Highlights

  • IBM Managers Must Relocate or Leave Amid Remote Work Changes.
  • CEO Krishna Prioritizes In-Person Work, Promotions Tied to On-Site Presence.

Latest news

Richard Lewis, comedian and star of 'Curb Your Enthusiasm,' passes away at 76

Richard Lewis, comedian and star of 'Curb Your Enthusiasm,' passes away at 76

Texas battles second-largest wildfire in its history

Texas battles second-largest wildfire in its history

Ghana passes anti-LGBTQIA bill, imposes harsh penalties

Ghana passes anti-LGBTQIA bill, imposes harsh penalties

Watch: father, son set JCB on fire during demolition drive in Bengaluru

Watch: father, son set JCB on fire during demolition drive in Bengaluru

Himachal minister Vikramaditya Singh puts resignation on hold hours after quitting

Himachal minister Vikramaditya Singh puts resignation on hold hours after quitting

Train runs over people on railway tracks in Jamtara, 2 killed

Train runs over people on railway tracks in Jamtara, 2 killed

Christian Horner to stay on as Red Bull chief after being cleared of alleged misconduct

Christian Horner to stay on as Red Bull chief after being cleared of alleged misconduct

'A really important moment for F1', Lewis Hamilton on allegations against Red Bull boss Christian Horner

'A really important moment for F1', Lewis Hamilton on allegations against Red Bull boss Christian Horner

IBM mandates managers to relocate near office or depart in remote work shift

IBM enforces relocation for managers, emphasizing in-person work; CEO links promotions to on-site presence. Company expects job cuts amid positive Q4 results

IBM mandates managers to relocate near office or depart in remote work shift

IBM has issued a sweeping directive to its US-based managers, instructing them to either relocate near an office or leave the company. In a memo dated January 16, Senior Vice President John Granger mandated that all US managers must report to an office or client location at least three days a week, regardless of their current work location status. Badge-in data will be monitored to assess individual presence, with the information shared with managers and human resources.

Employees working remotely, excluding those with exceptions such as medical issues or military service, are required to move near an IBM office by the start of August. This generally implies relocating within a 50-mile radius, according to an anonymous source familiar with the corporate policy. Managers who refuse to relocate and cannot secure an approved remote role are faced with the ultimatum of leaving IBM.

The move is part of IBM’s commitment to balancing flexibility with face-to-face interactions for increased productivity, innovation, and better client service. CEO Arvind Krishna has consistently emphasized the importance of in-person work, stating in a May 2023 interview that promotions will be scarcer for those not on-site. Some teams within IBM had already implemented office attendance requirements.

IBM, known as Big Blue, has undergone strategic shifts in recent years, focusing on software and services while divesting various businesses. The company reported positive fourth-quarter earnings last week, resulting in its best stock performance in almost four years. However, IBM expects job reductions this year, with CFO James Kavanaugh stating that restructuring spending will be similar to the previous year when 3,900 workers were planned to be cut.

The return-to-office mandate by IBM is reflective of a broader trend seen across various industries, with companies tightening rules as the job market evolves. Tech giants like Amazon and AT&T have also mandated remote workers to relocate. Despite such directives, office attendance across major US business districts has remained relatively stagnant, hovering around 50% of pre-pandemic levels, as per data from Kastle Systems.


Up Next

IBM mandates managers to relocate near office or depart in remote work shift

IBM mandates managers to relocate near office or depart in remote work shift

Reliance Industries and Walt Disney announce joint venture, RIL to invest Rs 11,500 crore

Reliance Industries and Walt Disney announce joint venture, RIL to invest Rs 11,500 crore

Sunil Bharti Mittal receives honorary Knighthood from Britain's King Charles III

Sunil Bharti Mittal receives honorary Knighthood from Britain's King Charles III

No impact on merchants' trust on Paytm even after RBI's action: Survey

No impact on merchants' trust on Paytm even after RBI's action: Survey

After SEBI, mutual funds body writes to fund houses to protect small and mid-cap investors

After SEBI, mutual funds body writes to fund houses to protect small and mid-cap investors

Startup to Scaleup: Spotlight on The Hosteller, the game-changer in backpacking hostel space

Startup to Scaleup: Spotlight on The Hosteller, the game-changer in backpacking hostel space

More videos

Markets crash: Sensex, Nifty fall over 1%; heavyweight selling in Reliance Industries and bank stocks

Markets crash: Sensex, Nifty fall over 1%; heavyweight selling in Reliance Industries and bank stocks

Kellogg's CEO sparks outrage by proposing 'Cereal for Dinner' to save costs amid rising prices

Kellogg's CEO sparks outrage by proposing 'Cereal for Dinner' to save costs amid rising prices

Nita Ambani likely to be chair of the board of merged Reliance-Disney entity: Report

Nita Ambani likely to be chair of the board of merged Reliance-Disney entity: Report

Apple scraps electric car project after decade-long effort: Reports

Apple scraps electric car project after decade-long effort: Reports

Housing prices rise about 20% in two years; Bengaluru witnesses highest price rise of 31%

Housing prices rise about 20% in two years; Bengaluru witnesses highest price rise of 31%

GDP for Q3 FY24 forecast to be 6.8%: SBI Ecowrap

GDP for Q3 FY24 forecast to be 6.8%: SBI Ecowrap

Sony to cut 900 jobs in PlayStation division amidst industry shifts

Sony to cut 900 jobs in PlayStation division amidst industry shifts

March 2024 bank holidays: Important dates to note for financial planning

March 2024 bank holidays: Important dates to note for financial planning

Gold, Silver Price Today February 28, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Gold, Silver Price Today February 28, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Gold, Silver Price Today February 27, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Gold, Silver Price Today February 27, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.