Thread regarding IBM layoffs

IBM Turnaround Questioned on Slower Growth of New Businesses

Rometty reversed the trend of revenue declines late last year, though that boost wasn’t fueled as much

by new businesses as by cyclical demand for more-traditional mainframe computers. Investors are

watching closely for gains in newer software and services to support growth when the bump from

hardware sales fades. In the meantime, Rometty has shifted thousands of jobs outside the U.S. and

reduced costs.

Shifted!? And also shafted those here in the U.S. who were previously doing those shifted jobs.

https://www.bloomberg.com/news/articles/2018-04-17/ibm-sales-buoyed-by-weaker-u-s-dollar-shift-to-new-businesses

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| 1215 views | | 2 replies (last April 18, 2018) | Reply
Post ID: @OP+SKdWuCt

2 replies (most recent on top)

I like how they won't answer questions, from analysts. https://www.bloomberg.com/news/videos/2018-04-18/slowing-cloud-growth-casts-shadow-over-ibm-s-turnaround-video

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Post ID: @fdj+SKdWuCt

How did you indent?

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Post ID: @bus+SKdWuCt

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