Thread regarding IBM layoffs

CNBC: IBM sinks on Q3 revenue miss

The Fast Money traders discuss IBM's decline in revenue. It's the fifth miss in a row, and it speaks to the broader story for IBM.

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Post ID: @OP+11zl03Ap

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been in more or less steady decline for years, thanks to very poor management. unable to see decline in mainframe and increase in pc business lost out on both. more or less created Microsoft and stepped aside. trying to remain significant in software business competing with younger less top heavy
companies. They still seem to have the mindset that the stockholders are their customers which leads
to bad business decisions to satisfy their supposed "customer" base and we can see the results of that
over the last 25 years. What was once the number one company can hardly be found on the list.

Post ID: @gzz+11zl03Ap

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