The Shape Of The IBM To Come
October 11, 2021 Timothy Prickett Morgan
Big Blue is getting ready to spin off its managed services businesses, which represents about a third of its revenue stream and a big chunk of its employee base, into the separate company called Kyndryl and hopes to have this task done by the end of the year. Last week, IBM’s top brass had a virtual meeting with Wall Street to host its Investor Day, and IBM’s chief executive officer, Arvind Krishna, and the rest of the team unveiled a new segment and financial reporting structure that will be put into effect once the Kyndryl spinout is done.
At that …
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