IBM layoffs hitting RTP, other US locations - hope no one on CityData is affected

[le roi]

Originally Posted by NYC2RDU

Trust your instincts.

My instincts said "Stay far, far away from IBM." A few years ago they had geospatial openings in raleigh, and I did my research. Things looked grim. Then, too, they had recently executed mass layoffs and some sneaky cuts to 401k benefits.

I feel sympathy for anyone who gets laid off this way, but I admit that sympathy is tempered by the belief that everyone should expect this by now.

[danielbmartin]

Originally Posted by NYC2RDU

The steady decline and string of poor quarterly results is likely incidental and not directly the fault of Ms. Rometty. The industry has changed drastically since IBM was King and like most monolithic companies, it failed to react fast enough to remain viable.

Blame falls on executive leadership (or lack of thereof).
Every Microsoft success could have been IBM's.
IBM could have done Smart Phones instead of Apple.
IBM could have built the leading Search Engine instead of Google.
IBM could have been the Integrated Circuit juggernaut instead of Intel.
IBM had the brains, the capital, and the manufacturing capacity to do
all these things.
Time and time again Armonk turned away from opportunities because it was safer
to say "No Business Case" rather than take a risk.

.

[rory breaker]

Originally Posted by danielbmartin

Blame falls on executive leadership (or lack of thereof).
Every Microsoft success could have been IBM's.
IBM could have done Smart Phones instead of Apple.
IBM could have built the leading Search Engine instead of Google.
IBM could have been the Integrated Circuit juggernaut instead of Intel.
IBM had the brains, the capital, and the manufacturing capacity to do
all these things.
Time and time again Armonk turned away from opportunities because it was safer
to say "No Business Case" rather than take a risk.

.

Really well said.