Author Topic: IBM - Reorg From Hell  (Read 837 times)

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Offline Belfong

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IBM - Reorg From Hell
« on: Tue, 27 January 2015, 08:27:57 »
 

Offline CPTBadAss

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Re: IBM - Reorg From Hell
« Reply #1 on: Tue, 27 January 2015, 08:37:03 »
Quote
The fact is that IBM already announced, after 3Q earnings report, that the company would take a $600 million charge for restructuring. That’s several thousand people. Not 10,000, or 100,000. Moreover, IBM currently has job postings for more than 10,000 professionals worldwide, with more than half of them in growth areas such as cloud, analytics, security and mobile technologies.

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Offline Belfong

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Re: IBM - Reorg From Hell
« Reply #2 on: Tue, 27 January 2015, 08:40:25 »
I personally think that the 26% is a ridiculous estimation but I'm not surprise that that is the amount of fat to trim in the next 5 years.