Search results
Results from the WOW.Com Content Network
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.
The 2009 initial funding, the 2010 initiation, the 2016 implementation, and ongoing operation of what would become the Phoenix pay system, was overseen by a series of the Department of Public Services and Procurement Canada Ministers, spanning the tenure of former-Prime Minister Harper (February 6, 2006 – November 4, 2015) and Prime Minister Justin Trudeau (2015–).
PayPal’s A.I. pitch hits at the core of the current moment in the tech industry, with layoffs mounting and one of the sector’s largest players, Meta Platforms, touting a "Year of Efficiency.”
Almost 78,000 Queensland Health staff received inaccurate pay, or no pay at all, for a number of months due to serious system defects. These defects, delays and other issues resulted in the total end-of-project cost being $181 million, with an estimated ongoing cost to repair, maintain and operate the system of around $1.2 billion over eight years.
The then CEO Frank Moss saw the company listed on NASDAQ in March 1995 [6] and the subsequent merger into IBM in 1996. [7] At the start of 2002, Tivoli Systems Inc, became Tivoli Software, a brand within IBM. [8] IBM initially grew the software portfolio under the Tivoli brand through development and acquisition.
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. ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
For premium support please call: 800-290-4726 more ways to reach us