Last week Coindesk reported that “there is not really going to be a blockchain team any longer” at IBM. An IBM spokesperson branded the piece as “inaccurate”.
Our research found that there were layoffs, but they will have limited impact on IBM’s blockchain activities, if at all. The blockchain consulting side continues to expand. That is evidenced by recent hires, current job ads, and an internal IBM email from the heads of the two IBM Blockchain teams circulated after the “misleading media reports”. The email states that “we wanted to reiterate that blockchain remains an important priority for the IBM Corporation.”
Staff cuts were within the IBM Cloud team, which houses IBM Blockchain Platform and Hyperledger Fabric. However, the vast majority of the layoffs were business people rather than developers, leaving the core substantially untouched.
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