81–90 of 142 posts
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For redundancy, 3 months is fairly common in the UK, and if certain conditions are met you can receive those 3 months pay free of tax.
It could be actually 3 months notice. Kind of problem in Europe if you want to change job.
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"Let's say that again: as of 2013, there were still hundreds of mission-critical IBM internal applications running on physical hardware until I was given the project to transition them to virtual servers." Is this so shocking or even wrong ? I would expect a company with the history and size of IBM to have tons of "old" hardware/processes. In fact it's that history, perceived wisdom and entrenchment that I would assu…
Exactly. Cloud is not the silver bullet. But at the same time, there is not much merit in choosing to be a luddite and not use the capabilities of cloud where there's a genuine need. I feel IBM, to an extent is guilty of not pursuing things on the cloud front and is now paying for it.
What else you expect in country with poor labor laws? Layoffs is fine I think almost every company need to go through this phase one day or other for cost cutting. But there should be a procedure , a short 2 hours notice as seen in this article is shocking.
And I suspect that getting a job in a MNC is seen a bit like the civil service is ie a job for life.
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Er, are you saying they were incompetent because they were Indians?
>> a single competent westerner (of any descent whatsoever) > are you saying they were incompetent because they were Indians? Quite obviously not.
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IBM is no longer a USA company and has not been for some time, logic would dictate that if they've only got ten thousand or so employees left in the USA, if they plan to downsize 13K, at least some citizens of India are going to have to go. They'll (probably) never get rid of the local USA sales force and some service techs, so by definition layoffs will now start to happen in India. GE is the same way, as are some o…
The unofficial IBM union ( http://www.endicottalliance.org/ ) estimates there to be ~66,000 FTE in the USA.
I don't want to seem insensitive but ... The quote at the beginning of the article describes pretty much every layoff I've ever seen (or been through). The person quoted describes it as inhuman, but HR and managers are told to keep it impersonal (don't induce more crying than there is). You don't get notice (on purpose), you have to turn in company-owned property and they want you out the door (it affects the morale…
IBM has come a long way from "Employment for Life" which was one policy that almost killed it. A couple things jump out on this article: 1 - One analyst has estimated that IBM will cut 13,000 of its more than 434,000 workers, based on the amount of money set aside for the rebalancing This is actually very few. Cutting 3% is hardly a rebalancing. Many companies cut double that every year as part of annual performance…
Depends on whether there is a hiring freeze or not.
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>the severance and extended benefits are far more generous than any layoff I've been through here in the states. IBM is pretty generous with the severance in the US too. Something like a week's pay per 6 months worked, capped at 26 weeks. If you've been working there a while, that's a half year of salary. Plus there is generally a month notice, in theory so you can find another job internally.
> Plus there is generally a month notice, in theory so you can find another job internally. This is not really the case, it seems there is usually a hiring freeze for the month between when people were notified and when people are let go.
I don't want to seem insensitive but ... The quote at the beginning of the article describes pretty much every layoff I've ever seen (or been through). The person quoted describes it as inhuman, but HR and managers are told to keep it impersonal (don't induce more crying than there is). You don't get notice (on purpose), you have to turn in company-owned property and they want you out the door (it affects the morale…
> the severance and extended benefits are far more generous than any layoff I've been through here in the states Interesting. Are big tech companies less generous than big engineering firms in other fields? When companies like BP, Boeing, etc. have had layoff rounds, 3 months is just about the minimum package for an involuntary termination, and it's common to first offer much higher voluntary packages to reduce headc…
I don't want to seem insensitive but ... The quote at the beginning of the article describes pretty much every layoff I've ever seen (or been through). The person quoted describes it as inhuman, but HR and managers are told to keep it impersonal (don't induce more crying than there is). You don't get notice (on purpose), you have to turn in company-owned property and they want you out the door (it affects the morale…
> the severance and extended benefits are far more generous than any layoff I've been through here in the states Interesting. Are big tech companies less generous than big engineering firms in other fields? When companies like BP, Boeing, etc. have had layoff rounds, 3 months is just about the minimum package for an involuntary termination, and it's common to first offer much higher voluntary packages to reduce headc…
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According to article 'One analyst has estimated that IBM will cut 13,000 of its more than 434,000 workers'. Not sure how many (what percentage) is in India and how many are affected.
IBM has around 120,000 employees in India, around 90,000 in the US and around 20,000 in the UK. Around 35 billion dollars of IBM's revenue ( ie: around 35% )comes from IBM India.