Meh, if you've been following their day to day business, mainframes are just one part. IBM now is primarily a big IT consulting business (think Java, not zOS),

Meh, if you've been following their day to day business, mainframes are just one part. IBM now is primarily a big IT consulting business (think Java, not zOS), one of those semi garbage shops like HP Consulting, Oracle Consulting, TCS, etc. They're a 2nd or 3rd tier company as far as job quality and compensation is concerned. I wouldn't worry about them, these companies will probably outlive the both of us.