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One cost-cutting measure he is suggesting to his clients is to spin off components of their company, such as the maintenance division, or to outsource it.
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First, regarding the breaking up of banks, let's enact a capital gains tax cut for long-term investors in "too big to fail" banks whose boards and shareholders voluntarily spin off component businesses to effectively restore the Glass-Steagall separation of financial businesses.
Gerstner won't directly address whether IBM should bail out of some markets, but he insists he won't even consider spinning off the components business.
The coating process consists of four stages: deposition, spin up, spin off and evaporation.
Nortel and Lucent Technologies, which has said it will spin off a similar components business, are large customers of JDS Uniphase as well as competitors.
The United States and several Latin American countries had complained to the WTO about the practice.Spinning offAmerica's Rockwell International plans to spin off its automotive-components business, which had sales of over $3 billion last year, into a separately traded company.
If Lucent were to spin off its optical component business, it could still exploit the fast-growing optical market through its units that make optical cable and optical switching equipment.
Limited options for start-up and spin offs.
Lucent has already said it intends to spin off its microelectronics and optical components businesses into a new company called Agere, which will take with it about 16,500 workers.
The company, which now makes ceramic components for technical uses like electrical systems, was spun off and is now called Coorstek.
Nokia divested its component division to STMicro, and Ericsson and Motorola spun off theirs as well.
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