Part two in a long series of posts about what’s wrong with IBM
IBM’s 2015 plan was hatched to deliver $20 earnings-per-share to the delight of Wall Street. IBMers were offered a carrot, a few shares of stock granted at the end of 2015, as a reward for helping them achieve that target. It appears that IBM’s goal is not to issue any of those grants as they continue to conduct resource actions (IBMspeak for permanent layoffs) and remove talented and valuable US employees in favor of moving work to low cost countries such as Brazil, Argentina, India, China and Russia.
Work that stays onshore is mainly sent to what are called Global Delivery Facilities (GDF’s), […]
This is my promised column about IBM — the first of several on the topic, all to be delivered this week. The last time I wrote at length about Big Blue was in 2007. I have been asked by readers many times to revisit the subject, something I haven’t wanted to do because it is such a downer. Writing the last time I hoped the situation, once revealed, would improve. But it hasn’t. And so, five years later, I turn to IBM again. The direct impetus for this column is IBM’s internal plan to grow earnings-per-share (EPS) to $20 by 2015. The primary method for accomplishing this feat, according to the plan, will be by […]
Back in 2007, when I was still writing for PBS, I posted a 
Jack Tramiel died this week at 83 and that means I missed my chance to know the guy. People have complained in the past that my work ignores Commodore, which Tramiel founded, and Atari, which he took over after leaving Commodore following a fight with chairman Irving Gould. That’s a fair criticism. I haven’t written much about those topics because, frankly, I didn’t know Jack Tramiel. But asking around about the guy yesterday and today it’s pretty clear that he wasn’t at all the way he was typically portrayed.