Thread regarding IBM layoffs

IBM Stock Hits 52-Week High — Citi Raises Price Target To $375 On Quantum Push, Says Stock Is ‘Misunderstood’

"'Misunderstood'", eh?

https://stocktwits.com/news-articles/markets/equity/ibm-stock-hits-52-week-high-citi-raises-price-target-to-375-on-quantum-push/cZ00XlqReDj


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Post ID: @OP+1ktfkx7x8

15 replies (most recent on top)

@jn - This pipmunk won't leave as it would never be put on PIP for as long as it keeps washing the dirty laundry of its masters. But it surely will die when the day of reckoning comes.

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Post ID: @jw+1ktfkx7x8

@hq looks like Alvind’s pet pipmunk is still here. I was hoping it left.

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Post ID: @jn+1ktfkx7x8

@j5 Where is Arvind's humanity, and where was Gerstner's, when they fired thousands and raked in millions? The first doesn't speak; he spews lies with his razor tongue. The second rests but not in peace, for the ground around his grave still bubbles with disgust and disdain.

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Post ID: @ja+1ktfkx7x8

@hq

I have no idea how so many people hate 1 man. However I am not surprised. I saw many posts of how happy people were when Mr Gerstner passed away. Where is the humanity?

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Post ID: @j5+1ktfkx7x8

@h7 The lies spew hot and thick from Arvind's mouth. How does he sleep at night.

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Post ID: @hq+1ktfkx7x8

@h5

The hate continues to bubble up thick and hot like lava. Stop dehumanizing people

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Post ID: @h7+1ktfkx7x8

@gw , I agree, IBM is not charity.
Why is the slimy Indian blood su-king parasite receiving $$$$ millions in bonuses ? He is completely incompetent.

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Post ID: @h5+1ktfkx7x8

@gw IBM is a business and under Arvind Krishna, it is a failing business at that. That is why the IBM management resorts to financial engineering, layoffs, PIPS, questionable acquisitions and coverups of wrong doing.
Did you read the story on June 5, 2026 about IBM Security and how many times IBM infrastructure had been breached by Chinese Hackers ? No less than 56000 times. While these incidents happened between 2013 and 2016, it says a lot about the integrity of the people who manage(d) IBM Security and how well they ignore(d) or cover(ed) up data breaches at IBM. And it says a lot about the tools that IBM develops and sells to IBM customers - how good are they if they can't even protect IBM's network from attacks ?
Very simply, it comes back to following "Greed is Good" philosophy by IBM Management where the end justifies the means. Anything goes as long as the IBM executives get their bonuses. That's why the IBM Business Conduct Guidelines are nothing but a sad joke.

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Post ID: @h2+1ktfkx7x8

@f5

IBM isn't a charity, it's a business. The question isn't whether a company makes money—every successful company does. The question is whether it creates value while doing so.

IBM technology runs banks, airlines, governments, hospitals, retailers, and critical infrastructure around the world. Its mainframes process enormous volumes of global financial transactions daily. IBM Research has contributed to advances in AI, semiconductors, cybersecurity, quantum computing, and enterprise software for decades.

You can criticize acquisitions, layoffs, or management decisions. That's fair. But claiming IBM isn't a technology company because it makes acquisitions is like claiming Microsoft, Cisco, Oracle, Broadcom, or Google aren't technology companies. Acquisitions have been part of the tech industry for generations.

As for 'what has IBM done for society,' you're typing that on technology built on decades of innovations from companies like IBM. The better question is: what evidence do you have that IBM creates no value besides repeating talking points about greed and financial engineering?

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Post ID: @gw+1ktfkx7x8

@ee - Do you really see IBM as a tech company? IBM has become a symbol of insatiable corporate greed and is operating like a private equity firm and the only engineering you see is the financial engineering. Modus Operandi - Rub a debt, acquire a company for its IP by offering cash then get rid of its employees and keep the clients. Distribute the acquired sales channels to yes men and yes women of the senior executives. Look at the shameless postings on social media sites from some of these executives at the top where they talk about how IBM is outperforming other tech companies. You talk about the valuations not the value add. What is it that you guys at IBM have done for the betterment of the society?

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Post ID: @f5+1ktfkx7x8

@ee your response was the sort I expected from the IBM India HR troll who seems to delight in posting the ridiculous messages at this site. So let's reply and take it one statement at a time :

The market seems to disagree - really ? IBM stock fell on Friday (6/5/2026) and it is currently $284.84, not $300 or higher.
Investors collecting vintage mainframes ? where exactly ? in some museums in India perhaps ?
IBM's business is in the toilet, in case you seem to have conveniently missed the message. The IBM dividend goes up by a paltry 1 cent every year and that is a pathetic joke for a company that makes billions in revenue. Even the 1 cent coin is being phased out by the Trump administration. Why not increase the dividend by say, 25 cents a year if the business is robust and is doing as well as you say it is ? Because IMHO, it isn't - not any more. Financial engineering is what is going on. That's why IBM silent layoffs and PIPs in the US are on the increase. And of course, you can't provide these layoff numbers, can you ? LOL. How convenient. They might trigger WARN notices that IBM fails to notify the states where IBM employees are impacted.
In case you haven't noticed IBM shut down all it's data centers years ago and outsourced them to to save money. And it's been laying off lots of the cloud personnel so you know that business isn't taking off either.
Is IBM's AI faring better ? IMHO, no.
IBM acquisitions ? Buy companies for lots of money, get their customers and then layoff their employees in a year or two after acquisition. Another great recipe for organic growth.
Yes, Parasite is an apt description and reference for the IBM CEO Arvind and the rest of his Pipmunks. Getting bigger bonuses and salaries for just laying off productive US employees and transferring their jobs to India is not a productive long term strategy for growth and innovation of any company or organization.
Yes, IBM is in a race to the bottom and will not be around in another 100 years. Get over it ! Finally, please name some companies which IBM has overtaken and outperformed for technical innovation, growth and profit. Microsoft, Google, Salesforce, Oracle, Meta ?
Talk from the likes of Arvind is cheap.

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Post ID: @er+1ktfkx7x8

What about Bob?

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Post ID: @ej+1ktfkx7x8

@c1

Interesting argument, but the market seems to disagree. IBM's stock isn't near recent highs because investors are collecting vintage mainframes. It's there because IBM has expanded its software business, strengthened its consulting portfolio, grown its AI offerings around watsonx, and maintained a substantial enterprise customer base.

Calling every executive you dislike a 'parasite' isn't analysis. Neither is pretending billions in R&D, software development, data centers, AI infrastructure, and acquisitions are imaginary because they aren't stacked in a vault as cash.

If IBM is supposedly 'winning the race to the bottom,' it's a strange way to describe a company generating billions in revenue, returning capital to shareholders, increasing its dividend for decades, and outperforming many of the same tech companies critics were praising a few years ago.

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Post ID: @ee+1ktfkx7x8

@a6 yes, they’re really good at funding executive bonuses by getting rid of employees without having to pay out severance.

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Post ID: @c7+1ktfkx7x8

Yes Citi is right the stock is misunderstood - I don't understand why it should even be at its current price. Has IBM created anything that actually works?

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Post ID: @a6+1ktfkx7x8

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