Pros
Was "sold" along with the rest of US IBM support team to Persistent Systems with the promise of 13 months base contract with the possibility of staying on longer as new business was generated. Same pay as when I was an IBM'er. Really good benefits package.
Cons
Persistent did abosolutey nothing to aquire addiional business needed to extend out contract. In the end it looks like IBM unloaded their expensive US support team to Persistent who never had any intention of doing anyting except doing away with our expensive salaries. Out of around 50 US employees they are keeping 5 people and those people are managers. Since March of 2023 I went from being an IBM'er with 20+ years working at IBM to unemployed contractor on 4/15/2024. It's sad really. Not 1 person deserves to be laid off due to performance. This was always just a cost cutting project. They even had us train our replacements. I had a job offer to leave the group for a TAM job at IBM, for which I would still be an IBM'er now if I had taken the job offer in early 2023 but they offerred me a dream job to stay in support, all the while knowing what they were going to do. Pretty despicable stuff.
