I used to collected stamps in my youth but lost interest with it because I had become disappointed with what Canada post has to offers. Recently, I started to create my post cards and stamps. I would hand paint the postcards and stamps according to my interest, things had more meaning to me. This one is a 5”x7” post card and stamp of the CEO of RBC (Royal Bank of Canada) Gord Nixon. I don’t know Mr. Nixon but RBC is the largest and most profitable bank of our land. In fact, his name came to my attention only last week because a long time RBC employee gone public with story of him along with 44 bank workers had been terminated by RBC.
Those bank employees’ jobs been outsourced to a foreign company which brought in temporary lower paid workers from India. With no future jobs in the horizon and uncertain future but they still had to train their replacement workers. After complete their training in Canada those workers will return to India and work for RBC from oversea. Since this story came out and we found out this has been the dirty little secret among the banking industry and other big corporations. More sad stories came out from former employees with similar experience of losing their jobs to outsourcing. As the outsourcing backlash became more intense and RBC was the face of the profit driven corporations with little royalty to its employees and facing the worst public relationship nightmare.
Mr. Nixon has no choice but came forward to offer a public apologize and promise to review their outsourcing arrangement, and the affected employees will be offered comparable job opportunities within the bank.
I’m glad the employees will have job opportunities, and I hope everything goes well for them. I wish I believed that Mr. Nixon (and others like him) was genuinely sorry, and not just sorry for the bad public relations caused by his outsourcing.
yes, I think he was just trying to stop all the bad press about the bank and since the news came out many customers had closed their accounts and post protest comments on their facebook page. and by the way the bank has just increased the banking fee!