While CITI has reduced headcount in the US it is offshoring jobs in a big way to INDIA/BELFAST/UK. So I gues even if H1Bs are reduced the jobs will not come back because they will been outsourfed.
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Read the link below and weep. Poor Groypers who were, till yesterday, praising Eastern European countries work at those GCC's based there...because it was white people doing the work...their hearts will be broken to realize that the true owners of those Eastern European GCC's are ....drumroll......indian companies like Tech Mahindra, HCL etc. LOLOL
https://indianexpress.com/article/explained/explained-global/indian-it-firms-us-visa-dependence-local-hiring-nearshore-hubs-10915215/
@bz Just curious, why would the company hire "junks" as SVPs and Ds under such an ambitious CEO? What story do you tell yourself to feel good?
All immigrants are junks, unprofessional, lack work ethic, uneducated and all Americans are pristine Harward alumni doing the best work in the world, but somehow they don't get hired because a good for nothing cheating immigrant charges $10 an hour lesser? Yeah, totally makes sense.
@bs Not just the MDs, every racist in the company.
The contracting companies are run by upper caste racists. They kind of spy on every detail of the full time employees in the group until they replace them.
DO NOT TALK TO THE CONTRACTORS.
Not just in the USA, London are is also equally bad. TX, FL and NJ are the worst.
The governments must investigate the recently promoted and hired/ contracted foreign nationals. Lot of fraud happened in the past 10 years.
They recruited several immigrant contractors, hired some junk candidates as full time employees and promoted several of them as SVPs and Directors.
Please report the fraud to ICE, USCIS and DHS. No one should be spares. We need to flush the junk out of the company. Everyone suffered during COVID, but some immigrants thrived by scamming the system.
@OP The root of the problem are the MDs who are not American and who have no loyalty to America and who are chasing “efficiency “ by redirecting work to cheaper offshore locations.
They are proceeding on the basis of pursuing “efficiency “ because they have ZERO loyalty to America and could not care less for Americans who are losing their jobs.
No concern is being given to Education, Experience, Dedication, Performance and Professionalism.
Decisions are being based on monetary terms only.
I’m not sure there is an easy solution to this problem.
True, but the US government is to blame for things getting very expensive - they run inflation on purpose...
@a7 isnt just few months ago Citi booked losses to exit russia bcoz govt policies.now govt buying oil from russia..so who is loyal to whom..so cute scenario
Citi is doing massive hiring everywhere except in the USA. The small amount of hiring that is happening in the USA is only for pre decided candidates.
Why did the government bailout this bank?! Shame shame! No concern for Americans.
This is an American global bank that operates else where and works for non Americans.