Thread regarding IBM layoffs

IBM Brand Value Collapses 19%

http://247wallst.com/technology-3/2016/10/05/ibm-brand-value-collapses-19/

"The failure of IBM's turnaround continues to smother the business. IBM's shares are off 17% in the past two years, against a 9% improvement in the S&P 500. IBM's revenue in 2011 was $106.9 billion. In 2015, the figure fell to $81.7 billion.

IBM continues to promise an improvement in its results. It has placed bets on cloud computing and artificial intelligence products and services. However, there is no evidence that these strategies are working well.

Management's description of its progress has been particularly cryptic and has lacked hard numbers."

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| 1102 views | | 2 replies (last October 13, 2016) | Reply
Post ID: @OP+JPmHWzM

2 replies (most recent on top)

You may also want to check out the employee satisfaction ratings that Glassdoor publishes - IBM has been sliding every year since GD started publishing it. Compare IBM to some other players in the industry (Accenture on the services and MSFT on the Sofware side) and you will notice how much worse IBM is.

So, it's not only and industry trend that's causing it - it's also gross incompetence, ignorance, greed and poor strategic insight of the executive lineup that's making things worse

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Post ID: @1pee+JPmHWzM

Tell us something we dont already know. These reports are starting to sound as

Redundant as the 2016 RAs..

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Post ID: @jfo+JPmHWzM

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