New partner Apple in the enterprise market, IBM is preparing the largest in the history of dismissal

Jan

26

2015

Jobs – nothing, revenue and profit – everything. This phrase is the whole essence of the companies working with public capital. Achieve set goals need any cost. Typically, this occurs at the expense of long-term projects, and it all begins with the dismissal. As it became known, IBM – the main partner of Apple in the business segment – is preparing the largest in the enterprise market dismissal.

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According to Forbes journalist Ben Kepesa, IBM plans next week to hold the mass dismissal of employees. As part of the restructuring of the “Big Blue” will cut a quarter of the labor force, firing 110,000 employees worldwide. The reason for such a move, according to a source, a cut of the profits from the sale of computer equipment.

10 years ago, IBM launched a plan to eliminate all areas related to the production of electronics. In 2003, the business is the production of hard drives was sold to Hitachi, and a year later was sold to Lenovo’s business is the production of personal computers. In October 2014 Lenovo purchased IBM’s business to produce x86-compatible server, and a contract was signed for the transfer of the company’s semiconductor factories GlobalFoundries IBM. All these movements were to highlight the Services IBM and lead to a significant increase in revenues and profits. But not yet obtained.

According to the preliminary plan, in 2015, revenue per share IBM will have to make at least $ 20. Fresh report of the company shows that these indicators IBM will not reach. By the end of 2015, the company expects to gain per share $ 15,75- $ 16.50. Moreover, in fact in 2014 the value of revenue per share decreased in comparison with 2013 year by 1% to $ 16.53.

If we talk about money, then in the IV quarter 2014 revenue was $ IBM 24.1 billion., And for the year as a whole – $ 92.8 billion. Quarterly revenue for the year decreased by 12% per annum – by 6%. Net income for the quarter was $ 5.48 billion and was 11% less than in the last quarter of the previous year.

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