I wonder what this means. They should look at the CIO and his minions. They made tech a place nobody wants to be, at least none of my associates.
8 replies (most recent on top)
I guess tech optimization included firing the entire help desk and sending it offshore.
Good luck with the minimum rate card offshore. 😆
We already did this for my workstream. Consolidate contractor resources to 1 vendor. Had vendors bid against each other to get the lowest cost. Required to have 80% resources off-shore. We were given a cost reduction $$$ number we were required to meet. Any resources that we had that didn't belong to the "winning" vendor were let go.
Tech optimization and rationalize tech spend means that the initiatives you had scheduled for 2024 will now be in 2026, regulatory requirements be damned.
Tech optimization is definitely letting contractors go. If it’s a contractor, they don’t have to call it a RIf. Capacity still goes down though, so expect a lot of initiatives to freeze (if they haven’t already)
Bill and Mike will pencil whip 450 million for organizational efficiency and tech optimization. No way they can really do it. If was doable it would have happened already. Remember they have spent north of 5 billion on this merger and the bank is worse today than at the start. Kelly’s legacy will be ki-ling three banks!
It means sending more tech roles to India to do the needful.
Tech optimization and "rationalize tech spend". I want to know what that means.