Is IBM consulting (cic) a stable place? Layoff risk?IBM

like
Posting as :
works at
You are currently posting as works at

It isn't a terrible place to work, but if the stock price starts to fall the first thing they do it start laying off people. And, often those lay-offs are arbitrary. I worked for the most profitable division at the company (Business Intelligence) and they still laid off 40% of us.

likehelpful

I don't know if IBM consulting is different or not, it is just my experience that the company relies on layoffs heavily to maintain profitability and stock value.

like

I worked for IBM Watson Health for 5.5 years and IBM would have layoffs (resource actions) two or three times a year across all of IBM.

like

Is it usually the older crowd that is laid off? I doubt they’d fire new grad consultants since they are the cheapest?

I think CIC is often safer, they are significantly cheaper than other consulting resources and often take the same work. I think they also have to keep some level of staff to keep the state tax benefits for them

Related Posts

Morning! Being laid off sux, I been down this road 5x in my career it never bets easier.

Dust off contacts and make your rounds
* if you’re in a good position to take time off do some, seems we all need a mental break anyway

likeuplifting

Question re big law layoffs. What were signs you saw of layoffs coming before they hit? Are firms giving out severance packages with layoffs? Any thoughts/ advice you can provide on the subject is appreciated. Thanks in advance.

like

Hi all,

Seeing some posts on layoffs in barclays. Is it true and which category of Employees will fall in that list.

like

Follow up post to my last post…My husband was laid off from the company where I also work. I am feeling really isolated / depressed about working and moving forward. I’m also getting to a stage where I’m really sad that people haven’t reached out to either my husband or myself to send well wishes or provide support. It’s like they don’t know what to say or I make them feel awkward so they don’t bother…I’m trying to focus on a few that have been supportive but it’s hard…Any words of advice? 😞

like

Is it common practice in Singapore for firms to have a probation period for new joiners (duration at their discretion), during which new joiners can be fired at a week’s notice period?

like

Thoughts on what to get wife for her bday. Shes turning 30 and because of covid we cant do a big birthday bash like we were planning. She also got laid off b.c of Covid and has been in a bit of a rut and I want to make her feel better and have a great birthday. Shes an amazing wife and mom and I want her to have a great birthday. Appreciate the help fellow fish

like

I’m 1 year post-MBA and was just let go despite top performance results—firm is not acknowledging COVID layoffs, though. Given 5+ YOE w/background in tech sales could BizOps be a fit? TIA!

like

Blue shield of CA fired 375 people. Any other insurance companies having massive layoffs?

like

Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

like

Hello everyone. I have 9 years of experience in iOS development. I have worked in swift, react native, reactjs, blockchain. Was working a product lead. Got laid off last week. Looking for an opportunity.
Thanks in advance!

like

I am seeking new employment, I was recently laid off due to lack of work. I would very much appreciate any leads. I have a Bs in Construction Management and over 15 years experience with Revit and AutoCAD and 7 years of plumbing design. I have solid references and impeccable work ethic. I truly enjoy what I do. Working remotely the last three years has become a way of my life and supports our current situation well, therefore I am seeking a similar role but will consider other opportunities.

like

What are everyone's thoughts on resume services/coaching? I am a leader/exec that was laid off (first time) and have spent over 15 years in various roles such SVP Operations, Senior Director Product, VP Solutions, etc. at different companies.

I am struggling with putting my experience/qualifications on paper...

like

Ok so another FAANG has confirmed layoff this week. Amazon joining the layoffs group with 10k layoffs!!

like

Anyone been fired for stopping a thief at Apple?

like

I was informed today that my employment would be terminated at a tier-2 consulting firm in Toronto. The reasons for my dismissal are unclear and I would like to get legal advice on the termination agreement and severance package that was offered. Has anyone experienced a similar situation and can refer a good employment lawyer?

like

So my partner will be getting laid off 4/15. 🥺

Let the games begin, and may the odds be ever in your favor.

likehelpful

@PWC is worst company for freshers. They are force innocents to resign by themselves and threating then to not to mail anyone and not share this context to anyone worst company, if layoff means ok removing and threatening to not to disclose to anyone means the have lost every single moral. Don't fall trap in the brand name @PWC.

likefunny

More Posts

FRM is has narrow focus, demands depth, quick to complete

like

I'm currently of the humble opinion that your average CPA is essentially brain dead on the topics of strategic partnerships and reciprocal referral relationships.

like

What is the salary hike you aim for when negotiating compensation with a new company? I’ve talked to a few and ultimately passed because none of them are meeting the 30% increase I’m looking for. Are companies already starting to be stingy again or am I looking in the wrong place?

like

I'm a recovering engineer in consulting and want to learn more about finance. Are there any online programs that would also look good on resume? There are certificate programs by MIT, Harvard, Princeton, but not sure if they are worth the cost. TIA!

like

Hi,
I am working as Data Analyst. Now, I seen my interest towards Data Engineering.

Please help me to decide, Should I go with
Azure Data Engineer
Or
with Big Data Technology like Spark, Kafka, Hadoop, Sqoop, Airflow.

Suggest me some good course to start.

Thanks 😊

like

Hi guys, i have been working as a Data Engineer from past 7 years. I have mostly worked on MSBI stack and also have fair experience in PBI. Now that most of the companies are moving towards cloud based technologies, could you help me with the right pathway going forward for better opportunities.

like

New to the city.
How do you all get through the constant gray and gloom? Especially with the lockdowns: with gyms closed, and constant drizzle - what outdoor activities do you do?

like

First time poster here!

After spending 4 years as a mid-level ops manager, I tried to break into HR through talent acquisition. Now after 6 years in TA, I've had a hard time getting out of it. My goal was always to get into a more broad HRBP position, but I've since worked for smaller orgs without a solid HR career path. When I ask about my career goals, they keep telling me, "Soon!" Or "Maybe in 6 months!"

I'm testing SPHR in June. Any advice for securing the type of role I'm aiming for?

like

I finished up with final interviews on Monday. Is it a bad sign that I’m still waiting to hear back today? Don’t companies typically reach out almost immediately with an offer if they choose you?

like

I am going to start my new job with Big four next week. It is my first time working in big four. I have been working in the boutique public accounting firm for so many years. Any suggestion?

5th year/new manager in audit. Any tips on how to be a successful as a manager?

DM me for a referral!

Post Photo
like

Recently found out a hiring manager was bragging to a bunch of people at the company about getting me to accept an offer for a must cheaper rate than he expected. He was let go soon after. Justice? Not sure..

likeuplifting

Any insights on on-site opportunities in capgemini?

like

Does LTI not send welcome goodies to all employees ? I just got laptop, charger and bag😐

likefunny

Larsen & Toubro Guys how is RealmeBook slim core i5?
Is it worth buying?

Capgemini Newco Tata Consultancy Accenture Infosys Larsen & Toubro Simeio Shell NTT DATA

like

Other than Medtronic, which med device companies would you consider the cream of the crop?

like

I need it until the end of the day. Tks

Post Photo
likefunnysmartuplifting

I am so nauseous and have been eating straight carbs for over a week now.. Any healthy lunch/breakfast ideas that would be easy on my stomach?

like

Additional Posts in Tech

Can you really learn a language properly with Duolingo? To the point in being able to use it professionally? I feel like it's no rival to Rosetta Stone in that regard.

like

I am a Customer success manager, I now want to go in product, its a dream job for me Product Manager.

Where shall i start?
What certifications?

like

Hey everyone, I have been posting about TikTok vs Cepheid about which job offer to take and I have started my first few days at Cepheid biotech and I love it so far. Flexible start/end times, interesting work, great WLB, job security, and career growth is all there! Thank you to everyone who helped me hear different perspectives about two different companies and career paths. Thanks guys!!

likeuplifting

How easy is it to move from an investment bank firm to a tech company?

like

Amazonians: is Amazon corporate totally freaking out about that center in Staten Island that unionized? Unions could kill Amazon.

likefunny
likehelpful

My company is looking for a content management systems that will help manage blog creation, and can be used to assign and monitor progress of completion for blogs. Does anyone have any suggestions?

like

If you've worked at multiple FAANG companies, what's your secret?

like

What does a 30% travel requirement mean in a job description? How often do they expect the candidate to travel ?

like

Is 130k and 10% bonus a good renumeration for senior software developer in Toronto area?

like

Offer included temporary housing and moving expense reimbursement…it’s been a month since I began working and 2 months since I started moving but still no reimbursement…should I escalate this? How long is too long?

like

Anyone at Meta willing to help with a referral. Found a req Im interested in and would greatly appreciate the help!

like

I have a coworker who keeps spouting comparative odds and situations in regards to the safety of the vaccine. Such as: you're twice as likely to get hit by lightening than have blod clots from JJ. It's very annoying and I find it to be really inapprorpriate, maybe because it's pushy or just I find these comparative things to be a bit irrelevant. How does one handle something like that? Can you shut the person down without starting a spat?

like

Virtual team building ideas?

like

You did an interview and your interviewer apologized that the travel time 180minutes was much higher than 30minutes scheduled time for the interview and that It could have been done remotely, but she has to follow the process. I am still waiting for feedback though.

Is this just a humane demonstration?

like

I've been approached about being an expert consultant. Has anyone done this before? I'm interested to hear people's experience.

like

I feel like my boss never joins my working call with my stakeholders, is this normal in big tech, like they don't have time to sit in the same meeting with you to understand and course correct your working styles? Like I am supposed to take the whole lead from day 1 independently.

like

Have you been able to spend more time with your kids during the pandemic? How?

like

Anyone who is an SDET? How much coding do you do?

like

Serious question… if I am interested in becoming a CTO/CDO one day, what should I do for the next 5-8 years to prepare for this? Are there specific roles in tech that prepares you for a CTO role? I am currently in sales engineering with over a decade in consulting experience.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal