Thread regarding IBM layoffs

Nordcloud Acquisition (+450 employees)

  • IBM snaps up Finnish cloud firm Nordcloud as battle with AWS, Microsoft and Google heats up
  • IBM said the acquisition will “turbocharge” its hybrid cloud consulting ability.
  • IBM announced Monday that it has acquired Finnish cloud consulting services provider Nordcloud.
  • Founded in 2011 and headquartered in Helsinki, Finland, Nordcloud has a current turnover of around 50 million euros ($61 million) and over 450 employees, according to its LinkedIn page.

Source:

https://www.cnbc.com/2020/12/21/ibm-buys-nordcloud-as-cloud-wars-with-google-aws-microsoft-heat-up.html
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Post ID: @OP+18wSU9Ol

7 replies (most recent on top)

Looks to me it is to bring more customers to AWS, Google and Azure... I guess the IBM Cloud is done?

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Post ID: @3plj+18wSU9Ol

"...This is IBM's mass hiring program for cloud consulting. Call it what it is, An insult to many American employees working in cloud related fields. ..."

Everything Wall Street and perhaps Gov't does is an insult to the American Working Masses, LOL!

NAFTA, GATT, Offshoring, Offshore No Collar investments, etc.

That's before we talk about things like "One Ten", etc.

The American worker is stuck in the conumdrum of having to pay fully marked up retail price for everything... at USA prices... but having to compete with third world wage rates...

That's a pr-scrip-ion for getting crunched, to say the least.

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Post ID: @2kun+18wSU9Ol

IBM always acquires the wrong companies... and that includes Red Hat!!

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Post ID: @2ybm+18wSU9Ol

Been working in EMEA for 8 years and never once heard of this company. Sounds like a regional player in Nordics which were decimated by layoffs several years ago.

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Post ID: @qzf+18wSU9Ol

This is IBM's mass hiring program for cloud consulting. Call it what it is, An insult to many American employees working in cloud related fields.

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Post ID: @xzs+18wSU9Ol

The poor ba$tards.....

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Post ID: @lro+18wSU9Ol

this is a regional play at best...
also, i am having hard time connecting dots to red hat...

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Post ID: @tzn+18wSU9Ol

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