I keep hearing that Budapest and Prague are next on the country program list. Anyone have intel? What about Bangkok? They have become more expensive but quality is finally starting to improve after a years of post migration hand holding.
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From someone working in a facility divested a couple of years ago, I can tell you that there is life beyond ‘Big Mamma’ ExxonMobil. Don't be afraid. You'll be surprised to breathe fresh air again!
@a5 nah, in the EU it’s best to ride it out and go down with the ship. You have more layoff protections than the us on average. Those folks have transferable skills outside of o and g. They won’t be without a job long and will have a nice bag too.
As soon as Fawley goes, the end comes for these offices. Sorry to say that but it just doesn’t make sense. Managers would be wise to start moving that work to South America or India. It won’t stay in Europe!
The GBC's have a limited lifespan until another cheaper one comes along. Just look at what happened to Moncton.
Both Prague and Budapest have clearly peaked and are on the decline as far as scope. Asset sales in Europe also make them less important. I'm pretty sure it's a matter of "when", not "if" those will be closed.
Moving roles from sites to Prague was a last ditch effort to help keep a mass of roles. With automation coming, Budapest is finished, Neil Hansen will ensure that. For Prague, if one or two more downstream sales occur, then the rest of the roles will go to India. It’s not a matter of if, but rather how soon. All of them should consider looking for roles elsewhere.