[thereallurch]

http://www-03.ibm.com/systems/z/solutions/cloud/

They are. IBM's mainframe business is quickly becoming a dinosaur, cloud or not.

The furlough is a way to prevent another round of layoffs. By furloughing a division, you can save X%. You cant have two rounds of layoffs within 3 months and not destroy existing projects.

[ams6110]

People have been calling mainframes "dinosaurs" since the 1990s at least. They still keep selling. The mainframe division was the only hardware division that is still showing growth, according to the article.