IBM has become such a dysfunctional relic that the most merciful thing left is for the company to sell itself to someone who actually knows how to run a tech business. Years of clueless leadership, bloated acquisitions, pointless reorgs, and nonstop layoffs have turned the place into a slow-motion train wreck where innovation goes to die and the employees who keep the lights on get punished for it. IBM isn’t “transforming” — it’s circling the drain. A sale might be the only shot this dinosaur has at survival.
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@jg and Alvind continued the train wreck and the bare faced lies about AI and Quantum.
I can attest. All the comments are correct, this place is rotten to its core.
Its management & leadership team are out to sea, none have the skills or abilities to rebuild anything.
Ginny completely wrecked the company
Done, market is crashing anyway perfect time to sell. Only problem is that we're trapped into the stock purchase plan til the bitter end. Not sure about the final paycheck probably forced to still purchase shares for that too.
Ginny had 22 qtr in a row of declining revenue
She made over 100 million
Then she gets another 21 million as a retirement package
Alvind made 87 million this year
That will be at least 100 million next year
Kavanaugh will get a bigger bloated perk package next year also
IBM is like an old person that has accumulated too much fat on its body. It can no longer move and be nimble. We witnessed its fall over the years.
No one at IBM currently wants to take the risk and create. Mediocrity is prevailing.