Thread regarding State Street Corp. layoffs

Its official: India have the most employees at State Street

Anyone attended a town hall meeting this morning? During their laughable TED talk, it was brought up that India has the largest headcount of State Street employees at 19,000. Let that sink in. At this rate, the only people will have jobs in the US are the SVPs and their Indian H1B1 workers.

There is something definitely going on with the requirement process where Indians are getting preferential treatment over other ethnicities and locations. Right now, all recruiters are based in India and it seems they are mainly focusing on candidates that are from India. I noticed even for local job reqs, Indians living in the US are being selected over other candidates for jobs and promotions. Its fine if someone is more equalified should get the role or promotion, but most of time I find out these Indian workers were just good at lying on their resumes and interviews and we have to pick up their responsibilities.


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| 1325 views | | 11 replies (last March 23) | Reply
Post ID: @OP+1kje6c326

11 replies (most recent on top)

@3ph

Agree 100%, that is why they keep a few token U.S workers to cleanup the mess created by the Indian staff.
I remember when I worked there the company motto's were.

Are employee's are our greatest asset.

We expect at least 90% of the work being done is error free.

How things have changed, now new company motto is.

U.S workers are our greatest expenses.

Who cares if the Indian staff is producing error filled useless work.
That is why we have the U.S staff to fix their work

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Post ID: @3rv+1kje6c326

There's a symbiotic relationship between management and these type of foreign workers. Management can't find any local workers to stroke their egos so they look elsewhere. And who are the people that does it best but these foreign workers that are the master of brown nosing.

What's interesting is moment these workers are placed above anyone in a team hierarchy; all of sudden the dynamics changes. They start treating you disrespectfully. They think team hierarchy is equivalent to their caste system. It's frustrating that local workers constantly have to clean up their mess.

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Post ID: @3ph+1kje6c326

Just visit the cafeteria in the John Adams Bldg in North Quincy.
And you will see how 75% of it was redone to serve only Indian Food.

With the remaining 25% serving American food.

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Post ID: @230+1kje6c326

@1tj does Ron know how to spell AI?

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Post ID: @1tp+1kje6c326

@1t2 I'd be surprised if Ron knew what AI stands for.

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Post ID: @1tj+1kje6c326

offshore jobs, layoff American, and blame AI

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Post ID: @1tg+1kje6c326

AI will eliminate them all... just a few years ahead

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Post ID: @182+1kje6c326

While some recruiters are based in Boston according to the job reqs on Workday, much of the recruiting process appears to involve offshore teams.

I suspect that some local job postings for Boston and Quincy may primarily exist to satisfy legal requirements before the roles are filled by offshore workers. It seems possible that local candidates are reached out to with low offers that do not match the level of responsibility required. When these offers are rejected, it provides justification to close the local requisition and repost the position in Indian locations.

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Post ID: @hc+1kje6c326

@OP It's not true that all recruiters are based in India. My recruiter was Boston-based and not Indian.

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Post ID: @h7+1kje6c326

@dk

That is why they keep a few token U.S workers to fix all the hot garbage useless error filled work being done by the Indian staff.

And while your fixing the Indian staff work your Boss will ask you, why you haven't finished your work.
You tell him or her you asked me to fix the Indian staff work.
They will reply " Cann't you multitask ?

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Post ID: @dv+1kje6c326

the work product coming out of india, for the most part, is hot garbage and ends up hitting the worklife balance of those of us still standing.

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Post ID: @dk+1kje6c326

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