IBM will no longer hang a shingle in the Southern Tier village where it became a household name.
The company has declined to renew its Endicott lease at 1701 North St. when it expires Oct. 31, just shy of 100 years since a previous incarnation of it was renamed International Business Machines in 1924.
“IBM’s long and fruitful relationship with the Binghamton-area community begins a new chapter this spring,” said Mary O’Malley-Trumble, Senior Location Executive at IBM Endicott. “The past few years brought significant modifications in the way companies operate, and IBM is no exception — we will be ending our lease of physical offices in Endicott.
“This news is bound to have a sentimental impact in this community, which is the birthplace of IBM.”
Full Story: https://www.pressconnects.com/story/money/2023/05/02/ibm-leaving-endicott-ny-offices-behind-what-to-know/70159966007/
This is solely the result of years of abject incompetence, blind arrogance, and insatiable greed on the part of IBM Management. 😕