Among the ways you can do layoffs, this is one of the better ones for sure. People who are kind of checked out already anyway can get a nice paycheck on their way out and start looking for something new, while people who still have something important to get out of the job get the option to stay.
Consent matters!
I’m 4 weeks away from my voluntary redundancy. I was planning on leaving the job this year anyway, as I wanted to move, so to get a nice paycheck with it was a definite bonus.
Of the people that chose voluntary redundancy, it was mostly those without ties to the area, those that could move, young enough to re-skill, or old enough to retire. The ones that were forced into redundancy have families, mortgages, history in the area, enough baggage to cause inertia. Part of my reasoning to take the voluntary redundancy was to help save at least one person from that.
So absolutely, consent matters. It just sucks that this is happening at all.
The company’s stated reasons for redundancy was to move skills to other locations in the country. This is after a year’s long effort to co-locate in order to facilitate collaboration. What it really seems to be is that our location has very high staff retention, and therefore high salaries, and the company thinks it can hire younger and cheaper elsewhere. The skill and knowledge lost with this move is staggering, everyone can see that, but profit is the most important factor the company cares about, so it’ll inflict its own wounds to get profit up. Capitalism is weird.
My work did this a few years ago and one guy who was planning on retiring took it. He got a full extra year of pay and 2 or 3 years of medical insurance out of the deal.
Absolutely, I’d happily take a redundancy payout from my current job.
I mean if there are severance packages, I wouldn’t say no.
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Damn, wish I could get fired by ibm
Yeah, being laid off by a huge company can be a lot less awful than a smaller one because they pay you off pretty nicely.
I was laid-off in 2022 and got a pretty nice severance, and my new job pays 40% more. I wish I had known how relatively quickly I was going to find another job because I would have enjoyed my time off a lot more. I personally don’t know anyone who has been laid-off and ended up worse off.
my friend was laid off last june by ibm and still hasn’t found a job
I was laid off from a big company in 2023, after being with them for 5 years. They told us in March, had it hang over our heads for 2 months, while they did rounds of layoffs. My coworker and myself got laid off finally at the very end. So did the guy I got hired, and had been with the company for like 3 years.
When I tell people I got laid off, they give me sympathy, but I tell them it’s not that bad because due to a contract they had to give me 3 months notice in order to lay me off. My boss said I didn’t have to work those 3 months, so it was a paid vacation. I also got like 12 grand in severance, and possibly 25 grand in benefits in an investment account. I can still get unemployment, which I’m on, and will run out soon. I’ve moved cities and haven’t worked a day since the end of May 2023… I did live with my parents for 4 months though, I’m 38.
Hope that’s true for me! I’m 2 months in and no strong leads. Trying to work my network though.
This is called a VRIF, Voluntary Reduction in Force, and usually comes with a sizable severance. Lots of people close to retirement at my last job took the offer because it was worth it.
Severance package? Unemployment? References?
Yeah, I’d take it.
Unemployment and references should be the norm, nothing to request.
Well unemployment is. Severance isn’t.
That’s probably why the person you replied to specifically left that one out when mentioning just the other two out of the three.
Was given the option about 6 years ago at IBM. Jumped at the opportunity, unfortunately wasn’t approved. “no, we still have a lot of work for you”
Ended up leaving 3 months later, ah well
The picture is bullshit, most people taking voluntary severance would be high giving each other and pumping the air.
Can we all agree that photo was created by ChatGPT and not an artist. Maybe they ought to put their money where their mouth is.
Absolutely not! ChatGPT is a large language model and cannot generate images.
It’s awful at text in images though. Pretty sure it draws the text rather than writes it, if that makes sense lol. I had it try 4 times and it got it wrong every time
That’s GPT talking to DALL-E though - GPT is just the messenger, and has no idea what’s in the image, other than the prompt it generated for you.
ChatGPT talks to GPT something (3 or 4 with or without turbo) and Dall-e, and ChatGPT isnt generating anything at all but that is just being pedantic for the sake of it. We all know what the OP meant.
I beg to differ.
Girl on the right probably killed a Spanish swordsmith back in the day.
The llm is executing a function on a diffusion image model. The llm does not generate the image itself
This doesn’t contradict what the OP said. ChatGPT is now an interface to both an LLM and a diffusion-based image generator.
IBM already silently reduced more tan 5000 positions globally two years ago, creating a separate independent company called Kyndryl. Ernst and Young did the same before that, three years ago outsourcing half of the IT department. Silently.
If someone volunteered to be laid off wouldn’t that invalidate their unemployment?
Generally it is proffered with a severance package that invalidates the unemployment. The package is likely better than what you’d get with unemployment and saves the company money by not increasing their unemployment insurance.
Wow, IBM is still around?
Yeah but they don’t do anything anymore. They create nothing, they innovate nothing, they build nothing. They’re a “service company” now. It’s not at all a shock that they’re failing to anyone but them themselves. IBM should never have green lit that brainless brain drain shift of focus.
An IBM Power9 supercomputer built in 2018 is #7 on the top500.org supercomputer list. That’s not nothing.
Dunno if they’re going anywhere now though or if that was their last hurrah.
they don’t advertize it because they don’t think its sexy or whatever but their mainframe business is still going strong if only because they’re the last player left in the market
Having worked for a couple chip design shops, and now at ibm… ibm is the one of a few companies pushing the envelope in chip design. You just don’t need what they make, so you’ve never heard of it.
That’s entirely untrue. IBM does mega projects and research for things the average consumer wouldn’t know or care about. Their customer base is industries, not people.
As a IBM developer - ouch man, that hurts. I guess I’ll just go back my job doing… nothing (actually sounds like a sweet job)
You’ve experienced the Greater Internet Fuckwad Theory in practice. For all you know that statement could have been made by someone who’s never needed an IBM product/solution, or is 16, living in mummy and daddy’s basement. For those of us with 20+ years in software, we know what you do and contribute. While I may not always agree with the philosophies of IBM’s solutions, you fill a super important need in many areas where not that many people have the capability to play. I’ve hired from and lost people to IBM and have nothing but positive things to say; there’s very much a customer-focused execution culture.
Exactly. I’ve been referencing this comic for nearly 20 years (2 weeks off) and it’s still just as relevant.
For the uninitiated:
Now that’s a classic.
You really, really should inform yourself before you make statements about things you know jack shit about.
Our tech leans heavily on AS400s, if you can believe that. And we have 98% market share in our space. They’re complex, but they work, and don’t fail.
IBM appears to be returning to its roots - mainframe engineering.
Wake me when they REALLY get back to their roots.
IBM is a law firm masquerading as a tech company. Anyone who has experienced their “partnerships” already knows this. Jesus Christ their contacts are insane. Once they get their claws in you’re fucked.
Source - 10+ years dealing with them in various capacities.
Just like Oracle lol, sOfTwArE aS a sErViCe is a plague on the tech world.
