Thread regarding JPMorgan Chase & Co. layoffs

White collar jobs are declining hence vanishing quickly especially in the tech sector

Dude
Unemployment rate for IT and Tech sector averages 6% in the US this month.
My scrummaster whose a b** told me there will be more rifs.
It all make sense cause technology is a cost center at chase

"jobs as are being sent overseas"

this is not new, seeing this from the past 30+ years.

this will continue as long as some stupid w**** managers wants to get fat bonus on the projects they are leading.

Don’t even get me started on work being sent over seas. Manila is now CCS and HLAs. They can barely handle the work they have (they can’t handle it because I see it daily) yet let’s send more work

Infosys, TCS, Wipro, HCL, Cognizant, Virtusa have misused H1b visa as offshoring visa for decades now. This is the result of it.

With so much unemployment in tech sector , they need to pause H1 for few years

Because so much is going overseas, i.e. Manilla with mortgage, I tell my family to shop elsewhere, or their personal information will be sent overseas. The people in Manilla are the rudest to work with. They act as if they are superior to stateside employees. I paid off my chase card and closed it, I know it's too late, but they will not have any more of my business.

Literally 5-6 years ago, majority of people at JPM were pro-outsourcing, pro-immigration, and helping the less fortunate in other countries. I remember how excited managers, and teams were to get an H1B employee and how it brightens up the department. Now that the new car smell has worn off, there are buyers' remorse?

There is no way we can stop this just like all the manufacturing jobs were being sent to china,mexico and southeast asia. Most of the white collar jobs will eventually being send to overseas as long as the US maintains its dollar monopoly

the problem is the people above you have much more money to sway Congress or cover it up in the media
see the 2020 election for how much your voice matters