I was around when IBM reduced offices and sent everyone to work from home. Now their sending everyone back into offices, but this time, to only a handful of cities.
10's of thousands of U.S. workers who cannot move, or will not move, will be terminated. It will be a MASSIVE brain drain of the very people needed to reverse IBM's decline.
By every measure, Ginni Rommety has been an utter failure. Does anyone remember that it was she who engineered the acquisition of PWC for $3.5 billion which has yielded little or nothing, the remnants of which are now presiding over the crumbling of the services division?
What could the benefits of co-locating be that would outweigh the mass exodus of knowledgeable and hard working employees?
Where is the board of directors? Have they been asleep for the past 5 years?
This is an ill conceived mass layoff. IBM grows earnings as revenue falls year after year. Guess how they're doing it? Ginni has IBM in a death spiral. Is any further proof needed that Ginni has to go?
Sincerely, Disgusted and Defeated