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IBM needs help, and cutting costs isn't the answer. Their revenue has been falling for a decade now [0] I don't even know what it is that they sell anymore. I
by FredPret 2y ago
IBM needs help, and cutting costs isn't the answer.
Their revenue has been falling for a decade now [0]
I don't even know what it is that they sell anymore. I wonder if they do.
Also, I found this paragraph interesting:
> "Senior software engineers stopped being developed in the US around 2012," Blake said. "That’s the real story. No country on Earth is producing new coders faster than old ones retire. India and Brazil were the last countries and both stopped growing new devs circa 2023. China stopped growing new devs in 2020."
The ROI of one good engineer who understands their computer can be absolutely immense. The logical thing to do is to have some good ones and build an organization around them to help them focus 100% on building profitable things.
I get the feeling this Krishna fellow sees engineers as a cost to be reduced and thinks the value is added by the rest of the organization, rather than the other way around.
[0] https://valustox.com/IBM https://valustox.com/IBM