I believe that moving to HCL just prolongs the inevitable and maybe the only silver lining to this is that that situation buys us a little more time to find another job. The best interest of HCL is not to keep you on the payroll, earning the same or similar income as you did at Xerox. The HCL way is to allocate your job to an environment where work is much cheaper. In that light, I would advise the potential rebadgers to be smart and hit the job market.
10 replies (most recent on top)
For the developers in office and production, their careers are done. They are so far behind it's hopeless at their age to learn a modern stack and get hired.
Agree, I am job searching now, I will collect my pay in the meantime, I really don't care anymore as I know I owe them nothing, my years of busting my a-- for no reward are over, I will use them now and leave on my own terms. So many people in my work are in denial that changes are coming, I want to shake them and say"you are just a number to xerox" and your job will be eliminated. Play the game too people, be in the driver's seat!!!
Yes there is: Go through the motions now; don't wait for a layoff.
Have your resume ready to go, study for a certification to put on that resume, and get familiar with RochesterWorks - You don't have to be unemployed to use their services and they have a lot to offer. If you haven't looked for a job in the past decade you may be shocked at how much things have changed. Be prepared.
Maybe your career is done, maybe not.
When they finally let you go, you WILL be kicking yourself for not doing all you possibly could have done to salvage your career while you had a chance - that is while you were currently employed. You will be kicking yourself everyday for the rest of your life.
Just one comment. It is wise not to generalise to much as in reality different people face different circumstances. I know Xeroids who left or are leaving, like me, with or without VRIF. I know many IRIFed. But I also know some who will not volunteer. And I do understand their decisions too. These are older guys who have no chances on the job market because of age. They will not be IRIFed either as it is cheaper for the company to wait until they retire (unless the severance payments go down to bare statutory minimum - that depends on local legislation and ... Xerox is not just the US).
All I want to say is that there is no single best advice that will fit all personal circumstances. Anyone who seeks sone sort of generic advice on this forum should thinks twice whether any comments posted here do actually apply to his or her specific situation.
Anyone still working there and is treating a job search as "Plan B" DESERVES what will surely happen to them.
Sorry, fat fingered the $22k number while typing on my phone. The corrected numbers are:
6000 rebadged employees
$30k salary per person (higher in the US, but you have Guatemala and other offshore resources included that brings down the average)
$6k salary for Sanjay in Bangalore
That leaves around $24k (corrected number) more per employee HCL has to pay for a resource that isn't in India
6,000 * $22,000 = $144M extra per year that HCL is paying onshore/US resources to do the work.
Think of it this way, using these general assumptions:
6000 rebadged employees
$30k salary per person (higher in the US, but you have Guatemala and other offshore resources included that brings down the average)
$6k salary for Sanjay in Bangalore
That leaves around $22k more per employee HCL has to pay for a resource that isn't in India
6,000 * $22,000 = $132M extra per year that HCL is paying onshore/US resources to do the work.
If you are HCL, that $132M eats into the contract profit QUICKLY. They want to move every rebadged position to India as soon as possible. Every day they have to continue paying a US resource salary means less profit for them.
If there is any way your job can be done by Sanjay in Bangalore, it will. HCL already knows what they can and cannot take on. And they already know - generally - everyone's job description that they accepted to be rebadged.
If you were rebadged, your job will be moved to Sanjay in Bangalore. I don't like saying it, and I wish it wasn't true, but we have to accept that. For that reason I've taken today off to finish my resume and reach out to recruiters in my area. I hope many more are doing the same.
While I share other commentators’ appreciation for this post then I think the same conclusions have been already shared on this forum time and time again.
In a nutshell, disattache yourselves emotionally from Xerox as an employer and start looking after yourself and only yourself. Xerox is a virtual entity. It will not look after yourselves. Full stop. Consider your personal circumstances and make the decision. Consider facts. Your age, your skills and experience, the job market. Does working for HCL makes sens ? Possibly. Possibly not. Th facts are that all the actions on Xerox part, as well as by HCL, are to cut costs. For whatever reasons. You want to believe in the technological powerhouse ? Believe it. You think the Xerox will be sold piece by piece ? Possibly. Anyway, they are cutting costs to the bone with little investment anywhere. Can you draw any conclusions ? It is not easy. At the end look after yourself. You need some plan B. Go out to the market and sense what you can get out there. Then decide to stay, in Xerox or in HCL or in Wipro, wait for another re-badging, IRIF or if you are not a Xeroid veteran then consider leaving at any time. Just remember that the clock is ticking, you are getting older every day. Are you gaining anything by staying at Xerox longer ? Financially, experience wise. If you do then stay. If you do not, make a move. Do not be afraid of taking calculated risk. If you do not risk it is unlikely to gain much. Equally it might be worth taking a risk of staying at Xerox or HCL. If you think you can make some reasonable career in “technological powerhouse, try.
I honestly do not believe anybody on this forum can give any reasonable advise on how the things will turn out at the end. We all gamble by doing whatever we do. By staying, leaving. Whatever. You just need to understand possible consequences of various likely outcomes, consider them, consider your own circumstances and make the decision. You may regret it, you may break the bank. This is what life is all about. Good luck Xerox guys wherever you are and whatever you do.
You hit the nail on the head.
Anyone that was re-badged is on the potential chopping block. If HCL can’t automate or learn your job, you’re sent back to Xerox.
Labor is cheap in India, that’s why Xerox chose them.
This is probably one of the truest posts I've seen on these boards. Period. Statistically speaking, rebadged employees do not have a long shelf life.