Consulting and Infrastructure have the targets on their backs. . .
https://www.cnbc.com/2024/10/23/ibm-earnings-q3-2024.html
4 replies (most recent on top)
Anyone know what exactly constitutes "Automation" SW? Other than RH, it's the only thing growing. Is it MQ? WAS? A catchall?
With Infrastructure down 7% 3rd quarter means layoffs will be needed as IBM can not afford such financial lag between Z upgrades.
Heads will roll. Everyone will be looking over his/her shoulder. Infrastructure moved away from its core business to the cloud offering. IBM cannot compete in the cloud segment. Traditional workloads are moving away from Power Platform, the hemorrhage continues.
Couldn't happen to nicer people than Evil Alvind and his Pipmunks....let's see how much worse it gets tomorrow for the big Guys and Gals who run Big Blue.
They are nothing but a bunch of mother truckers, particularly Alvind.