Heard today that Schwab is going to discontinue hiring in the US and all backfills and future roles will go to GCC. Has anyone else heard this?
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If only
I don't know about all new hires, but there is definitely pressure on STS managers to cut staff onshore (both FTE and contractors) and move positions offshore, so they can justify GCC.
Can be send all 02 team to gcc . Mo--ns will fit there
huge coincidence that systems keep breaking left and right as we hire more Indians, I am sure.
Certainly if your team already has offshore people, adding more will be the default…
That's not true but it seems pretty clear that for technology roles, the pressure will become extremely high to backfill attrition (or make any net-new hires) in India, and that will only increase over time.
There will not be a complete stop on US hirings. Client facing people will still be hired. For all others, GCC will become the default over time.
@OP this is not true. It’s misinformation being spread by people who would never be told if it was.