IBM's 'Transformation': More Layoffs, Despite Earnings Surge

IBM's 'Transformation': More Layoffs, Despite Earnings Surge

When a company reports strong end-of-the-year earnings, workers might expect some positive news -- maybe a bonus, even. But that's not what happened at IBM. On Wednesday, the same day the Armonk, N.Y.-based technology corporation announced its net income "surge" of 6 percent for the fourth quarter, reports... Read More »

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