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Forbes latest on IBM layoffs

Chalanachithram.com DB » New TF Industry Related » Archive through January 27, 2015 » Forbes latest on IBM layoffs « Previous Next »

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Thikka_sankara
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Username: Thikka_sankara

Post Number: 17437
Registered: 02-2012
Posted From: 106.208.35.250

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Posted on Monday, January 26, 2015 - 11:34 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Saarang:

evvaru annaru ila?


Tcs layoffs meeda oka 100 threads paduntaayi db lo.....you might have missed them....
keka link:

fikileaks,
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Saarang
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Username: Saarang

Post Number: 8378
Registered: 06-2012
Posted From: 206.29.176.51

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Posted on Monday, January 26, 2015 - 09:11 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Thikka_sankara:

Lol India lo layoffs jarigithe it's employees incompetence, issues with scalability etc etc etc..... US lo jarigithe, suddenly it's the EVIL CORPORATE...... Hypocrisy.....




evvaru annaru ila? Did the same guy write about India and US?

Also, regarding the below article...Forbes writer gaadu 1 in 4 lay-offs ani fekaadu...ippudu nenu ala analedhu ani rakarakaaluga pilli moggalu estunnadu.
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Thikka_sankara
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Username: Thikka_sankara

Post Number: 17434
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Posted on Monday, January 26, 2015 - 09:04 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Lol India lo layoffs jarigithe it's employees incompetence, issues with scalability etc etc etc..... US lo jarigithe, suddenly it's the EVIL CORPORATE...... Hypocrisy.....
keka link:

fikileaks,
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Gringo
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Username: Gringo

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Posted on Monday, January 26, 2015 - 08:58 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

IBM doesnât like me. After my column last week predicting massive cuts at the giant computer company, IBM now says Iâm wrong, and that there will be nowhere near 110,000 IBM employees laid off. But like my young sons who never hit each other but instead push, slap, graze, or brush, I think IBM is dissembling, fixating on the term 110,000 layoffs, which by the way I never used. Whatever the word, what counts is how many fewer people will be paid by IBM on March 1 compared to today.

There are many ways to spin a work force reduction. Hereâs how one IBMer source (I have dozens) explained the tricks to me this morning:


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Robert X. Cringely Robert X. Cringely, Contributor
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TECH 1/26/2015 @ 5:42PM |6 735 views
Anatomy Of A Layoff: How IBM Is Likely To Spin This Week's Force Reduction
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IBM doesnât like me. After my column last week predicting massive cuts at the giant computer company, IBM now says Iâm wrong, and that there will be nowhere near 110,000 IBM employees laid off. But like my young sons who never hit each other but instead push, slap, graze, or brush, I think IBM is dissembling, fixating on the term 110,000 layoffs, which by the way I never used. Whatever the word, what counts is how many fewer people will be paid by IBM on March 1 compared to today.

There are many ways to spin a work force reduction. Hereâs how one IBMer source (I have dozens) explained the tricks to me this morning:


âIf youâre following the Endicott Alliance discussion board (an organization of IBM workers) you know that they are only âofficiallyâ laying off several thousand (maybe 12K Iâm guessing), but others are being pushed out by being given poor performance ratings. This includes people on their âbridge to retirementâ program that took that option, thinking it kept them âsafeâ from resource actions (layoffs/firings). There is a loophole that says they can be dismissed for âperformanceâ reasons, which is exactly why many of my long-time, devoted, hard working peers are suddenly getting the worst rating, a 3. Itâs so they can be dismissed without any separation package and no hit to the RA, or workforce rebalancing, fund⦠It used to be something like 10 percent of employees âhadâ to be labeled 3â²s, but recently the required number of 3â²s was way, way upped according to some managers. So thatâs how they are doing it⦠Some managers have teams of hard working people that put in tons of overtime and do everything they are asked, and by requirement some must be given 1â²s, some 2+, some 2, and unfortunately some 3â²s⦠They also got rid of some employees by âstuffingâ them into the Lenovo x86 acquisition, shipping tons of people over there that never even worked on x86 stuff. Lenovo has discovered this and has given some of them a way better package (year salary and benefits), and taking it up quietly with IBM.â

The company has a bad year, so what do you do? Throw a large number of employees under the bus. By any measure this will be a big staff reduction.

http://www.forbes.com/sites/robertcringely/2015/01/26/anatom y-of-a-layoff-how-ibm-is-likely-to-spin-this-weeks-force-red uction/
http://i.imgur.com/eI7517s.jpg?1

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