Thread regarding Fidelity Investments layoffs

@bz and PEGA. Z wires were the best.

Us old folks just waiting for contracting gigs to pay $200/hr.
Pay it or drown in 100s of thousands of COBOL code and old business logic.

@d5 what 70 year old would spend their remaining days helping this company

F that - I’m half their age and I can’t spend another year

I can say for certain, the level of knowledge of the apps still on the mainframe is dwindling. Most of the knowledgeable folks have left in prior VBO's. Some folks in their 70's are on retainer in the event that their knowledge is requested. The people left are trying to absorb as much as they can but it is overwhelming. If you think AI can simply 'convert' the code to modern infrastructure, you're crazy. You're not going to wave a wand over this and presto, we have new modern apps.

I miss SAS

Mainframe IS the 'CLOUD' duh. Just 1 computer that everyone logs into and rents space on. Same as AWS and all that cr-p. What comes around goes around and just gets rebadged with a slightly different flavor.

We'll be back to being allowed to work hybrid again before Mainframe goes away.

They are already off the mainframe during day , back on it during night lol

How much $$$ did they waste saying this in the last 10+ years?

yes. Chat GPT is doing it since we couldn't.

Off the mainframe by 2020, off the mainframe by 2025, off the mainframe by 2030

FPRS

FBSI going away?