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IBM and the Gun-Shops

IBM has evolved. The market cap of IBM is about $110 billion while Microsoft is $1.62 trillion as I type. IBM used to be the American special breed in the world of technology.  Preparing a presentation for a tech board on Strategy, I came to this piece by the Atlantic. I laughed and laughed even though it was not supposed to be a laughing matter. Yes, Atlantic wrote: “When IBM abandoned lifetime employment in the 1990s, local officials asked gun-shop owners around its headquarters to close their stores while employees absorbed the shock.”

 

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Times have changed, the world hasn't become poorer, more people have left poverty station; just that human tastes and wants keep evolving.

Today, a corporation can tell you it's shedding five thousand jobs, if you complain, another will announce ten thousand job cuts; yet the world keeps moving...