Company: IBM
Date: 2017-01-16
Overall rating: 2/5
Employment status: former

Be cautious
Pros: - Large company trying to become successful again
- Salaries are competitive
- Might be a good place for new graduates
Cons: My opinion based on conversations with a lot of friends at IBM:
- Cannot be counted on for long term stability with multiple layoffs per year.
- Layoffs appeared to be mainly talented lifers and hiring appears to be young inexperienced resources. Only time will tell how this change will work.
- A few weeks before the layoffs, IBM changed the severance policy from 2 weeks pay for every year of service to 4 weeks severance no matter how long you were there. 35 years and you still get 4 weeks of pay. To me, that should be of great concern for those interested in IBM.
- Unless the new IBM changes go very well, the stock is artificially inflated due to recent layoffs of 10's of thousands (most likely from the US) and this might be a concern as well.