The sad slow dying of IBM

(written by lawrence krubner, however indented passages are often quotes). You can contact lawrence at: lawrence@krubner.com

IBM decided that Sam Ruby is expendable. One more nail in the coffin of a dying company. Yes, you can boost short-term profits by firing all of your best people, and yes, the uptick in profits allows a big bonus to go to the CEO, but this obviously will render IBM a corpse. If you push your best people away, what is left of the company? It’s tragic and the USA not only allows this kind of corporate sabotage, but actually encourages it. This is one of the reason why the USA is losing out to China.

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