for so many layoffs? Couldn’t some jobs have been saved?
5 replies (most recent on top)
They saved about 150 manager and director level jobs
Million dollar bonuses
Didn't ascension outsource before and bring everything back in (i.e. CSC)?
But outsourcing to India though - ascension will find out in a few years, you get what you pay for. Savings, yes - but quality will tank. Question is, will poor quality affect bottom line. Hopefully it does and ascension learns from this.
If you can do your job with a computer..... it can be outsourced to another country for 1/3 the cost of what you are making.
I sucks but there's nothing you can do.
No, it wasn't necessary but:
Average application analyst/engineer salary in the USA = $110,000 per year including benefits
Average application analyst/engineer salary in India = $40,000 per year including benefits
The savings is very intoxicating! Think of the bonuses Gerry, Rick, and the other E-levels are going to get! One thing they're not thinking about is employee turnover in India is ridiculous! The average employee tenure is 1 1/2 years vs 20 years in the USA. They are going to be training people all the damn time but then that is the thrid party Indian company's problem.