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geekhack Community => Off Topic => Topic started by: Belfong on Tue, 27 January 2015, 08:27:57

Title: IBM - Reorg From Hell
Post by: Belfong on Tue, 27 January 2015, 08:27:57

http://www.forbes.com/sites/robertcringely/2015/01/22/next-weeks-bloodbath-at-ibm-wont-fix-the-real-problem/

110K layoffs!

You guys! buy more Model Ms!!!

Title: Re: IBM - Reorg From Hell
Post by: CPTBadAss 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.

From page 2 (http://www.forbes.com/sites/robertcringely/2015/01/22/next-weeks-bloodbath-at-ibm-wont-fix-the-real-problem/2/)

Title: Re: IBM - Reorg From Hell
Post by: Belfong 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.