This news item immediately caught my attention, since a data breach in 2007 at IBM Inc. was the original inspiration for this blog. And the tech company had another breach in 2009. The company has struggled against other tech companies.
Earlier this month, IBM completed a blockchain trial with Westpack and ANZ. According to Yahoo News and Zacks Equity Research, blockchain:
"... is a kind of distributed database and works as an online ledger that cannot be altered or breached easily. The use of such technologies in the banking and finance sector is aimed at reducing the possibility of losing valuable data as well as minimizing the rate of cybercrime in the finance industry.
Notably, IBM is one of major players in the Blockchain market. This is the second significant deal for the company in this technology space..."
The reporters at ProPublica seek input from former IBM employees who left the company during the last few years. Why? The computing and technology company has:
"... been upending its workforce, often with painful results for longtime employees. According to one estimate, IBM’s U.S. employment, which peaked at 230,000, had dropped to about 70,000 by mid-2015, largely the product of layoffs and retirements. And six weeks ago, IBM told thousands of its telecommuting employees to start reporting to particular offices, which in many cases would involve long-distance moves. That, or resign. As a result, hundreds, perhaps thousands, more IBMers are leaving the company.
IBM has long been a corporate leader in employment practices. That means the way it treats its employees speaks volumes about what lies ahead for working people everywhere. But IBM executives won’t tell their workers or the public how many people are leaving this year. They refuse to provide the numbers for 2016, 2015, or 2014 either, to explain the logic behind who gets tapped to go, or exactly how the departures fit into a larger strategy.
We’re asking you to help us get the numbers and, with them, answers."
Former IBM employees interested in providing input should complete this brief questionnaire at the ProPublica site.