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There is a rumor circulating about Barclays IT

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AndrewV
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There is a rumor circulating about Barclays IT

Post by AndrewV » Mon, 27 Jan 2014 4:31 pm

that the entire IT dept maybe moved to india
anyone have anymore info on this?
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Wd40
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Post by Wd40 » Mon, 27 Jan 2014 5:39 pm

Yeah, my friend who was working here in Barclays and then moved to Barclays Pune just called me. He said 300 people in SIngapore have been fired. I was almost about to get an offer at Barclays last september and now I learn the team in which I was about to move, had I got the offer, has already been lay'd off.

Interesting times.
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Post by AngMoG » Mon, 27 Jan 2014 5:47 pm

Just googled for it.. was in the news a year ago, that they are planning to "right-shore". So not really a surprise there.
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Post by ecureilx » Tue, 28 Jan 2014 10:07 am

Wd40 wrote:Yeah, my friend who was working here in Barclays and then moved to Barclays Pune just called me. He said 300 people in SIngapore have been fired. I was almost about to get an offer at Barclays last september and now I learn the team in which I was about to move, had I got the offer, has already been lay'd off.

Interesting times.
To India is ok ..

A Barcap guy I know was relocated to Baku .. :D That's it .. or he leaves ..
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Post by Sergei82 » Tue, 28 Jan 2014 10:21 am

And you know what?
All recruiters say that Barclays is still hiring. In IT!

What a bunch of douchebags - those IT management guys in Barclays! How many careers they're about to screw up!
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Post by zzm9980 » Tue, 28 Jan 2014 11:16 am

Sergei82 wrote:And you know what?
All recruiters say that Barclays is still hiring. In IT!

What a bunch of douchebags - those IT management guys in Barclays! How many careers they're about to screw up!
It's quite possible. Move the guys in the trenches to India, and keep the "brains" here.
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Post by Wd40 » Tue, 28 Jan 2014 11:29 am

Its time to get over banking. There are quite a lot of opportunities in Singapore at the moment in diverse industries, for IT guys. From Casino to Music industry. I have a few interviews lined up this week. Yet, finance will always be close to my heart.
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Post by Wd40 » Tue, 28 Jan 2014 11:44 am

zzm9980 wrote:
Sergei82 wrote:And you know what?
All recruiters say that Barclays is still hiring. In IT!

What a bunch of douchebags - those IT management guys in Barclays! How many careers they're about to screw up!
It's quite possible. Move the guys in the trenches to India, and keep the "brains" here.
Barclays has another low cost development center in Kiev. The recent protests there must have given Pune a leg up, I would imagine.

Mind you their development center in Texas is considered lower cost compared to Singapore. Singapore, has to be doomed.
Last edited by Wd40 on Tue, 28 Jan 2014 11:45 am, edited 1 time in total.
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Post by Barnsley » Tue, 28 Jan 2014 11:45 am

Sergei82 wrote:And you know what?
All recruiters say that Barclays is still hiring. In IT!

What a bunch of douchebags - those IT management guys in Barclays! How many careers they're about to screw up!
I would imagine any company shuttling its personnel/departments around the globe really couldnt give a monkeys about an individuals career.
Life is short, paddle harder!!
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Post by Sergei82 » Tue, 28 Jan 2014 11:51 am

Wd40 wrote:
zzm9980 wrote:
Sergei82 wrote:And you know what?
All recruiters say that Barclays is still hiring. In IT!

What a bunch of douchebags - those IT management guys in Barclays! How many careers they're about to screw up!
It's quite possible. Move the guys in the trenches to India, and keep the "brains" here.
Barclays has another low cost development center in Kiev. The recent protests there must have given Pune a leg up, I would imagine.

Mind you their development center in Texas is considered lower cost compared to Singapore. Singapore, has to be doomed.
Recent photo from Ukraine (made last Sunday; written: "Ukraine is Europe!"):

Image
I wonder if it is a Barclays employee!? :mrgreen:
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Post by Sergei82 » Tue, 28 Jan 2014 11:54 am

Wd40 wrote:...There are quite a lot of opportunities in Singapore at the moment in diverse industries, for IT guys. From Casino to Music industry...
Can you be more precise about music industry please? I'm very curious. :)
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Post by zzm9980 » Tue, 28 Jan 2014 12:51 pm

Sergei82 wrote:
Wd40 wrote:...There are quite a lot of opportunities in Singapore at the moment in diverse industries, for IT guys. From Casino to Music industry...
Can you be more precise about music industry please? I'm very curious. :)
I'm curious too. The closest thing I've seen to local music industry are the random performances and CDs for sale at Starbucks. Otherwise, it seems Taiwanese pop is the adopted 'local' music.
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Post by zzm9980 » Tue, 28 Jan 2014 12:53 pm

Sergei82 wrote:
Wd40 wrote:
zzm9980 wrote: It's quite possible. Move the guys in the trenches to India, and keep the "brains" here.
Barclays has another low cost development center in Kiev. The recent protests there must have given Pune a leg up, I would imagine.

Mind you their development center in Texas is considered lower cost compared to Singapore. Singapore, has to be doomed.
Recent photo from Ukraine (made last Sunday; written: "Ukraine is Europe!"):

Image
I wonder if it is a Barclays employee!? :mrgreen:
I think I finally understand:
http://www.economist.com/blogs/economis ... xplains-11

Ukraine isn't an old country historically, and is just an artificial construct of the past ~100 years like most of those in the Middle East which have so much trouble. Random outside powers carving and merging various ethnic groups they don't care so much about. IMO better to let these countries (like Iraq!) split up and/or merge with the neighbors.
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Post by Wd40 » Tue, 28 Jan 2014 4:25 pm

zzm9980 wrote:
Sergei82 wrote:
Wd40 wrote:...There are quite a lot of opportunities in Singapore at the moment in diverse industries, for IT guys. From Casino to Music industry...
Can you be more precise about music industry please? I'm very curious. :)
I'm curious too. The closest thing I've seen to local music industry are the random performances and CDs for sale at Starbucks. Otherwise, it seems Taiwanese pop is the adopted 'local' music.
Theres a company that manufactures Music Equipment, likes of Dolby. Its a global company. Manufacturing in China and IT development centre in Singapore. So its actually manufacturing, not music sorry :)
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Post by Barnsley » Wed, 29 Jan 2014 12:34 pm

Cutting a lot of jobs in UK as well.

just read on bbc that they closing 25% of its branches in UK
Life is short, paddle harder!!
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