One of the big Swiss banks, Credit Suiss, has just informed 58 of it's IT specialists that they are now employed by an Indian company. If they don't want to work for HCL Technologies, then they no longer have jobs. This takes effect at the end of this month.
I'm not even sure this is legal - Switzerland normally requires a minimum of 3 months notice. Probably the CS lawyers have found some loophole or other, like "selling" a whole department or something.
The bank has stated that the employees will receive HCL contracts for "at least 12 months". Which probably also means "at most" 12 months, because no Indian company wants expensive Westerners on its books any longer than necessary.
Of course, CS is a really good bank if you're in top management. Top management rakes in the bonuses, no matter how poorly the bank performs.
[ Originally reported by TagesAnzeiger (German), which stated the number of employees impacted as 100. -Ed.]
(Score: 4, Informative) by Whoever on Wednesday July 05 2017, @12:36AM (6 children)
"It's"
It hurts my eyes!
Doesn't anyone know basic grammar any more?
(Score: 1, Insightful) by Anonymous Coward on Wednesday July 05 2017, @12:41AM
It's twitter/smartphone auto-correct world. No wonder jobs are getting oursourced.
(Score: 0) by Anonymous Coward on Wednesday July 05 2017, @04:11AM (1 child)
Eye've bean bittern buy autocorrect serval thymes...
(Score: 0) by Anonymous Coward on Wednesday July 05 2017, @12:03PM
see! "autocorrect" has already solved the humor problem other A.I.s are struggling with :D
(Score: 0) by Anonymous Coward on Wednesday July 05 2017, @10:28AM
Know.
(Score: 2) by tangomargarine on Wednesday July 05 2017, @02:52PM
If only we had editors to proofread stuff that isn't direct quotes...
"Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"
(Score: 2) by Bot on Wednesday July 05 2017, @09:03PM
> Doesn't anyone know basic grammar any more?
Maybe you meant:
> Does anyone know...
Anyway, here you go
line ::= number statement CR | statement CR
statement ::= PRINT expr-list |
IF expression relop expression THEN statement |
GOTO expression...
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