It strikes me that slave labor-- or even just vastly underpaid labor--
cannot vote with either their wallet or feet.  This is all just part
of undoing Henry Ford's ONLY innovation (which had nothing to do with
technology, BTW, he was the first to pay his line workers enough to
even THINK of buying the products they were making, which jump-started
the 20th Century in the USA, and leaked out to the rest of the
world... until the last 20-30 years).

When you have a VP at IBM in a meeting ask "What are the four goals of
IBM?", and, after the audience is giving each other blank stares, you
hear the answer as "First quarter, second quarter, third quarter,
fourth quarter" you start worrying.

I wonder how many of the share-holders who saw the values rise ended
up on unemployment whilst waiting to liquidate their shares.

No one can serve two masters, and even a publicly traded corporation
has to choose its loyalty carefully... and not being loyal to the
customers will not do the share-holders a lot of good unless the
dissolution (or outright liquidation) of the company qualifies as a
"good".

(shakes head)

I *liked* working for IBM, then, but, by the time I was caught in the
undertow of one of 2007's RIFtides, I didn't regret my departure as
much as I would have two years before, but, then, the "High
Performance Work-Place" was good at flushing out real team players and
helped retain (IMHO) those excellent at handling paper.

I still miss some things from my time at IBM, but, after 6 years
away...  I doubt it is anything like the IBM I knew.  The Harborview
Building at Rocky Point in Tampa went from 5 1/2 floors to, I've
heard, less than half a floor (I guess the good news for RESO is that
the big lease w/ Highwoods was fully adjusted by now, since the lease
term ran out, IIRC, in 2011).

(shrugs)

It probably does not help that share-holders-- especially the
institutional variety-- can force the mighty to the floor...

BTW, I now work at a company where "IBM" is anathema which does bug me a bit.

-soup
--
John R. Campbell         Speaker to Machines          souperb at gmail dot com
MacOS X proved it was easier to make Unix user-friendly than to fix Windows
"It doesn't matter how well-crafted a system is to eliminate errors; Regardless
 of any and all checks and balances in place, all systems will fail because,
 somewhere, there is meat in the loop." - me

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