Thread regarding Credit Suisse layoffs

China

Credit Suisse has already hired many Chinese and is tripling their workforce in Mainland China. Internally, we've already seen many functions already being replaced with Chinese counterparts or are in the process of beginning to do so.

Additionally, they have refused to give pay raises and bonuses to most of their staff. As far as I am concerned, the writing is on the wall and jobs will be outsourced to China.

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