IBM chopped 100,000 people who then told another 100,000 people ...
This post made me think. That's 100,000 people, who, at various times in their careers, were supremely dedicated to making IBM successful.
As markets changed, IBM's response should have been: "Thanks for the commitment. Let's work together to enhance your skills and then leverage your unique experience to kick some a$$!". Instead IBM continually says: "Thanks for coming out. Don't let the door hit you as you leave."
Why should any employee be loyal under these conditions? It is not the same people posting to this forum all the time. It's the same story being shared hundreds of thousands of times.