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http://www.dvhart.com/2012/04/cringely-on-ibm-looking-back/

I thought about writing something like this for a while and kept avoiding it, feeling like I would somehow offend someone that I worked with at IBM. But this post isn't about them, it's about the bigger picture, one that the leaf nodes have very little insight into or influence over. Cringely's posts pushed me to finally do it. To all my current and former colleagues from IBM, I wish you the very best and I truly hope you can find the means to turn the ship around (or that Cringely is just dead wrong).
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Sean O’Connor's profile photo
 
That rumored reduction in headcount seems almost impossibly drastic (over the time scale reported.) I couldn't tell, but have those plans been confirmed by anyone inside the company?