the treasure
Founded in 1911, IBM is an evergreen tree in the business world. It has been able to keep itself alive and growing for more than 110 years. Keeping pace with the times can be said to be the gene of its success. At the beginning of the 21st century, IBM resolutely withdrew from PC manufacturing and focused on the server field; in the past two years, IBM has split to focus on hybrid cloud and information technology + infrastructure, which are all big moves behind its success.
Although “Big Blue” has not been as “highlighted” as companies such as Apple, Amazon, and Tesla in recent years, and has even been criticized for lack of innovation, IBM is still an excellent and great company that can survive in a bad economy. At that time, it still maintained a strong performance, which itself is an undisputed strong.
IBM’s layoffs are very gentle, basically there are less than two out of 100 people. Compared with Meta, Google and Microsoft, this ratio is much smaller, and the reason is the spin-off of Kyndryl and the divestiture of the medical and health business. A relatively normal attrition.
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