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Lowes to offshore IT jobs to India


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Amid efforts to improve its profitability, Lowe’s has laid off about 125 corporate tech workers, primarily at its headquarters in Mooresville.

The home-improvement retailer informed affected employees Wednesday morning through early afternoon, according to people familiar with the matter.

Many of the affected information technology job functions are being sent to Bangalore, India, where Lowe’s employs approximately 1,000 people in information and technology and analytics.

Wednesday’s layoffs are the latest in several rounds of reductions over the last year.

Lowe’s eliminated 96 corporate tech jobs in October, then in January cut another 2,400 full-time jobs, mostly at the store level. In February, it followed with more than 500 corporate layoffs, including 430 at its headquarters in Mooresville and 70 support staffers in Wilkesboro.

“Everybody’s kind of like, ‘When’s the next wave coming?’” said one former IT employee who has been laid off by the company. He asked to remain anonymous to protect business relationships.

In a memo to IT workers Wednesday, Chief Information Officer Paul Ramsay said the staffing reductions are part of planning effort that began “several years ago” to build a more diverse, global team to respond better “in this highly competitive 24/7 retail environment” and more quickly to “evolving consumer needs.”

“It is always incredibly hard to make decisions such as these that directly impact our people and our teams,” Ramsay said. He added that the company will be providing a competitive severance package and outplacement services, including a job fair with local IT employers.
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3 minutes ago, tennisluvr said:

Ee madhya Mooresville lo kooda(suburb of chaarlett) house rates mid 400s ki vellai. 

Now they will come back to 300s at this rate. 

150k antunnaru vayya

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1 minute ago, kiladi bullodu said:

150k antunnaru vayya

Aa rates eppudu 2010-2011 vi bhayya, ippudekkada manolla dhaati ki 150k eppudo done. 

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Trump gadu outsourcing apanika america first ani dappu kodtundu...vadiki ardam kanidi endante, america first anedaniki oka side effect vundi....almost outsource offshore vuna projects ipudu complete the outsource aitadi...literally 100%..on side ki poragallani patkoche avasarame padadu inka, no h1b lolli..

Picha fruit Trump, poi poi mana desi IT companies tho petukunadu...vunadi paaye, vunchukunadi paaye..asale ie game lo mana IT guys game ferfect ga adutaru, 30 years in the industry..atlanti 4 years in the industry gaadu emi peekaledu...

edo jara tight chestundu..cheyani, chala manchidi..oopiri pilchukovachu koddi rojulu...atarvata malli manchi rojule ika/..

 

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