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IBM Is Already Gutting Red Hat and Firing Employees Without Warning

techrights.org

11–20 of 102 posts

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#11

not just IBM, but the link to the microsoft layoffs is kind of mind blowing: http://techrights.org/2020/08/02/microsoft-layoffs-secrecy/ >“Microsoft rarely, if ever, allows anyone working there to reach 55 and have their pension become vested.” >“Microsoft was twice as likely to lay you off if you were over 40.” >“Cortana is an analytics and telemetry app that data mines people while pretending to be a digital assist…

What pension? I don’t think that’s a common US benefit. https://careers.microsoft.com/us/en/usbenefits

401K I think is what we consider to be retirement funding.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#12

not just IBM, but the link to the microsoft layoffs is kind of mind blowing: http://techrights.org/2020/08/02/microsoft-layoffs-secrecy/ >“Microsoft rarely, if ever, allows anyone working there to reach 55 and have their pension become vested.” >“Microsoft was twice as likely to lay you off if you were over 40.” >“Cortana is an analytics and telemetry app that data mines people while pretending to be a digital assist…

What pension? I don’t think that’s a common US benefit. https://careers.microsoft.com/us/en/usbenefits

I think many companies have moved from pensions to 401k over the last couple decades, but people who came into the company during the pension regime typically retain their pensions. Someone who is approaching 55 could well have a legacy pension.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#13
A giant corporation buys a Silicon Valley company, the result is generally carnage. The old-boy marketing-driven process-heavy big company will roll out decisions like a bowling ball careening across a cafeteria, knocking over tables and chairs and sending people running for cover.

Since big companies are driven by managers not engineers, and the managers are always, always from the bigger company, the decisions are perceived as clueless. They are generally about optimizing or cannibalizing the small-company product for fit with the big company product space. With superficial understanding of the product itself, generally confined to marketing descriptions.

Thus, carnage. Been through it twice.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#14

not just IBM, but the link to the microsoft layoffs is kind of mind blowing: http://techrights.org/2020/08/02/microsoft-layoffs-secrecy/ >“Microsoft rarely, if ever, allows anyone working there to reach 55 and have their pension become vested.” >“Microsoft was twice as likely to lay you off if you were over 40.” >“Cortana is an analytics and telemetry app that data mines people while pretending to be a digital assist…

"Cortana is an analytics and telemetry app that data mines people while pretending to be a digital assistant"

I am stunned that anyone here believes that any of the digital assistants are anything other than data ingestion and analysis vehicles.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#15

not just IBM, but the link to the microsoft layoffs is kind of mind blowing: http://techrights.org/2020/08/02/microsoft-layoffs-secrecy/ >“Microsoft rarely, if ever, allows anyone working there to reach 55 and have their pension become vested.” >“Microsoft was twice as likely to lay you off if you were over 40.” >“Cortana is an analytics and telemetry app that data mines people while pretending to be a digital assist…

Hey IBM is famous for cannibalizing their pension plan and letting people go months before payouts. Nothing new here.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#16

A giant corporation buys a Silicon Valley company, the result is generally carnage. The old-boy marketing-driven process-heavy big company will roll out decisions like a bowling ball careening across a cafeteria, knocking over tables and chairs and sending people running for cover. Since big companies are driven by managers not engineers, and the managers are always, always from the bigger company, the decisions are…

> A giant corporation buys a Silicon Valley company

Redhat is not a Silicon Valley company.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#18

Didn't they just acquire them last year? Is it b/c they're trying to cut costs or did they want to kill the company from the start?

IBM doesn't "want" to kill anything but they definitely have a habit of "optimizing" acquisitions by cutting R&D and letting the product(s) coast.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#19
post #16

A giant corporation buys a Silicon Valley company, the result is generally carnage. The old-boy marketing-driven process-heavy big company will roll out decisions like a bowling ball careening across a cafeteria, knocking over tables and chairs and sending people running for cover. Since big companies are driven by managers not engineers, and the managers are always, always from the bigger company, the decisions are…

> A giant corporation buys a Silicon Valley company Redhat is not a Silicon Valley company.

I think they're referring to "Silicon Valley" in the cultural sense, not the geographic one.

Re: IBM Is Already Gutting Red Hat and Firing Employees Without Warning

#20

not just IBM, but the link to the microsoft layoffs is kind of mind blowing: http://techrights.org/2020/08/02/microsoft-layoffs-secrecy/ >“Microsoft rarely, if ever, allows anyone working there to reach 55 and have their pension become vested.” >“Microsoft was twice as likely to lay you off if you were over 40.” >“Cortana is an analytics and telemetry app that data mines people while pretending to be a digital assist…

Just an anecdote but anyone I saw leave around that age had been @ msft in the 90s and was wealthy enough to stop working long before. Most had pretty colourful BillG stories.
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