve estimate the year end numbers for 2014 and converted the revenue lost to the number of equivalent Lufthansa deals. Over the last 3 years IBM has lost 24.4 Lufthansa-sized deals. Every six weeks IBM loses a Lufthansa-size customer.

  • NDTV Convergence Limited:

    Iusacell's $2.5 Billion Lawsuit Against IBM Put on Hold.

    Excerpts: A U.S. judge on Friday put on hold a $2.5 billion lawsuit by Mexican mobile phone operator Iusacell SA de CV accusing IBM Corp of fraudulent misrepresentations, citing a pending arbitration launched by the U.S. technology giant.

    U.S. District Judge Naomi Reice Buchwald in New York granted IBM's bid to stay the lawsuit as it involved issues central to an arbitration pending before the International Chamber of Commerce.

    In 2010, Iusacell signed a contract with IBM's Mexico unit, which under the agreement would improve and operate Iusacell's IT systems.

    In a lawsuit filed in April, Iusacell alleged that IBM claimed it would provide "virtually unlimited" resources to the company for the project, even though it only intended to provide limited, inadequate amounts of resources to Iusacell.

    Iusacell contended that under Mexican law it was entitled to recover both its actual damages and lost profits, including $2.5 billion (roughly Rs. 15,400 crores) in lost revenue.

  • Glassdoor IBM reviews. Selected reviews follow:
    • “Killed by cost cuts and processes”

      Current Employee — First Line Manager. I have been working at IBM full-time (more than 10 years).

      Pros: Still nice place to work, good work life balance, relatively secure workplace.

      Cons: Common sense lost, endless cost cuts and cost take outs, increasing workload, same salaries, decreasing benefits. Over regulated, micromanaged, bad atmosphere.

      Advice: Redefine goals, define motivation system that makes all levels of management interested in doing what is required, empower them and then let them work individually. And keep/rebuild skills; I hardly believe I work in an IT company based on the IT skills the employees have here on average (alternatively IBM could turn to a compliance consulting firm, as we are quite strong on that).

    • “Values eroded and lacks a visionary.”

      Former Employee — Security Engineer in Atlanta, GA. I worked at IBM full-time (more than 5 years).

      Pros: Awesome people to work with, some of the best minds anywhere. Processes and procedures in place for everything. Fantastic potential in a company to ride the cloud generation and pull out the guns it has and the incredible reputation. Watson technology can take it over the top once again if they let the Ginny out of the box.

      Cons: No visionary at the helm that would inspire the masses. Good candidate for a show like CBS's Undercover Boss to see the reality of the field. Massive brain drain occurring due to lack of leadership. Too much emphasis on dividends and rate of return, stock buybacks. Selling of key parts of company continues (hardware, chip development) creating a shell with a volatile inside.

      Advice: Go back to your roots. Provide real value not earning projections. Stop shipping jobs away and believe in America. Measure your success by customer satisfaction not by Wall Street analysts recommendations.

    • “The Best Company, The Best People.”

      Former Employee — Senior Software Quality Assurance Engineer in Sydney (Australia). I worked at IBM full-time (more than 5 years).

      Pros: When you join IBM you are an IBMer for life. There are so many talented, intelligent, innovative people working side by side with you every day that you are inspired to be the best you can be.

      Work/life balance is extremely important as are the happiness, satisfaction and safety of all staff.

      All new ideas, no matter if they come from the mail room or the executive board are treated with the consideration and enthusiasm.

      Cons: I really have no negatives to report at all. If I hadn't needed to move away I would have happily been an IBM lifer.

      Advice: Keep on keeping on!

    • “Death spiral”

      Current Employee — Professional in Essex, VT. I have been working at IBM full-time (more than 10 years).

      Pros: It's kept me gainfully employed for quite some time (but at quite a cost of foreseeing all the layoffs and becoming a pro at the game of musical chairs). Being able to work and live in VT was a real plus!

      Thank god Global Foundries is buying the place; it's been in an ongoing death spiral the past five years with no investment or real strategy.

      Cons: Salary and benefits are really just average, no better then anywhere else. Constant threat of layoffs. Profit sharing plan is better known as "the annual insult."

      Advice: I won't waste my breath.

    • “Awesome company to work for”

      Current Employee — Global Hedging Program Manager in Armonk, NY. I have been working at IBM full-time (more than 3 years). Pros: Excellent co-workers and compensation; great working culture. Cons: Not in New York City. Advice: Keep up the good work! I sincerely believe our strategy will come to fruition.
    • “Experience as engineer”

      Former Employee — Staff Software Engineer in Tucson, AZ. I worked at IBM full-time (more than 10 years).

      Pros: Great working environment and schedule flexibility. You have opportunity to work with engineers from all over the world. You will definitely gain experience, with additional education opportunities for self development.

      Cons: Job stability isn't that great. Company focus is no longer customer or employee focus, but rather financial earnings. People are loaded with work, so you have to do more with less. This also affects educational self development and work-life balance. Employee morale also is affected.

    • “Stay away”

      Former Employee — Global Fixed Asset Analyst in Shenzhen, Guangdong (China). I worked at IBM as a contractor (less than an year).

      Pros: Quick and easy interview for the job.

      Cons: They hire many contractors; very high turnover rate. Managers also come and go. People just don't stay long. People in the office have little sense of responsibility. When they make mistakes, they often point noses to each other or other departments. Managers from the headquarter in U.S. show disappointment on the department.

      One of the signals of negative outlook for the Global Fixed Asset department is that you don't even see a couple of analysts or associates there actually graduated from an elite school. One of the team leaders even scolded new analysts because they point out mistakes in the work procedure. Don't expect them to act like a refined person.

      Advice: Hire one smart person and pay well is better than hiring a team of low-paid average workers that keep making mistakes.

    • “Extremely limited mobility and salary potential...”

      Former Employee — Level II Support in San Jose, CA. I worked at IBM full-time (more than 5 years).

      Pros: There are a lot of nice people to work with and opportunities to learn and take leadership/responsibility. Relatively good job security unless you are in the hardware/storage side of the business.

      Cons: Even with multiple years in a row of '1' PBC performances, salary raises are incredibly limited. Typically 1-2% a year would be 'great' year. This is coming from someone who put in 50-60 hours a week. Teams and entire groups make it extremely difficult to move laterally within the company because they have such a hard time back filling positions (getting open reqs).

      Get used to having a used (old) laptop and then having to hold on to it for 4 years before an upgrade. Basically "BYOD" is mandatory if you care about your equipment. The security/process is ridiculous...easily spend 20% of your time just doing that stuff.

      There are too many people who were acquired and have great salaries. There is just no incentive for them to work hard. For example, in the same job role, there could be one guy making $150k, and another making $75k for the same job. The guy at $150k has no incentive to work hard because they are capped at their band level and are unlikely to make more money. The other guy at $75k also has no incentive to work hard because even if they are an all-star, they will get maybe a 1% raise if they are lucky.

      I can't even count the number of people that work remote that just stay in "meeting mode" all day. You know perfectly well they are just making themselves look busy...ridiculous. Get them back into the office and productivity would likely increase 2x.

      Advice: How can you possibly attract motivated and skilled employees when the salary gap is 30-50% off from other companies? Figure out a way to reward EXISTING employees who work hard and demonstrate clear potential. IBM is rapidly suffering a "brain drain" phenomenon — at least outside of R&D.

      Stop letting so many of the higher paid employees "coast" through their jobs. Make it easier for managers to lay people off, but also make it easier for them to reward employees that do well (financially).

    • “Horrible management. Rotting culture. Second-tier everything.”

      Current Employee — Senior Strategy Consultant in Armonk, NY. I have been working at IBM full-time (less than an year). Pros: IBM still has the brand name going for it that makes it easy to switch companies. Flexible work-at-home culture. Cons: Clueless, outdated management. Tech company run by "manager types" instead of techies like Google or Facebook is. Lots of bureaucracy. Old-school corporate America with terrible IT infrastructure and team. Most people are old and senile. 9-5 job that you can hold till retirement. Advice: Fire yourself. You're disgracing the Watson family name, ripping-off shareholders.
    • “If you want to learn, travel the world and get paid to do it, start your career at IBM.”

      Current Employee — Engagement Manager in Austin, TX I have been working at IBM full-time (more than 3 years).

      Pros: Over the past three years I've had three different jobs at IBM. Each with its own unique challenges and opportunities. The best part about the experience—the people. IBM attracts some of the smartest people on earth and it's a great privilege to work with and learn from them. Second best part is the work/life balance. I work from home; as such I have a lot of flexibility to get out for a walk at lunch time or run an errand in the afternoon without it impacting my day negatively.

      Cons: Management is hit and miss. We have some amazing managers who execute flawlessly, but at the expense of their employees. Employees get frustrated and either put up with managers who degrade, insult, and overall infuriate them or they leave. A 360 review process that enables employees to review managers would solve this. Some people just weren't meant to manage people—and that's okay; let's just move them into roles where they can continue impacting the business positively and give their people to better managers.

      Advice: It's time to "Restlessly Reinvent" our compensation structure. Why is it that I do the same job as my colleagues and return equal or better outcomes and yet am compensated so much lower (20-30% as per Glassdoor) just because I've been here 2 years instead of 10+? Stop compensating people for the "length of time" they've been at the company. I take on projects that go above and beyond and deliver and yet still am not being fairly compensated. Compensation should be normalized for performance/outcomes, not for time you survive the company. Just my .02. If you're a manager it should be tied to both a review by your manager and by your employees. As another reviewer said, let's trim some of the dead wood and elevate those who both perform and manage their people well.

    • “This is the worst-managed company I've ever worked for.”

      Current Employee — Advisory Software Engineer in Atlanta, GA. I have been working at IBM full-time (more than 5 years). Pros: There are still some very smart people to work with, although most of them have left. Cons: But none of them are in upper management. We are worked to death with no hope of recompense other than maybe not being on the next layoff list. Upper management is out of touch with reality (but don't know it). They are obsessively focused on the short term. Advice: Fire yourselves and let some grownups run the company.
    • “A great company that appears to be in decline”

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

      Pros: Ability to work from home or pretty much anywhere; you can find a subject matter expert on anything; many different kinds of technologies; most of the people are really great to work with and very dedicated; great place to work for a few years for your resume.

      Cons: There was no such thing as work/life balance and morale was low in the area I worked. The salary plan was poor even for good performers, if you were in an area that does not receive commissions. Variable pay has been drastically reduced for years. I agree with other reviewers that there is too much middle management.

      Advice: Upper management seems to have forgotten the two things that make a business thrive — the employees and customer service — if employees do not feel valued, they cannot perform at their best levels.

    • “Heading downwards and this getting faster”

      Current Employee — IT Specialist in Portsmouth, South East England, England (UK). I have been working at IBM full-time (more than 10 years).

      Pros: Flexible working (within the long hours), co-workers mostly good, some benefits are not bad. Can be a variety of roles if you push to take them.

      Cons: Leadership, direction, and even local management is generally appalling. Process and admin way way over the top. Treated like naughty children. No prospects without tons of paperwork. Impossible targets and hours for zero recognition, especially pay. No pay rise of any meaningful nature for over a decade. Steer clear unless you need a job and its local to you!

      Advice: Quit and hire your replacements from OUTSIDE IBM. Stop messing with share buybacks as the shares are doomed anyway when the major investors realise what is going on (i.e. very little that makes money). Stop lining your own and the shareholders' pockets and give the employees a big pay rise. Forgo any profits for at least the next 2 years and use to invest in employees and fixing issues.

    • “IBM is a company full of dead wood and inept management and executives”

      Current Employee — Sales Specialist. I have been working at IBM full-time (more than 5 years). Pros: Great place to work a few years ago. Fair 401k and crummy benefits. Cons: Management—desperate people trying to prove their political worthiness to keep their positions. Advice: Retire. You've been at the company way too long and are now a liability.
  • Alliance for Retired Americans Friday Alerts. This weeks headlines include:
    • Thank Social Security Hero Tom Harkin!
    • President Obama Unveils Executive Action on Immigration
    • Lame Duck Session of Congress to Decide Whether to Fund the Government
    • Mitch McConnell to Become Senate Majority Leader
    • Commonwealth Fund Study: Older Americans are Sicker than Counterparts Abroad
    • Forum Addresses Reduced Staff, Services at Social Security Administration
    • Idaho Alliance Holds its Founding Convention
  • The Commonwealth Fund:

    International Survey of Older Adults Finds Shortcomings in Access, Coordination, and Patient-Centered Care. Synopsis: A survey of older people in 11 countries finds that U.S. adults are sicker than their counterparts abroad, as well as the most likely to have problems paying their medical bills and getting needed healthcare. U.S. adults also reported difficulty getting care in a timely fashion and using emergency departments for issues that a primary care physician could treat. Among the bright spots for the United States: having a care plan for chronic illness, and planning for end-­of-­life care. ...

    Despite having Medicare coverage, U.S. adults age 65 or older were the most likely to report that cost posed a barrier to care. One-fifth (19%) said cost was the reason they did not visit a doctor, skipped a medical test or treatment recommended by a doctor, did not fill a prescription, or skipped doses. ...

    U.S. survey respondents were also the most likely to report trouble paying their medical bills (11%). Only 1 percent in Norway and Sweden reported the same. ...

    The Bottom Line: Compared with their counterparts in 10 other industrialized countries, older adults in the U.S. are sicker and more likely to have problems paying their medical bills and getting needed health care.

New on the Alliance@IBM Site

Job Cut Reports

  • Comment 11/17/14:

    Apparently Morgan Stanley has been getting lots of calls from IBMers who have shares that vested but haven't been released yet by the company, making them unavailable to exercise. I bet Ginny and her crew didn't have that problem when they exercised their zero cost options. Just the poor working men/women trying to get the measly few bucks out of the well devalued company stock (thanks to the aforementioned). Can't wait to see the exodus when people get their shares sold and 401k match and say buh-bye IBM. We lost some good people last year just after Dec 15. I'd like to be one of them this year. The rich keep getting richer, organize! -ItsATrap-
  • Comment 11/18/14:

    -ItsATrap- ... it is not that that IBM is refusing to release the shares ... the shares that are not shown as available are used to cover withholding against the income tax liability created at the time the shares vest. -FinancialGenius-
  • Comment 11/18/14:

    RA hit in GTS US. Not sure how many impacted -donetryin-
  • Comment 11/18/14:

    Looking at Plan year 2015 for Retiree Medical Plan using my so called lifetime FHA benefits. Its criminal how IBM can charge these rates and not let you shop on the open market for a plan. With around 40k in my pocket with a ibm hole in it the rates are as follows for self +1 per month:
    • IBM High Ded PPO Anthem $1196.76.
    • IBM Med Ded PPO Anthem $1431.24
    • IBM Low Ded PPO Anthem $1945.42
    • High Ded PPO with HSA $1381.36
    • IBM EPO Anthem $1639.88.

    This doesn't even count adding dental. Another IBM lie. After spending most of my working life with IBM, this is my reward. IBM had really stuck it to the people who made IBM once a great company to work for. I wish a news corporation would put this out for everyone to know. IBM belongs on the wall of shame. -Over55-

  • Comment 11/18/14:

    New resource action underway — Project Chrome. Overall company target is 23% of US resources will be impacted. Separation payments limited to four weeks. Resources to be notified in mid January with separation in February. Bigger question is how does IBM support current and new customers with this reduced workforce. Interesting enough, no senior manager higher than a director is impacted. Merry Christmas -Anonymous-
  • Comment 11/18/14:

    Microsoft AND Oracle Are Now More Valuable Than IBM. http://www.businessinsider.com/microsoft-oracle-more-valuable-than-ibm-2014-11 -anon-
  • Comment 11/19/14:

    I was contacted by my manager that I did not have enough utilization. I have tried to get on several projects but having been promoted to level 9 against my will, was not $ competitive against offshore/landed level 8s doing the same job. The letter suggested if I can get on a project within a few weeks, and show high utilization and a great PA, I could keep my job. If I resigned, I would be given severance plus 6 months assistance on medical insurance. If I did not resign, and did not meet their requirements, I could be let go without any benefits. If you get such a letter, save it off-line. It will be helpful when you apply for unemployment and IBM claims you left on your own. -mark mywords-
  • Comment 11/19/14:

    -Over55- I hear ya! It stinks. I had 29 years in with IBM and was only 54 years old when forced out of IBM and asked to "retire" by IBM...then I told my manager that I am not retirement eligible since I would lose my FHA. Guess what? I got RAed instead. What is really rotten is those that got RAed at 54 years old and get NO FHA. That's right...a big fat O. ZERO. ZILCH. NADA. SHUTOUT. IBM's way of saying thanks for your many, many years of dedicated employment service and we care less how you helped made IBM money when you were working now you will go away. I should have joined the Alliance when I had a chance so I would not just go away. -Under55-
  • Comment 11/19/14:

    From a newspaper article over the weekend: "Most big employers can expect only a moderate increase in their health insurance burden next year? About 3.9 percent according to Mercer, the benefits consultant..." Well, not at IBM. My same plan as last year will now cost me 26% more thanks to the greed of IBM executives. Roadkill 2015 is still alive and kicking no matter what Ginny says. -Tired of Ginny-
  • Comment 11/20/14:

    A lot of us are going to lose our jobs in the next few months. Be prepared and make it as hard as possible for the evil empire by reading the GREAT checklist provided here by the Alliance: http://www.endicottalliance.org/news/survival.htm. And contribute something; this list is worth a contribution alone! I have to laugh, now that this news is out, we're being hammered by even more desperate emails saying "read my blog!" since everyone's value is being measured by blogging. So even less productivity, half the workforce is spending time creating useless blogs; the other half spending their time reading or deleting. Where's this wonderful new email product? Apparently not worthwhile enough for IBM's own employees! -WaitingForACallFromMyManager-
  • Comment 11/20/14:

    It appears that since no RA was announced on 11/14/14 (one would figure IBM would do one at this date since 30 days out to employment separation date means they don't have to match 401k for those IBM resource participants) that the standard separation package will change. IBM is in too big a mess right now trying to make 4th QTR numbers not look bad and spent plenty of Armonk effort on the EFK/BTV plant sale to GF. (BTW, Abu Dubai is a big stakeholder in GF and they get the NY State "StartupNY" tax breaks for 10 years). They apparently will have to RA either in December or more likely early 2015. The longer you wait to not unionize the worse it is gonna get. That is a fact jack! -littlePaleBlue-
  • Comment 11/20/14:

    How do they determine the resource actions when some managers, being managers for so long did not go back and finish their education in this so called competitive world that needs updated skills all the time. Maybe that's why all the good employees are gone. -Anon-
  • Comment 11/20/14:

    Over55 is correct. With these rates your FHA may cover you and your spouse for 2 to 3 years. I retired at 59 and my FHA will run out between the age of 63 to 64 just covering me only. Thankfully my spouse can go on her own insurance retirement plan which will cost her about $200.00 a month. -Use Your FHA or Lose It-
  • Comment 11/20/14:

    The FHA account only applies if you have 30 years AND are 55 years old. If you have, for example, 32 years and leave IBM when you are 53, you do not receive the benefit of your FHA account. Most people aren't aware of this nuance. I know I wasn't until I researched it. -Anon-
  • Comment 11/20/14:

    When I retired at the end of May 2013 (T2R and happy), my adviser figured that my FHA would last until 2 months of my 65th birthday. Well, surprise, surprise for 2015 - not going to even come close to that target because of expense. So, spouse (Medicare eligible) and I decided for 2015 to get the super expensive low deductible, save our own cash, and spend down the FHA account as much as possible, since it probably will go away. We decided we'd deal with 2016 in another way. It breaks my heart to think of all the broken promises. At this point, I am so embarrassed to be associated with IBM that when people ask me what I did before I retired, I just tell them I was with a large technology company. -T2R 2013-
  • Comment 11/20/14:

    For those who will be losing their jobs in the next few months, pay attention to where you stand on vacation. While we've all heard that it's use-it-or-lose-it, the accounting when you're RA'd is a little different. You've actually earned all of the previous year's vacation and IBM has to pay you for it. (If you stay with IBM, they just limit how much new vacation you earn the next year.) At the extreme, if you get 20 days of vacation and take none of it this year, and, IBM dismisses you on Jan 2, they will pay you for those 20 days. In practice, must people only miss 5-10 days, but they're entitled to those, plus any earned for the partial year. -Anon2-
  • Comment 11/20/14:

    I created the RA'D by IBM T-Shirts if any present, past or future IBM'er would like to purchase one go to this link http://www.cafepress.com/behorn60tshirt. Remember showing RA'd visually in numbers will let people know what is going on. I still would suggest joining the union. Jobless for almost 1 year now. -Glad to be gone 2013-
  • Comment 11/20/14:

    If you notice in IBM, most managers do not have college degrees, yet they want their employees to update skills. IBM management is based on the "good old boy" network and nothing else. Join the union to stop this BS. -ANA-
  • Comment 11/21/14:

    -littlepaleblue- You rarely see a big layoff in the 4th quarter because the savings is just not enough. The senior execs issue a "challenge" that a certain group has to reduce their spending by "X" amount of money for the year. If they layoff in December they only get 1/12th of the cost of that person for the year towards that goal. If they layoff in January they get the cost of that person for the full year towards that goal. That is why you will see most big layoffs done in the first quarter. You might get smaller ones later in the year but rarely in Q4. -longtimebeemer-
  • Comment 11/21/14:

    RAs have come to the UK. All departments under immediate threat and non-disclosure confidentiality clauses.

    Meanwhile Ginni has sold all this year's share options just before announcing the ship was sinking. See http://tinyurl.com/paeqprd.

    Her fellow 'executives' did likewise. See http://tinyurl.com/RatsGoFirst -OnThinIce-

  • Comment 11/21/14: "If you notice in IBM, most managers do not have college degrees, yet they want their employees to update skills. IBM management is based on the "good old boy" network and nothing else. Join the union to stop this BS." -ANA-

    BTW, you don't have to have a college degree to be a good manager. You have to have high EQ (emotional intelligence), be able to relate to human beings, and have organizational skills. You also have to have honour and integrity, so people are willing to trust you and follow you. That's it. Most IBM mangers do not. TJ Watson did not have a college degree. Tom Jr. barely made it out of college. They were the greatest managers of all time. -TJ-

  • Comment 11/21/14:

    Reliable source says US cuts only 12% of work force. Plans do however include almost 100% cuts in Chicago for SPSS with pretty much everything moving to Canada or India in "maintenance" mode. Stats and modeler are being killed off. -Jello Biafra-
  • Comment 11/21/14:

    -Anon2- is incorrect about statements on how accrued vacation works at IBM. The manager separation tool automatically prorates the number of eligible vacation days for the manager. All the manager does is enter the actual number taken between Jan 1 and the separation date. If it's less than the prorated accrual, you get a second vacation check in addition to your last paycheck. If it's more than the prorated accrual, then the difference is taken out of your final check. However, Personal Choice Holidays (usually six) are NOT counted or prorated. You get those on Jan 1 and they're use 'em or lose 'em. So use them first! Log your first six days off of the year in vacation planner (and ILC, if applicable) as Personal Holidays, and only THEN start using your vacation. -How Vacation Works-
  • Comment 11/22/14:

    Another reason the RA didn't happen in 4q is that the empress wants to first see how many abused employees leave on their own, saving money for the Corp. Plus the 600 million set aside for layoffs in 2015 hasn't kicked in yet and the 2014 funds were used. We'll see two waves of exodus, one voluntary in Dec after folks get their 401k match, then the firings in Jan. -HereItComes-

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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