Archive for May, 2007

Thursday, May 31st, 2007

Layoffs Continue, 3000 plus in May

Layoffs continue at IBM, this time it seems concentrated on GTS (Global Technology Services) employees, with 1600 more anounced May 30th. IBM didn’t disclose where they were, but according to local news, about 100 of those are in Triangle, 50 in Colorado, a dozen or so in Endicott, 72 in MA and 25 in […]

2 Comments » - Posted in News by Greg

Wednesday, May 30th, 2007

IBM 120

Barron’s had a statement on IBM this week saying that shares could easily climb above $120, citing eps growth (fewer outstanding shares), software sales growth and growth in emerging markets. That was the number I had in my head to, and I thought I’d blogged it (I was looking to toot my own horn) […]

No Comments » - Posted in Performance by Greg

Monday, May 21st, 2007

IBM announces new 4.7GHz dual-core Power6 chips

IBM today announced what it claims to be the “fastest microprocessor ever built.”
Per the www.theregister.co.uk/2007/05/21/ibm_power6_p570/
The updated p 570 system that can hold one to eight of the new 4.7GHz dual-core Power6 chips. When running the TPC benchmark, an eight-way version of the p 570 reached a score of 1.6m, which IBM reckons is three times […]

No Comments » - Posted in News by Greg

Saturday, May 19th, 2007

30 Percent?

Has anyone heard about a 30% domestic workforce reduction for IBM? I’d love to hear what you know, either via comments or through the contact form.
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No Comments » - Posted in General by Greg

Friday, May 4th, 2007

100,000 US Layoffs Rumored

PBS’s Cringley, who has covered IBM (see last year’s disaster in the making quote) for some time wrote an article claiming that IBM is stealthfully in the process of laying off 100,000 US employees. Wow! That would explain the rumblings. That’s a third of their global workforce and a sizable percentage of […]

3 Comments » - Posted in General by Greg

Tuesday, May 1st, 2007

Periodic IBM Layoffs Continue

I remarked a while back about IBM’s occasional, under the radar, layoff policy and that’s what seems to be happening now again, this time in Colorado it seems (not according to Cringley though… see big “job action”). Per a reuter’s report:
IBM the world’s largest technology services company, is cutting 1,315 services-related jobs in the […]

8 Comments » - Posted in General by Greg

Tuesday, May 1st, 2007

IBM RFID Video

I already did a post a few months back on IBM’s Clipped Tag RFID chip but I saw this advertorial video and though it was worth a look. And without further ado:

Bonus Features…
RFID Commercial:

Cool RFID Helpdesk Ad (it won’t let me embed it)
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No Comments » - Posted in General by Greg