IBM wafts stat minimum redundo terms under noses of Global Tech Services staff

www.theregister.co.uk | 6/28/2019 | Staff
urbanpatrioturbanpatriot (Posted by) Level 4
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IBM has fired the starting gun on voluntary redundancies for UK staff working in the Technology Support Services (TSS) unit of the Global Technology Services division (GTS). The number it is looking for? Ten.

Big Blue confirmed on 7 June that globally it will chop 1,700 heads across multiple divisions.

Cost - Purge - TSS - Register - Month

The latest cost purge, for TSS at least, seems more gentle than some may have expected: The Register revealed earlier this month that IBM's European Works Council had warned of "significant workforce balancing" across the region.

The EWC had said IBM UK and Ireland, plus operations in DACH countries (Germany, Austria and Switzerland) were to be hit hardest by the redundancies. It added that Watson Health, Cloud and GTS were the divisions where the layoffs will be "felt mostly".

Dave - Walsh - UK - Ireland - Director

Dave Walsh, UK and Ireland director of TSS, confirmed the "voluntary separation" scheme for GTS folk in a memo that was sent yesterday.

"Under this programme, IBM will offer employees the option to leave IBM with a cash payment, which will allow the company to meet business objectives while providing a financial transition benefit for employees. I would urge you to give it careful consideration," he said.

Carrot - Payment - Redundancy - Terms - Period

The carrot? An ex-gratia payment that equates to statutory redundancy terms; a 12-week notice period of worked notice; and the potential to pay for an additional pension contribution from ex-gratia payment.

For those who put their hands up, IBM said it will pay solicitor fees of up to £500 inclusive of VAT, and will...
(Excerpt) Read more at: www.theregister.co.uk
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