The real issue isn't India, Poland, or visa holders. The real issue is transparency from elected politicians, government agencies (EEOC, Dept of Labor) and corporate accountability.
Companies like BNY can move work to lower-cost locations and call it "transformation," "modernization," or "talent strategy." Employees see something different: jobs moving offshore, more visa hires coming onshore, experienced workers disappearing, and very little public reporting that shows the true impact on the U.S. workforce.
Politics matters, but this isn't a Democrat-versus-Republican issue. Both parties have supported globalization, visa programs, and economic policies that help large employers stay competitive. Neither seems particularly interested in requiring companies to disclose how many U.S. jobs are being moved overseas versus how many are actually being created here.
BNY, like many large banks, benefits from visa pipelines. The company gains access to reasonably skilled resources, lower turnover, and workers whose immigration status is often tied to employer sponsorship. In some cases, recent F‑1/OPT and other visa-program participants may also offer payroll or tax advantages compared to hiring experienced domestic workers.
At the same time, state and local governments hand out tax credits and incentives for job creation. On paper, it looks like growth and investment. To many employees, it looks like experienced workers being replaced with lower-cost alternatives. Look at US sites in Pittsburgh, Jersey City, NYC, and Lake Mary.
That's why people keep asking the same questions and with good reason:
How many U.S. jobs were offshored?
How many experienced workers were replaced?
How many positions were filled through visa programs?
What tax incentives were received?
What is the long-term plan for U.S. careers?
Until government entities and companies like BNY start answering those questions honestly, employees will continue assuming the worst. From their perspective, the jobs keep disappearing while leadership keeps saying everything is going according to plan.