Who knows why? We’ll see if Cavuto talks about it tomorrow.
**The direct impetus for this column is IBM’s internal plan to grow earnings-per-share (EPS) to $20 by 2015. The primary method for accomplishing this feat, according to the plan, will be by reducing US employee head count by 78 percent in that time frame.**
It must be because of Unions. No, wait, IBM doesn't have unions. Like in all such offshoring, it's not taxes, it's not regulations, it's the cheap labor, stupid.