Thread regarding VISA Inc. layoffs

Visa hiring tons of tech employees in Austin, TX after massive layoffs in California

have you seen the number of jobs that Visa is posting in Austin TX?

https://jobs.visa.com/go/Jobs-in-Austin%2C-Texas/373003/?q=&sortColumn=referencedate&sortDirection=desc

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| 3006 views | | 4 replies (last )
Post ID: @OP+KCcBJND

4 replies (most recent on top)

Don't need to hire at lower salaries as TX pays for each head which lowers the cost.

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Post ID: @cfzj+KCcBJND

Does anyone know if new SVP Procurement in Austin and if the Procurement jobs are moving there?

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Post ID: @cmxf+KCcBJND

I have doubts they are hiring at lower salary, though they are now hiring staff w/o pensions. And looks as if Visa cuts out the majority of the seasoned staff before they have to pay out the proper pensions to them. Very few employees retire from Visa.

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Post ID: @6aft+KCcBJND

Not just hiring in TX, in CA as well. They eliminated older long term employees with higher salaries and now rehiring lower level individuals to do the same jobs but at a lower cost. These new positions will do the same tasks - it just won't be as costly. For example, eliminated a marketing consultant positions and now replacing with open requisitions for MBA interns - lower cost salaries.

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Post ID: @1wyr+KCcBJND

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