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Last week, IBM reported its first quarterly earnings miss in eight years, and the company said at the time that it would spend $1 billion cutting jobs among its workforce as a way to reduce expenses.
IBM Corp. has laid off roughly 1,100 workers in North America this week, a union organizing group said Tuesday. Lee Conrad, national coordinator at Alliance(at)IBM, said that employees are ...
The Phoenix pay system is a payroll processing system for Canadian federal government employees, provided by IBM in June 2011 using PeopleSoft software, and run by Public Services and Procurement Canada. The Public Service Pay Centre is located in Miramichi, New Brunswick.
IBM approached the state government, stating that it would need a total of $181 million, almost twice the original contract value, to deliver the scope of works required. By 1 July 2008, the former Queensland Health LATTICE payroll system had fallen out of support from the vendor and was effectively unsupported outside of in-house technical ...
The Commercial Processing Workload (CPW) is a simplified variant of the industry-wide TPC-C benchmarking standard originally developed by IBM to compare the performance of their various AS/400 (now IBM i) server offerings.
When looking at IBM stock, the valuation metric that stands out to me is its price-to-free-cash-flow ratio of 18, which measures the company's $215.2 billion market capitalization against the $12. ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
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