Thread regarding Bank of New York Mellon Corp. layoffs

@fy

The truth hurts you. Sorry but you are really just one big sloppy over abundant vendor service. 95% of this so called talent needs total handholding and babysitting. As for ‘grandma’, you really need to worry about your own. Your country is the filthiest and poorest sanitation in the world. People in India are smearing cow d-ung and ur-ine over their bodies to ward off COVID-19 and other infections!!! So much for this crop of modern Indian Doctors.
Take your own meds. You need them Sahib.

@f4

ROFL - You DID forget your meds today ..

@bz @bz+1k5s0grfn

That one poster C7 is 100% spot on about you. You forget your place in this world. The United States actually doesnt need you and India. You need the United States. India is actually a para-sitic community and a para-sitic nation. All the innovation, all the technology, all the science, all the refinement, all the machinery, all the devices and tools were developed here in the US amd UK. All you do is mass produce off of it. For 225 years and almost all of the Industrial age, India et al were and are not needed at all. So please, take that into your sad and unjustified proud stance. We pay you to work for us. If we decide to shift the HIB and offshoring stance even 10% to other places guess what happens to you? See? Fear mongering works both ways.
But honestly, You need us. We really can do without you if push comes to shove.

Let’s look at the other side of the coin.
The people who actually ‘enjoy’ this.

1- Management prefers low cost, trainee level ‘soybean’ and ‘filler by product’ people to stretch the corporate staff recipe. No one in the top of the house cares if these people from the suncontinent are inferior. They can be 70% effective and that’s meeting expectations. Because the shrinking onshore domestic staff can be set upon to make up for the 30% critical failures. This is a great thing about running a culture of ‘job loss fear’. You get to intimidate.
2- India is cheap and low skilled but so what? There are far far better outsourcing firms and talent in Germany, Ireland, UK, Israel, Turkey, Russia, Ukraine, S. America, Phillipines, South Africa but….. the sub continent has the numbers and the ability to fill vacated roles from their own location quickly. Fly by night intensive training schools there are not challenged here.
3- ‘personal’ rewards, perks and private bonuses from Indian firms to exectives for eschewing local citizens for India. If you don’t think this is going on, then, you are comatose.
4- Management is OK with stopping projects and slowing them down. It’s ok not to spend money on new development. Just repurpose, rename and tweak what we have an offer it as a new service with offshore lower quality supporting mature but obsolete systems. A win-win.
5- Management loves places with little or no labor laws, no ERISA, awards, skimpy benefits. It is a great thing when you do not need to care about regulatory agencies, laws and rights for employees that cost you too much money. RV is a disciple of this.

The Zastavva company produced Yugo automobiles for 30 years doing this. Because there are companies and people that feel
Cheap, low quality, low skilled, lower standards is actually a desirable thing. If you can get away by ‘low ball purchasing’, then by the time you need to address or replace, you’ve already saved enough to move on to something else. It is called spinning out low cost over time.
You cannot ‘make something out of nothing’ but you can be grandiose in ‘making something for next to nothing’.

@bz
Nay. You are misinformed. And just because you are scribing appeals to fear here - wait until there are deaths due to this etc etc- does not make them fact. Nor does your bloviatin on apple, Google, Microsoft, META hiring quality H1B’s but that’s a tiny footprint of the business world in terms of working roles. Most companies (like BNY) are not getting quality. They aren’t looking to spend a fortune. After all, that’s the whole point of H1B’s and outsourcing. LOL, it seems you’ve forgotten your place in the world. If you ever actually knew how this all fits together at all.

@OP

You are misinformed.

If you believe Amazon, Microsoft, Meta, Google and Oracle are hiring "low-quality" H1Bs - well I leave it there. Amazon has 10k, Meta, MS each have 5k - they are not small numbers https://h1bgrader.com/h1b-sponsors gives you more data

And these folks are more-or-less permanent migrants. Not the one, who steals the job and sends the earnings back home. They end up staying here, building a family AND INVESTING here. Investing in the local economy, contributing heavily into the tax system and social security trusts, which ends up paying many of MAGA's grandparents They are a revenue source.

It is not only the tech workers, but the data also shows out of 85k (actually 65k) 10-12% goes to IMG doctors employed by rural communities. These hospitals pay 55k-90k to doctors and they are the ones who head to the communities that support Mr. Trump. These hospitals cannot afford 100k fees. And American MDs (whatever skin color) do not head to these hospitals (for various reasons - Med school loan being one of them)

Then there are the teachers, nurses, biotech workers, engineers (real) in manufacturing / design (Detroit has tons of Indians in the auto-industry)

Yes, there have been abuses and the multiple entries have been plugged. Now it is one entry per passport. But H1B is not about abuses. It brings in REAL talent, you may refuse to believe it. You want to look only at the few abuses and sweep it across. Today another Indian is taking over as CEO at TMobile. Yeah low-quality!

Just imagine, based on the Charlotte incident, if one concludes anyone traveling in a subway system is prone to be ki-led? Americans just go around doing that. That is how your argument / statement sounds.

Trump already backtracked. From an annual fee. From fee for renewals. From fee at entry point. Now it is only for new entries and that too with an off-ramp for national interest (subjective).

Let it run its course. When the Trump backer loses his/her loved one for lack of availability of a medical professional in the rural Iowa/Kansas/Missouri well then, they will realize the value of H1B

Maybe you along with Trump will go and console them. Lutnick may join you.

Indian Consulting Companies are pretty much the only reason why H1B are broken, not the US educated foreign grads, whether bachelor's, master's or PhD whether Indian or not. US educated Indian grads are actually fairly high quality and almost always better than American grads from non-competitive programs.

Let’s look at the other side of the coin.
The people actually enjoy this.

1.) Management prefers low cost, trainee level ‘soybean’ and ‘filler by product’ people to stretch the corporate staff recipe. No one in the top of the house cares if these people from the suncontinent are inferior. They can be 70% effective and that’s meeting expectations. Because the shrinking onshore domestic staff can be set upon to make up for the 30% critical failures. This is a great thing about running a culture of ‘job loss fear’. You get to intimidate.
2.) India is cheap and low skilled but so what? There are far far better outsourcing firms and talent in Germany, Ireland, UK, Israel, Turkey, Russia, Ukraine, S. America, Phillipines, South Africa but….. the sub continent has the numbers and the ability to fill vacated roles from their own location quickly. Fly by night intensive training schools there are not challenged here.
3.) ‘personal’ rewards, perks and private bonuses from Indian firms to exectives for eschewing local citizens for India. If you don’t think this is going on, then, you are comatose.
4.) Management is OK with stopping projects and slowing them down. It’s ok not to spend money on new development. Just repurpose, rename and tweak what we have an offer it as a new service with offshore lower quality supporting mature but obsolete systems. A win win.
5.) Management loves places with little or no labor laws, no ERISA, awards, skimpy benefits. It is a great thing when you do not need to care about regulatory agencies, laws and rights for employees that cost you too much money. RV is a disciple of this.

The Zastava company produced Yugo automobiles for 30 years doing this. Because there are companies and people that feel
Cheap, low quality, low skilled, lower standards is actually a desirable thing. If you can get away by ‘low balling’, then by the time you need to address or replace, you’ve already saved enough to move on to something else. It is called spinning out low cost over time.
You cannot ‘make something out of nothing’ but you can be grandiose in ‘making something for next to nothing’.

i came through the h1b process in 1996 from uk to work for a ny consulting company. renewed once and got green card and then citizenship. now retired. that was before the indians (with collusion with us business) to flood it with people from the subcontinent. i don’t think people from uk like me get a look on now. good for The Donald. well played sir.

Just say the name man, us pu--yfooting around it is how we got in this mess in the first place