Louis Gerstner, the former International Business Machines chairman and chief executive who engineered a turnaround at the then-struggling computer giant in the 1990s, has died at age 83. Gerstner, ...
If you work at Costco or happen to have walked by one of their computers and wondered if you've traveled back in time, you're not alone. It's not only a phenomenon at Costco, as Home Depot and many ...
Donkey Kong had only just started lobbing barrels at a chunky Mario as he climbed up wonky ladders, Ronald Regan had recently taken over the white house, and the very first Duran Duran album had just ...
Tech Layoffs: IBM’s 1993 layoff of 60,000 employees remains unmatched, a stark reminder of how quickly a corporate giant can ...
Before AI layoffs, there was IBM. In 1993, the tech giant laid off 60,000 people—a record that still stands today. Read the full story of the biggest corporate cutback in history.