In this combo made from file photos, logos for IBM Corp. , left, and Ford Motor Co. are shown. At IBM, layoffs, automating of tasks and other cost-cutting measures should save $3.5 billion this year, the company said last week after smashing quarterly earnings projections and raising its full-year profit forecast. Ford, meanwhile, notched a $2.3 billion profit in the second quarter, a year after suffering the worst loss in company history. AP Photo logo AP Photo 4 months ago

In this combo made from file photos, logos for IBM Corp. , left, and Ford Motor Co. are shown. At IBM, layoffs, automating of tasks and other cost-cutting measures should save $3.5 billion this year, the company said last week after smashing quarterly earnings projections and raising its full-year profit forecast. Ford, meanwhile, notched a $2.3 billion profit in the second quarter, a year after suffering the worst loss in company history.