Thread regarding Morgan Stanley layoffs

Morgan Stanley hates Canadians

Pretty much the title! Recently left after almost 12 years because of how much the firm has changed (for the worst) over the past couple years. The MTL office is basically 75% Indians. They're terrible at their jobs and they barely speak English or French. They're not compatible with our culture and the firm knows that. They are actively hiring more of them every day in Canada. They use the TFW program as much as they can. MS will do whatever they can to get out a decently payed Quebecois and replace them with a cheap foreigner. Think twice before supporting their services or working for them.


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| 32 views | | 7 replies (last 13 days ago) | Reply
Post ID: @OP+1m55ng2rc

7 replies (most recent on top)

Alpharetta is the same ... sad

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Post ID: @24g+1m55ng2rc

Morgan stanley has much more bigger tech workforce in India than in US and Canada. Get out of your bubble! If time comes then they would prefer to shutdown these locations first.

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Post ID: @17z+1m55ng2rc

I agree. The firm reduces labor costs while allowing employees to work more than eight hours a day. If they make mistakes, they can always put in extra hours to correct them.

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Post ID: @14k+1m55ng2rc

As a fellow Indian I think all that you say make sense, why do you invite people to your country or off-load so much work, do not do that. Enough people had been hired in India post covid, put a stop to that & instead see if someone is not adding value then just remove them. Retain the best .

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Post ID: @s1+1m55ng2rc

Tech colleagues having the same problem at US sites not just MTL... case study of Indian nepotism and using immigration work programs to pay less, lock them up for longer periods of time at lower costs, forcing those to agree with what ever the Indian overlords demand... leverage outsourcing agreements with the big India firms to import even more... while not allowing backfills for years, pity firm leadership is either encouraging or blind to it... all so the top of the house can keep the outsourced India firm headcount, and the India immigration work programs in CA and US while laying off citizens every March since new CEO... Just a pity...

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Post ID: @bj+1m55ng2rc

I was laid off and we have engineers at MS from abroad that can't even code.

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Post ID: @ay+1m55ng2rc

as someone who works in the mtl office I don't disagree!! Why are we hiring them when so many qualified canadians cant find a job

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Post ID: @aj+1m55ng2rc

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