Can Watson Help ex IBM Wizards Find a New Future?
January 26, 2015
I read “IBM Is about to Get Hit with a Massive Reorg and Layoffs.” Armed with mainframes and Watson, I assume that these technological wonders are guiding IBM management on its business decisions. According to the write up, which I assume is as accurate as Watson’s Jeopardy answers:
IBM is expected to go through a massive reorg next month that will reportedly see 26% of its 430,000-strong work force let go, or 111,800 people. If that figure holds true, that would make it far and away the largest corporate layoff event in history, breaking the record previously held by IBM, when it cut 60,000 in 1993.
With fantastical projections for revenue from Lucene and home brew code, I thought that IBM would be stuggling to find places to park its new found billions. Guess my faith in IBM was misplaced. Talking about billions and actually getting companies to give you billions are two different things I suppose.
I am looking forward to learning if this layoff thing is real or another Sillycon Valley hiccup.
Stephen E Arnold, January 26, 2015
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