Large companies are not going to disappear. Multinational companies with tens of thousands of employees are not going to disappear. In fact, many of them are getting larger because they can benefit from economies of scale.
Sentiment: POSITIVE
Eventually, all companies are replaced.
Too many companies are just being big for the sheer sake of it. Too many CEOs thinking bigger is better.
You cannot have companies where many of the largest ones lose money indefinitely without someone finally waving the white flag, and IBM is the most recent example of that.
Big companies are often in the process of laying off workers. Small startup companies are the ones that are hiring. The statistics prove that's where job growth is going to occur.
And our size: The company this year is going to be close to $50 billion, so if that's the case and you can continue to grow that fast, I would rather put my energies to solving customer problems and growing our business than worrying about integrating and laying people off.
We are No. 1 worldwide by quite a margin on the client side and expanding, according to IDC and others, every single quarter. Our expectation is that the industry will consolidate and that more of our competitors will exit.
Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less.
The jobs aren't going away. They're bringing in people to replace Americans in those jobs. And this Trans-Pacific Trade Partnership, it makes it worse.
Twenty years ago, you might have been pessimistic and said there's no hope. But these days, some of our very biggest companies are acting remarkably cleanly. And in some cases, although not all cases, the CEOs are the driving forces behind that.
Future companies will be smaller and more nimble.