Re: IBM only cut the deadwood
IBM hasn't cut the deadwood, they're the lichen that survive and play the game and will be he last ones there.
All the good sellers that I've known in IBM are all leaving or actively job hunting, the best part of this is that it seems the IBM Execs are all still there, so I guess that the reason for 17 quarters of losses will continue until there's no one left.
The strategy of rush to the cloud has been at the expense of core systems, that sales people are still expected to sell.
I look forward to the day that the axe is chopping the deadwood out of the management chain, at which stage IBM will probably be in the black the following quarter.