In January 2019 most of the IT department in it's Connecticut office was outsourced to India. When you went to lunch 30 to 40% of the employees were Indian and a few from China. US citizens formerly had these jobs, but thanks to the Visa Program that... — read more
Topics regarding layoffs at Voya Financial Inc.
I saw the news last week that Voya is planning to partner with a new Indian consulting firm. Wondering if this is going to lead to another round of IT layoffs and or rebadging like took place in 2018. Anyone hear anything?
Voya Financial restructured the IT Departments with large layoffs of up to 50% of the workforce including a rebadging of employees to Cognizant. The jobs were either eliminated or offshored to India. The layoffs were done in phases in order to avoid... — read more
VOYA Financial dropped a bomb on employees on Tuesday announcing Layoffs over the next 9 months for 35 % of its IT employees and moved another 10 -15 % to it's new partner Cognizant. Why: The company is quite profitable, but wants a bigger piece of... — read more
I am a Voya IT employee that is being "rebadged' to Cognizant. The fact is we are getting terminated and as such should get our severance and pursue other work. However, they claim we are not entitled to a severance if we dont accept the Cognizant... — read more
Recognized by Ethisphere as one of the world's most ethical companies. Code of conduct states: We seek to retain and develop highly qualified, diverse and dedicated individuals for our workforce. Yet many layoffs and no attempt to "retain" anyone... — read more
Voya IT employees are either being laid off or are forced to be "rebadged' to Cognizant. The fact is those getting rebaged are terminated and as such should get severance which will allow them time to pursue other work. However, Voya claims they are... — read more
I've read around that a number of people have been let go from IT, but I can't find any confirmation. August 28th was rumored to be the layoffs day at Voya, so I am assuming this was a part of that. Where other departments impacted? In any case, if... — read more
I agree that VOYA is screwing people. I was let go. It seems the older workers were sent packing. All who are leaving are forced to sign a waiver which prohibits us from suing for age discrimination in order to be paid the severance. How is this... — read more
Voya wants to be America's Retirement company, yet they outsourced IT and now Financial departments to Genpact in India. And the Voya employees had to train their replacements. These were not employees that were not skilled or educated workers. They... — read more
Been with the company for almost two decades and now being let go....soooo many let go this time. October, November, January and April dates for terminations to take effect. Selling us off to those in India, again, who have a language barrier and... — read more
Voya Financial restructured the IT Departments with large layoffs of up to 50% of the workforce including a rebadging of employees to cognizant. The jobs were either eliminated or offshored to India. The layoffs were done in phases in order to avoid... — read more