IBM SHAREHOLDER INVESTIGATION: Potential Securities Claims Involving International Business Machines (IBM)
Reactions (some racial slurs redacted):
Earlier this year IBM collapsed. It was its worst day (in its whole history, over 110 years in total).
People at IBM (or Red Hat) are uncertain about their future at the company as PIPs will be taken up a notch (15% of staff already marked as candidates for it while the CEO becomes a billionaire) and there's a risk of criminal action against executives. Recent comments about morale at the company:
Like we said last night, Red Hat staff (what's left of it) would be wise to start checking alternate employment. There is no future at IBM and later this month we'll see just how much debt the company is in (more than a third of the company's overall "value"; in Kyndryl, the debt by far exceeds the company's overall "value" - the same "blueprint"). █
