Thread regarding Charles Schwab Corp. layoffs

Offshore captive - Even Donald thinks it’s a bad idea

With the current administration, why would Schwab follow the herd? You’re already years behind. You’ve fallen into a unique differentiator, a US based company with a US based IT shop. Sure, you can save some money, but the thing that makes you unique has a ton of value. Build off that vs labor arbitrage.

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| 931 views | | 3 replies (last April 30, 2025) | Reply
Post ID: @OP+1jsyt3fpk

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Offshore does not work - many companies tried years ago and brought back what they offshored

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Post ID: @j9+1jsyt3fpk

Donald is a clueless buffoon. He repeats what the last person told him. Not unlike a few execs here. But we haven't had exclusive onshore IT ever and moving onshore led to failed efforts. A new OKR is to fall further behind however.

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Post ID: @b6+1jsyt3fpk

Offshore is peddling freshers for free and then train them on our systems and let them loose.

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Post ID: @aq+1jsyt3fpk

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