Going from making spaghetti to spaghetti coding … So cool! #BankOnTech
https://telanganatoday.com/wells-fargo-to-train-8000-girl-students-in-coding-in-three-years
8 replies (most recent on top)
So if we outsource all jobs, they might as well move the bank offshore. They won’t have any customers if no one has a job here. If you don’t have any money, you definitely don’t need a bank.
If you read the article, “WF” is the diversity group, “Woman in Technology” who are VOLUNTEERING their time to teach these girls offshore. These girls can use their learned skills for WF or other companies in the future. I read the content more like woman helping woman versus WF is staring girls young to take US jobs away.
This is terrible news for domestic IT.
You need to learn to write code -- Joe Biden.
There are several reasons why outsourcing our team to India and terminating the employment of all US-based employees could be beneficial for our company.
First, labor costs in India are significantly lower than in the US. According to data from the World Bank, the average hourly wage for a manufacturing worker in the US is $22.12, while the average hourly wage in India is only $0.97. This means that by outsourcing our team to India, we could potentially save thousands of dollars in labor costs.
Second, India has a large and well-educated workforce. According to the Indian Ministry of Human Resource Development, the country has more than 50 million students enrolled in higher education institutions, and the literacy rate is over 74%. This means that we would have access to a large pool of highly qualified and skilled workers who could help us grow and expand our business.
Third, outsourcing to India could also help us access new markets and increase our global competitiveness. India is a rapidly growing economy with a burgeoning middle class, and by establishing a presence there, we could tap into this growing market and potentially expand our customer base.
Overall, outsourcing our team to India and terminating the employment of all US-based employees could help us save money, access a highly qualified and skilled workforce, and increase our global competitiveness.
They’re training a future workforce that will work for half of what someone in the US would accept. This is why they are not teaching “poor ghetto kids here first”.
What about teaching the poor ghetto kids here in the US first?