...acquisitions. "IBM is a highly profitable company with substantial revenues and cash reserves," said Peter Skyte, Unitenational officer. "The company, like others in the IT sector, is using the cover of the financial crisis to erode future...
http://news.zdnet.co.uk/itmanagement/0,1000000308,39671919,00.htm
...before the proposals are to be introduced in April 2010 if they are approved, the body explained. Peter Skyte, Unitenational officer for IT and communications, said that IBM is facing a 'backlash against its pensions' proposals...
http://www.bcs.org/server.php?show=conWebDoc.28060