Remote Control

I knew someone who worked as a research person for an investment company in Boston. 5 years later they were the head of research but all of the Boston based researchers had been let go and were now located in India instead. Turned out that you could hire English speaking Indians to do research for a lot less money.

Coming off of the pandemic there will be a big push from the younger employees to not come back to their offices in the USA. Jamie Dimon of JP Morgan has said that he isn’t paying New York City money to an employee who is working in the boonies. Dimon is also correct that working remotely is not as effective as being under the same office roof with your boss. So be careful what you wish for because your new remote job may end up in a really remote place like India!

And that is all I’m going to say about!

Photo by Vlada Karpovich on