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What happened to IBM in 1990?

Despite the antitrust suit, recessions, and other exogenous forces, IBM continued to grow. That growth continued unabated through 1990, when it posted revenues of nearly $69 billion and net earnings of $6 billion. Then began a quick and sharp decline, leading to the ouster of CEO John Akers and the hiring of Louis Gerstner in 1993.

How many employees did IBM have in 1990?

Then began a quick and sharp decline, leading to the ouster of CEO John Akers and the hiring of Louis Gerstner in 1993. IBM's employee population peaked in 1985 at 405,536 workers, and ended 1990 with just over 373,000, reflecting the already evident financial and operational crisis faced by the company. Footnote 91

What did IBM do in 1987?

1987: Antivirus tools. As personal computers become vulnerable to attack from viruses, a small research group at IBM develops a suite of antivirus tools. The effort leads to the establishment of the High Integrity Computing Laboratory (HICL) at IBM.

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