Stopping these resource actions could have slowed, halted or even reversed IBM’s two-decade-
long drop in sales and profit productivity. Employees find it hard to remain productive when every
job within the corporation is at risk—not just the “old guy’s” job. But massive resource actions
protect the corporation’s relentless, short-term efforts to artificially boost earnings-per-share. This
practice has created a work environment that is so toxic that even the best-of-the-best hold their
noses as they head off to work (or in today’s environment, power up their computer to start
working from home). Many are leaving of their own accord, and IBM continues to see their effect
in the determined eyes of their former employees turned competitor. IBM is staffing up its
competition with highly motivated, top-notch skills (see sidebar).
Wait: transparency was expected simply because there's a new CEO?
https://www.mbiconcepts.com/arvind-krishna-first-100-days.html