Thread regarding IBM layoffs

IBM Sales Miss Shows Return to Growth Not Without Roadblocks

Read the article, but also be sure to watch the ~4min. video on the right-side --> lots of discussion about previous, current, & potential (certain. . .) future headcount reduction.

https://www.bloomberg.com/news/articles/2017-04-18/ibm-misses-estimates-in-20th-straight-quarterly-revenue-decline

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| 671 views | | 1 reply (April 19, 2017) | Reply
Post ID: @OP+MSsoFSU

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"Even as she has shed units to cut costs and made acquisitions to bolster technology and sales, the legacy products are still a drag."

So then it's now patently obvious what the strategy is for "legacy products" (mostly, IBM Systems), or at least some/many units within it: time to get them even leaner and hit them with the price gun so as to attract potential buyers: hardware divestitures imminent!

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Post ID: @ucv+MSsoFSU

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