Thread regarding IBM layoffs

IBM could struggle just to meet its disappointing outlook

"IBM IBM, -0.17% shares started falling late Thursday and dropped 4% to close at $162.37 Friday, after the company offered a disappointing outlook along with an earnings beat and return to revenue growth following 22 straight quarters of declines. Friday marked the biggest one-day percentage drop for the stock in six months, when shares fell 4.2% on July 19, and wiped out gains from earlier in the week. By comparison, the Dow Jones Industrial Average DJIA, +0.21% , which counts IBM as a component, rose 0.2% Friday for a 1% weekly gain, and the S&P 500 index SPX, +0.44% advanced 0.4% for a 0.9% weekly gain."

Good job, Ginni!

https://www.marketwatch.com/story/ibm-could-struggle-just-to-meet-its-disappointing-outlook-2018-01-19

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