With US Bank shipping off 5-10k jobs oversees, and a $250 million investment in India instead of Minnesota, you'd think Star Tribune would think that is newsworthy.
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Considering the Star Tribune outsourced their printing to Iowa and laid off a bunch of union employees this year… not sure they would be too concerned about this move from USB.
It’s worth a shot: send your concerns here
whistleblower@startribune.com
@a2 They are all being advised by McKinsey and other top consulting firms. This is why they flock together to squeeze every penny from the common worker.
Gunjens husbands company is in the middle too…..anyone investigating this?
@a9 and what else is true is as soon as GK became CEO certain non Indian leaders at cross the bank were suddenly out and replaced by other Indians who have a similar background as GK. Just look at CBB product. One little two little three little Indians. Four little five little…you get the drift.
lol, this has been in motion for over a decade. this is something all large corporations are doing.
What is true:
Kedia becomes CEO, U.S. Bank launches a major India strategy, the locations are Chennai and Hyderabad, her husband was born in Chennai, raised in Hyderabad, educated at IIT Madras, maintains significant IIT Madras relationships, is an entrepreneur/investor and has participated in Indian business ventures.
What you'd think people would care about is knowing is:
What role, if any, did Gunjan Kedia or her husband, Sridhar Tayur play in identifying India, Chennai or Hyderabad for U.S. Bancorp's GCC strategy, introducing U.S. Bank executives to local business or government contacts, identifying advisers or vendors, or facilitating relationships associated with the expansion?
AND
Did either Kedia or Tayur have any prior personal, professional, investment, philanthropic or advisory relationship with any individual or organization involved in site selection, vendor selection, government relations, recruiting, real estate or establishment of U.S. Bancorp India?
@a2 Thanks for sharing this great data. This makes it an even better, bigger story as most of these businesses have major hubs in MN.
I know there were rumors that the building that the GCC was somehow tied to either Gunjan or her husbands family. Has that been verified by anyone?
As much as I hate to say it, it's not. I actually pulled up a Google Maps image of where our newest facility in India is going. Know who else is there? Chase. Wells. Even Optum Health--they're all in the same square block we're moving into. I'd say it would take a law to turn things around, but fact is all our Congressmen are probably getting rich off this at our expense too.
If Wall Street is happy, all their minders and financieres are happy to. It just is what it is.