Just wanted to open a master thread for this... Chime in if you have relevant info.
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The lazy man's way of dealing with real issues affecting a company. 1. Short term boost from reduction in employment costs, lasting long enough for at least one nice bonus for the c-suite's effort. 2. Death by a thousand cuts for the company as the overall cost of IT balloons, plus loss of good employees who don't want to deal with the mess any more.
YES.....ITS COMING......BANKS HAVE TO OUTSOURCE A LOT TO SAVE SKIN/COSTS.....IT IS EASY TARGET.....LCC
I recommend you go to the thread for the pacific life company.
They played it so soft and nice it ended up being more like IT genocide.
I regret being positive through the whole thing such a waste of energy