IBM

IBM offers fair salaries, acceptable benefits, reasonable (but declining) vacation time, and a huge internal network to explore positions. There are some very bright people who work for IBM, and they are an inspiration for what is possible.

Morale is generally in tatters after years of offshoring and 'Resource Actions' (euphemism for layoffs).

My team went from 9 people eventually to 4 with no change in total workload. Reductions only take into account the short-term company bottom line, not the quality of work that can be produced. Cut decisions happen at such a high level that I've seen very valuable people eliminated.

Culture is often tied up in older ways of doing things ("Because that's how we've always done it!"). New ideas are welcomed, but rarely acted upon, or take years to make even minor changes.

Shifting positions internally is often difficult as employees with seniority tend to just stay in one position, leaving no room for advancement without drastically shifting teams.

Go back to putting employees first and Wall Street second, and you'll end up with a better overall company. The short-term gains of mindless employee reductions are cutting some dead wood, but are also eliminating extremely valuable people who are going to end up working for your competitors and harm IBM on both fronts: the loss of the non-executive thought leadership, and the increase in the skills of your competition.