Editorial : 07/19/2005
 
 

 

Cheers at IBM Headquarters-Tears at Homes of 14500 IBMers

The 2nd quarter financial results are in and there are cheers in Armonk. Analysts and the media report that 'Big Blue' is back.
But lost in the reporting and analysis are those that are the heart and soul of Big Blue-the employees. For the 14500 IBM employees worldwide who are being cut from the company there is no celebration. For those still employed the fear that they might be cut next, temper any kind of elation in the 2nd quarter results.

In the CFO's webcast, Mr. Loughridge at one point called the IBMers being cut 'resources', not people or employees. What a slap in the face to countless employees who worked to make IBM successful only to be caught in the latest purge and labeled 'resource'.

Of the 14,500 destined to be terminated, only 8000 have gone so far. The axe is still swinging and we still don't know the true number of job cuts here in the US.
In Europe the job cuts have been voluntary and also need to be negotiated with unions and works councils.
In the US, with no collective bargaining agreement, it is the tap on the shoulder or the phone call and you are out the door. What a barbaric system.

Meanwhile employment in IBM India will increase by 14,000 and those who have been with IBM 5 years or less make up 49% of the employee population.
The work lives of IBM employees continue to decline as stress levels increase. The job prospects for the newly terminated are bleak, and the retirement benefits so many relied on evaporate.

IBM employees, retirees and all citizens need to unite and pushback. Tell IBM and Corporate America that we will not let you push us down and out of the American Dream. Let your voice be heard!