Thread regarding IBM layoffs

We value our employees, now turn to Page 5 of the new ISAP (IBM Separation Allowance Plan) document

The separation allowance payment available under the Individual Separation Allowance Plan, regardless of the circumstance under which ISAP is offered, IS ONE MONTH OF PAY...

I am sure that they will use all the money saved to buy back shares which will in turn artificially keep the stock price high. Once they (execs) achieve that they will take the same share and grant them to themselves therefore effectively robbing both workers and shareholders using the same trick.

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Long time ago IBM was a great and innovative company with vision, strong integrity and loyalty to its' workers... This changed more than a decade ago and the company is slowly dying while milking existing accounts and products.

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