ibm watson health layoffs

7. A thread on The Layoff included a comment from an anonymous poster saying the GTS and GBS teams will shrink by 40 per cent and 25 per cent respectively. Last month, I reported on a wave of IBM layoffs hitting U.S. facilities. It must be said that IBM Watson has not delivered the results that IBM expected, thus raising the question “why did IBM Watson … ®, The Register - Independent news and views for the tech community. Archived. 5. IBM is laying off some of its Watson Health employees, but it may not be quite the "bloodbath" that online commenters and several other news reports have made it out to be. In recent years, the company has been making international headlines in applying it to health care. According to industry analysts, a critical element for secure hybrid multicloud environments is the storage infrastructure. Other obstacles arose from within the company. More articles on health IT:Mayo Clinic sees 80% increase in breast cancer clinical trial enrollment with IBM Watson's clinical trial matching systemUN partners with IBM to use AI, cloud, blockchain for disaster reliefIBM bans employees from using flash drives, SD cards: 4 things to know. Highlights on this story: Watson is IBM’s "Jeopardy"-winning artificial intelligence platform. "It's like having great shoes, but not knowing how to walk -- they have to figure out how to use it." Although IBM claimed Watson Health was performing fine and the layoffs were attributed to normal post-acquisition restructuring, the former employees tell a different story. Watson's Insight: Among TEs projected for at least 10 points this week, Hurst's ceiling-over-expectation percentage of 41% leads the way. STAT spoke with a number of former IBM Watson Health employees, who revealed the company's faulty structure fostered systemic problems including internal competition and redundancies, and also set unrealistic expectations for developing data analytics in healthcare. IBM has acknowledged that layoffs have hit its Watson Health segment, but said it's a small percentage – not the massive numbers that have been circulating on various media outlets. The layoffs at the end of May cut a swath through the Watson Health division. Posted by 2 years ago. One of Massachusetts' largest technology employers has confirmed layoffs: IBM. Deshaun Watson is a fantastic quarterback, but it’s not like the Texans are great in any other way. IBM (NYSE:IBM) has reportedly laid off 50% to 70% of the workforce at its Watson Health operation, primarily at recent acquisitions for which Big Blue paid at least $3.6B. “IBM Watson has great AI,” one engineer said, who asked to remain anonymous so he wouldn’t lose his severance package. For instance, a May 25 story in Crain’s Cleveland Business quoted one former employee of IBM Watson’s Cleveland office as saying that “dozens of local employees” at the unit previously known as Explorys. The layoffs at the end of May cut a swath through the Watson Health division. IBM confirms layoffs in Watson Health. The Watson Health layoffs are part of an effort to “re-position” the business unit’s focus, he added. The whisperer added IBM even looked at cutting its storage and POWER systems businesses loose, and that some of the cuts are to reduce overlaps between IBM's teams and those of recently acquired Red Hat. Nearly three years after its launch, hospitals using Watson for Oncology said it was biased toward American treatments and struggled with learning different types of cancer. © Copyright ASC COMMUNICATIONS 2020. A thread on the Watching IBM Facebook group, which tracks layoffs at the biz, mentions a reduction in headcount within cloud and cognitive software teams and Watson health. "There was a lot of internal friction," one of the former employees told STAT. Fallbeispiele zeigen, wie Gesundheitsdienstleister innovativer und transparenter werden: durch die Cloud, Daten, künstliche Intelligenz und reibungslose Zusammenarbeit. Epic claimed IBM was infringing on its intellectual property by leveraging those databases. Reprints. Some of IBM Watson Health's products, like Watson for Oncology, failed to live up to the hype. The recent layoffs do not appear to signal any pullback from IBM’s commitment to AI and its Watson Health division. Watson team and Silicon Valley Labs not immune this time Photo: Carolyn Cole/Los Angeles Times/Getty Images. A spokeswoman for IBM said the company has maintained a "strong, collaborative relationship with Epic," and Epic noted IBM joined an Epic data service that helps third parties develop applications via its data models. Indeed, some posts were made by staff who recently completed certifications on major cloud platforms but were still let go. I … IBM's Watson Health wing left looking poorly after 'massive' layoffs IBM has laid off approximately 50 and 70 per cent of staff this week in its Watson Health division, according to inside sources. Other sources, though, say cuts have been made in some of the US corp's cloudier businesses. Close. IBM Layoffs 2018 Update: Watson, Cloud, Sales Staff Cuts by Joe Panettieri • Mar 29, 2018 IBM CEO Ginni Rometty IBM underwent more layoffs this week, including Watson, cloud and sales staff cuts in the United States and Europe, according to multiple reports and a Facebook page for IBM employees that is not affiliated with the technology giant. The Watson Health layoffs are part of an effort to “re-position” the business unit’s focus, he added. IBM Watson Health general manager Deborah DiSanzo did not respond to a request for comment. By Lauren Ohnesorge – Senior Staff Writer, Triangle Business Journal . Even Indian workers weren't spared the axe. The axe, we're told, is largely falling on IBMers within companies the IT goliath has taken over in the past few years to augment Watson's credentials in the health industry. Part of Situation Publishing, Biting the hand that feeds IT © 1998–2020, Also hosed out many Datrium staff on day one. Interested in linking to or reprinting our content? In 2016 IBM doubled the size of its Watson Health business through the $2.6 billion acquisition of Truven Health Analytics. IBM Watson Health general manager Deborah DiSanzo did not respond to a request for comment. May 30th, 2018. IBM's workforce decisions are in the interest of the long-term health of our business. IBM hasn’t filed a mass-layoff notice under the Worker Adjustment and Retraining Notification Act in North Carolina, Texas or Ohio. June 11, 2018. "IBM Watson has great AI," one engineer said, who asked to remain anonymous so he wouldn't lose his severance package. 5 Comments. IBM has acknowledged that layoffs have hit its Watson Health segment, but said it's a small percentage – not the massive numbers that have been circulating on various media outlets. 1. Copyright © 2020 Becker's Healthcare. Even more widely, Watson’s business performance was less than optimal. r/IBM: This subreddit is not an official IBM subreddit, it is available for employees, new-hires, candidates, and the public to discuss the company … Press J to jump to the feed. The technology services firm confirmed an undisclosed number of cuts at … IBM Watson Health is apparently making massive cuts to its staff, in a move suggesting that its healthcare AI isn’t working. In an emailed statement it called Watson Health a " product that we are improving every day in … Some employees at IBM Watson Health, which has an office in Cleveland, said they were affected by the wide-reaching layoffs. When IBM introduced Watson Health , it already had a group of employees working with healthcare clients using its own secure cloud to store data, two former employees told STAT. Erfahren Sie, wie Sie geschäftliche Anforderungen im Gesundheitswesen mit IBM Watson Health angehen. Click here to access the complete STAT report. IBM Says Watson Health Layoffs Affect 'Small Percentage' of Workforce IBM on Thursday denied recent reports that more than half of its employees at its Watson Health business were laid off. Now the engineers who had been let go allege that the move shows that difficulties IBM is facing in turning its AI into a profitable business. HMT Mag. Pros. According to anonymous accounts submitted to the site Watching IBM, the cuts primarily affecting workers from three acquired companies: Phytel, Explorys, and Truven. “It’s like having great shoes, but not knowing how to walk—they have to figure out how to use it.” The layoffs at the end of May cut a swath through the Watson Health … In an emailed statement it called Watson Health a " product that we are improving every day in … 24. Whole departments of the Global Technology Services (GTS) wing were let go on a single day, and the Global Business Services (GBS) team has also been hit hard. "IBM is continuing to reposition our team to align with our focus on the high-value segments of the IT market. by Rick Smith — May 25, 2018 RESEARCH TRIANGLE PARK – IBM is laying off employees in its high-profile Watson Health group, and workers in the … IBM hasn’t released the total number of Watson Health employees laid off in May, but the Phytel workers estimate that at least 300 people were given notice at their company, Explorys, and Truven. One IBM staffer of The Register's acquaintance described the action as a further "pivot" towards the cloud, and that their role in the off-prem side of the business left them feeling well positioned. Coupled with the company's failure to combine their newly acquired companies and align their cultures and operations, IBM was laden with duplicative products and services in a way that was all but cost efficient. IBM Says Watson Health Layoffs Affect 'Small Percentage' of Workforce. The former employees also claimed Watson Health's various business units were too focused on their own growth, which discouraged collaboration. 38 IBM Watson health jobs. 10. IBM (NYSE:IBM) has reportedly laid off 50% to 70% of the workforce at its Watson Health operation, primarily at recent acquisitions for which Big Blue paid at least $3.6B. Highlights on this story: Watson is IBM’s "Jeopardy"-winning artificial intelligence platform. Ben Hider/Getty Images. Kavanaugh also detailed that GTS revenue had dropped 6 per cent year-on-year, and GBS revenue was flat, while Cloud & Cognitive Software sales were up five points. At the time of writing, IBM has not made any regulatory filings to explain the layoffs. "There were two products that did exactly the same thing, that were being sold by two different parts of the company, that had two different development roadmaps.". $ 244 million business in 2015 to $ 5 billion by 2020 more posted by employees! 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