Company: IBM
Date: 2014-05-19
Overall rating: 2/5
Employment status: current
Experience level: Senior

32 years Software Engineer
Pros: Work from home opportunities and flexible schedule for programmers.  Fortune 1000 companies run IBM computers.  The world as we know it could not exist without the Mainframe.
Cons: Company is driven solely by Earnings Per Share.  The business is a financial house of cards.  Employees are considered a commodity and the company is focused on replacing expensive senior skills with inexpensive entry level skills.  Major shift of employees from US to overseas since 2000.  US headcount has decreased every year and is now 50% of what it was in 2000.  US employees are now estimated at less than 20% of the company in 2013.    US employees continue to be laid off and furloughed every year even with $99.7B Revenue and $16.4 B Income in 2013.  There is no job security and the official policy is average pay.  Most US employees have had no raise of any sort in 2-3 years.