Despite heavy investment — including multiple high-cost senior hires holding title SVP, Senior Principal Engineers, Senior Directors and Amazon Alumni under Peter Carrar, Amit Chatterjee and Ray Dolan — the Cloud Migration effort lacks visible outcomes. Leadership layers are growing, with GL17+ and PG18 roles concentrated at the top, yet execution remains unclear. Meanwhile, business-critical hiring is blocked due to budget strain. It raises a fundamental question: is this structure built for progress or just headcount inflation?
13 replies (most recent on top)
I love AWS, but I would hate to be the one doing a migration...
To be fair in my experience I have hardly seen any large corporation move to the cloud and actually save money, improve productivity and performance. It has always been incredibly expensive, needed a whole new set of employees, layoffs, systems knowledge shortages etc. The only company that truly benefited from cloud computing migration is Amazon.
For a bank like this who basically is designed to run on vendor solutions what difference does it make where the solution is hosted? We are not being clever about this at all.
Trying to be like some west coast tech company will only end in failure when you don’t have their talent, vision or commitment to deliver a product or service at their level.
@nh Only 3? Then why so many posts?
@m2 Hiten Chaddha, Anirudh Kaul, and Mohan Vaze—each with prior Amazon experience.
@jj is there anybody left from Amazon? Looks like lot been pushed out.
Amazon alumni is not a flex at all. If they were that talented, they'd still be at Amazon
@e4 "one size fits all" is one of the worst things TOS has implemented. My group has had soooo many problems trying to fit our round peg in their square hole. We also run into the 7 steps to guaranteed failure over and over again.
1 - You need to use this system ONLY!
2 - Ok, let us use it.
3 - NO! Only we can use it, you must go through us.
4 - Ok, let's go through you.
5 - NO! We are too busy, stop asking.
6 - Ok
7 - You are now in violation of mandate 1234567890 for not switch to the new system!
Even if we had free donuts, we are out of coffee.
Free donuts? At my RTO location we don't even have soap or paper towels in the kitchen/break room. We have to bring our own or go without.
There are no more free doughnuts. They cost too much.
The technical management of this company is made-up of failed programmers. Consultants sold the d-mbell management team a story and they swallowed. Management has zero technology experience. They are awesome at creating meetings to stroke their egos and finding free donuts.
The Cloud Migration project was sold by naive upper IT management to senior management as a great way to save money while being able to brag about Azure migration. However, for the majority of cases, it has proven to cost the bank significantly more money with poorer performance.
The "one size fits all" mentality doesn't work in IT, has never worked in IT, and this has proven - once again - that it doesn't work.
However, this was revealed early in the process, but due to commitments made by upper IT folks, they couldn't back out. It's been a perfect example of a Sunk Cost Fallacy.
Anywhere else, folks would have been fired on the spot for making such a horrible decision that has done nothing but cost the bank money as the cost/benefit simply never existed to begin with. They were just too ignorant to understand the sales pitches they were being given were exactly that - sales pitches. There are many instances where it has increased the costs to the bank ten fold with a 30+% degradation of performance.
But hey - it's allowed Dilip and his folks to hire more offshore contractors in India, and that's been their main goal from the start.
Is this a Talk To Us survey question?