[linuxhansl]

Typical scenario: - layoffs for short term EPS - current pipeline continues momentum for a bit - CEO gets credited with great success... and moves on to the next company - then the "oh shit" moment, when the lack of personnel becomes apparent

Some CEOs are like locusts. Moving from company to company for a short term frenzy, then moving on to the next.

I hope this is not happening here.

Personally I do not quite follow the current mentality of only thinking about the "shareholder value". If a company is just break even, it still pays earning the livelihoods of its employees. That should count for something - but of course is doesn't because investors can make more money elsewhere.

[pesenti]

The current CEO has been at IBM for 33 years while the previous one had been there for 39 years... So no, these CEO don't move on to the next company.

[alexkus]

That's not quite the same thing.

You could replace the IBM CEO every week for many years to come with someone who has been at the company for 30+ years.

[pesenti]

I understand. But IBM CEOs are just not the "rotating CEO" type. For most (if not all) it was their last position before retiring.