Submitted by STCMEMS on Sun, 11/06/2011 - 13:12
Crain's New York Business
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Warren Montgomery joined IBM out of college 30 years ago, expecting the lifelong employment and blue-chip perks that others in his Hudson Valley family had enjoyed: weekends at the company's country club, car loans made easy, and those silver spoons.
“When your kid was born, you'd get a silver spoon,” he said. “It was as if the kid was born with a silver spoon in his mouth because he was born to an IBMer. Why would you want to go anywhere else?”
Layoffs in the early 1990s changed all that. IBM's vulnerability startled employees and signaled a crisis in the state's high-tech economy. Mr. Montgomery jumped ship, embarking on a nearly two-decade odyssey that has mirrored the volatile growth of global computing and New York's struggle to reclaim its perch in the nation's high-tech economy.
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