I.B.M. is going casual but it's staying put
Article Abstract:
IBM CEO Louis V. Gerstner, Jr announces on Feb 3, 1994 that the company will adopt a more casual dress code and build a state-of-the-art headquarters in Armonk, NY. The news was broadcast to employees via an E-mail message and marks a trend away from the unofficial IBM dress code of a dark suit, white shirt and tie for male employees and a dress or skirt for women employees. IBM also plans to sell its current headquarters in Armonk and construct a new building with a more collegial atmosphere for better employee interaction. The new building is also slated to have built-in wiring for computer network, satellite, cable and videoconferencing technologies. The current Armonk building cannot support modern modems. City officials for Armonk and the surrounding town of North Castle are pleased with IBM's plans for a new building, which will bring revenues to their locale. The cost of the new building is estimated at $60- to $70 million.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Is this the factory of the future? On the Internet clock, middlemen are turning into manufacturers
Article Abstract:
Stiff competition in the computer industry is blurring the lines for all US manufacturers, distributors and retailers. Cheap foreign labor, new superstores and the Internet are driving further reorganization of an industry that already demands rapid technological change. An example is Ingram Micro, which already assembles products for manufacturers who hold more than one-third of the US computer market. The largest international distributor also aims to emulate computer dealers in nearly all areas. Among its other offerings are retail, shipping, World Wide Web site deployment, telephone answering, and bill collection. Manufacturers delegate assembly to others so they can focus on design and advertising. Retailers contend with new competitors such as Internet sites and vendors who sell directly to the public. Wholesalers have defied predictions of their demise by thriving on assembly and logistics.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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The strategy for I.B.M.: loss-leader PC sales
Article Abstract:
IBM's market share of PC sales has dropped below that of Compaq and Dell and its PC unit is operating in the red. These factors have led CEO Louis Gerstner to announce that IBM will only sell PCs on the Internet, eschewing the retail market. Despite these setbacks, IBM will continue to remain in the PC market because of its importance for the overall technology industry.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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