Michael, I read those articles and I am not sure I believe what Cringely claims. 150,000 layoffs? The numbers just seems so wildly exaggerated and his analysis superficial. Here's what Bloomberg says on IBM's most recent quarter: ---------------------snip Even amid price competition from rivals including Hewlett- Packard Co. and Accenture Ltd., IBM has managed to ``cherry pick'' the most profitable deals, said Eric Ross, an analyst at ThinkEquity Partners in New York. In the year-earlier quarter, IBM signed contracts worth $11.4 billion to help maintain clients' computer systems.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aTbaVjjedIMI i.e. essentially the exact opposite of Cringely's claims. The true picture is probably somewhere in between. -raghu. On 5/27/07, Michael Perelman <[EMAIL PROTECTED]> wrote:
Both are relatively short, regarding how IBM is screwing up in its outsourcing and probably risking the long-term survival of the company -- at least as a major player. The idea is that underbidding its contracts and then cutting costs to make them more profitable is destroying the reputation of the company. http://www.pbs.org/cringely/pulpit/2007/pulpit_20070511_002058.html http://www.pbs.org/cringely/pulpit/2007/pulpit_20070504_002027.html
