[Release 1.29] Simplify svclb ds

[manuelbuil]

Backport: #10954
Issue: #11081

[codecov]

Codecov Report

Attention: Patch coverage is 71.42857% with 2 lines in your changes missing coverage. Please review.

Project coverage is 43.62%. Comparing base (ab5ecb3) to head (03c2d73).
Report is 1 commits behind head on release-1.29.

Files with missing lines	Patch %	Lines
pkg/cloudprovider/servicelb.go	71.42%	1 Missing and 1 partial ⚠️

Additional details and impacted files

@@               Coverage Diff                @@
##           release-1.29   #11084      +/-   ##
================================================
- Coverage         49.53%   43.62%   -5.91%     
================================================
  Files               178      178              
  Lines             14939    14887      -52     
================================================
- Hits               7400     6495     -905     
- Misses             6183     7193    +1010     
+ Partials           1356     1199     -157     

Flag	Coverage Δ
e2etests	36.43% <71.42%> (-9.70%)	⬇️
inttests	19.90% <0.00%> (-17.02%)	⬇️
unittests	13.48% <0.00%> (+0.04%)	⬆️

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