All she did was announce losses - so, is it time for her to go? Long overdue?
14 replies (most recent on top)
Not soon enough
She will be IBM CEO for
Life. Nothing to blame her.
She is doing what exactly supposed to do .
Stock price bound to keep going down as RH purchase will prevent Ginni from managing earnings with the constant buybacks. Another quarter or two and she will be out.
In sales you go on a PIP if you miss two calendar halts in a row. Given the timing of large deals you could make your number for two years and get fired for poor performance.
You cant fire a female CEO, she will be allowed to continue to run the company into the ground as long as she wants. Look at yahoo's Marissa Mayer, they pretty much destroyed the company, everyone stood by and watched.
"according to Glassdoor, she is not all that loved by her employees"
Even the IBM trolls on Glassdoor can only get her to "not all that loved". We know the real word.
Well that’s going to leave a mark ehhh. They do ask the fundamental question though IBM board do you have an answer
@2mam highlights a huge problem that Ginni has created-
By forcing people out on bad terms (1month severance regardless of tenure) she creates resentment toward IBM. Most people go on to work at other companies and take this resentment with them. I have personally witnessed ex-IBM staff move to clients of mine and our contracts are terminated immediately (if possible per the terms), or not renewed (if immediate termination is not possible). Regardless of performance, I have seen this happen. We are then completely shut out from those clients. She is single-handedly to blame for IBM’s decline which I have witnessed to be irreversible.
IBM tried to get me to quit 3 years ago. It worked. I left to work for a competitor. Better job, higher pay and consistent wins against IBM.
From my new perspective, I have become a fan. She makes my job easier every day she stays.
Go Ginni Go. If you don't retire, I can sooner.
If Ginni were a regular employee, she would have been on a PIP and RAd years ago. The hypocrisy is absolutely amazing. She is totally shameless.
I am stunned that IBMs board has been so irresponsible in its duty to the employees and stock holders. First all we heard was "stock holder value" above all else.. as employees were laid off to hold the stock price- now.. we dont even have that. Ginni has failed both the employees and the stock holders and has done so for more than 20 quarters. When will it end.. its insulting already. If Ginni had any character at all she would resign.. quickly
She makes her bosses money. Why would they release her? Of course the company is slowly dying, but the BOD won’t think so far ahead.
8 more years, 8 more years, 8 more years ...... ;-)
That old chestnut.