[boondongle]

No - it's that they fired their vets in high cost areas and kept them in low cost areas.

A large number of vets can now choose to reapply for their old job (or similar job) at a fraction of the price with their pension/benefits reduced and the vets in low cost centers now become the SMEs. In many places in the company they were not taken seriously due to both internal politics, but also quite a bit of performative "output" that either didn't do anything or had to be redone.

Nothing to do with AI - everything to do with Arvind Krishna. One of the reasons the market loves him, but the tech community doesn't necessarily take IBM seriously.