Google is poaching lot of ibm engineers who have been there for decades in chip design.
These people are distinguished engineers and what not so ibm can definitely not match what G is paying because that's probably the max they could pay.
(G can pay more to their senior engineers than ibm can to their vps)
Ibm cannot exit Z hw business if it has any ambtion to be a tech company because that's the only monopoly remaining on top of which AK is basing his strategy.
They might exit power business though.
No one is licensing ibm (chip) technology because they have to build all the tools around it, arm already has support for everything and i think they might be building arm based cpu like apple.
That being said i hope ibm doesn't have anyone left to execute any new changes in their hw team and they have to beg people to even consider them.
Rot in he-l ibm