So is it a good idea to trim back in a geopolitical region that’s known for:
a.) counterfeiting patents, trademarks, and intellectual property
b.) hacking\back door\cyber exploits
Is this a wise choice? If so, is it one we will make?
Before anyone gets too upset, I was thinking Russia but if China came to mind that should tell you something as well.
This is going to be bad. You’ll be reading about this in the news a year or so down the road. How Citi threw billions into growing and expanding their footprint in the China Russia regions and now are out of billions because they have to now leave. All it’ll take is one good leaked incident to the news of a internal hacking of accounts. As its already been pointed out, those two countries are globally known for such things, now you are going to give them the key to the front door.
I think a good idea is to layoff Citi tech, sell it as a win. Backfill in China and Russia at a really fast rate, sell that as a win. Just in time for even more tariffs, sanctions and restrictions to kick in. Then scale back on most of the China\Russia workers you just hired, sell that as a win. Then hire back in the US\UK at even more money than you normally would to attract talent at a fast rate to make up for the, sell that as a win.
Handsomely reward Jane with even more money for a job well done. How is this a bad plan.