Thread regarding JPMorgan Chase & Co. layoffs

JPMorgan Chase plans to increase tech hiring in India by 10% this year!

while simultaneously reducing its U.S.-based tech workforce.

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Post ID: @OP+1jkdssx0m

10 replies (most recent on top)

reminds me of that stupid saying
a rising tide lifts all boats

it's more like
a rising tide lifts the fat yacht
which collides into the smaller boats and wipes them out

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Post ID: @142+1jkdssx0m

"Cheaper labor costs
Heard chase can hire 4.5 devs in India for 1 dev in US"

now do CEOs and upper management which have even
less complex skillsets

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Post ID: @11j+1jkdssx0m

any exec who pedals this strategy should be taken out behind the woodshed. Corporations making $20-$30B per year after every single penny of expense is paid and STILL thinking they need to get efficient and outsource jobs to a foreign, 3rd world country is just stupid. It's stupid. Any exec/director who peruses this board --- sprout a pair and push back against this disgusting strategy. Your purpose in life isn't just to maximize JPM's profits.

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Post ID: @11d+1jkdssx0m

Cheaper labor costs
Heard chase can hire 4.5 devs in India for 1 dev in US

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Post ID: @10b+1jkdssx0m

Do the needful!

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Post ID: @ze+1jkdssx0m

"If your job can be done using a computer/lap top, it can be done from anywhere in the world"

Well, doesn't that damper RTO.

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Post ID: @cz+1jkdssx0m

So that means usa tech layoff chances increased by 10%

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Post ID: @an+1jkdssx0m

If your job can be done using a computer/lap top, it can be done from anywhere in the world, unless it is some groundbreaking new tech.

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Post ID: @aa+1jkdssx0m

i am in the states, hire me!!

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Post ID: @a7+1jkdssx0m

Awe enjoy the impending sense of doom Wells Fargo did the same thing

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Post ID: @a4+1jkdssx0m

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