Word: ibm
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...SHOCKING ENOUGH WHEN THE BLUEST OF America's blue-chip companies, IBM, announced last November that 20,000 of its 350,000 employees would either retire or resign by the end of this year. But when the estimate of departing workers doubled to 40,000 last week, the effect was numbing, both to the public and to the markets, where IBM stock is trading near its 10-year low. By the time the last pink slip and gold watch are handed out, the world's largest computer company will be but three-quarters the size...
...IBM's downsizing will change not only the volume but the very nature of its business. The company announced last week that it would reduce its manufacturing capacity 40% by shrinking many of its 30 factories worldwide. More than half the cuts will come from facilities that make semiconductors; others from the mainframe business, weakened by the growing popularity of personal computers. To pay for the cutbacks, the company said it would take a $2.1 billion charge against earnings, a move that could make 1992 the second loss year in a row. Top IBMers are trained to look...
...white-collar professional and clerical workers who spend their days pounding away at keyboards. An increasing number are responding in a white-collar way: with lawsuits. Hundreds of injured telephone reservationists, cashiers, word processors and journalists, McCool among them, are suing computer manufacturers, blaming the machines for their disabilities. IBM, Apple Computers, AT&T and Kodak's Atex- division, which produces a word-processing system designed for journalists, have all been named in the suits, which demand damages of up to a $1 million or more per victim. Last June, a U.S. district judge in Brooklyn lumped together more than...
...machines vigorously. They stress that the problem lies not with their keyboards but with how they are used. They also point out that other office equipment, such as chairs and desks, must be designed ergonomically, which means that they fit the individual's body and specific job needs. Says IBM spokesperson Brian Doyle: "IBM's position is that aches and pains in the workplace can come from a number of sources, including posture, adjustment of equipment and the amount of time spent performing a given task. Applying good work habits and good ergonomic principles is a shared responsibility of both...
Gates owns $6.7 billion in Microsoft stock and receives royalties on all computers sold using his MS-DOS operating system, the first such system developed for IBM back...