As many now former IBM employees are trying to find a way to provide for themselves and their families because they have lost their livelihoods, shareholders are jumping for joy because layoffs have bumped the stock up. Sad and infuriating.
https://www.forbes.com/sites/qai/2020/05/26/nvidia-netflix-and-ibm-among-trending-stocks-this-week/#422241264674
Back when I was outsourced to IBM in 2002 you can tell when RA's were coming The stock shot up cause they told Wall Street when the RA's were coming and how many Not the case anymore
That's capitalism. You live by the sword when it's good and die by the sword when it goes wrong, unfortunately.
https://finance.yahoo.com/quotes/ibm,orcl,hpq,hpe,rht,msft,intc,emc/
Keep your eye on this part. It’s the next shoe to drop
“He also indicated his willingness to divest parts of the company not aligned with the company’s new focus”