Pretty much. They've been scything employees for as long as I've been working. They've also been in court many times over age discrimination...at least for as long as I can remember.

They had their own decently sized building where I used to live, now there isn't a single employee in the entire state.

IBM is far past the point where they can appeal to younger folks. They have no headspace in anyone under 40, and certainly not with anyone with any talent.

What large company isn't in court over age discrimination? Google just settled a class action where one job applicant was literally asked to put his graduation year on his CV "so the engineers can see your age".