I remember way back when I was solo-sysadmin for a company and the new IT-manager wanted to move everything to O365 and "the cloud". He claimed it was because of increased stability. My issue with this was that O365 had 13 or something days of downtime that year, while our locally hosted stuff had something like 4-6 hours due to a power failure, at night.
Managed to keep it local until I left. They outsourced the IT-department after that.
I'm tired of helping companies move back and forward between Google Workspace and O365 while pretending I still work in IT.