Thread regarding State Street Corp. layoffs

STT will be taken over by TCS and interns according to the townhall meeting?

So STT will be taken over by TCS and interns according to the townhall meeting? Then why just move STT to Indian? There are plenty of banks here can take over the STT business in US.

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Post ID: @OP+1fcfdDzk

4 replies (most recent on top)

Managers are getting their relatives from poor foreign countries and also taking advantages of the outsource companies. It is a win-win for those managers who were former H1.

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Post ID: @6tcz+1fcfdDzk

Destination for talent...leaving. Employee engagement...not. Just senior managers in a bubble who love to listen to themselves talk and talk and talk. No listening to underlings. Do those employee surveys? By the way, no one is going to honestly say that management sucks since management will see and know who submitted comments. Then your life at the bank will really suck.

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Post ID: @1gep+1fcfdDzk

State Street has been outsourcing jobs and using H1B since 2005

Bad enough to have your job outsource , worst to be forced to train a H1B worker who will be sitting at your desk.

And if you refuse to train then you will not get any severance package

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Post ID: @1gqd+1fcfdDzk

One reason - H1B

All banks are using it

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Post ID: @1qij+1fcfdDzk

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