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IBM Businesses The Almighty Buck

Cringely Predicts IBM Will Shed 78% of US Employees By 2015 273

Posted by timothy
from the should-switch-to-fashion-branding-with-cool-logo dept.
Third Position writes "Cringely with more predictions about IBM: 'The direct impetus for this column is IBM's internal plan to grow earnings-per-share (EPS) to $20 by 2015. The primary method for accomplishing this feat, according to the plan, will be by reducing U.S. employee head count by 78 percent in that time frame.' So far, Cringely's pronouncements about IBM have been approximately true, even if he missed the exact numbers and timeframes. Is he right this time?"
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Cringely Predicts IBM Will Shed 78% of US Employees By 2015

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