Company: IBM
Date: 2008-06-11
Overall rating: 2/5
Employment status: former

Reality at IBM
Pros: Very few. I was a 31 year employee and have watched as the current management has taken  what was one of the best companies in the world and reduced to an "also ran". Senior management has been in "react mode" for so long that they think long range planning is what's for lunch tomorrow. The work force has been so reduced that we were all forced to work 15-25% uncompensated overtime and still the layoffs continued. They company no longer cares about it's customers or employees, just how much upper management can steal from the company. Most of us long term employees lost over 50% of our retirement in 1999 when "Three-Fingered Lou" needed some more money.
Cons: Long hours, low pay, no job security, no respect for workers.