I worked at IBM few years ago and used to work with bunch of old folks. I was 25 and my team mate was 67, returning as a contractor after retirement. They have too many old technologies being used internally and too many old folks. If I were Ginnie, I’d fire old folks and hire some fresh brains for sure. Their products aren’t so competitive in today’s market.
I’m confused. It looks like IBM was looking to cut fat, and went after the largest offenders (those that make the most money). Are companies no longer allowed to address budgeting issues without because accused of X?
If said company is making actual money and growing revenue based on products the younger crowd is developing, then sure. But when those products are just meh, and the only solution is to 'Agile' because everyone that knows how to actually engineer software has been cut...then yeah, accuse away. Shareholders should actually be upset by this rather than thinking about a short-term bump.