Updated Apr. 25, 2013 at 7:56 a.m.

Premium Lock Panic at Big Blue? CEO reprimands workers, reassigns a top exec

Published: 2013-04-25 07:47:00
Updated: 2013-04-25 07:56:22

Virginia Rometty Virginia Rometty. (IBM photo) Image 1 of 2 · Next Image…

By delivering what the Wall Street Journal describes as a "reprimand" to the entire company through an internal video and in reassigning top hardware executive Rod Adkins - who had been a contender for the CEO job - IBM CEO Ginny Rometty shows that Big Blue is in trouble. Can she right the ship?...

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Classic. Adkins gets a new job with a Senior VP title - managers at IBM never actually get disciplined or lose their positions, they just get another assignment. And the employees that actually do the hard work get reprimanded and threatened. This is typical at IBM. Didn't see where Rometty took any responsibility.
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