Thread regarding IBM layoffs

IBM vs Microsoft and the battle for the corporate cloud business

Dismal.

http://www.zdnet.com/article/ibm-vs-microsoft-and-the-battle-for-the-corporate-cloud-business/

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Ouch

The fact is that, in its 2015 annual results, every IBM division showed a decline in revenues. Global Technology Services? Down 10 percent. Global Business Services? Down 12 percent. Systems Hardware? You'd expect that division to be struggling without x86 servers, and it was down by 24 percent. However, Software was also down by 10 percent, and that was supposed to be growing rapidly.

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