I noticed a job posting in India with my title and responsibilities.
I asked my boss about this directly if this was to replace me, in which they did very briefly pause, but then explained it had nothing to do with our team, but with another group under offshore.
My boss has been transparent with info as it comes and hasn’t shied away from telling bad news when it is relevant. Is it likely they might be lying and layoff is imminent?
It’s definitely possible your boss is lying, but from the info you’ve given us it’s entirely plausible it’s simply another role. If I saw my job title and responsibilities posted in a job under my org, I wouldn’t blink, because there are several people who do what I do. It’s hard to tell you how worried you should be without more info about your job and what’s specifically in the posting.
It’s because you are such an amazing and dedicated employee. Your manager is freeing some time for you yo better focus on larger more impacting projects.
Are you in a core city for your LOB? Are you going to office halftime or greater? If so, then it could be a replacement they are hiring but likely not.
If you are in non core or wfh then you should assume 100% it is replacing you. But we were all told this months ago. They called it location strategy.
Executives want every role that isn't an exec in I&P, contracted, or automated. Management will definitely be included in that purge, and some directors to. Wait until they really start getting rid of branches and mortgage, after that they won't need hardly anyone in the US.
Managers see that it is to their advantage to have offshored workers work under them. They think they will pass through this mandate of efficiency. They see the end game as management in the US and workers in P&I.
Will this work? Is this vision correct? Will they survive?
I see more management and control going to P&I. I might be wrong.
Yes.
Lying is a specialty of WF leadership.
Manager is likely under an NDA and can’t say anything.
About those Indian degrees. It’s a scammer culture.
https://amp.scmp.com/week-asia/people/article/3123929/indias-fake-degrees-hundreds-singapore-malaysia-us-canada-left
Manav Bharti University (MBU) in the northern state of Himachal Pradesh has allegedly sold as many as 36,000 degrees since it was founded in 2009, for prices ranging from 100,000 to 300,000 rupees (US$1,362-4,085), an Indian government agency investigation found last month. Of the 41,000 degrees issued by the university in that time, only 5,000 were found to be genuine.
It's a battle that we just can't win. A 25K salary in the USA will get you a highschool dropout. For the same money, you can recruit a candidate with an engineering degree in India.
@bvt+1slHdscX How is this racist? Also, once you have seasoned, experienced folks in positions and they are replaced by people "learning on the job" it's a lose/lost situation for everyone. WHY would anyone or any corporation go BACKWARDS - which is exactly what is happening when they have unskilled labor as opposed to the competent, experienced folks already doing the jobs?!!!
@wyl+1slHdscX - you are dead right. way too many of the India folks (not the India folks stateside, typically) DO.NOT.CARE. The job is just a stepping stone to move up to another level. If you don't tell them exactly what to do, they won't do it. They either can't or won't think for themselves. It has been like this for the last 20 years of offshoring.
It fails miserably, just like it has for every single other company that's tried it. Eventually they will bring the jobs back stateside because it is such a cluster.
Such a shame to see hard working Americans being sc$ewed over like this.
I've also been contacted over 20 times regarding "opportunities" at Wells. No one wants to work here. Crickets. All incompetent recruiters trying to meet their numbers. When I got the call for my role it was because WF already had a copy of my resume on file. Don't trust LinkedIn. There are some good roles on there but most of them are the lame roles no one wants to take at Wells. The managers here in technology are horrible throw you under the bus for their years of past failures. Ruin your career elsewhere. Lol
You don’t get it. Indian people culturally lie on their resumes about their skills and experience.
They are the worst employees because they must be micromanaged to do anything. We had an issue with storage space that kept alerting. It was the responsibility of a team in India. A certain batch file used to process transactions overnight and post transactions to customer accounts was growing in size. Eventually storage space was too small for the batch file. It caused a major public issue as people were missing their paychecks from their accounts.
All because people in India sitting around with their thumb up their backside because no manager told them to respond to the alerts they are tasked with monitoring and resolving. So none of them did anything about it until it caused a major public outage.
Indian workers (excluding those who come to the US), don’t lift a finger out of their own initiative. They are quick to blame everything else for an app they support and it is like pulling teeth to get them to finally start looking at. I’ve been on calls where after they deploy an application update and it doesn’t work, they spend hours blaming the firewall team, the network team, the VM team, everyone else. I’ve seen them point to completely different problems as to why others are wrong. There was a network issue or firewall issue last year that affected a different application. Must be the same problem again even when they are told repeatedly it is not.
It’s a joke. There is nothing these change freezes will fix. They are not addressing the core issue.
My advice is to always have an updated resume. They will always need a US presence but can offshore most jobs. I just landed a new role a couple weeks back and am already updating resume based on WD job req duties and anticipated future duties.
Managers are not lying to you. They are required to not disclose upcoming layoffs by HR. I guess you think they should risk termination with no severance just to make you happy.
Yeah, @bvt+1slHdscX, save the "outrage" for TikTok please.
Manager here. @mlb is %100 correct. Do not trust mangers, friendly or otherwise.
@bvt+1slHdscX Yeah I didn’t, but I’ve been training new India hires, and they barely do any work and don’t care to learn the actual job like I did, leaving my US coworkers all the slack.
And no it’s not racist to criticize Wells exploiting a third world country at our expense.
I find it funny , that many of your racist comments about Indian workers discount your own careers. How many times have you all said that your job moved to India and they don’t know what they are doing. Well consider this, they may not have your 15 years of experience on the one system you have been working on but when you first started on that system, you had no idea what you were doing either .
You just told him you might be looking to move.
Was laid off as a remote worker mid-last year due to company-wide "efficiencies". 2 months later my job and others were posted on LinkedIn as a contractor out of Charlotte with the same job duties.
Also, I have been contacted several times for contractor Fully REMOTE roles by headhunting agencies for WF contract roles lasting 6-12 months doing the same thing or similar. However, once the headhunter reached out to WF HR, they found out there is a cooling off period of 6 months after severance before an ex-WF can be hired.
Besides moving most roles to India, there is other shady stuff going on.
Yes. Lying is a coveted skill at WF.
Yes. The manager who laid me off had previously been laid off himself. This was disclosed during the meeting. I knew something was up when I saw my job posted in India. I had just delivered a converted system to India. They approach IT like we did in the 80's -- throw stuff at the wall to see if it sticks.
@fbp+1slHdscX I have previewed the India job postings for over two years now. I see more command & control level jobs and architecture and design jobs than ever. This is not just WF but others as well. Concerning the "low level" jobs -- I have noticed that there are no longer .NET jobs -- they are all Java-based coding.
The short answer is Yes.
Yes.
The same thing happened to me. I thought I could trust my friendly manager whom I have been working with many years. But I was betrayed in the end. He lied to me and laid me off. He said it was not performance related, it was just to improve efficiency. What efficiency? Those guys in India make about a third of what we make in the U.S. but they don't know what the he-l they are doing, they are clueless. He said I could apply to other positions at Wells Fargo. I am still upset that my manager lied to me. No, I will never come back to Wells Fargo. The managers at Wells Fargo can never be trusted no matter how friendly they appear.
Yes, your suspicion is correct, he is lying to you. This has been a very common pattern in the past few years at Wells Fargo. Managers are simply following the new playbook provided by the HR or by their Sr. managers. They are not allowed to disclose the information in order to prevent outgoing employees from stealing or deleting the company's information. Many other people have posted the similar cases like this on this board. Of course they got laid off afterwards. Now, you know what you must do. Save yourself.
In the job title format that they tend to use in job postings, I really doubt there are any job titles that are unique to a single role, outside of very high level ones. The kind of high level positions that wouldn’t be just outsourced like that.