We all tend to "like" the idea of money flowing into the country when large corporations invest and sort of take over local businesses. Do not fool yourself , they are not doing this for the love of the country or its people. They are doing this for the love of money - The greed thing -
We all hailed Barclays as the saviour of the local human race whilst some militant (and other not so militant) trade unions had their reservations. So some restrictions was place on what Barclays can do and cannot do. But there were timelines coupled to these constraints and suddenly the truth hit home this week : Barclays' intent is to outsource certain services overseas and specifically to India - I am now speaking about amongst others the IT department. I hereby challenge Absa to publically state their intention with the sudden cutting of staff in their IT department and declare that they have no intention to sacrifice staff in the next 3 years and outsource services to India.
Why of why is Absa's staff still loyal to them - The traumatic experience this week of the IT department staff by getting retrenched and Physically marched out of their offices cannot be described in words
Watch out : Absa has a will of their own that does not bode well for this country. They have lost their position as the nr 1 Homeloans bank because of their stupid decision to cut out bond originators. The are losing major private clients to their competitors. They feel nothing for a client when they want to nail you because of arrears on your accounts ( Should you EVER get into trouble with them speak to me - I will tell you how to handle the problem)
We all hailed Barclays as the saviour of the local human race whilst some militant (and other not so militant) trade unions had their reservations. So some restrictions was place on what Barclays can do and cannot do. But there were timelines coupled to these constraints and suddenly the truth hit home this week : Barclays' intent is to outsource certain services overseas and specifically to India - I am now speaking about amongst others the IT department. I hereby challenge Absa to publically state their intention with the sudden cutting of staff in their IT department and declare that they have no intention to sacrifice staff in the next 3 years and outsource services to India.
Why of why is Absa's staff still loyal to them - The traumatic experience this week of the IT department staff by getting retrenched and Physically marched out of their offices cannot be described in words
Watch out : Absa has a will of their own that does not bode well for this country. They have lost their position as the nr 1 Homeloans bank because of their stupid decision to cut out bond originators. The are losing major private clients to their competitors. They feel nothing for a client when they want to nail you because of arrears on your accounts ( Should you EVER get into trouble with them speak to me - I will tell you how to handle the problem)
