Thread regarding IBM layoffs

Warren Buffett Trashes IBM Again

Dump it!

http://247wallst.com/technology-3/2017/11/15/warren-buffett-trashes-ibm-again/

"IBM has started to look like the next General Electric Co. (NYSE: GE). It is bloated with too many divisions that underperform, and a long-time CEO in Ginni Rometty, who has run IBM since the start of 2012. The company has posted 22 consecutive quarters of revenue declines. The gross profit margins and lack of growth in some of its divisions make them candidate for sale or significant downsizing. Some analysts believe that Rometty’s job cuts and outsourcing jobs from the United States have not been nearly enough."

by Anonymous
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Post ID: @OP+Qg20ABZ
Comment! It's anonymous!

4 replies (most recent on top)

There is only one place for women... it is in the kitchen... and even there most can't shine!

by Women
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Post ID: @2njv+Qg20ABZ

"why is it every successful techcompany run by a woman ceo grinds to a halt, yahoo, xerox, ibm,"

I think in IBM's case it was started by her predecessor

by Anonymous
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Post ID: @2vep+Qg20ABZ

don't forget HP

Co-location is one of the things that Mayer initiated and soon she was dismissed at Yahoo.

Ginni cannot not see the forest for the trees and is following in Mayer's footsteps.

Get a clue Ginni, when you are broke you don't go leasing buildings all over the country.

When was the last time IBMers got a decent raise? Yet they have money to lease offices?

If I hear strategic imperatives one more time I will lose it.

Find a real bean counter and you will see where the fiscal hemorrhaging is taking place.

by Anonymous
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Post ID: @1rem+Qg20ABZ

why is it every successful techcompany run by a woman ceo grinds to a halt, yahoo, xerox, ibm,

by Anonymous
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Post ID: @1fsp+Qg20ABZ

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