Company: IBM
Date: 2011-03-14
Overall rating: 1/5
Employment status: current

Going down the drain
Pros: - Looks good on resume
- International exposure
- Learn a lot from the business model 
- Flexible working hours
Cons: - CEO pay package increased 30% in 2010 while the company laid off American workers and cut bonuses and benefits
- IBM employment in the USA has dropped from 160,000 in 2000 to about 95,000 in 2011, while job growth abroad has risen to over 300,000
- Management is completely secretive and treat employees like the enemy
- Everyone looks after themselves and doesn't care about the company
- Extremely competitive environment internally and promotions require approval from circles of executives two levels up to make sure new club members won't rock their boats
- No merit recognition.  No merit bonuses.  No meritocracy at all.