IBM is trimming job opportunities at its operations and those workers who have chosen early retirement are troubled.
IBM is cutting down more jobs following the statement of its leading executive that it had recruited 70,000 people in 2015 without also disclosing how many workers it had laid off during that timeframe.
Local media reported job cuts at the Research Triangle Park, N.C., operations of IBM, while IEEE Spectrum had reported cuts elsewhere. In its first financial quarter, the company typically tightened its belt, so this was not entirely unanticipated, but things got much worse for those workers who chose early retirement.
Changes made to the severance program of IBM have cut packages to 1 month from 6 months for participants, ZDnet report revealed. On its Facebook page “Watching IBM”, former employee of the cloud computing business, Lee Conrad, who keeps a track of job actions at the organization, characterized what is happening recently as a “massive job cut” although he has also acknowledged that it is not clear how many people have lost their jobs.
When asked to share views, spokesman of IBM responded by reiterating the hiring of 70,000 people and added it is now offering over 25,000 open job positions. This is not the first rodeo of the tech organization. It had cut jobs also for rebalancing – just over a year ago.
The corporation has been spinning off non-core businesses for long, and has recently doubled down on “cognitive and cloud computing”. It has also been purchasing huge companies and startups alike to initiate demand for its cognitive computing system, Watson.
Recently, it signed an agreement with VWware, which might help businesses to shift their conventional business apps to the IBM SoftLayer cloud (or for enabling those applications to work across on-premises datacenters.)
Besides the contract aside, the jury is yet out, nevertheless, on the effectiveness of these efforts to offset decreases in the conventional businesses of the organization, especially as Microsoft Azure and Amazon Web Services woo huge businesses, including important IBM customers with its networking abilities, storage and rentable computation from their respective clouds.
IBM is not the only organization doing so. NetApp and VMware have also downsized many workers in the previous few weeks. In other news, Ars Technica reported that Big Blue filed a lawsuit against Groupon for violating the patents 7072,849 and 5,796,967. Both of those are related to the Prodigy service, which was pioneered by the corporation.
The legal action has been taken as a part of the organization’s efforts to push internet giants to pay it licensing fees of patents.
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