February rundown: SaaS-pocalypse now?

February rundown: SaaS-pocalypse now?

From The ITPro Podcast by ITPro

February 27, 2026 · 22 min · Episode 339

About this episode

The episode discusses significant news from February, including AI's impact on jobs and the future of the SaaS model.

February is the shortest month, but you wouldn’t know it from the sheer amount of news that’s broken in just the past 26 days. Amid growing fears of AI stealing jobs, OpenAI’s CEO Sam Altman has claimed that firms are simply using the technology as an excuse for mass layoffs. Earlier this month, a series of Anthropic releases drove stocks down at a range of companies – all tied to fears that the SaaS model might be on its way out. Also this month, Pure Storage has rebranded as Everpure – what’s behind this decision and what does it say about the company’s strategy going forward? In this episode, Jane and Rory welcome back Ross Kelly, ITPro’s news and analysis editor, to explore some of February’s biggest stories. Read more: Sam Altman just said what everyone is thinking about AI layoffs Why Anthropic sent software stocks into freefall Anthropic says Claude Code can help streamline 'cost-prohibitive' COBOL modernization, but IBM says it's not that simple What might cause the 'AI bubble' to burst – and what impact would that have on the business world? Pure Storage snaps up 1touch in data management pivot

People in this episode

Hosts: Jane, Rory

Guest: Ross Kelly

Topics covered

  • AI and job market
  • SaaS model concerns
  • Corporate rebranding
  • Tech industry news
  • February news roundup

Keywords

  • AI layoffs
  • SaaS
  • Anthropic
  • Pure Storage
  • Everpure
  • tech news
  • February roundup

Mentioned in this episode

Organizations: OpenAI, Anthropic, Pure Storage, Everpure

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