this post was submitted on 05 Aug 2023
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I’m willing to bet a team of untrained, uneducated, software/data engineers receiving big salaries are responsible for this.
It’s my understanding that big brand banks live on top of brittle, low quality, poorly tested code- and that’s if they’re not straight up using excel to run production processes.
I'd be willing to bet that they've outsourced to India instead.
Those possibilities are not mutually exclusive
They said big salaries, even onshore devs at banks aren't getting paid big salaries.