Thread regarding U.S. Bank layoffs

40% - 70% off shoring

Hearing rumors that Gunjen wants to off shore majority of us? To subtantiate said rumors there were tons of senior leaders on site in the Plaza last week, now several are flying out to Poland next week. Managers who may have been apart of Gunjen's secret call where you were forbiden of taking notes and had your phones confiscated spill your guts please!


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| 2 views | | 15 replies (last May 6) | Reply
Post ID: @OP+1kqjr9mf7

15 replies (most recent on top)

Gunjan is from McKinsley. She's been trained to f*ck over companies by downsizing in every unethical way they can and don't care about the health of our country or employees. It's all about the shareholders and the top getting huge bonuses and salaries while taking from lower level employees and growing the inequities in wealth/salaries.

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Post ID: @we+1kqjr9mf7

I want to know more about this secret meeting

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Post ID: @ts+1kqjr9mf7

@jz

Underrated comment. Ndia is a massive country the size of the EU - discrimination isn't only against American works but ethnically within Ndian ethnicities like Telugus, Gujaratis, etc. Similar to Germans discriminating against Italians workers.

Prepare for the corporate politics to hit extreme levels of infighting. Management's only objective is to hit quarterly targets and jump ship before the implosion (hence why they don't stay at jobs longer than 4 years).

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Post ID: @p0+1kqjr9mf7

There is no doubt the bank is trying to establish a group of credit professionals in Poland to serve various business lines in ICG and Risk Management. Not sure if they view Poland as having workers with better credit skills than in India or if there are other reasons. It is frustrating when people retire and their jobs are only posted Poland.

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Post ID: @kn+1kqjr9mf7

@b0 maybe so but current contractors are spread across several cities in India and getting them to relocate to Chennai is not easy.

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Post ID: @jz+1kqjr9mf7

@dx Yes it is! Who are u?!

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Post ID: @hs+1kqjr9mf7

@aa John is that you

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Post ID: @dx+1kqjr9mf7

Can confirm, execs were on site for training and innovation week.

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Post ID: @d6+1kqjr9mf7

American TOS workers will exist to take the credit for and blame for programming that happens by off shore workers.

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Post ID: @d0+1kqjr9mf7

The majority of roles in the Indian location are jobs that are done by contractors right now. They are converting them to full-time employees to cut out the middleman.

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Post ID: @b0+1kqjr9mf7

@OP there were senior leaders flown in for a rollout for leadership, and also innovation week.

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Post ID: @aw+1kqjr9mf7

@aa If by unfounded you mean consistently substantiated. I thought neither revoking pre-covid WFH positions and time tracking was paranoia. Who could do something so sketchy and damaging to the company? Yet here we are.

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Post ID: @an+1kqjr9mf7

The unfounded paranoia on this site is hilarious.

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Post ID: @aa+1kqjr9mf7

Large swaths of TOS are already 60-70% offshore and USB is just chasing the trends set by larger banks. Innovation in software will be centered in India just as manufacturing innovation today is centered in China because the wealthy are willing to exploit the difference in labor costs, consequences be damned.

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Post ID: @a9+1kqjr9mf7

I can't see this being anything other than true, given the shiny new offices being built in India right now. She will not be happy until we're a shell of a racist's go-to cliché hidden behind a transparent facade of red white and blue.

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Post ID: @a3+1kqjr9mf7

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