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IBM is Now Hinged on False Accounting and False Promises

posted by Roy Schestowitz on Jun 24, 2026

This is the legacy of the current CEO, who rewards himself (makes himself a billionaire) while scuttling the company and companies he buys along the way, including Red Hat

As noted this morning, the current CEO of IBM is roping in taxpayers to make himself richer while eliminating any possibility - however remote - of IBM ever making a comeback.

Way too young to retire (1-2 decades early), from the past few hours:

Today marked my last day with IBM after 26 incredible years.

After 19 amazing years at IBM, the time has come for me to retire.

After 27 years with IBM, today is my last day.

How many of them got a PIP or warning thereof?

Red Hat has had many layoffs this year (the media intentionally did not cover these) and it impacts many GNU/Linux distros. Fedora has become a carrier of IBM agenda, notably slop that helps the lies from IBM's CEO and his assumed successor.

IBM will destroy everything it absorbs. It is another SGI. █

IBM executive: Around a fifth of businesses are starting to use A.I.

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