#india

Sept 24th
Last Reporting day: Sept 30th
IBM CTS and Deloitte
18 months contract
God Speed.

Hired VP in India. What a sh-t show. He's planning to layoff onshore and move engineering to India all under his new VP. Better start looking before your get RIF-ed

They did layoffs this week. Lots in India. So far I have heard of a few in GHQ

I work with GCC tech in India. Bunch of rookies. Can’t get out of their way and work at snails pace. So WHY am I hearing about Sept tech layoffs in US?

This Fall, TIAA & many U.S. employers and workers are being squeezed by the steepest run-up in health insurance costs in years, with average family premiums nearing $26,993 in 2026 and pressure building for even sharper increases in 2027. Nearly 300 insurers offering offering health coverage to medium to larger businesses reported a median proposed premium increase of 14% for 2027, according to an analysis of preliminary rate filings from all 50 states and DC. according to a recent KFF survey. TIAA will be forced to ship more jobs offshore to India, The Philippines & Nepal.

TIAA, along with many larger U.S. based employers and workers are being squeezed by the steepest run-up in health insurance costs in years, with average family premiums nearing $26,993 in 2026 and pressure building for even sharper increases in 2027. Nearly 300 insurers offering offering health coverage to medium to larger businesses reported a median proposed premium increase of 14% for 2027, according to an analysis of preliminary rate filings from all 50 states and DC. according to a recent KFF survey. TIAA has no choice to cut more, higher younger workers, and offshore more jobs to India, Philippines, & Nepal.

Seeing chatter that people across the globe in India and apac are getting business update invitations - any truth to this?

I’m coming from a different industry and recently received an offer from Chevron for a design engineering position. I’m hesitant to accept the offer, even though the compensation is slightly better than my current company.
My biggest concern is Chevron’s use of engineering outsourcing, particularly to India. I’m worried that, over time, my position could be outsourced or eliminated and the work could be transferred to India.Should I accept the offer despite this concern, or would it be better to reject it because of the potential long-term risk to job security? What factors should I consider when evaluating the stability and future prospects of this position?

As long as you're not on the Gainwell account and not within the contentiental U.S. You have it made compared to the other.

Working on the Gainwell account is as if you're never left Gainwell. As you still have to put up with all the B*S, gas lighting, etc. Now you have the benefit of experiencing from both Gainwell and the NTT leadership directly over you.

Good luck trying to find another position within the company, unless you're off-shore. Most of the available positions for what I do or want to do are based over in India/Asia.
Basically, the hype about you building a career and being who you want to be at NTT, is just that hype, as it baised towards the cheaper labor overseas.

Training that isn't skillsoft. I payed out of pocket myself. It was the only way to get decent training opportunites.

The only upside is I work remote. Which eliminates me having to pay for home visit healthcare that I otherwise would have to pay for , if I had to go into an office. (The wife is disabled and wheelchair bound)

As you can tell, I don't have a high opinion of NTT and my immediate managers. Everyday is like being thrown into a pool with your hands and feet tied to a concrete block, as you try to wade water and catch your breath whenever possible. And they just keep dumping water over your head.

The scale of U.S. Bank's India expansion may be much larger than most people here realize; this is more than just a traditional offshore call-center operation/IT Help.

In March 2026, Economic Times reported U.S. Bancorp was in talks for 650,000+ sq. ft. in Chennai. By May, BusinessLine reported Cognizant had pre-leased approximately 650,000 sq. ft. at Embassy Splendid TechZone for the U.S. Bancorp GCC, with the building expected to be delivered in June 2026.

Economic Times also reported U.S. Bancorp was evaluating another ~400,000 sq. ft. across Bengaluru and Hyderabad.

That's more than 1 MILLION square feet of office space in India.

Depending on office density and hybrid/shared seating, that kind of footprint could potentially support roughly 10,000+ employees. That's especially interesting given the recent post here claiming approximately 10,000 contractors are associated with U.S. Bank India and may eventually become U.S. Bank employees.

This isn't just U.S. Bank leasing an office in India and hiring people independently.

Indian business reporting has described a 'Build-Operate-Transfer (BOT)' model involving Cognizant for the Chennai GCC.

In simple terms, the model works something like this:

U.S. Bancorp → Cognizant → India GCC → eventually U.S. Bancorp India (yes it looks a bit like money laundering ironically)

Cognizant helps establish and initially operate the center — including infrastructure, staffing and operations — for U.S. Bancorp. Once the operation reaches the agreed stage, the capability/workforce can ultimately be transferred into a U.S. Bancorp-owned operation.

That relationship helps explain why Cognizant reportedly pre-leased the 650,000 sq. ft. Chennai facility for the U.S. Bancorp GCC, rather than the lease necessarily appearing directly under U.S. Bancorp's name.

Earlier Business Standard reporting said TCS, Wipro, Cognizant and ANSR had been involved in bidding to help U.S. Bancorp establish its Indian GCCs. The reported plan was for 3,000–5,000 U.S. Bancorp employees within five years, with Hyderabad becoming a wholly owned U.S. Bancorp center and Chennai initially operating through the BOT model.

So when people see “Cognizant” attached to the Chennai facility, that doesn't necessarily mean this is simply Cognizant outsourcing work for U.S. Bank indefinitely. The reported strategy is to build capability that can ultimately become part of U.S. Bancorp's own India organization.

This appears to be much more than a call center

That's probably the most important part of the story.

A Global Capability Center (GCC) is very different from the traditional offshore model where a bank simply sends customer-service calls or basic processing to a low-cost vendor. This is replacing the American Worker. The ones who built this bank.

Modern Indian GCCs can essentially function as extensions of a company's corporate organization, employing professionals in technology, software engineering, data/analytics, operations, risk, compliance, finance, product support and other specialized corporate functions. All before you know what is happening, and then when people finally understand, its too late.

The reporting around U.S. Bancorp specifically references technology, operations and analytics, while U.S. Bank's own India materials describe U.S. Bancorp India as supporting “core business functions” and “business-critical work.”

There are also U.S. Bank India job postings seeking experience building/scaling a GCC or shared-services operating model.

So the bigger question isn't whether another round of layoffs happens next week. It's what U.S. Bank's workforce is intended to look like 3-5 years from now.

Does anyone here actually have visibility into the India GCC strategy? If anyone has been involved in GCC planning, Cognizant/BOT discussions, hiring, transitions or moving work to India, what are you hearing?

I'm guess if you are, you're not going to risk that nice paycheck for outing yourself out on this forum since this is all close to the vest stuff and you'd be found out.

The layoffs continue. Offices in Ireland to be closed at end of month.

Are they just replacing Irish jobs with Indian jobs at GCC due to CIO's preferences?

If there are 10,000 jobs in India. Why are we paying a fortune for these visa workers to be here? Shouldn't they go back to India where they contribute most efficiently to the bank?

“How much less are the salaries in US Bank’s Chennai India technology center vs US based roles?”

ChatGPT: Quite a bit less. The public Chennai salary data are still sparse and sometimes internally inconsistent, but a reasonable estimate is that U.S. Bank technology labor in Chennai costs roughly 70–85% less in direct salary than comparable U.S.-based technology labor.

Looks like SSNC health is hiring cost center representatives at Mumbai India for the first time they are traitors to their own country. They just sent out a welcome new associates communication and I looked them up and they are in India. It’s bad enough that they are using AI now now they do not hire Americans anymore.

Are there more Americans in Bangalore or Indians in Houston? How many at each location?

Are H-1B full-time employees being asked to move to Global Capability Centers, and how many contractors are being hired or asked to shift in GCCs?

https://www.reuters.com/world/india/charles-schwab-scale-india-tech-centre-workforce-2000-by-2027-source-says-2026-08-19/

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Anyone know when the second GCC is scheduled to be operational? I believe it is in Hyderabad and fully owned by the bank. Indian news media had it a few months ago.

Does anyone know how the BAC partnership with the India finance company benefit us?

The days of corporate run academia are over. Initiative in place to move STCH to India and sale land for housing development

Seriously if you can't get hired, it's because you're not good enough. People are even claiming that the interns are nepos which is laughable to me. This company's standards are not low enough to hire anybody from a mom and pop shop.

I also hate that Indians are automatically assumed to be nepos. Indian Americans with technical degrees are overrepresented in major metros, that's just how it is.

How many jobs have we shipped over to Accenture in India & are more slated to be shipped offshore ?

Everything is a scheme for these guys. But is not happening here according to our trusted, reliable and honest leaders!

www.justice.gov/usao-ma/pr/eleven-indian-nationals-charged-visa-fraud-conspiracy

Its official!! Infosys is coming to take over the projects in CSO org. God only knows how secure ATT data will be after that. So, employees are supposed to train them only to be told bye bye in 4-6 months!! These id--ts at the top never learn from the past and what is happening in India right now... India just bashed up Meta top leadership citing a small technical glitch only to suppress freedom of speech and forcing them to block insta accoutns of a number of people who are protesting against the government!! Yet Stinky wants to send work to India and Indian companies...stinky will eventually realize how d-mb it was to move work to offshore and foreign companies but not before making a costly mistake just all other billion dollars mistakes he did in the past.

WCiBO call today discussed why we are now USBank India . Reasoning was because all the other banks are offshoring, we are now a global company and we need workers across the globe to serve our global customers. Also said required to have employees in India for regulatory reasons.

Did I miss anything else?

Like Susan Collin’s, I am concerned, especially with talk about helping us find another job and severance.

Oh well, at least we get severance

Apparently India staff are so impressed by WFs new ranking system and career prospects based on it that as soon as they get an IM, they start applying out, get hired in 1-2 weeks, and leave.

The best part is, execs don't understand this, don't understand it takes months to years to fully train up a replacement, and don't understand how this is leading to system instability. Why can't they just follow the Jiras to do the job?

The cards are starting to fall.

I have seen maybe hundreds of Indian Impats on Spring campus and many at the 3 B’s.

I have heard that they are so low paid that even with housing and expat benefits that they are lower cost than American employees.

I have also seen a few threads started about this but seem to get deleted.

Managers in FIS India tell their employees that Glint survey is not anonymous.
Be careful what you write.

Layoffs in India and US August first week. Many teams in ISG impacted.

This doesn’t apply to any other BUs but confirmed no LRs in August for Wireless. Holding on to Wi-Fi 8 and MCG for dear life. The AI stuff is just window dressing but it opens doors so they will keep at it. Lotsa openings in India, but hiring there is slow.

Oh yeah that’s gonna be well attended. What a joke. We know which country is their favorite.

Alight laying off domestic employees to replace them with people hired from Wipro in India

Anyone here have more details on percentage of rebadging employees in US and India.. Vivek confirmed there is a plan for sure that is coming our way soon

Same day as the town hall, get a call saying how remote workers are getting laid off and their work is moving to India. Probably one of the many rounds of this. How much will need to be offshored before they take US out of the name?

Level one support was outsourced several years ago. Now level two support is outsourced to India. They laid off 30 technical people who knew what they were doing. It is a total nightmare if you have a problem. No one can understand a word they are saying. My system has been down 3 days and I don't know what to do. All management says is keep calling until you get someone you can understand.

,,, oened up in India after the April 2023 RIF doing?

Release dates all met?

Code excellence?

New technology advances?