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Title: Inside IBM's Historic Turnaround - Part 1 (1885 ? 1970)
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Business |
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| Date: |
October 2, 2002 |
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3 / 822 |
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When most other businesses had shut down, Watson kept his workers busy producing new machines even while demand was sagging. Thanks to the resulting large inventory of equipment, IBM was ready when the Social Security Act of 1935 brought the company a landmark government contract to maintain employment records for 26 million people... Showed first 250 characters
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It was called "the biggest accounting operation of all time," and it went so well that orders from other U.S. government departments quickly followed.
In 1935, 28 years before the Equal Pay Act, IBM recruited its first professional women. Founder, T... Showed next 250 characters
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