Thread regarding Wells Fargo & Co. layoffs

The as----t on the American worker is an as----t on everyone

India workers pay ZERO tax to any USA government entity.

Things like social security - which is already expected to run out of money - now is more underfunded.

Medicare, Medicaid, State taxes, Unemployment taxes, etc etc are not paid by any Indian worker sitting in India and logging into USA datacenter to do work that used to be done in America.

What this means is that your parents, the disabled, national defense, etc are not funded.

It also means when YOU go to retire, SSI and medicaid is much less likely to exist.

Trump shifted the tax burden onto the American worker, and corporations shifted the american worker to the unemployment lines while shifting the job to India.

So who is going to pay entitlements?
Who is going to pay for schools?
Who is going to pay for infrastructure?

Currently there are over 50000 jobs that have been moved to india, with half of them (!) moved over the past 52 weeks.

When you consider this, please consider calling your congress critter and remind them that offshoring is hurting our seniors and our country.

Congress has the power to fix it.

Call them and ask in light of all this what they think should be done.

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| 5572 views | | 19 replies (last ) | Reply
Post ID: @OP+1d5peQre

19 replies (most recent on top)

This is America, corporations get to hire whoever they want.

Do you want the government to tell American companies who they can and can't hire?

Don't like it, vote better.

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Post ID: @1dzw+1d5peQre

When you offshore a job or buy goods from say, China, the American consumer saves money.

Or more profits go to Wall Street and then I've been told they "trickle down". LOL

I would prefer we keep jobs here, and I would prefer that we make more things here, but people don't seem to realize the benefits to the American economy cheap labor and imports give.

I did say I'd rather keep things here, so please don't flame up.

If you don't want your job to go offshore, be better at your job, add some value that the other guy can't.

And yes, it does appear that a lot of this anger is more about "lack of paleness" than anything else.

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Post ID: @1rcv+1d5peQre

Post ID: @ifq+1d5peQre

"That is one less person paying into SS." - So if a job gets offshored, the government comes around and assassinates them? The displaced person gets another job and pays SS and taxes - saying your arguments are circular would be giving them too much credit.

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Post ID: @1uhy+1d5peQre

Well, I see the OP is not a fan of a lack of paleness in people.

Anyone got any layoff news? Because the Twitter and FB trolls have overrun this site.

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Post ID: @1pvp+1d5peQre

@uwq+1d5peQre - It has to do with layoffs because a bunch of us were laid off this past 18 months in the middle of a pandemic.

Geesh - The company just invented new jobs to hire ppl in India. No! They shifted their American workforce (AKA we trained our replacements and were then LET GO!) to Indian Nationals in India.

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Post ID: @1ikh+1d5peQre

@sbo+1d5peQre

It isn't always about you buddy. There are plenty of people who live paycheck to paycheck that can't afford to save. They need Social Security.

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Post ID: @1gtc+1d5peQre

“ Wells Fargo shipped over 25,000 jobs to India last year.”

The Managing Director of India only has 34k employees. So you are saying there were only 9k employees last year? 🙄🙄🙄🙄🙄. Pass that pipe over here.

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Post ID: @1png+1d5peQre

You know its a really good post/point when the troll loses their mind, posts tons of nonsense, and downvotes everything multiple times.

=)

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Post ID: @rxn+1d5peQre

If you were relying on SSI and medicare, you were a fool to begin with. You should have put some money away for your golden years.

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Post ID: @sbo+1d5peQre

WF is just following the law that Republicans forced on all businesses. Profits are more important than jobs.

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Post ID: @cap+1d5peQre

Wells Fargo shipped over 25,000 jobs to India last year.

Let that sink in for a minute.

Thats bad rite?

Now remember, THEY DID IT IN THE MIDDLE OF A PANDEMIC!

While they run around and sing some bullsh!t about diversity, they are sticking a kn--e in the heart of america.

That not only sucks for those who lost their jobs, but what about the disabled, gramma and grandpa on ssi and medicaid?

Or what about YOUR future SSI and medicaid?

What about those payroll taxes that pay for things like, I dont know NATIONAL DEFENSE or BASIC GOVERNMENT FUNCTIONS?

Wells Fargo is not a good company.

Ethics and patriotism are such a 1950s idea that has long since been abandoned by corporate america.

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Post ID: @stt+1d5peQre

@ifq+1d5peQre. My neighbor concerns about losing jobs to foreigners too. She wants them all gone except for her gardener and her pool man. She wants to keep them, they are very cheap.

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Post ID: @qqd+1d5peQre

@uza+1d5peQre

The point went over your head. When an American job is sent overseas there is a loss of tax income at the local, state and federal level. That is one less person paying into SS.

The money saved is shifted into dividends, stock buybacks for awards and other areas that benefit a very small group of people.

Those that are further enriched also are already well above the SS tax cap.

Unless the jobs going overseas are replaced with as good or better jobs, it is a drain on the country.

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Post ID: @ifq+1d5peQre

How about this OP. Their paychecks go to US employees? They work you get paid. Happy?

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Post ID: @ncm+1d5peQre

So serious question OP, but why should Indian nationals pay taxes to a foreign government? Using your reasoning, The same argument could then be made that all the good American workers building Toyotas at factories across this country should then pay taxes to Japan.

If you want to complain to your congressperson about offshoring that’s fine, but find a better freaking argument than getting foreign nationals to pay taxes to the US government. You’ll be laughed off the phone.

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Post ID: @uza+1d5peQre

OP. Would you trade and be them instead? You must be a vey miserable person

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Post ID: @dvj+1d5peQre

This doublespace guy/gal is doing nothing but constantly stirring the p-t, pulling all sorts of shiet from the sky and assigning validity the layoff arguement. For God's sake, just stop already and let's hope this site gets back to actual layoff info.

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Post ID: @wme+1d5peQre

what does this have to do with layoffs??

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Post ID: @uwq+1d5peQre

yep but to be fair all of the people who immigrated from india are sending all of their money back to india instead of spending it in the US so we are already being gutted.

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Post ID: @bfu+1d5peQre

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