Thread regarding IBM layoffs

Take IBM (IBM). It has combined share buybacks with tax gimmicks, capability-crippling outsourcing, unsustainable work pressures, relentless cost-cutting, automatic culling of staff, fading technical expertise, strengthened bureaucracy, acquisitions ahead innovation, and reliance on financial incentives, and has committed to doing so over two successive five-year period. The result is sagging staff morale, an imploding business model, a cloudy future strategy and systematic destruction of long-term shareholder value