Vanguard to hire 2k in India. I know the phrase right now is to "grow the workforce" but we all know what it is. Offshoring so they can get rid of American employees who cost more. And even if nobody gets cut here, to do this when so many people at home need a job is despicable. John Bogle is probably rolling in his grave.
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It seems like there’s a broader reshuffling happening around the RTO changes at Fidelity, with a number of people already choosing to leave or being impacted by those shifts. In that kind of environment, some firms may be looking to attract experienced talent as it becomes available. There’s also ongoing speculation circulating about what might come next for offshore teams, though nothing is confirmed.
Time to roll over my 401K.