We are doing better than most of our competitors and most of the groups are money makers here - I am not sure what's going on on the HW and SW side, what R&D is doing or whoever - when it comes to GBS we are still the leading consulting company in the world and nobody has might, experience and scale that's even close to IBM. No layoffs now, we do take care of our pyramid and skills alignment.
So, for the folks who are claiming that we are about to approach the end of the world, I have a message: FIND YOURSELF A DIFFERENT BOARD.