Company: IBM
Date: 2010-02-21
Overall rating: 1/5
Employment status: former

Used to be a great place to work, but IBM has lost its way (and its soul).
Pros: Outstanding colleagues.  Unbelievable dedication.  Many interesting things to work on.
Cons: Current executive management has given up on growing the company.  Instead, they are focussed on growing EPS (earnings per share).  The only way to do this with declining revenues is to dump more experienced employees by the thousands. This is depleting experienced ranks in the company and decimating morale.  More important, it is also causing extreme customer dissatisfaction. Not unlike strip mining, it may allow short-term gain, but it will take years to repair the damage - if it's possible at all.