Employees who took the IBM Separation Allowance Plan used to get 6 months pay. Now it's one month.
Editor-in-Chief, ZDNet; Editorial Director, TechRepublic
Larry Dignan is Editor in Chief of ZDNet and Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Ba…seline. He also served as the East Coast news editor and finance editor at CNET News.com. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism and the University of Delaware.
Like previous quarters, hardware remains a sore spot for IBM. However, the company delivered better than expected earnings and sales in the second quarter.
July 17, 2014 by Larry Dignan
IBM historically doesn't break out its cloud computing revenue, but has targeted sales of $7 billion a year by the end of 2015.
July 31, 2013 by Larry Dignan
In IBM's fact sheet on the overhaul, the company made it clear that it was going after EMC, NetApp and HP.
June 3, 2012 by Larry Dignan
Hardware and software gains are expected to propel IBM's first quarter. The services unit results will be closely watched.
April 16, 2012 by Larry Dignan
The new software is designed to integrate with big data systems, compress data and provide quick data warehouse querie
April 2, 2012 by Larry Dignan