Thread regarding IBM layoffs

The exodus continues

https://www.ledgerinsights.com/ibm-blockchain-cto-departs-with-two-key-hyperledger-fabric-developers/

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Post ID: @OP+1b49iXRX

9 replies (most recent on top)

And whatever viability remains of Blockchain will be stifled for the next 20 years by all the "The same old Method X, but now on the Blockchain" patents that IBM has filed and will probably be granted.

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Post ID: @1pir+1b49iXRX

Another dead project because of IBM...

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Post ID: @1hry+1b49iXRX

“ Everyone (not just IBM) has bet way too much on blockchain without enough understanding of what it can be used for.”
No diff than watson

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Post ID: @1dst+1b49iXRX

The various Hursley development teams are losing people every day. Most of the Event Streams team is gone, the MQ team is looking for 5 new team leads. This is pathetic…

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Post ID: @esn+1b49iXRX

The problem is most people are trying to use blockchain when a regular database would work just as well. There's very few good business cases for a true blockchain solution, although the ones that are good, are really good. Everyone (not just IBM) has bet way too much on blockchain without enough understanding of what it can be used for.

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Post ID: @vtz+1b49iXRX

"...For the record, a separate division, IBM Global Services, provides consulting to businesses and has continued to expand. ..."

Apparently they don't know the difference between contracting and consulting and missed the last quarterly report...

Or at the very least they need to distinguish between GBS and GTS...

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Post ID: @oli+1b49iXRX

Gari Singh, CTO of IBM Blockchain, has left the company after 15 years to join Google Cloud. Separately, in the last month the two top Github code contributors to Hyperledger Fabric have departed after 17 year and 22 year careers at IBM. One of them was IBM’s Senior Technical Lead on Fabric, the other a key maintainer.

The departures were staff leaving of their own accord and not part of the January layoffs in which IBM Blockchain, which deals with core blockchain technology, was merged with IBM’s supply chain solution Sterling. At the time, the job cuts focused on business personnel and the Fabric development team was kept intact. Until now.

For the record, a separate division, IBM Global Services, provides consulting to businesses and has continued to expand.

One might assume that the departures resulted from morale issues, but Singh set the record straight. He said the layoffs delayed his departure to help with the reorganization and attributed the moves to the maturing sector and developers that are attracted to a greater level of innovation. And working three to five years on the same project is a long stint.

Elsewhere in the enterprise blockchain sector, R3’s lead engineer Mike Hearn left the firm in March. He had already long since moved on from Corda blockchain development and led the Conclave secure computing project. Talented developers need the stimulation of innovation.

In terms of moving forward, Singh observed that Fabric has reached the point where there are tradeoffs between stability and innovation. Enterprises demand stability, which may mean the project has erred in that direction.

Our previous research found that Hypledger Fabric remains enormously dependent on IBM to maintain and develop the open source project. There is still a decent core of developers at IBM working on Fabric, but clearly, the departure of three key personnel will have an impact.

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Post ID: @npj+1b49iXRX

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