Are we next for another round? Seems like they are ramping up their Indian operations.
6 replies (most recent on top)
Actually, outsourcing is totally different than offshoring too.
Outsourcing does not necessarily mean India. Outsourcing was a huge trend in the 1980s, kicked off mostly by IBM, and mostly in the states. For some reason people here believe that it is synonymous with India.
If you so much as hire a plumber, painter, electrician etc to come in and fix a problem you are outsourcing.
Here on the forum it is actually used as synonymous with India for ugly American racial reasons.
Oh, this BNY HR person again. I don't care what you say. I will keep posting layoff points to waste your time to type these garbage texts. Cheers! The time you lost during typing won't recover in your life time. Play wise.
If India was good enough for George Harrison and the Beatles, they’re good enough for me.
Seriously, please check your racism at the door. We have some incredibly talented technical teams in India. We also have some U.S. architects who produce only spaghetti.
It’s globalization and it’s not only the big banks. IBM has done it for 35 years. The U.S.A. certainly doesn’t have any lock on brains and we would be lost without our India tech teams or our Poland teams. The U.K. on the other hand stands out as high cost, high regulation and an entitled mentality. That’s where the layoffs should be centered.
Which big bank started the outsourcing to India first in 2005? Does any one know?