Thread regarding IBM layoffs

@c8

AK is not Welch (by far) - and I never admired Welch... I actually consider him from the generation of CEOs that started to ruin the American corporate culture.

But AK is so mediocre and there's nothing positive about him that comparing him to Welch is not even a thing.

Under Welch, GE Capital ballooned, masking weaknesses in GE’s core businesses. That house of cards made the company look unstoppable in the 80s and 90s but left it fragile and overextended.

Sounds like what Alvind is doing

@ae

thing” through acquisitions rather than doubling down on its strongest businesses, which created integration challenges, culture clashes, and layers of complexity. While some acquisitions helped, many didn’t deliver the expected synergy or growth, and the result was a company that struggled with identity, efficiency, and market relevance.

In short, just as GE lost its edge by spreading too wide and losing sight of its strengths, IBM risks the same trap if acquisitions and reorganizations don’t align tightly with a clear, focused strategy.

@ae

GE Appliances is in name only. They are now owned and may be Haier.

https://www.geappliances.com/haier/

GE is still a thing. Products still sold at any major retailer. Jack Welch kept it alive with his strategy. IBM was a thing and don't remember any CEO names. D-mbest posting analogy old timer. And I didn't know they still sell desktops

IBM stock down 40% over last month. Pays pitiful 2.8% dividend yield. Daily threats about hit a number or get PIPd. Threats to move to some office or get RA'd. If you are a white straight male over 35 you have a number on your back. I just watched an IBM newbie try and use a whiteboard to draw some cloud bubbles for some software nobody uses and she had to keep looking out of the corner of her eye at a cheat sheet to make sure she was doing it right. It was beyond embarassing and she felt it was worthy of 1B LinkedIn users to painfully watch? Such is the state of IBM new hires. Age, race, gender, skin color. That's it folks. Also it seems a new sales "tactic" is to use LinkedIn and just blindly tell people they are doing something at TopGolf in Miami and any and all are welcome?! Can somebody say total waste of time and money? And they all su-k at golf! Fo-e!