#india

Here is the location of my job:

https://jobs.exxonmobil.com/search/?q=Engineer&locationsearch=India

As an engineer working in Canada in Okl & Gas for 25+ years, where can I work now??

No need to answer my question. I already found it.

Now that the communication is out, looks likely that the people impacted is more than 1k, heard from 3 different people from Target India that they have 200 plus people impacted and with 900+ people on the 9AM call, we may have more than the 1k number announced earlier.

In Penny's Page for October 27, 2025 Penny says great teams don't just work side by side, but they grow together so they can build something lasting. Is she serious? Does she think anyone is buying her BS anymore? This is something our first five managing partners could have said and it would be believable because those leaders lived those words. Unfortunately, our sixth managing partner does not live these words. She spouts these words out haphazardly and then lives a different life. How does our Edward Jones teams grow together and build something lasting by eliminating American jobs and sending them to India? How do you bring people out of COVID and back into the office because we need to do business face to face and at the same time send American jobs to a third world country on the other side of the world? Is Penny serious when she says these things? During the sixth managing partner search the candidates underwent psychological testing. If Penny is serious when she spouts out this garbage then she probably needs a more current psychological testing. She is losing it and she is losing it quickly. Penny, come to your senses and just step down. You have done enough damage already. I do not know if this company is salvageable or not. If it is, the next managing partner is going to have their work cut out for them. God save our firm.

Leadership Development Program and everyone who was in it has been put on bench.
Hearing that there will be significant re-org by November. Most jobs going to India
Delivery is again being worked into a POD model, further consolidation.
Rutledge driving his minions to drive sales

"Posting here on behalf of an employee who is working at Fid India (as this website only allows posts from within the USA)."
I am an L6 Principal Engineer in India and have spent the last 12 years at Fidelity, working across three different BUs. Over time, I’ve noticed a steep decline in the caliber of senior leadership at levels L7-8 and above. Their primary concern seems to be hosting “visitors” from the U.S.; the moment such a visit is announced, they go into “alert mode,” preparing PowerPoint slides, arranging floor walks and roundtable sessions, and coaching employees on exactly what they should or shouldn’t say. Most of this preparatory work is pushed onto individual contributors like me (L6 and below), but when these visits are deemed “successful,” managers usually receive all the credit—often in the form of a single congratulatory email or LinkedIn post from the visiting executive.
In prioritizing these presentations and visitor-focused activities, actual project work suffers. Those who create slides, manage schedules, or organize events are favored for promotions, while employees handling core technical tasks remain overlooked. Compounding this issue is that most senior leaders sit in Bangalore, leaving those of us in Chennai perpetually at a disadvantage.
Many of the managers in these tech teams either lack technical expertise or have allowed their skills to lapse, preventing them from contributing meaningfully to real project needs. Instead, they rely on strong presentation and communication abilities to secure positive performance reviews. This system rewards non-technical individuals, resulting in a leadership structure that is often incompetent and self-perpetuating. As a result, genuine technical contributions lose value, and the focus remains on “partner visits” and superficial, India-specific initiatives instead of substantive, technology-driven goals. This pattern holds across all BUs, with some business units experiencing even worse conditions.
I respectfully urge visiting executives to encourage senior leaders to focus on more meaningful work instead of devoting excessive effort to superficial presentations. Many of these orchestrated events offer minimal benefit and consume significant time that could be better spent on genuine product or project deliverables

Do you know what the impact will be on India? How deep and wide will the cuts be and who is being laid off?

Any folks moved from EM to Chevron yet?

Indian Media house paid huge sums by Nasscome affilites to cover up layoff news and fake fresher hiring propoganda started

The SMS have slowly had their role trickle over to India. Even though they’re low on the totem pole, I’m wondering if they’re on the chopping block since they fall within merch. Or since there are the rumors of a second round in January, if the train TII in the meantime and axe them then? Of course that would be messed up to our ppl anyways, but it’s just helpful to have someone from the states in this time zone to interact with vendors. Has anyone heard of any whispers on if we may be losing them?

HCA setup offices in India and massive hiring is on .....hcahealthcaredotin

If you have any questions about GP/TSYS feel free to ask here.
Every town hall we’ve had this year they’ve given strict direction to NOT speak to anyone from FIS regarding the Global Payments/TSYS Issuing divestiture.
We also went through a massive McKinsey overhaul all year and what a disaster it has been. RIFs around every corner and most of us have had the same anxiety about “when will it be my turn” all year. The guy who was leading that effort from McKinsey is now the CTO of GP real interesting how that worked out…
We are not hiring stateside anymore, it’s either India which also seems rare these days, or Phillipines.

https://www.ndtv.com/world-news/india-working-on-2-nm-chip-ashwini-vaishnaw-shows-wafer-at-ndtv-world-summit-9477738

I’m not sure why the original post on this topic was taken down, but I’ve updated the content to align with TheLayoff.com’s posting guidelines. The information below is fact-based and summarized from publicly available corporate and tax principles. Hopefully this version allows for a constructive discussion around Chevron’s ENGINE setup in India and its possible business implications.

⸻

Summary of the Situation

Chevron has invested approximately $1 billion in its Engineering and Innovation Excellence Center (ENGINE) located in Bengaluru, India. While this expansion is intended to improve efficiency and global project collaboration, there may be long-term tax and compliance costs associated with how the operation is structured under Indian law.

The following sections outline general, factual information based on standard international taxation frameworks such as Permanent Establishment (PE) and Transfer Pricing — not internal Chevron data.

⸻

1. Permanent Establishment (PE) and Tax Liability
   • If a foreign company establishes a fixed place of business in India (for example, an engineering or project office), Indian authorities may classify it as a Permanent Establishment (PE).
   • This triggers tax obligations on profits attributed to work performed in India, even if the project serves clients elsewhere.

⸻

1. Profit Attribution
   • Under Indian law, part of a company’s global income can be taxed locally if significant value creation or management occurs in India.
   • For instance, if Australian or U.S. projects are executed by teams in India, India can claim a portion of those profits for taxation.

⸻

1. Taxation of Foreign Subsidiaries
   • Corporate Tax: Subsidiaries or branches in India are taxed on income earned locally, typically around 22% (plus surcharge and cess).
   • Transfer Pricing: Intercompany transactions (e.g., management fees, subcontracting, asset transfers) must follow India’s arm’s-length pricing rules.
   • Withholding Tax: Payments from India to foreign parent entities (royalties, fees, or dividends) may face withholding taxes depending on applicable treaties.

⸻

1. Cross-Border and Expat Implications
   • Projects Managed from India: Even if work supports projects in Australia or the U.S., India can still tax the related income if the work is performed domestically.
   • Foreign Expats in India: Employees from other countries working in India may be taxed under Indian income tax laws based on their residency status.

⸻

1. Estimated Financial Impact (Industry Benchmarks)

Benchmarking studies (e.g., from KPMG and EY) indicate potential cost impacts in several areas:
• Transfer Pricing Adjustments: 5–15% increase in taxable income due to stricter cost scrutiny (e.g., management fees, FX losses, share-based pay).
• Profit Attribution: 15–25% of global project profits could be attributed to India for high-value engineering or design work.
• Compliance Costs: Ongoing regulatory, IT, and operational costs may total $2M–$5M annually depending on scale.

Five-Year Projection (2025–2030):
• Transfer Pricing Adjustments: estimated at $10 million to $20 million per year, totaling $50 million to $100 million over five years.
• Profit Attribution Tax Impact: estimated at $15 million to $30 million per year, totaling $75 million to $150 million over five years.
• Compliance and Administrative Costs: estimated at $2 million to $5 million per year, totaling $10 million to $25 million over five years.
• Total Global Business Unit Cost: approximately $27 million to $55 million per year, or $135 million to $275 million over a five-year period across all Chevron business units utilizing the Indian center.

⸻

1. Strategic Considerations

While India offers substantial cost and talent advantages, aggressive profit attribution and tax compliance requirements could partially offset those savings. This highlights a broader issue many multinationals face when expanding shared services or engineering hubs abroad.

⸻

Sources:
• Indian Income Tax Act and Transfer Pricing Rules
• OECD Guidelines on Permanent Establishments
• Public benchmarking data from KPMG and EY

⸻

Would be interested to hear others’ perspectives on how these kinds of global engineering consolidations impact overall efficiency and cost management across Chevron’s business units.

"Despite India layoffs, Oracle co-founder says AI will 'enhance capabilities, not replace' humans"

read the headlines ...

Tell that to all those untimely ripped from their jobs... They sure feel replaced, rejected and condemned!

Lenox and Northpoint massive layoffs and transition to Dallas and India contractors. Stankey should be more furious over data leaks of consumer information. Georgia migration set to be complete by Q2 2028 with more aggressive timetable in the works. We all knew this was coming so not sure why Stankey thinks he is in the sly. I mean he did aid TMobile to a massive stock price and give away shareholder wealth of $100B along with Direct TV and Time Warner Synergies. Stankey is synergystic at vaporizing shareholder money.

Comcast began yesterday the start of a campaign to eliminate thousands of frontline employees. This came after months of reassuring praise from higher ups that frontline employees would retain their jobs during the company’s transition. Thousands of jobs in the north east have been terminated and are being outsourced to India and the Philippians. While this began in the north east region, every region will be affected by the end thousands of employees will be out of work come January 1st. If they told you that your job is safe, it is not. Those selected to stay are also not safe as the company plans to release these employees sometime in late 2026.

https://www.reuters.com/business/aerospace-defense/honeywell-expects-record-business-jet-deliveries-over-next-decade-2025-10-14/

Yea! More Outsourcing to India....

top 5 countries

USA 638 - remaining 30437
China 601 - remaining 6285
India 304 - remaining 20478
Ireland 93 - remaining 3684
Egypt 91 - remaining 526

IT unions are urging state and central governments to act after Tata Consultancy Services reported a Q2 FY26 net headcount reduction of 19,755 employees, with total staff falling to 5,93,314 from 6,13,069 in Q1 FY26. The unions say weak oversight has enabled companies to sidestep labor protections and call for immediate regulation to safeguard workers.

They also claim TCS effectively let go 38,255 employees in the quarter once new hires are netted out, disputing the company’s statement that only about 6,000 departures were involuntary. The unions argue such retrenchment violates the Industrial Disputes Act and demand government intervention.

https://www.newindianexpress.com/amp/story/business/2025/Oct/12/tcs-layoffs-it-unions-urge-govt-to-take-measures

AI not reliable yet. TCS losing business to GCCs hence layoff -to keep profits high.
Tata group as whole lost its way about a devade ago. Tata Steel high cost steel in country. Tata motots - high cost vehicle. Tata teleocm failure, Tata Retail business - not doin well

Adding fuel to the fire, the Nascent Information Technology Employees Senate (NITES) has accused TCS of not being transparent about the scale of the layoffs. In a statement cited by PTI, NITES said, “This is not a minor difference. Nearly 8,000 employees, more than what TCS admitted, have disappeared from the rolls… It points to a deliberate attempt to downplay the scale of retrenchments and mislead regulators, policymakers, and the public.”

https://inshorts.com/en/amp_news/nites-accuses-tcs-of-hiding-8-000-layoffs--misleading-public-1760182365803

The managers will even push out highly skilled and successful non-Indians saying their position was eliminated yet have multiple job reqs to replace the American with the identical description and skill set of the laid off American.

I have seen Headcount projections for my managers team of 103 people. Currently, 78 in the US and 25 in India. Future Headcount projection is 25im the US and 75 in India. I could not see a timeline for these projections. Our organization has almost 600 people. I can't see the projections for the other teams. I am not sure if it will affect the larger team, but my guess is it will.

Tech Mahindra cut 10,669 positions for “portfolio rebalancing.” Oracle India reduced over 100 roles in September 2025 to support its “AI-driven product strategy.” HCLTech shed 8,080 employees largely due to divestitures and realignments. Accenture’s global cuts of 11,000 roles included a significant impact on India, aimed at “reinvesting in AI and digital transformation.”

Cognizant eliminated 3,500 positions globally to “simplify organisation and improve delivery speed.” IBM India dropped around 1,000 roles during its pivot to hybrid cloud and AI, while Capgemini India cut 800 jobs to align with “evolving client demand.”

India wants to lure its best minds back from the US

https://www.bbc.com/news/articles/c1792qwg85qo

A large portion of the US population doesn't want you and your home country wants you back. The US isn't going to get better any time soon and the attitudes toward you will only get worse. Why are you waiting?

With all these safety incidents I’ve noticed a lot of HSE positions going to India. Just putting that out there.

There’s a news article in India that talks about both SAP and Novo Nordisk cutting jobs.

For Novo, the reason is likely because India approved Ozempic (semaglutide) for adults with type 2 diabetes. For SAP, it’s the 1-2% cut to get rid of the dental plaque.

Can someone please share which teams are affected?

Very recently, CK lied about hiring more people in India to work on AI and now this. Can’t really trust the board’s words - I rather pay attention to their actions.

https://timesofindia.indiatimes.com/city/bengaluru/sap-novo-nordisk-job-cuts-hit-india-employees/amp_articleshow/124296836.cms

TCS is generous - tech mahindra laid 50000 staff with jsut 2 month basic pay, mumbai media doidt utter a word

https://varindia.com/news/avaya-cuts-over-30-of-india-gcc-staff-in-major-restructuring

This is Typical indian IT services Business Model , fool the government that they are crating new employment and get tax break for decades.

Low pay unlimited work - and constant presssure to hire fresher low cost worker and lay off old ones who ran out of steam as low pay unlimited work leads to health deteoration - corporate strategy get rid of them before they society notices and hire fresh blood.
Create new employment by laying offf old staff and show fresher hiring as new employment created. Get purchase order placed new SEZ addresses and keep getting tax break.

We all know what means… India about to grow and take more American jobs

Take a look at the job postings in India to understand who they will be firing! Pretty classy to keep posting about jobs and hiring in India the same time you are firing and doing mass layoffs of the long time employees who built the company.

https://www.linkedin.com/company/exxonmobil-india-careers/

Care and WAEM at their finest. While announcing mass layoffs they can’t even skip a few days of posting about all the jobs in India. Talk about insensitive and clueless!

https://www.linkedin.com/company/exxonmobil-india-careers/

As the end of the year draws close, VP of Indian origin are planning company funded end of year business trips to be with their friends and extended family trips to India. They don’t have money to fund our bonuses but will do everything immoral to accomplish their ends. Shame on you Shankar under whose watch this company has run aground. It really needs to die so that none of you make any money off this.

It looks like more people will be let go in December. High-cost countries will be affected, but also Serbia and India. Serbia is usually left out (minimum impact) of the RIFs, as there is a huge turnover there, and Service Desks are decimated. Serbia is raising its minimum wage by January so entry-level jobs will be in the same range.

A report said TCS layoffs raised alarms in the IT sector and employees shared forced resignations, a “fluidity test,” and an environment of fear. Some staff were blocked from projects despite skills, while HR reportedly pressured resignations. IT unions condemned the move, calling it mental harassment and a violation of company policies during workforce reductions.

https://www.latestly.com/technology/tcs-layoffs-employees-claim-environment-of-fear-with-forced-resignations-fluidity-list-spokesperson-denies-job-cuts-beyond-12000-7135956.html

Hey guys, can someone explain what's going on, even from rumors:

• Why the downsize
• Rough number on the downsize (5% now, 5% in Q4?)
• This appears to be worldwide
• What does India have to do with any of this?

I'm grateful to still have my role, but I'm terrible at being "in the know" of the bigger picture my company faces. For the sake of discussion, I like my role but people keep saying to steer clear of working at TI. What are reasons for this train of thought?

Thank y'all!

Looks like many folks leaving the campus

Check out this article where CFO said Illumina India will hire Bioinformatics and AI jobs in India!
https://www-moneycontrol-com.cdn.ampproject.org/c/s/www.moneycontrol.com/news/india/genomics-major-llumina-bets-on-india-to-power-affordable-innovation-amid-global-headwinds-13542445.html/amp

https://stocks.apple.com/AyK1V82nISae-V3ghEid3VA