Comment by lhnz

It's strange because I've worked at one of the bank's mentioned for the last year and haven't heard of a single relocation.

I think that it might be overblown or not affecting technology departments.

I would have also thought that if 20% of the workforce were relocated it would be visible in the canteen, etc.

Not saying that a relocation isn't happening at all, just saying that it's not visible within a bank.