Lots of things have been said about IBM laying off some of their best people, offering some of them jobs in low-wage regions. This from a company with record profits, in business areas that report record growth over years.
I understand that businesses have to adjust to changing markets. If a company feels it needs to lay off people, that can only mean one of two things: bad outlook or bad ethics. We will see what it is for IBM.
Volker, that is somewhat over simplified. Keeping profit up is essential for raising capital, which is essential for investing in new business, innovations and new ideas. And good profits are even essential for customers selecting their vendors. No customer wants to buy from an unhealthy vendor. I do not think it´s a clear cut decision between money and moral.
Felix, IBM tells me its business is booming and healthy.
what strikes me odd is that they try to keep it under hidden instead of telling whats done. hiding stuff under the carpet usually misfires.
Well the IBM x86 server business for example is neither booming nor healthy. No surprise for me as I see projects now being won by vendors that have a full story from Desktop / Mobile solutions to Servers.
And even if a business is booming and healthy raising shareholders value often can be a challenge. At the end you often end up charging more for less and cutting costs. Unfortunately in many segments there now are oligopolies and the big players share a common strategy.
Is it signs of the time? Jobs are shifted from the US to Asia and South America. IBM is becoming less and less a US company. Less the half of the workforce is US based for quite a while and almost half of the revenue comes from units with managers that don't have a US boss short of Sam. So the business might have been healthy but might not sustain in the US.
We live in interesting times as the old Chinese curse goes.
Volker Weber on Meine erste Fahrt mit Uber at 21:30
Christian Henseler on Meine erste Fahrt mit Uber at 21:07
Hubert Michl on United Carry-On Luggage at 16:24
Ralf M Petter on An update on IBM Mail Next at 09:47
Yves Luther on Netgear TREK - Extend your hotel WiFi at 23:05
Yves Luther on Netgear TREK - Extend your hotel WiFi at 22:51
Volker Weber on Lumia 930 vs 1020 at 20:45
Christian Just on Lumia 930 vs 1020 at 20:32
Samuel Orsenne on Lumia 930 vs 1020 at 14:01
Volker Weber on The Nokia CR-201 mystery continues at 04:49
Bernd Fellerhoff on United Carry-On Luggage at 22:50
Johannes Matzke on The Nokia CR-201 mystery continues at 18:51
Tinus Riyanto on An update on IBM Mail Next at 03:59
Karl-Henry Martinsson on An update on IBM Mail Next at 16:03
Harald Gaerttner on United Carry-On Luggage at 15:32
Ben Rose on United Carry-On Luggage at 14:43
Dag Kvello on Lumia 930 vs 1020 at 14:40
Henning Heinz on An update on IBM Mail Next at 11:02
Peter Daum on United Carry-On Luggage at 07:21
Axel Koerv on United Carry-On Luggage at 00:56
Volker Weber on United Carry-On Luggage at 17:23
Matthias Förster on United Carry-On Luggage at 16:06
Volker Weber on United Carry-On Luggage at 15:22
Volker Weber on United Carry-On Luggage at 15:17
Alexander Koch on United Carry-On Luggage at 15:13