In a post titled Big Blues: Why IBM is in trouble Robert X. Cringely is tough on IBM. What caught my attention in particular was the IBM consultant who commented they are expected to be billable 93.5 % or almost 1950 hours a year. Sounds like they are just removing 2 weeks of vacation and a week of holidays out of the possible 40x52 hours in a year.
If true, it should be a red light for IBM clients. Read more at TechSpend.