#india

The layoffs continue. Offices in Ireland to be closed at end of month.

Are they just replacing Irish jobs with Indian jobs at GCC due to CIO's preferences?

If there are 10,000 jobs in India. Why are we paying a fortune for these visa workers to be here? Shouldn't they go back to India where they contribute most efficiently to the bank?

“How much less are the salaries in US Bank’s Chennai India technology center vs US based roles?”

ChatGPT: Quite a bit less. The public Chennai salary data are still sparse and sometimes internally inconsistent, but a reasonable estimate is that U.S. Bank technology labor in Chennai costs roughly 70–85% less in direct salary than comparable U.S.-based technology labor.

Looks like SSNC health is hiring cost center representatives at Mumbai India for the first time they are traitors to their own country. They just sent out a welcome new associates communication and I looked them up and they are in India. It’s bad enough that they are using AI now now they do not hire Americans anymore.

Are there more Americans in Bangalore or Indians in Houston? How many at each location?

Are H-1B full-time employees being asked to move to Global Capability Centers, and how many contractors are being hired or asked to shift in GCCs?

https://www.reuters.com/world/india/charles-schwab-scale-india-tech-centre-workforce-2000-by-2027-source-says-2026-08-19/

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Anyone know when the second GCC is scheduled to be operational? I believe it is in Hyderabad and fully owned by the bank. Indian news media had it a few months ago.

Does anyone know how the BAC partnership with the India finance company benefit us?

The days of corporate run academia are over. Initiative in place to move STCH to India and sale land for housing development

Seriously if you can't get hired, it's because you're not good enough. People are even claiming that the interns are nepos which is laughable to me. This company's standards are not low enough to hire anybody from a mom and pop shop.

I also hate that Indians are automatically assumed to be nepos. Indian Americans with technical degrees are overrepresented in major metros, that's just how it is.

How many jobs have we shipped over to Accenture in India & are more slated to be shipped offshore ?

Everything is a scheme for these guys. But is not happening here according to our trusted, reliable and honest leaders!

www.justice.gov/usao-ma/pr/eleven-indian-nationals-charged-visa-fraud-conspiracy

Its official!! Infosys is coming to take over the projects in CSO org. God only knows how secure ATT data will be after that. So, employees are supposed to train them only to be told bye bye in 4-6 months!! These id--ts at the top never learn from the past and what is happening in India right now... India just bashed up Meta top leadership citing a small technical glitch only to suppress freedom of speech and forcing them to block insta accoutns of a number of people who are protesting against the government!! Yet Stinky wants to send work to India and Indian companies...stinky will eventually realize how d-mb it was to move work to offshore and foreign companies but not before making a costly mistake just all other billion dollars mistakes he did in the past.

WCiBO call today discussed why we are now USBank India . Reasoning was because all the other banks are offshoring, we are now a global company and we need workers across the globe to serve our global customers. Also said required to have employees in India for regulatory reasons.

Did I miss anything else?

Like Susan Collin’s, I am concerned, especially with talk about helping us find another job and severance.

Oh well, at least we get severance

Apparently India staff are so impressed by WFs new ranking system and career prospects based on it that as soon as they get an IM, they start applying out, get hired in 1-2 weeks, and leave.

The best part is, execs don't understand this, don't understand it takes months to years to fully train up a replacement, and don't understand how this is leading to system instability. Why can't they just follow the Jiras to do the job?

The cards are starting to fall.

I have seen maybe hundreds of Indian Impats on Spring campus and many at the 3 B’s.

I have heard that they are so low paid that even with housing and expat benefits that they are lower cost than American employees.

I have also seen a few threads started about this but seem to get deleted.

Managers in FIS India tell their employees that Glint survey is not anonymous.
Be careful what you write.

Layoffs in India and US August first week. Many teams in ISG impacted.

This doesn’t apply to any other BUs but confirmed no LRs in August for Wireless. Holding on to Wi-Fi 8 and MCG for dear life. The AI stuff is just window dressing but it opens doors so they will keep at it. Lotsa openings in India, but hiring there is slow.

Oh yeah that’s gonna be well attended. What a joke. We know which country is their favorite.

Alight laying off domestic employees to replace them with people hired from Wipro in India

Anyone here have more details on percentage of rebadging employees in US and India.. Vivek confirmed there is a plan for sure that is coming our way soon

Same day as the town hall, get a call saying how remote workers are getting laid off and their work is moving to India. Probably one of the many rounds of this. How much will need to be offshored before they take US out of the name?

Level one support was outsourced several years ago. Now level two support is outsourced to India. They laid off 30 technical people who knew what they were doing. It is a total nightmare if you have a problem. No one can understand a word they are saying. My system has been down 3 days and I don't know what to do. All management says is keep calling until you get someone you can understand.

,,, oened up in India after the April 2023 RIF doing?

Release dates all met?

Code excellence?

New technology advances?

Not the first time this is being reported quite a pattern now going on, but another round of layoffs under planning for late September/ early October, headcount reduction across Engineering and services due to rapid off shoring of roles to India mainly Pune.

Train your replacement in India across the next few month's and hand it your laptop will be the way this works for those to be impacted in the next round of layoffs to come.

My friend in India just said that HR has paused the vehicle leasing option anticipating layoff in July. Eligible emp has to raise some ticket to get confirmation - if you r in list or not... Raise and find out
This is not applicable in US region

Last week's layoffs carried over US employees itself or VZ India as well? Why all american workers and their positions get eliminated but not India employees? Is it because of cheap rates? Though their work is at sub-par in quality and no accountability what so ever?

I recently spoke with my manager about my promotion, and was told I need to demonstrate more 'value' by filing patents. But honestly, what is the actual worth of these patents and whitepapers? It’s an open secret that people are just gaming the system with trivial filings just to climb the corporate ladder, and with AI in the mix, this flood of useless filings is only going to skyrocket. To make matters worse, it's common practice to just slap a manager's name on a bogus patent to buy favor and leverage it for a promotion. Can anyone name a single patent filed at Fidelity that has actually generated measurable business value? It feels like high-level performative work disguised as innovation. Why is management particularly in Indian corporate tech culture so obsessed with this metric?

From what I heard, Human Capital basically told leaders to take a training or read a book if they’re nervous about being laid off in the future. The focus should he gaining new skills. In other words, prepare yourself because it could happen. They’re also still playing the “we don’t know” game when asked about the India office. From what I heard, the earliest timeline is T2 of next year. Let’s be honest: with all the regulatory, legal, and logistical hoops involved, there’s no way they don’t already have a pretty clear idea of the plan.

Layoffs in operations business banking. Processes being sent offshore to India. Curious if the end goal is to send all of operations there eventually.

this week everyone got to see the quality of resources from offshore during a sev1 issue call in the CSO/EdHayes Org. These folks from India cannot speak a line of English correctly, cannot articulate the problem nor the impacts, and don't even have the technical understanding.... These folks in India get hired thru recommendations, caste or region feeling or thru bribery... almost all of them who joined the bridge were remotely even qualified for the job. There is this girl who joined the call who would not understand basic instructions and the onshore experts had to come to her rescue!! Yet these crooks at the top want to ship jobs to India laying off quality talent here in the US and eventually backstabbing the american people who pay the bills for AT&T products and services!! Just crazy unbelievable that this is happening!!

Don't spend money on paying Indian contractors to astroturf here. Use that money instead to give American workers a raise. I am not kidding when I say every post that is clearly from management or a foreign worker is a clear sign to the American workers that you are scared, and I'm using it accordingly. Give us salespeople higher base pay and activity here will begin to calm down AND productivity will increase!

insiders at TIAA have posted this recently on the TIAA board about their firms outsourcing of jobs to India with A>S>SCenture. The comments are a precusor of what's coming to Mutual of America is about 9 months time:

Commentor 1
TIAA can save 30% in labor costs by outsourcing to India. Problem is, Indians do 50 % of the work and it takes 50 % more time & then you have to build in the time zone difference so the net loss to TIAA is 15% loss in client count and aggregate annual labor costs increasing still at 5% w/no end in site. The cost and productivity savings looks great on paper; much much worse in the real world.

Commentor 2
Ask yourself - can my job be done in India, even if it’s a poor version of what I do? If you answered yes, then always assume they will look for a way to go cheaper even at the cost of quality. TIAA would rather save money than have respect for their product and employees.

Northwestern Memorial Hospital in Chicago is outsourcing the entire helpdesk department to India. All of the American employees will be fired on September 1st and are currently training their Indian replacements.

Why is it when I call Cencora I’m speaking to someone in India? I can barely understand what they are saying. What happened to this company?