Re: The Future of IBM ..

Doom and gloom has and will always sell better than anything positive.
Especially in our world. This article proves it with it's assumption
that the comments will overtake the article.

IBM has traditionally followed the ebb and flow of the "monetary system"
and now is no different. Not "too big to fail", but "too big to avoid the
ups and downs of the economy" is a good description.






On Wed, Jun 26, 2013 at 9:57 PM, TheBorg <sjl_abc@xxxxxxxxxxx> wrote:

Jon -

I did a bit of research:
In the year 2000, IBM had less than 5,000 employees in India - today, there
are more than 150,000.

I shudder to think of how many of those jobs in India are positions which
were eliminated in the U.S.

Having an operating system/database combo (IBM i) which is unmatched by its
peers for business applications means nothing to the honchos in Armonk.
All
they care about is increasing shareholder value.

Ironically, most of those laid-off IBM workers most likely have a
significant percentage of their 401K plans invested in IBM stock...

-sjl


Jon wrote;
Several folks told me I should post this here - so here it is:

http://www.cringely.com/2013/06/20/ibm-to-customers-your-hand-is-staining-my-window/

If you haven't already read it I will warn you it will make you sad -
homicidal - or both. Saddest part? It is very difficult to argue with a
single point he makes.

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