IBM's desperate attempts to hide its failing business through accounting magic have come to an end. Today's "Beat" was caught by the markets.
Now we know the true purpose of Trump's tax cuts, which was to prop up failing corporations just a bit longer. IBM stock down hard on the news.
https://www.bloomberg.com/news/articles/2018-04-17/ibm-sales-buoyed-by-weaker-u-s-dollar-shift-to-new-businesses
Amen. To my former IBMers still with IBM; please, for the sake of your health, seek work outside of where you're at. Don't hang around hoping for the best. Life is too short. The posted Q1 2018 results are there for all to see. Over five years worth of decline, key staff worldwide shown the door, no detailed insight where monies are truly coming from, no idea where their limited funds are going towards, true disconnect with the sales process, low confidence with prospective buyers, key service personnel gaps supporting existing service engagements, strategic Imperatives are not very strategic anymore being offered by other organizations, and so on and so on. The C-Level executives and the BoDs have to go.
If your resume wasn't dusted off and ready for mass distribution before, it had better be now.