I’m calling this true. I used to buy into the positive brainwashing and think, oh these new leaders will see our value and anyone thinking negative needed an attitude adjustment, until it happened to me.
Nationwide hired a new CTO from GE in 2018 First order of business. Outsource, all of it. IT, Operations, customers service, all of it. Off to India it goes.
Pacific Life absorbed a CIO from a GE company in 2018. First order of business. Outsource, all of it. IT, Operations, processing, customer service. Off to India it goes.
First American Titled hired their new CIO from Toyota and as far as I know it was years of swinging the axe at Toyota one of my peers there had to endure 4 rounds of layoff survivor. Just to come to a new company and get outsourced a year later.
If the new C level was a layoff machine gun elsewhere......... you know the rest.