Thread regarding U.S. Bank layoffs

It's not just banks. It's also Walmart and other big companies. I heard Procter & Gamble has something over there, one of the big health insurance companies I don't remember which.

This is not just Banks this is part of the new playbook for corporate leadership.

Enjoy the revenue from American customers but don't hire American workers. And lobbying groups select people to run for office that are friendly toward them. Any type of regulation is considered anti-business and attacked by conservatives.

This is the new normal people.

At what point does this trend become a national security threat?

Does no one remember how we had no PPE or proper pharmaceuticals at the beginning of the pandemic? All due to moving our dr-g and medical supply manufacturing overseas?

Did we learn nothing from the 2008 financial collapse? After which, we had to bail out every other big bank because congress turned a blind eye while they spent our money like drunken toddlers.

This isn't going to end well. We are watching a sinking ship and Congress couldn't care less.

Don't wait for $hit to hit the fan. Now is the time to pinch every penny, update your resume and secure your banking and investments.

@a7 OP isn't boasting about India. OP is pointing out the inevitable - all big US businesses will be offshoring. Banks, insurance..et all. Get used to it. Your Congress representatives and senators will claim to work for you, while their campaigns, bankrolled by these very corporations, will quietly make it easier for offshoring. They will echo your rage on Twitter - all while easing restrictions to open GCC's in India and Poland.

Else the next time the VP talks about H1B, ask him this - He and his boss have had the House, Senate and White House since Jan 2025. Why haven't they repealed H1B and why haven't they banned US based companies from opening GCC's in cheaper labor countries?

Why are you spamming this same article in different United States' banks's forums?

Is it because of the not-so-supportive-of-your-BS responses you got in the Citi thread?
https://www.thelayoff.com/t/1m41cnt9t

Your country cannot innovate or progress on its own...it has always required the assistance, financial backing, innovation, guidance, training, and intelligence of your betters: movers and shakers of the Western World.

And even with all of the generous, cooperative, and patient hand-holding you've received, you STILL can't get it right.
So go on with your "bad selves" with all of the false bravado about how you're now allegedly "conquering the world", now that you also have AI to add to the corruption, confusion, and dissonance that your "culture" and ways of "doing business" are all about.

The world is watching as you barrel down the road of self-immolation, due to your shortsighted recklessness in "playing with fire."