Thread regarding IBM layoffs

@1xyz,
Very true, but the country did that with a president for 8 yrs because it was a feel good PC moment.
Even if she's replaced they will search for the next minority because they are wrapped up with PC.
It's a sickness

Ginni is a product of her mentors Sam believed in services (outsourcing and consulting). Ginni doubled down on that and the results speak for themselves. She proved incapable of understanding where the marketplace was (technology wise), where it was going (cloud and Linux wise), or how to get there. In addition to the two major misses cited in the article

1. Losing cloud to a book e-tailor
2. Losing AI and accelerators to a game player

She had a third major miss via exiting the Intel market place with no viable replacement just as every major ISV was switching to LINUX. Essentially she bet the HW division and IBM’s technology reputation on that exit. It proved disastrous in that Intel filled the ISV void and helped the ISV’s migrate to LINUX on Intel.
The result of those misses has been 24 billion in revenue decline during a 30% per year growth phase, BUT even more importantly a wandering in the wilderness for IBM’s technology. There was no focus or strategic direction given. IBM finally threw in the towel last fall by announcing the purchase of a new strategy (Redhat). Make no mistake, this was buying a “new” strategy for IBM as all of the old strategies have failed. It will be executed over the next two years. Redhat projects will slowly absorb IBM projects, and legacy IBM’er will either get absorbed or be let go. In conjunction with that, expect a co-CEO to be named quickly with the responsibility to restructure IBM including the board and executive management team over the next year or so. The restructuring in general will focus around the 4 core pillars of IBM. Cognitive will be Redhat Services will absorb the biggest changes in that outsourcing and consulting will be refocused into “enterprise cloud implementation offerings” and finally HW will center on Z15 with Power and flash being Niche players in the division. The restructuring will be brutal, and IBM will have to shrink by approx 1/3. Yes it will hurt, but the alternative is even worse.

Whoever replaces her will have to make some very difficult and painful decisions. The days of relying on the mainframe upgrade cycle, database and middleware sales, and huge IT outsourcing deals for services are coming to an end. If IBM wants to be a high growth Cloud and AI company that competes with Google/Amazon/Microsoft it needs to first get down to about a third of its current size by jettisoning a bunch of legacy businesses and then make some massive investments. Hard to see how that's possible when all your cash flow is going to pay the dividend and the dividend is the only thing propping up the stock.

This is what you get, IBM wanted a woman to lead them, but they did not go out and find the right one, anyone would do so they could say .. hey look at us.. we have a woman leading a big tech giant .. you need to pick the best person for the job, not one that fits your PC world. .if you pick the one that fits your pc world then you get what you see now happening at IBM

It is a shame what she has done to IBM. Way past her prime and time for her to go.