Just want to confirm this is correct as I never 'saw this memo'.... This is from El Reg:
Repeated redundancies and a recent directive to limit travel expenses on a round trip to £75 have typified life in an organisation that is desperately trying to contain overheads. Staff need to meet certain criteria to get higher travel costs approved.
Source: https://www.theregister.co.uk/2017/05/19/ibm_ceo_flouts_travel_restriction_in_chopper/
Disclosure: I picked it up here: @NmGFV9h