BOA worker commits suiside after training H-1B
AMERICAN TECH WORKER
COMMITS SUICIDE
AT
BANK OF AMERICA
Last month Kevin Flanagan commited suicide on his last day of work. Kevin was a typical programmer in his mid forties except the death of Kevin's career occured over many months. Across the country tech workers like Kevin are told to train thier foriegn replacements then shown the door. Severance packages are geared to how well you perform the "knowledge transfer"
I personally know many workers at this Bank of America facility. The feedback is disgust, fear, anger, slanderous but most of all betrayal rings loud and clear, betrayal of thier country, thier communities, families and neighbors.
Many companies caught in the bad PR of outsourcing will buy airtime, give a something to a local Childrens Hospital and then seek absolution in a media blitz. All will be well and forgotten.
If you read the banks commitment to communites they sound like a great corporate citizen, except but they are quietly moving good paying jobs overseas. Of course they will say your personal data, your financials and your home loans are all safe.
There's a crisis a few years off as a typical programmer creates 100 lines of code per day. In just a few years, billions of lines code will be written offshore because we have thousands of companies in a race offshore to save money. There simply just isn't enough time to watch every programmer, contractor, developer and engineer who stops in.
The process of outsourcing is to work with key people to facilitate a clean handoff that may require hundreds of hours of collaboration to complete. You have to wonder why it's called "Knowledge Transfer" , because you need the programmers knowledge before they are gone. You have got to ask what if you needed the knowledge back? GO FISH?
Having done quite a number of bank related projects I know how loose the data is. Many don't scrub the data and often I had GL, AP, AR, account numbers, loans numbers and social security numbers. The plain truth is few programmers or managers trust scrubbed data so most of the time you use real data thats one day old.
If you ask any programmer they will tell you the exact same thing. Would you prefer an American resident who has something to loose or a worker in a foriegn country looking at your records.
Click Here to Learn about B of A
Compare the statements and this article below. Ask yourself, do you see a contradiction in principles.
The last part here is the banking industry is creating specialized lending programs that are NIV, which is targeted at Non-Immigrant Visa holders. So we have millions of unemployed US citizens who have families, houses and cars who can not get a job, but we have special loan programs for Non-Immigrant Visa Holders? The prices in San Jose area are falling as wholesale lenders are looping off 10-15% the appraised price. You can't take 2-3 million high paying jobs without having reprecussions of resounding economic wreckage that will affect every state in the country.
Job losses sap morale of workers
By Ellen Lee
CONTRA COSTA TIMES
In his oldest son's Pleasant Hill home, Tom Flanagan occasionally curses as he walks through the halls and gathers his son Kevin's belongings: the black-and-white photos his son developed in his makeshift darkroom, the household products he had a tendency to buy in bulk, the box-loads of books on computer programming.
More than once, Flanagan shakes his head. "It's a shame," he says. "We lost a good friend and a good mind."
One month ago, Kevin Flanagan took his life in the parking lot of Bank of America's Concord Technology Center, on the afternoon after he was told he had lost his job.
It was "the straw that broke the camel's back," his father said, even though the 41-year-old software programmer suspected it was coming. He knew that his employer, Bank of America Corp., like other giant corporations weathering the economic storm, was cutting high-tech jobs. He knew that Bank of America was sending jobs overseas. He had seen his friends and coworkers leave until only he and one other person remained on the last project Flanagan worked on.
Flanagan took steps to soften the blow. He considered studying law, and even made a list of California schools he was interested in researching. He applied for other jobs at the bank, but didn't receive responses.
In e-mails to his father, Flanagan sounded lighthearted. "I'm safe!" he would write in his Friday missives. "I'm safe for another week."
But Flanagan apparently masked the depth of the distress he felt as he fought to save his position. "He felt like he was fighting a large corporation that pretty much didn't care," his father said. "This final blow was so devastating. He couldn't deal with it." The father said he saw no other signs of depression before his son's suicide.
It is unclear if Flanagan lost his job because it had been sent overseas, or because the bank was slimming down because of the tight economy. Lisa Gagnon, a Bank of America spokeswoman, declined to comment, saying, "We're deeply saddened by this tragedy. We send our prayers to his friends, colleagues and family."
But his death underscores the anxiety that has swelled among technology workers at Bank of America and elsewhere as more businesses shift high-tech jobs and responsibilities to contractors offshore even as they cut jobs in the United States.
A report by Forrester Research projects that, led by the information-technology industry, 3.3 million service jobs and $136 billion in wages will move from the United States to such countries as India and Russia over the next decade or so.
Another survey by A.T. Kearney said that U.S. financial-services companies are planning to send overseas 8 percent of their workforces, thus saving them more than $30 billion.
Coupled with a rough economy and high unemployment, the phenomenon has left U.S. workers looking over their shoulders, wondering if their overseas counterparts could soon replace them. Blue-collar manufacturing jobs have for years crossed U.S. borders and waters. Some workers are bitter that white-collar, high-paying technology jobs are next.
"It could be me," said a Bank of America information-technology employee who spoke on the condition of anonymity. "It could be anybody."
Flanagan's parents say that he complained about the company's move to shift jobs out of the United States and talked about taking care of problems that contractors in India couldn't solve.
"Outsourcing has led to tragedy for us," said Tom Flanagan. "We are devastated."
Flanagan landed at Bank of America seven years ago after spending time at a San Francisco technology company and at ChevronTexaco Corp.
The Concord Technology Center, a cluster of four buildings that opened in 1985, employs programmers such as Flanagan to develop software programs that handle jobs like wire transfers. Throughout the Bay Area, the bank employs some 13,400 workers; the bank would not release the number of workers at the Concord center.
About two years ago, Bank of America created the Global Delivery Center to identify projects that could be sent offshore. In the fall of 2002, it signed agreements with Infosys, whose U.S. headquarters are in Fremont, and Tata Consulting Services, two of the largest players in information-technology consulting and services in India.