It seems appropriate this week to post about how layoffs affect work and family. At IBM the employees have lived with constant layoffs--called resource actions in IBM speak, since Lou Gerstner took over the company in 1993.
This is one example of how Gerstner's elephant--and that of his successor's, "danced" on the livelihoods of their employees.
These are chapters from Peter E. Greulich's "A View from Beneath the Dancing Elephant" a different perspective from Lou Gerstner's "Who Says Elephants Can't Dance?"
It explains why IBM's employee productivity has been dropping for more than two decades.
It seems our corporate leadership should be reading this.
Peter E. Greulich
Pete has been studying IBM and early American corporate history since his retirement in 2011. These are his thoughts and musings, and of those whose biographies he has read with links to articles and book reviews on this website.