Thread regarding IBM layoffs

You are 100% correct. This attitude especially applies to asserting Cloud certifications for highly regulated industries such as HITRUST and FedRAMP. For years, I and many other executive leaders advocated for IBM to make these investments but we all heard was ‘show us the clients’. However, it doesn’t work that way— clients expect that those certs are already in place and they won’t do business otherwise. IBM has lost hundreds of millions of dollars to competitors who have already been there and done that. It’s probably a lot more— this is based on my specific experience on lost deals. I don’t know about you, but after 20 years of employment ( I proactively retired in 2020), I’m done and that includes selling a large block of stock. I really tried to have high hopes with the new leadership but I’m not impressed. If I were you, I would cut my losses and go elsewhere where my skills and forward thinking investments were valued.

IBM is reaping the rewards of economy of snail.

Many GTS internal offerings weren't even in the cloud until the end of 2020. If you can't even figure out how to get your own stuff there, then how do you expect to get customers onboard?

Can confirm

IBM has always been reactive with their cloud.
Also... the number of sev 1 incidents I’ve gotten this week is ludicrous.
They should close their cloud and just focus on red hat services.

For years in SO (GTS) and e-bhs and all the hosting businesses - capital for new customers or additional capacity was treated as "emergency capital". i.e. not allocated in plan ahead of time. It was as if there was an assumption that another new SO deal would not be coming, or that there was not going be new customers for the pre-built ("cloud") datacenters. There was never capital allocated for organic growth of existing customers. Everything was treated as if these expenditures may never happen - even during the "good times".

This shows that IBM financial organization - the ones supposedly running the ship now - do not fundamentally understand the business of service - and never did. And their mentality made IBM slow, cumbersome and a loser in the cloud platform race.

Anybody could have seen this coming except the IBM executives. They let greed influence their decisions, share buybacks to prop up the stock to increase bonuses instead of pouring money into CLOUD. The longer the old IBM guard, thank god Gianni is gone, sticks around the further IBM will sink. AK needs to go as well...arrogant, do it my way or the highway . I took the highway to FREEDOM!!!!!

IBM is toast. Stick a fork in them. Done done done. Miserable place to work with id–ts in charge.

AWS and Azure have already won. Denial is a hell of a d–g.