Schwab has been running some very expensive commercials lately, touting their investment methods.
Too bad that Schwab's Information Technology group is a problem, eh? (Yes--that's the 'back-end' which keeps your info confidential and does not screw up your investment selections.)
...an insider at Charles Schwab discusses the incompetence of its Indian contractors and how white employees frequently have to clean up their mistakes, as well as their plans to offshore work to India in the coming months. According to him, the entire tech team at Charles Schwab, "which is probably over half of the 30,000 or so employees," is overwhelmingly Indian, and Charles Schwab also contracts out through major bodyshops such as Infosys, Wipro, and TCS, bringing in more Indians. He states that the Indians at Charles Schwab are extraordinarily incompetent, often "[a]sking questions about basic concepts or things that any software engineer with prior experience should know or know how to figure out." Indians at Charles Schwab will typically "bug the more experienced (often white) employees to 'help them out' (aka do the work for them)." Additionally, Charles Schwab is opening a center in India next year, and Americans are being sent there to train the new employees....
You've seen that a million times here: the H1-B's are NOT 'experts.' They are largely mediocre louts who don't have a clue what they are doing--and they don't understand business either.
But hey! The money Schwab saves by hiring incompetent non-US citizens will pay for more ads, see!!!
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