IBM scraps rewards program for staff inventions, wipes away cash points | Big Blue staffers aren’t pleased to lose out on potential bonuses

L4sBot@lemmy.worldmod to Technology@lemmy.world – 335 points –
IBM ends inventor reward program, cancels points for patents
theregister.com

IBM scraps rewards program for staff inventions, wipes away cash points | Big Blue staffers aren’t pleased to lose out on potential bonuses::Big Blue staffers aren't pleased to lose out on potential bonuses

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What do you mean by that? Aren't IBM the gleaming gold standard of ruining your market dominance with idiotic management practices and investor-driven shortsightedness?
If anything, I am surprised they still had schemes that incentivise employees by distributing some form of equity

IBM is what a company that survived crossing to the other side of the enshittification fence looks like. They are profitable, for sure, but they have nothing of value to offer to an actual human being. They only speak corpo and their only semi-amiable relationships are with other corporate entities via contracts, negotiations, arbitration, and lawsuits. It's functionally and physically incapable of communicating, offering a product or relating with an average real person, for they haven't known what that is in at least three decades.

IBM has always been a business-to-business. Their name literally comes from International Business Machines.

I suppose the several IBM PCs I owned in the 80s and 90s were all just hallucinations. Useful hallucinations though, they taught me to use DOS and to program in BASIC.

I don't think I claimed they don't do consumer stuff but business stuff has always been their core business.

IBM wasn't interested in PCs, and they were already enshittifyjng by then.

A company is not necessarily limited to the activities implied by its name.

Did I say that? OP complained that IBM has become so business oriented recently, but that has always been its core business.

It's what it sounded like and I'm not the only guy who saw it that way ¯\_(ツ)_/¯

That just means more than one people jump to conclusions

They began that way, then they branched into personal computation when that became a thing. Then they took a machine gun to their feet in that market

It’s was too much hassle for too little profit. Their bread and butter is having regular people not remember they still exist.

Exactly this. The effort of selling one z Series is not one million times higher than selling a laptop, but the profit is.

Aren’t IBM the gleaming gold standard of ruining your market dominance with idiotic management practices and investor-driven shortsightedness?

Honestly, when I think "IBM", I can't help but think of the company that built the industrial accounting machines for the Nazis back in the 1930s.

I expected more from a renowned company, rookie mistake I guess.

They went shitty decades ago.

I'd say at best the PC wars is a good demarcation, maybe even before then.

The Original Macintosh was an attack at how shitty IBM was.