Revenue down AGAIN. 5 years straight. Free cash flow less than half of a year ago.
14% reduction in S,G,&A (people), $1.3 Billion in stock buybacks, AND STILL Earnings Per Share down 11%.
Constant layoffs including this latest "Co-location" joke isn't getting it done anymore. Can you say "death spiral"?.
Ginni's been at the helm for 5 years now. Could be just a coincidence.
Yes, I can say DEATH SPIRAL!!!
Constant layoffs including this latest "Co-location" joke isn't getting it done anymore. Can you say "death spiral"?.
Yes, I totally agree. Not to mention they are claiming their strategic imperatives are growing when they are not. The only thing that is still making money is the old on-prem software that IBM hates so much.... Share on you IBM.