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My name's Sam. I'm a multi-millionaire, and you're not

Staff Software Engineer
Current Employee
Has worked at IBM for less than 1 year
June 16, 2008
San Jose, California
2.0
Doesn't RecommendNo CEO Opinion
Pros

Employee discounts with many of the business partners, including auto companies, financial institutions, insurers, cellular phone providers, large retailers, and many others. It's especially nice at Christmas time.

There are also discounts on IBM items, but they are rarely used because IBM doesn't exactly focus on consumer items.

Cons

Many, many of their engineering jobs have been offshored. The older workers mostly feel they're doomed to being laid off after the next quarterly report that disappoints the analysts. The company is more than happy to replace these workers with younger ones or foreigners who cost less. The stock price RIGHT NOW is the most important thing, always.

Advice to Management

The stock price will be better in the future with a more stable workforce.

If you keep chasing old people out the door in favor of younger people or foreigners, you'll lose a lot of the old-school skills which are so critical to the business.

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