More corporate money means more MERGERS.
MERGERS mean layoffs to eliminate duplicate jobs.
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We have been hearing that for quite some time. It makes sense but it requires some solid decision making at the top of the company. Maybe that's why it hasn't happened.
I believe you are about to see IBM split into two pieces. Strategic initiatives, and everything else. Both pieces will be marketed separately and eventually they will be sold off. Strategic initiatives will include all of the strategic initiatives that we have come to understand (cloud, cogative, etc etc) in addition to GBS consulting, and IP for the legacy investment both HW and SW, and finally the lab investment and patent royalties It will also include the IBM name. The everything else will include GTS (outsourcing, ISV hosting/admin, and essentially everything not associated with strategic initiatives. It might be easier to think about it as anything that can be offshored to a less expensive country (think India, Eastern Europe). The everything else will be a spin off with the possibility of IBM issuing new stock and current share holders having a resulting investment in that new stock (much like CSC and HPE services). The strategic part of IBM will retain the IBM name, and either be absorbed by someone, or carry on under the IBM umbrella, but being owned by someone else. The revenue split of the two half’s will Be approx 50 - 52 billion strategic, and 25 - 28 billion everything else.
keep kissing up to Ginni and your managers pal, see where it gets you