No Pay Cuts!
As IBM ended 2007 with a record cash balance of $16 billion and Billions more in profit over several years due to the hard work, dedication and sacrifice of its employees, we the undersigned as employ... continue reading »
"I think this deserves greater coverage in the press. I urge everyone to send an anonymous tip into www.drudgereport.com linking to an article on this. IBM is choosing to put all it's stock in the financial bottom line to appease Wall Street, and the one t"
"Why cut our salary. It would be less illegal to give us a package at our normal salary or at least give us 2-3 months to find another job in another organization!"
"We should all get the same percentage rate increase and bonus percentage that Sam gets..."
"The pay cut will cause serious financial hardship to all now or eventually after OT is reduced. Please unite and sign to help your fellow IBMers who will be devasted by this cut, myself included."
"I used to work there. I know how you feel."
"We have all been degraded"
"BIG black n BLUE"
"Simple fairness and logic would dictate that pay cuts should be in proportion to increases in total compensation over some time period, e.g. last 5 years. Those who have experienced the largest increases should be required to endure the largest givebacks."
"At the 15\% rate, they are taking money I earned from the previous company."
"Since it seems as if we were hourly to begin with, do we get back pay for all of the past overtime?"
"Ouch!"
"As a spouse of an employee who is affected by this cut I am amazed at a company's ability to tell their people that you will be fine but we have to take you back 3 years by cutting your salary. As hard as my husband works and as many calls as we get at th"