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Appalling treatment during redundancies

Senior Engineer
Current Employee
Has worked at IBM for 2 years
July 21, 2016
London, England
3.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

For over 10 years, IBM was a great place to work. My blood was blue, and I lived and breathed IBM.

Great people, awful managers (although there were a few exceptions, typically those who made it to upper management from rank-and-file positions).

Cons

Despite profits in the 10s of billions, IBM can now only afford "statutory minimum" packages, despite offering significantly better separation packages less than a year ago.

Ginni... 17 consecutive quarters of declining revenue on the trot. How much longer do we continue this trend? Either the trend must stop, or the leaders must go!

Advice to Management

Reconsider separation packages. Management preach that IBMers should "do the right thing," and then dish out statutory minimum redundancy payments in a complete, apparent disregard to their own advice.

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