They lost their employees.
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Thought Co-Lo's and selling datacenter floorspace was the future in their cruddy deteriorating buildings.. When I saw Amazon and Google with nap spaces and free snacks for their employees back in 2005, I knew it was the beginning of the end..
With the new renaming of the Cloud division to IBM software we will now for sure quickly forget about anything Cloud..
They did not lose the cloud - they lost their dignity.. sad.. I don't even hear about them in the halls anymore.
Unfortunately, IBM was obsessed with stock buybacks and dividend payout vs investing in organic growth. It should have instead poured more money in their Cloud to keep pace with their rivals. They also failed to cloudify their software stack (and transform from perpetual to subscriptions) like Microsoft did. I suspect this comes the cultural resistance of the the internal compensation system.
Compensation and incentive misalignment of overall strategy is a big issue it seems at IBM from people I know who work there.
Some of us really, truly, tried to get IBM to do anything sensible. But no amount of effort will pay off with that company. It’s so sad. I had to leave in the end. Heartbreaking.
IBM did not lose the Cloud. It never had the Cloud in the first place.
IBM lost the Cloud in much the same way that I lost Michelle Pfeiffer.
Well said.
Processes and technologies are nothing without people that lives them and the magic and invisible glue of all of this is the the respect they deserve or they would have deserved , those people. Cause what is lost is lost.
Getting the USA headcount down to 8% of total worldwide employees has just been a bloodbath. NOTE its the only way to compete in the body shop business Commodity pricing
https://www.crn.com/slide-shows/managed-services/8-big-new-revelations-about-ibm-s-kyndryl-spin-off
When you lose the hearts and minds of the best employees and producers, the company will atrophy. What a shame for what was once great company that is trying to save its way to greatness again.
They sure as he-l did. I retired early because of the continued abuse, dumping more work and taking away earning potential!!! Very sad indeed!!!