#contractor

I saw someone's title is GRVM Application development, does that mean they are contractors ? or hired by the bank with H1B visa ?

I work as a third-party contractor with HCL, in US. Today, me and my colleague (third party contractor), have been told to be relieved in 30 days. This decision has come from CEO as a cost cutting measure.
News is, HCL is releasing all third party contractors, who are on H1 with 30 days notitce.

any contractors on this site, if yes, what's top of your mind and what options we have now that sh-t has hit the fan

I have several contractors that I rely on to deliver infrastructure needs, as well as developmental projects. Do I need to start planning to lose them or are they safe presumably until their contract is over?

Many of the impacted employees are rehired as contractors and silently offering them to full-time.
Many teams have no projects no work they were enjoying the paychecks with no revenue coming from those teams. Heavy favoritism and lobbying going on which teams to retain and teams to be notified to retire. No place for High performers. Junk and people who dont know basics are driving projects they will eventually fail

Amazes me daily contractors loving there positions at XOM. Must be nice to make twice my salary as an hourly contractor. Oh but you get benefits!….Seriously, so do they! And we pay for that. Oh but you will get a pension….. if I’m lucky! If you’re smart only go to ExxonMobil as a contractor. They get treated better than employees. Kudos to the PIP’d ones I’ve seen come back as contractors!….WTF?!?! Not good enough to be an employee, but let us pay you more to be a contractor!…. While we hardly give our employees raises.

Well Ron , you have lied to the flock! State street is hiring contractors and you know what that means there are no internal jobs they want you to quit or get terminated so you don’t get a package. Bravo suspensions, how cheap can it get?

Quote the Raven never more!

They are laying off all onshore contractors and replacing them with offshore resources.

All we care about these days is whoever comes in with the lowest bid! We don’t even condition anymore or account for needing more PMT for a contractor that is a total sh-t show needing more PMT. Total sh-t show contractor and cut the PMT!!!!

Where else is in danger of going the way of Australia? Guyana from the beginning we don’t operate and have contractor doing everything.

Will cybersecurity employees become contractors?

What will the layoff mean for contractors?

https://thebluetalk.com/t/major-fraud-with-1200-contractors-kickbacks/e41y7e

https://www.justice.gov/crt/reporting-unfair-visa-related-employment-practices

https://x.com/HarmeetKDhillon/status/1961520304439595280

Concerning Contractor Hiring Trends and Potential Workforce Impacts

Many departments are currently undergoing an aggressive wave of contractor onboarding, specifically through Infosys, to support ongoing projects. Leadership has indicated that this shift is driven by a desire to reduce long-term costs associated with employee benefits including health, dental, vision, 401(k), and HSA offerings.

This strategic direction raises serious concerns. The scale and intensity of contractor hiring, coupled with the rationale provided, suggest a possible restructuring effort that may include significant layoffs of permanent staff. Employees should be aware that the October–December period could bring substantial workforce reductions.

Encourage all team members to:

📄 Document any unusual activity—including changes in responsibilities, access, or communications.

🛡️ Safeguard employment records and correspondence that may be relevant to future HR or legal inquiries.

⚖️ Explore legal options, including consultation regarding potential class action protections, should patterns of displacement or discriminatory practices emerge.

Transparency and accountability are essential. Let’s stay informed, vigilant, and united.

This is exactly what is going on with all the SVP;s and VP's across ATT and its mobility arms with the vendor initials TM...

https://thebluetalk.com/t/major-fraud-with-1200-contractors-kickbacks/e41y7e

What a joke. I am tired of being in projects with contractors on the verge of going bankrupt not paying their bills. Contractors have been squeezed so hard since COVID it is a total joke what this industry is becoming. Who wants to work with companies that don’t pay their bills and don’t have enough money to do things right or safe? Have to go low cost on everything with poor quality and make us work so much harder to try get it good enough.

Recently let go.

If I get a consulting/contract gig, can I maintain my WF insurance during the duration of the severance period?

About two weeks after I got the axe, I started receiving emails from temp agencies for my exact job, only at $6/hr less.

As an agency worker I'm fortunate to not have to return to the office. I feel for the full time employees but hey its a perk of being agency.

Why does Cash Vault have such high turnover? They are contract workers, so they don't get displaced, but it seems like they come and go so quickly.

I worked for a reputable temp staffing agency and they contracted my role with FISGlobal saying it was at least 6 month opportunity. On the start date, I join and they onboard me and let me meet my team of 3 onshore persons. Less than a week later, 1 person is let go; without any announcement. I meet my broader project team of 4 persons, 3 of which are offshore in india. 2 weeks later, my small team is absorbed in a larger existing team of 10+ persons; where sprints are managed by an offshore person asking me for an project update on a sh-t project that has 0% of success. 1 month later, I get a call from my staffing agency that the contract was cut and all their existing staffing resources were let go including my own position. This is no way to work and is a terrible company and client.

Do contractors in Costa Rica (converted VMware full time employees) need to renew their contract every quarter?

Management has been there for a while now training to take over the coordination of Recovery Services, including large RaaS accounts. Not sure how that's going to go over with many clients as these are not employees, but contractors. Already lost many in October, next round soon or so I've heard.