Taking Action to Thrive and Grow Our Company

IBM-Bob-McBobberson sent the following email to IBM employees earlier today. Greetings, IBMer's! I know that these are challenging times for our company, and it is with a heavy heart that I must notify you of our need to make some significant changes. We regret to inform you that 10% of our employees will be laid off, and that the cause of this is music. Yes, you heard me correctly. Music. It seems that our company's reliance on music in various business transactions has led to a decrease in our profits. As a result, we have to make some difficult decisions in order to remain competitive. Do not think that this is an easy decision for me to make, but sometimes we must make difficult decisions in order to remain competitive in the ever-changing business landscape. Now, you may be wondering why this has happened, and why I am blaming others for this situation. This is because our competitors are using innovative techniques to increase their profits and staying ahead of the curve. As a result, we have to find new ways to remain competitive and grow our company. To do this, we must make difficult decisions, including reducing our workforce. Again, it is with a heavy heart that I inform you of these changes. I know that this will be difficult for many of you, but I am confident that we will come out the other side of this crisis stronger and better. Thank you for your understanding and your commitment to the company. Sincerely, Bob McBobberson IBM CEO