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