Company: IBM
Date: 2015-06-04
Overall rating: 1/5
Employment status: former

No Longer a Great Place to Work
Pros: - Still a great name on your resume (for now)
- Ability to easily move to new roles based on career aspirations
- Great, smart people to work with
- Good work/life balance depending on the business unit you work in (NOT GBS)
Cons: There are many - here are a few:
- Moral is low because employees don't feel they are valued
- Promotions / raises very scarce unless you are at the lowest or highest levels
- Continual reorganizations - chasing changes in the market
- Continual territory changes for sales teams
- Revenue has not increased in years - profit is obtained and EPS is increased by cutting costs and buying back stock 
- Costs are cut via selling off parts of the business, constant layoffs (called RAs for Resource Action) and outsourcing jobs to growth market areas
- CEO and SVP team given raises, bonuses, & stock options even though they failed to achieve all stated objectives