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by fennecfoxen 4487 days ago
As opposed to doing what? Keeping these workers on board as an act of charity? IBM operates for the benefit of its shareholders, not its employees; also, water is wet.
2 comments

Layoff is a blunt instrument that swings in one direction, and cannot be undone. It's easy, but it results in too much unnecessary casualties.

When you've been with a company for 10, 15 years, you accumulate wealth of business knowledge that can always be re-deployed in other areas through careful planning.

That takes more skill than just swinging hammer. But with the absurd money we're paying the executives, shouldn't we expect a little more than just a hammer in their toolbox?

Might as well fire everyone and sell everything then. Maximum shareholder return!