IBM Marketing

April 30, 2013

<IBMMarketing

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Cringely: The Decline and Fall of IBM

April 29, 2013

The rumor I’ve heard is that IBM, which not long ago changed its 401K contribution policy to push what had been a biweekly payment into an annual one right at the end of the year, may have decided this year (and in the future?) not to make any 401K contribution at all. Since IBM’s U.S. employees can divert up to eight percent of their gross compensation into the 401K and IBM has traditionally made a comparable matching payment, this possible change in compensation policy could save the company close to $1 billion.

In one sense one might ask what’s wrong with that? Companies have to do what they have to do in this economy and workers sometimes suffer. But for IBM it indicates the company is getting near the bottom of its bag of tricks for maintaining earnings growth toward that ambitious 2015 goal of $20 per share. Management seem to be down to three ideas to improve the numbers: 1) savage the 401K plan; 2) sell the low-end server business to Lenovo for a reported $2.5 billion, and; 3) expect a miracle called PureSystems.

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What is This?

April 18, 2013

I would venture to say that if you are over a certain age, you don’t know what this is, let alone, what function it serves.

Care to guess? And while you’re at it, get off my lawn.
Wall Outlet

 


Why Ride a Motorcycle?

April 14, 2013

Conan Visits the Guinness Brewery

April 12, 2013

Thanks, Jeremy.