Thread regarding IBM layoffs

IBM at present

IBM's Financial Engineering: Workforce Rebalancing https://www.discerningreaders.com/ibm-financial-engineering-workforce-rebalancing.html "Workforce rebalancing is an unrealized financial promise because the last of these conditions—operating at the same or higher levels of sales and profit productivity—has not been realized. IBM has been increasing profits by lowering wages"

Arvind Krishna's Overall Performance Through 2023 https://www.discerningreaders.com/arvind-krishna-overall-performance.html "At the end of Arvind Krishna’s fourth year as chief executive officer (2020–2023) his performance continues as it started which can be described with one word: unremarkable. Revenue fell -19.8% to $61.9 billion and profits fell -20.5% to $7.5 billion"

IBM's Financial Engineering: U.K. Pension Scheme https://www.discerningreaders.com/ibm-financial-engineering-aggressive-bookkeeping-uk-pension-plans.html "The U.S. meaning of "scheme" is probably correct as applied to all IBM's pension changes since 1995: scheme: /skēm/ - to make plans, especially in a devious way or with intent to do something illegal or ethically wrong."

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| 961 views | | 4 replies (last October 27, 2024) | Reply
Post ID: @OP+1v9euXPk

4 replies (most recent on top)

IBM's upper management is drinking too much Kool-Aid.

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Post ID: @3olw+1v9euXPk

profits fell -20.5% to $7.5 billion" 💀

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Post ID: @2ebc+1v9euXPk

Anyone else completely grossed out that the new IBM CMO is from McKinsey? The very same company IBM employs to come up with their layoff schemes? Godspeed to our friends in Marketing.

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Post ID: @1zem+1v9euXPk

just saying that there better not be any hiccups for the dividend or Alvind will take full responsibility....he's not the brightest bulb in the room, although he likes to think so.

He's full of Sh*t and it's piled High and Deep (PhD)

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Post ID: @mun+1v9euXPk

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