Today's IT buzzword is Evolve. It means that IT leadership will shrink here and grow there making it look like something new has emerged. But it's the same people sitting at the top and middle levels of the IT food chain shuffling themselves around while waiting for the Chief Incompetence Officer to retire so they can all fight for his job.
Meanwhile, the folks who actually keep IT running, despite the endless string of head-scratching ITLT decisions, are all wondering how they're going to fit 48 hours of work into a 24 hour day when another person who holds key operational knowledge is shown the door and an unskilled replacement is magically expected to absorb that knowledge by simply showing up for work the next day.
Our IT department has gotten worse every day since May 1, 2012 and it will not get better until the guy at the top floats off under his golden parachute. Hopefully that will happen soon enough that what's left of a decimated IT department can be salvaged.