Tom Rosamilla is asking IBMers, via an e-mail, to take a week off this quarter.
His note mentions further guidance will be coming for those in GTS, GBS and Systems.
Untaken vacation shows up as a liability on a company's balance sheet.
IBM will reduce their liabilities by well over 5 Million$ with this.
Few questions and would enjoy hearing your thoughts - THANKS -
1- Is this meant to extend the effective date of the layoff which was pushed to Q2?
2- Is this meant to make certain business units more attractive for an acquisition?
3- Is this simply to reduce the amount of payout IBM has to give for those RA'd later this quarter?
4- Some combination of the above 3?