GTS and IBM aren't the same thing
El Reg says "Eight in ten services personnel at IBM could be working in lower cost labour countries by the end of 2017".
This is misleading as the article references IBM's GTS division only, rather than the organization as a whole.
If it'd said "eight in ten services personnel at the GTS division of IBM could be working in lower cost labour countries by the end of 2017", I'd have no complaint.
GTS isn't all of IBM, and there are plenty of services people outside of GTS but inside IBM (GBS, Systems, Cloud etc).