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Also, failing companies that use layoffs to restructure can succeed. For an example see IBM in the 90s. It’s hard but possible. And since the article uses st

Also, failing companies that use layoffs to restructure can succeed. For an example see IBM in the 90s. It’s hard but possible. And since the article uses stock price as a proxy for success, IBMs stock struggled for a long time afterward. It hit an all time high in 2025. And then there are non tech industries that just go through cycles, like oil.

derwiki 2y ago
IBM is up 40% from its previous 2012 high point. In the same time, S&P is up nearly 400%.
- ghaff 2y ago
  Its stock has done pretty well the past couple of years. (And it's a pretty good dividend stock as well.)