Thread regarding U.S. Bank layoffs

Spreading Group

Evidently Corporate and Commercial spreading is moving to India. I guess spreaders in USA are ongoing to oversee their work for a period of time. I think I saw a movie about this. They must be paying them some sort of bonus to stick around while their replacements in India get up to spread? Anyone willing to share details? Maybe they have some special packages and are threatened about talking about it?

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Post ID: @OP+1tbUbXGX

6 replies (most recent on top)

Is there anything more insulting than being told to train your replacement?

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Post ID: @ccsq+1tbUbXGX

Spreading ? Must be an all female department

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Post ID: @9dkn+1tbUbXGX

It's true. And honestly, a lot of fin spreading is already happening in India and Eastern Europe. It is what it is. It's not new. Moodys is huge in fin spreading services and tech and they're performing the work in Armenia.

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Post ID: @4nqz+1tbUbXGX

India 🇮🇳 or BUST

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Post ID: @1gwu+1tbUbXGX

Just wait til customers find out that for any loan or wealth mgmt, all their tax returns, bank statements, etc are being sent to India….im sure that will go over great in terms of security.

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Post ID: @1ejs+1tbUbXGX

Hopefully they fail and U.S. Bank loses money.

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Post ID: @qpl+1tbUbXGX

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