IBM Layoffs Aren't Just in IBM 'Proper'
A week ago: Another IBM Company (Spawned by IBM) is Hiding the Scale of Layoffs, Just Like Red Hat and Kyndryl
15 hours ago by Anjelica Rubin (The Business Journals):
The IBM layoffs did not stop. We explained this point yesterday. IBM has become more 'shrewd' about hiding what happens - both internally and externally.
Moreover, there is a workforce transition going on, with salaries going down, not up. Because IBM saves pennies to give vast bonuses to people who cook the books, spoil the broth, spoil the brand. IBM Common Stock is almost below $250, but it really ought to be below $100.
Estimates of IBMs debt as of today is around 67 Billion DollarsHow does Kavanaugh keep his job? He’s the Effing CEO and these acquisitions have not paid off at all
It’s just to keep IBM in the news and bragging rights
Another acquisition of a company nobody ever heard of
And then there is Alvind who got played like a fiddle
He’s the worst negotiator ever. Agreeing to a bloated premium to buy Red Hat
That g00ber was the architect of that calamity
Who is still using Lotus after the HCL move? █