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This is what I've been warning people about since I was at a company acquired by private equity. They straight up told us that if a job can be done from home, t

This is what I've been warning people about since I was at a company acquired by private equity. They straight up told us that if a job can be done from home, then it can be done from India. I got my layoff not too long after that.

baq 3y ago
Not your problem anymore but wonder if that turned out to be true. I have my doubts.
- silverquiet 3y ago
  It's still a going business at least, and obviously India is chosen for cost above any other concern. That ethos showed up in a lot of decisions made by the private equity guys, so it's hard to say exactly which change caused the decline. Certainly in some sense the company is a shell of its former self, but maybe it's more profitable than ever, or maybe the PE guys are extracting lots of money from it? I assume they're making money somehow.
starbugs 3y ago
> They straight up told us that if a job can be done from home, then it can be done from India. Company leadership could be done from home during covid, right?
- silverquiet 3y ago
  I mean, when the big one came, they were pretty brutal to a few of the C levels too. They got a brief mention on the call at least. I always assumed that the PE overlords take a dozen or so executives and lock them in a room with half a dozen knives and tell them to figure it out on their own, but it's possible I'm a bit overly cynical and have a vivid imagination.
  - cmorgan31 3y ago
    They get lucrative agreements with big contracting houses to backfill those roles for cheaper than the onshore cost. PE overlords have us running on a fte/contractor ratio mandate. I can only assume it’s due to money and the ability to rapidly reduce headcount on demand.
nunez 3y ago
The counterpoint, of course, was "we have special skills that you can't outsource; we're paid as much as we are because of the value we provide" It was absolutely maddening to see mass-scale denial in real-time.

baq 3y ago

Not your problem anymore but wonder if that turned out to be true. I have my doubts.

silverquiet 3y ago
It's still a going business at least, and obviously India is chosen for cost above any other concern. That ethos showed up in a lot of decisions made by the private equity guys, so it's hard to say exactly which change caused the decline. Certainly in some sense the company is a shell of its former self, but maybe it's more profitable than ever, or maybe the PE guys are extracting lots of money from it? I assume they're making money somehow.

starbugs 3y ago

> They straight up told us that if a job can be done from home, then it can be done from India. Company leadership could be done from home during covid, right?

silverquiet 3y ago
I mean, when the big one came, they were pretty brutal to a few of the C levels too. They got a brief mention on the call at least. I always assumed that the PE overlords take a dozen or so executives and lock them in a room with half a dozen knives and tell them to figure it out on their own, but it's possible I'm a bit overly cynical and have a vivid imagination.
- cmorgan31 3y ago
  They get lucrative agreements with big contracting houses to backfill those roles for cheaper than the onshore cost. PE overlords have us running on a fte/contractor ratio mandate. I can only assume it’s due to money and the ability to rapidly reduce headcount on demand.

nunez 3y ago

The counterpoint, of course, was "we have special skills that you can't outsource; we're paid as much as we are because of the value we provide" It was absolutely maddening to see mass-scale denial in real-time.