I was let go January 2016 for business reasons. After 30 years at Citi. This has been ongoing since I started working there in every state. Senior Management issues the cuts to be preformed for all banking departments in all states. Some jobs are relocated to India. Delaware is at will state and Banks and businesses can just cut jobs.
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There was a ton of IT jobs we sent to India in last 24 months, and you can expect this trend to continue. There is no loyalty and they could care less where the resource sit and who does the job - as long as they can do it in a cheap way, they are golden.
At a large bank, they do not care about you - you are just a number. That's it.
Maybe it's because you're illiterate.