Keeping an eye on Cringely, as he continues to watch IBM. This time around, IBM failed its internal security audit which means that those of you that rely on IBM Global Services to manage your data centers might want to take notice and demand some things from your sales rep or account manager.
I heard from dozens of readers this morning about a message IBM sent to its current employees concerning their 401K plan — changing it from a contribution in every paycheck to a single contribution at the end of the year. Of course if you are laid off that means no annual contribution, less retirement savings, but a real bonus to the company. This, in itself, isn’t worth a column. It’s just Scrooge IBM being more Scrooge-like in search of that 2015 earnings target. What is worth a column is putting this news in the context of IBM having failed its recent internal security audit, which should concern IBM customers.
What, they didn’t tell you?
Gregg Eldred 