IBM cuts 3,900 jobs, misses annual cash target
IBM’s 2022 cash flow was $9.3 billion IBM Corp announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations…
Demand Destruction a Concern for 2023
Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales. IMAGE: Getty Images Auto industry analysts…
