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Yep...worked for IBM for almost 5 years. This is what they do.

Massive Worldwide Layoff Underway At IBM

Jesus... 100K? Can't be... let me make a call.

Damn... hell of a machine!

Is IBM ripe for activist intervention?

I truly have no idea. I think the current CEO needs to go and someone (hell... anyone really...) needs to take over.

IBM Launching Web-Based Email Service

I might have to take a look!

IBM pulls the plug on Lotus 1-2-3

I SWEAR I thought Lotus 123 was dead like.... years ago!

Ya know... there are times I am SO glad I left IBM.

The Trouble With IBM

Good article. 
In the summer of 2012, five American technology companies bid on a project for a demanding new client: the CIA.

An estimated 6K MORE people will lose their jobs.