Charles Schwab has chosen Hyderabad as the location for its first Technology Development Centre !

[Texas_Pungulu_Uncles]

1 hour ago, Tellugodu said:

Wow, more layoffs in US and offshore those positions to India for cheap labor. Bad for desis, good for Hyd youth.

Yes moving for cheap labor in hyd . cheap minister approved for free land and some money in cash from charles schwab

[Texas_Pungulu_Uncles]

1 hour ago, usetime63 said:

Evadu e Mr bokka gadu

brother of sebastin

[ramannar]

20 minutes ago, Tellugodu said:

That’s what I see in the company I worked (crypto/fintech). They hired heavily in India by setting up ODC (offshore development center) in India, one year into it they realized, how hard it is to get the work done, especially development work with Indian team. Layed off bunch of them for not hitting the performance bar. Realized it’s not easy to get quality work done overseas and changed their hiring strategy. India is best for support/back office but may not be for technical/development work. (Saying this from prospective of tier 2 or tier 3 tech companies). 

A fresher with no experience if put on saffort will b**ch about his boss matta god etc. Tella tatas very well aware and grant safort frojex afshor witch is heavily maintained with safort frajex mana goats think omrikun vuncles no pani so afshorin

[usetime63]

24 minutes ago, Tellugodu said:

Are you guys still keeping them ? Or planning to eventually get them off-boarded ? 

Keep, all comes to cost saving. 

[Konebhar6]

4 hours ago, Tellugodu said:

That’s what I see in the company I worked (crypto/fintech). They hired heavily in India by setting up ODC (offshore development center) in India, one year into it they realized, how hard it is to get the work done, especially development work with Indian team. Layed off bunch of them for not hitting the performance bar. Realized it’s not easy to get quality work done overseas and changed their hiring strategy. India is best for support/back office but may not be for technical/development work. (Saying this from prospective of tier 2 or tier 3 tech companies). 

It's a cycle. Companies focus on cost-cutting to show operational costs down during a recession and when growth reduces. They soon realize that the quality of work is impacted. Timezone differences, communication gaps, etc come into the picture and work does not get done. If the market improves, and the company does well, IT gets more budget, and the company starts to hire more onsite. 

Rinse and repeat. 

[Android_Halwa]

5 hours ago, psycontr said:

 

Hold On…

Tweet la clear ga mention chesinaru kada… ‘Prospective location’ ani…

Charana kodi ki barana masala…