[ale] Suntrust replaces 100 veteran techs with outsourced staff

[Jim Kinney]

HA!
A friend just retired from the Federal Reserve. He's warned me that the
instant the push to "privatize" the Fed starts, pull all your cash from
the banking system and buy a large, heavy safe.
On Thu, 2015-10-22 at 17:27 -0400, Jay Lozier wrote:
> Looks like SunTrust will on the block soon when the back end COBOL
> system crashes and no one in India knows enough COBOL to fix it.
> 
> At least I am with another bank.
> 
> Jay
> 
> On 10/22/2015 04:54 PM, Jim Kinney wrote:
> > I'm sure by now, most people have heard that Suntrust (time to find
> > a new bank) is laying off 100 developers, having them train their
> > overseas replacements and requiring that they be available, FOR
> > FREE, over the next 2 years if required.
> > 
> > The Register has a good writeup:
> > 
> > http://www.theregister.co.uk/2015/10/22/the_zombie_programmer_awake
> > ns/
> >  -- 
> > James P. Kinney III
> > 
> > Every time you stop a school, you will have to build a jail. What
> > you
> > gain at one end you lose at the other. It's like feeding a dog on
> > his
> > own tail. It won't fatten the dog.
> > - Speech 11/23/1900 Mark Twain
> > 
> > http://heretothereideas.blogspot.com/
> > 
> > 
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