Through some quick and easy google searching I found out the average salary for folks working at the BTC (where SO many jobs recently were outsourced to and where the majority of the latest layoff announcement jobs will be going to) is about $30,000 CAD with high earners making 50k and new hires and trainees making 10k ... annually.
So for every person in the office in St John's being let go that is for sure making 100k + they are getting 5-10 people to take over for them in Bengaluru. From a business decision it's a no brainer to get 10x the productivity from the same investment. But....once again it's just another big corporation prioritizing shareholders and stock price over people....then sending out emails saying our people are our biggest asset just to rub salt in the wound.