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Comment Actually, this indicates quite the opposite (Score 5, Interesting) 73

Companies don't spin off business lines into independent subsidiaries when they foresee lots of profits in the future... this is what they do when they're trying to cut their losses.

In other words - IBM is basically cutting their losses with regards to quantum computing. They may technically keep the unit alive, but they're gonna tighten expenditures significantly.

Comment Re:Shows you what they were thinking (Score 4, Interesting) 97

The surprising part is that any of the engineers went back after the company had treated them like that. I guess they'll just be saving money until they get sacked again.

What alternative do you think these guys had? They've got bills to pay and families to feed, and all of these companies have been dumping skilled employees like crazy due to leadership's sophomoric belief that AI can do everything.

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