Technology
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That's the thing, 'cloud' is just another tool in your toolbox. It's the right tool for some workloads and the wrong one for others. The fact they've shifted the work to their own servers and kept the ops team suggests it was the wrong sort of workload to be in the cloud in the first place.
For a while there was an obsession with moving everything to the cloud, and that was always going to be an expensive mistake in a number of different ways. Hopefully, as the hype dies down more nuanced decisions will be made. There's a whole gamut of options between all in the cloud and all in the data centre, and when people jump straight from one end to the other I'm put in mind of Hamlet's quote "There are more things in heaven and earth, Horatio, / Than are dreamt of in your philosophy." Understand your workload, understand your business' future plans and their needs, and then make a plan, considering all the tools at your disposal.
I hate the obsession to move to the cloud and the obsession towards serverless or functions.
Functions are stupid and crazy for anything that is actually used often.
For small utilities, they make a ton of sense, but next time I see an app with millions of requests per day using functions, I'm going to lose my mind.
Years ago I was the senior techie in designing and implementing distributed high performance server systems and what you reminded me of just made my blood start to boil... :/
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If there's anything that 3 decades in Tech have taught me is that fad-following commonly rules it, even with the supposedly logical (but not really) techies.
Cloud storage and cloud computing became a fad about a decade ago (I still remember the hype repeated by people who had never actually designed distruted systems) so there were tons of people jumping headfirst without a plan into it for the hype and the seemingly cheaper price (if you didn't think your needs and future evolution through) even though it wasn't the best choice for them.
No doubt well see the same kind of fad-following over making-sense-for-us thing with the latest hype-train: AI.