Company: IBM
Date: 2010-01-28
Overall rating: 1/5
Employment status: former

Heading downhill rapidly
Pros: Good people, who usually work more than their contract requires.
Cons: Aggressive cost cutting, pay freezes, reductions in benefits.
Aggressive offshoring of jobs and work to IBM India.
Forcing through the closure of the Final Salary pension to existing members, together with changes to the Early Retirement Discount Factor, which have effectively forced 800 - 100 staff out of their jobs without any compensation in terms of a redundancy or early retirement package.
Aggressive increases in performance targets over several years to force staff out of the company.
Performance targets that force staff to work much longer than their contract, and severely damage work / life balance.