ST Alpha - "rumor was tomorrow, so not surprised." (Reading a Post)

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rumor was tomorrow, so not surprised.

Posted by ty97 Jan 22 '09, 10:06

IBM, IME, keeps its resource actions to a certain number at a time, so as to not have to publically announce them. (not sure what the threshold for that is, but I'm under the impression one exists)

interesting....

Responses:

[deleted] 6
- If that's global, it represents 4.1% of the workforce. -- nm - ty97 Jan 22, 10:18
- it's not that surprising. their optimistic forecast yesterday said that they'd have more profit by expanding margins going forward.... - x Jan 22, 10:11 4
  - we've been agressively managing cost for a while (I'm quoting the press release here) - ty97 Jan 22, 10:19 2
    - i saw the "resource actions" lingo you used. you are clearly a corporate stooge...nm - x Jan 22, 10:22 1
      - heh. It gets ingrained. -- nm - ty97 Jan 22, 10:23
  - yup. they're not likely to expand margins by increasing sales in this environment -- nm - znufrii Jan 22, 10:12

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rumor was tomorrow, so not surprised.

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