IBM Layoffs......
To prove Obama’s economic recovery is real, IBM is laying off 25% of their hardware division.
IBM is too embarrassed to state how many workers that is.... but you can bet it is thousands.
After selling off their Server Division (last month) to Communist Red China they are further shredding their remaining workers with more layoffs.
IBM is under self induced pressure to deliver a healthier stock price.
There are only two ways to do that.
You can sell something (no chance that happens)
or
you can cut something.
Cutting gives the illusion (in the short term) that you are doing great.
IBM (once again) is choosing option #2. Once again the workers are paying the price.
My guess is Obama won’t be having any photo ops at the head quarters of IBM anytime soon.
http://news.cnet.com/8301-1001_3-57619685-92/ibm-laying-off-up-to-25-percent-of-hardware-division/
IBM is too embarrassed to state how many workers that is.... but you can bet it is thousands.
After selling off their Server Division (last month) to Communist Red China they are further shredding their remaining workers with more layoffs.
IBM is under self induced pressure to deliver a healthier stock price.
There are only two ways to do that.
You can sell something (no chance that happens)
or
you can cut something.
Cutting gives the illusion (in the short term) that you are doing great.
IBM (once again) is choosing option #2. Once again the workers are paying the price.
My guess is Obama won’t be having any photo ops at the head quarters of IBM anytime soon.
http://news.cnet.com/8301-1001_3-57619685-92/ibm-laying-off-up-to-25-percent-of-hardware-division/
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