IBM to Managers: Move Near an Office or Leave Company::International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.

  • Im_old@lemmy.world
    link
    fedilink
    English
    arrow-up
    25
    ·
    9 months ago

    Or not even hire replacements, so they cut workforce AND don’t have to pay severance packages. Costs are reduced, earning are higher, shareholder are happy. Yes, it’s a relatively short term plan, but that’s what analysts and investors care about, short term returns.