Company: IBM
Date: 2011-05-08
Overall rating: 2/5
Employment status: former

The "trust based company" that laid off 10,000 people after earning $10,000,000,000
Pros: For certain types of people, IBM can be the location of a long-term, growth filled career. The company enjoys long term relationships with clients, so it is able (in theory at least) to transfer that stability into long tenures for employees.
Cons: I realize that I am biased, but being laid off along with10,000 others a month after IBM announced earnings of $10,000,000,000 and describing its employees as its greatest asset in a letter to shareholders certainly gives one pause considering that IBM brags about being a "trust based organization."  Wake up call. It ain't a trust based organization. It's a greedy, short-sighted public company like any other.  The fact that the company is so virtual - nearly 1/3 of employees are homebased and connected through phones and software - compounds the problem of extending any kind of culture to more recent hires.  It's not the company it once was.