Who says IBM is dying? They aren’t anymore (since a long time) at the bleeding edge of research, but they still have a solid consulting and integration business. They also offer decent salaries and good opportunities for sales-oriented technical people. It wouldn’t be my first choice of employer, however I can see how some people would enjoy working there.

Dying may be extreme. Perhaps it’s safer to say that they are in the mode of returning capital to investors rather than growing.

I’m at a large customer of theirs and they are bleeding the customer for every dollar as they get phased out. Very low caliber of services professionals too.