Thread regarding Wells Fargo & Co. layoffs

Some statistics on employee counts USA vs India

Since last year, you have >50,000 fewer USA peers
Since last year, you have >30,000 more India peers

Wells Fargo "transitioned" these American located jobs to India and then announced stonk buybacks with all the money they saved on salaries.

And more jobs will be sent to India

There are approximately 100,000 "Customer Facing" jobs that cannot be shipped overseas.

There are currently about 201,000 jobs that are now being done in USA.

In the next 2 years half of them will go to India.

You need to call your congressman ASAP with this information if you care about keeping your job.

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| 1443 views | | 5 replies (last September 24, 2021) | Reply
Post ID: @OP+1cZM2vHF

5 replies (most recent on top)

You lost audiences as soon as you said stonk

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Post ID: @jzk+1cZM2vHF

Psst...AI/automation is going to make most of them obsolete as well, in less than a decade. Automation is going to usher in a whole world of hurt as far as jobs go. And once other companies see how much they can use/abuse it, the pace will get faster and faster.

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Post ID: @awn+1cZM2vHF

I love how they lie to American workers here and tell them the India headcount is "support." Your manager will dump you so quick it will make your head spin if they can replace you. Once you see Indians doing the same thing your doing or watching over your shoulder, you're screwed. You have 6mo. Happened to me here before. My manager lied to me and said I was going to do more mission critical stuff. I worked my a-s off doing my job and helping train those guys. Your manager will stab you in back as soon as possible, rockstar today, worthless dog tomorrow. Luckly i found another job internal where i knew the manager directly.

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Post ID: @ruc+1cZM2vHF

Don't worry those 100K customer facing jobs are also at risk. They will automate the he-l out of those jobs and give numbers direct to giant call centers in India. Human's will only be used for only the most lucrative sales.

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Post ID: @ftb+1cZM2vHF

I tried calling my congressman but they told me he was replaced by an Indian?

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Post ID: @hey+1cZM2vHF

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