Why is Worldpay hiring so many roles? I mean we will be RIFing a huge part of their legacy org with moving a substantial amount of our combined company's work to Mexico, India, and Manila within the next 12 to 18 months, beginning with before year end, then Q1 and a substantial one in May 2026.
Posts mentioning hashtag #offshoring
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Mention #offshoring in your post to continue the discussion!
McKinsey and Company is the one that runs the firm now
Demoralized by your peers feeling forced into accepting VSPs? Shocked by the ISPs? Me, too.
Now the additional layer as been revealed - the quiet demotions. Make no mistake, this is quiet firing. They want to make people miserable so they leave on their own accord and they don't have to pay severance. It also helps with their PR so they don't have to make it look like they laid more people off. This way, they can bring in younger, cheaper talent (and offshore and outsource more and more) and stay out of the headlines. This is "Consultant 101."
It's not just BCG, though. In case you hadn't noticed, they hired a bunch of partners from McKinsey & Company to run the show - David Chubak, Ryan Littlemore, Hasan Malik - all from McKinsey. I'm sure there's more I'm missing.
Then you have Nancy Killefer, Luis Ubinas, Byron Auguste - all on the Advisory Board and from McKinsey.
Don't know who McKinsey and Company is? Go look them up. They're the sc-m that both helped big pharma market opi--ds while simultaneously advising the government on how to combat the opi--d epidemic - using the same team of people. They are predators. They have no conscience. This is who is running the firm now.
I am so disappointed in the partner group as a whole. They should never have allowed this to happen. I hope they are ashamed.
Law of Diminishing Value
Hey Penny Pincher Pennington! The thin veil you put in front of every HO associate’s face will most certainly backfire! Hiring a ton of offshore associates for cheap won’t magically fix your problems!!! We tried it in the past! It doesn’t work!!! Ever heard of the law of diminishing value?? Welp, too late now!!!!!!!
Taxing outsourced tech jobs
High tech companies including Cisco are outsourcing non-technical and technical jobs to India, Canada and Europe. Why SBG hires program managers in Canada while there are hundreds of talented program managers in US and are unemployed?
Layoffs prior to Aug ‘25
How many people were let got in ‘24 and early ‘25 due to offshoring ?
Just move SWE to India already
The outsized focus on India sends a message that every other engineer should be heading to the exit.
Just get it over with.
Don't take today for granted
It’s been six weeks since the July purge, and the fallout is still being felt. The job market is brutal, even highly qualified people are struggling to get a single response.
Inside T. Rowe, the situation is even worse: leadership incompetence, suffocating micromanagement, and a relentless push to offshore jobs have left current employees on edge. The once-respected name of T. Rowe is crumbling, and morale is in freefall.
If you’re still there, don’t wait around and protect yourself before you’re the next one cut.
Sad reality
It's not the tariff situation at all. I've been looking at jobs for almost 2 years now because I knew this huge reorg was coming. The job market in US has cratered unless you're in a very highly specialized technical field such as AI, niche engineering. I am on the business side of things and you can get offers but they're few and far between. I applied for hundreds of jobs and got only like 3 interviews and a couple offers, lower than Chevron comp.
My SO in finance got laid off in 2022 and same problem tons of applications zero response. Finally got something at much lower pay.
The job market has fundamentally shifted and it;s been this way since at least 2021-2022. Offshoring is rampant. Americans are selling themselves out every single day. It's truly insane.
Bumping this from @ax+1k3nwm9t5, sad but true.
Before year end
My manager once again has let the cat out of the bag. You will likely hear in the coming weeks about significant additional cuts that they are going to do state side so they can reposition jobs overseas. They might as well rename the company Manilla Payments. Expect to see increase cost for our cr-p benefits (perhaps as high as 5%) and maybe 2% raises next year.
I hope a lot of people take the voluntary layoffs
It would at least lessen the chances of the rest of us ending up on the chopping block. I’m still hoping to keep this job. Not because I care about it, or about the company, but because the options out there are practically nonexistent. They’ll keep cutting and offshoring, and things aren’t going to get better. At this point, I’ll take even the smallest improvement in my odds of not becoming jobless.
AI has basically become a code word for offshoring
Sure, it has some practical value. It can speed things up and automate basic tasks, but it still needs constant babysitting. It’s nowhere near what it’s been hyped up to be, and it’s definitely not the real driver behind the layoffs. From what I’ve seen in recent media reports, it’s just turned into a convenient excuse for more cuts and offshoring.
New campus in India, is there a future here for American workers?
I'll be honest, i'm not feeling great about this announcement. Ive seen it before at previous companies and when this happens, majority of the opportunities dry up and most new positions open overseas. Wondering if anyone has an idea of what's going to go down. Are they planning layoffs? What areas are they planning on offshoring?
IBM Server Group -sent all US Level 1 and Level 2 Jobs to Cairo Egypt
IBM Server Group -sent all US Level 1 and Level 2 Jobs to Cairo Egypt.
IBM Finally got rid of the server hardware group in Atlanta.
All jobs L1 and L2 are farmed out to Egypt.
US GC Holders giving way to H1-Visa Cr-p
Yet again - US Citizens laid off and H1 Visa holders getting hired!
Shutting down India
All, we have heard we are shutting down India within the next year or two. CVX is taking the the top performers and we will need to look elsewhere.
Is the aim to offshore everything that possibly can be offshored?
Is that the end goal?
Willis CRB
New top heavy Martian C-suite means they’ll have to clear out mid-level Directors with long complicated titles to justify new inflated salaries. WTW typically lays folks off before the third quarter or right before the holidays. AI, innovation and offshoring are increasingly popular and very un-American. They have started for 2025.
H-1B and offshore
Former tech worker here. I left a few years ago. I am curious, how much have they increased the number of H-1B and offshore workers in the last 3 years?
100 percent a Pune and AI takeover
There is zero doubt. Not only did I already know this and have had discrete discussions with management, but I had the shocking experience experience of overhearing a very high higher-up talking about this situation to who I assume was a colleague in the lobby of another business! The goal is to send everything to Pune and ultimately have AI take over all they can. If processes fail, they fail; so be it.
They’ll offshore every job they possibly can
That’s the only thing you can truly count on working here. So I’ve stopped getting invested. There’s no real career path, no long-term payoff, and definitely no sense of job security. I treat my role like a temp position now. I show up, get my required tasks done, and that’s it. No extra effort, no engagement beyond what’s necessary. When my number’s up I’ll be ready to walk away without regrets. It’s just how you have to approach this place if you want to stay sane.
Nike unprepared for talent loss
https://www.financialexpress.com/business/investing-abroad-h-1b-visa-wage-based-selection-process-gets-a-green-signal-rollout-to-happen-in-august-3951253/
Beginning in March our contracting firms will begin losing their employees as H1b renewals fail, or Nike is forced to eat +25% salary increases.
Executives will naively think they can continue using the same person by sending the role overseas too, but our offshored teams have been underperforming (despite the rosy metrics they share to leadership). Only underdone by teams slapped together without care for colliding working hours and bedtimes.
Tighten your seatbelts. 2027 will be dumpster fire after dumpster fire.
Offshore managers are awful to work with
Long story short, I've about had it to my wits end with my offshore manager who I got reassigned to late last year. I am only a small minority on my team that's based in the USA. I get little to no support from my manager, they blatantly ignore slacking coworkers or instances of offshore team members HEAVILY inflating their task estimates or coming up with bs excuses every day when asked about progress on their work. I don't think I've seen them ever meet a single deadline without pushing everything in the backlog onto the USA devs. Manager is too passive and seems content with letting the US workers get walked all over. Why the f*** are they being put into managerial positions over US workers????
Is EDj being acquired by DC? Nothing makes sense. That does though.
Offshore, firings, opening an office in India. The Citi playbook. DC acquiring EDJ is the only thing that makes sense. Nothing else does.
Do more with less
Every time we had a meeting with our leaders, we're always told 'Man, It feels bad. Totally unprecedented. But we gotta keep our heads up. Support one another. Work leaner this year. Put aside all the angst and bottle it up.. etc'
Expect more layoffs and restructure in September/October 2025, especially for tech orgs. A lot of offloading being moved towards the Manilla and India teams. Our stock has dropped and is hovering in the high 80s, compared to 120 it used to be; but we can probably assume this economy under this administration isn't going to promote people to buy more (process more transactions)
Most of Intel manufacturing sites are Not in US, but in other countries (China, Ireland, Israel, Malasia, Vietnam, etc). Is Intel a US company?
Most of Intel's fabs, assembly and packaging sites are in other countries, not in US at all. Intel only has 60% fabs in US, and 99% assemble and packaging are in other countries (China, Malaysia, Penang, etc).
Does Intel count as a US manufacturing company? Its manufacturing in non-US countries is higher than other companies.
your bosses have put you in a lower class
they've taken away all of my onshore colleague's work and now are telling us if we don't hit certain performance metrics we will be fired. they told us we aren't to produce any work; that's for offshore to do. and now they're tracking our productivity. couldn't be more transparent that this is their way to fire us without severance or unemployment. my team is made up of smart people. people with degrees. they were told if they studied and got degrees in valuable knowledge work the US needs they could find decent jobs. these people have families they're support.
now we have been replaced by an administrative caste one rung above us who isn't accountable to anyone in this country. many of them have false credentials. all of the money paid to employees of this company that would have circulated in the US system is being removed and sent overseas. you have been replaced. this country is a fu--ing joke and we'll just sit here and take it. honestly if that's how we're going to respond we deserve it. we all deserve health insurance tied to employment. we deserve to be replaced and have our position in society given away. we won't fight for it and of course nobody is going to fight for you. we'll su-k it up and take it like little bi--hes and kiss the feet of our new administrative overlords from overseas, send them our money and thank them for it. fu--ing pathetic
Cumulus Media Outsourcing Traffic
Entire traffic department getting laid off, and jobs are being sold to Indian company Wipro.
FED tech support to be gone very soon and more jobs to be leaving the USA
I can confirm the rumors about outsourcing FED and PSONE are true , it slipped out in a meeting today.
And it gets worse: the entire IT service in the U.S. is set to be shut down.
Even more bad news : phase 3 will wipe out all Dell U.S. jobs in layered tech support, IM and SAM included.
For PSONE and FED, the target is August 2026. Phase 3 looks set for around January 2027. Phase 1 is already underway , they’ve started cutting jobs in the U.S., and the process is nowhere near over.
In short, it looks like Dell is shifting its workforce from the U.S. to lower-cost countries just to pinch pennies. The rumors about shutting down offices in OKC, Limerick, Cork, and elsewhere are probably true too.
What’s the deal with India?
I joined Fiserv in BH earlier this month and confused by all the mentions of India. On many sheets with headcount and capacity planning, they list USA employees and India employees.
Is this company related to India?
Is offshore entirely India or are there other locations in EMEA or Latam?
Just not sure why they would only hire India for offshore if we’re not formally an Indian company by any means
Just confused by all this
3000 Jobs on the chopping block
“ Goodyear Tire & Rubber Co. laid off 41 Akron-based employees last week, part of a continued restructuring that will cut more than 3,000 jobs across the company in the coming years.
The announcement comes on top of an earlier notice that Goodyear, which is based in Akron, plans in early 2025 to move 175 local jobs to Costa Rica and lay off employees here.”
https://signalakron.org/goodyear-cuts-41-akron-jobs-in-latest-round-of-layoffs/
In spirit of using the site as intended, there will be the largest wave o layoffs this week 08/20/2024. Layoffs will be all week, not just Tuesday. C-Suite has a big leak in their ranks.
The REAL reason is to collect and aggregate everyone's IP Addresses in order to identify users by aggregating the data they already have on you. FACTS! Read the “Terms & Conditions”, and all 3rd parties terms & conditions. Those that are no longer an employee can still be tracked. Not just by using “The work number”.
Don’t forget, Schart is on the BOD of MS, who also owns linkdInnn. Don’t believe me they are doing this? Than you can’t handle the truth! They want to track those who took severance, and if they got another job. Let the trolls and downvotes begin. ONLY THE FACTS!
#WFC
#AbusingTheSystem
#Facts
#Layoffs
#offshoring
#TheStruggleIsReal
#Inequality
#BODLies
#FakeNarratives
#2024
#2025
#CEO
#C-Suite
Goodyear cutting positions at Akron headquarters, sending 175 jobs to Costa Rica
Goodyear said it plans to move "175 roles supporting our Americas business and corporate functions to a new Goodyear location in Costa Rica."
https://www.beaconjournal.com/story/business/2024/07/19/goodyear-confirms-akron-layoffs-relocates-175-positions-to-costa-rica/74470630007/
US Remote No - Foreign Remote OK
Same remote job that was once held by US worker is eliminated and now seen advertised as a remote opportunity in Costa Rica.
Discriminatory.
TU you reek.
Product management at risk?
Does anyone know if product managers were laid off in earlier rounds? Also noticed they are hiring for product roles in Costa Rica. Would that be a hint of product being targeted in next layoff round?
Costa Rica Office
Is it true that TK and Anurag closed down the Costa Rica office? If so, I'm so sorry to the amazing people in CR affected. You will find better opportunities.
PetSmart Home Office Lay-offs 2/22/2024
Many full-time employees were laid off who worked in IT and other areas. Reddit comments state the the call center was decimated with replacements starting the next day. Corporate jobs ranging from SVP, Directors and down were eliminated. Corporate culture has changed for the worse since the arrival of GF. He is moving American full-time jobs to Costa RIca this summer just like he did at ExpressScripts. Plenty of contractors still there so there is no real value placed on employees. More lay-offs will likely come after their summer start-up in Costa Rica.
Moving positions off shore
They are angling to try to move more and more positions to India and other places. Trying to save money is going to bite them in the butt. They don't seem to learn from trying to move ECS web development to Costa Rica.
VMware CR its over
The Costa Rican government agency Procomer confirmed that VMware's Costa Rica operations are closing.
The closure is due to a corporate decision following VMware's acquisition by Broadcom.
Procomer has been in contact with VMware and is offering assistance with the transition.
Attempts to contact VMware's local headquarters and corporate public relations office were unsuccessful.
https://www.crhoy.com/tecnologia/procomer-cierre-de-operaciones-de-vmware-en-el-pais-obedece-a-decision-corporativa/
https://ncrnoticias.com/economia-negocios/gigante-tecnologico-vmware-cerraria-sus-operaciones-en-costa-rica/
Costa Rica Site
Does anyone know why the Costa Rica employees have not received a letter? Is the site getting closed?
Costa Rica
I guess we just didn’t read between the lines in this January 2023 article about all the jobs headed down to Heredia CR. HR, Product, Analytics, Neustar, etc. I think Experian and Equifax are also in Heredia. Sounds like quite a CRA bash down there after these bureaus are done with us.
https://www.cinde.org/en/essential-news/transunion-establishes-costa-rica-global-capability-center-creating-100s-of-jobs-across-technology-disciplines