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OhioChick

(23,218 posts) Mon Sep 7, 2015, 02:43 PM Sep 2015

9

As it sets IT layoffs, Citizens Bank shifts work to India via Web

Jobs for some IT employees will end in December

Citizens Bank in Rhode Island has offered its IT employees solid middle-class wages and good benefits, but this slice of the America Dream is ending for many of them.

Bank IT employees are training replacements in India to take over their jobs. IT employees who were contacted say this "knowledge transfer" is being accomplished remotely, over the Web and in a teleconferences.

Affected bank IT employees say their jobs will end in December.

In June, IBM announced that it had signed a five-year IT services agreement with Citizens Bank. The agreement, said IBM, "will help Citizens drive greater efficiencies, improve service and lower cost." IBM runs a large operation in India, where the pay is but a fraction of U.S. worker salaries.

More: http://www.computerworld.com/article/2970435/it-outsourcing/as-it-sets-it-layoffs-citizens-bank-shifts-work-to-india-via-web.html

5 replies

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As it sets IT layoffs, Citizens Bank shifts work to India via Web (Original Post) OhioChick Sep 2015 OP

oh, yeah. Happy Labor Day. Had enough yet? nt antigop Sep 2015 #1

What's sad is that so many people think they are immune. nt antigop Sep 2015 #2

K & R. 'Citizen's' of India Bank. Happy Labor Day. appalachiablue Sep 2015 #3

This message was self-deleted by its author Skittles Sep 2015 #4

and then we wonder why we are so easily hacked!!!! John_Doe80004 Sep 2015 #5

antigop

(12,778 posts)

1. oh, yeah. Happy Labor Day. Had enough yet? nt

Reply to OhioChick (Original post)

Mon Sep 7, 2015, 02:55 PM

Sep 2015

antigop

(12,778 posts)

2. What's sad is that so many people think they are immune. nt

Reply to OhioChick (Original post)

Mon Sep 7, 2015, 02:57 PM

Sep 2015

appalachiablue

(41,146 posts)

3. K & R. 'Citizen's' of India Bank. Happy Labor Day.

Reply to OhioChick (Original post)

Mon Sep 7, 2015, 06:00 PM

Sep 2015

Response to OhioChick (Original post)

Skittles This message was self-deleted by its author.

John_Doe80004

(156 posts)

5. and then we wonder why we are so easily hacked!!!!

Reply to OhioChick (Original post)

Mon Sep 7, 2015, 08:19 PM

Sep 2015

certain industries you just don't outsource and pay slave wages for security reasons.

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