I have seen a huge uptake in contingent hires.
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Contractors are cheap labor, they don't get benefits, PTO, raises, or bonuses and they don't require being performance managed.
One of the greatest moments of the past year for me was interviewing for a contractor role for less money, getting the offer, then telling them no. lol.
@by why would they put this on the record and open themselves up to liability? lol what a silly question
Easier to terminate a contractor than a full FTE
"the model is to blame all the contractors and offshore people when the sh-t hits the fan"
now lemme see, where might a company record something like this.....or w whom
But all those displacements were attributable to the implementation of AI. Just like CS told investors.
Priceless.
with many FTE being displaced, there is way too much work for those remaining-so, many of those displaced have been asked back as contractors. does it make sense? no.
WF still shows they have reduced FTE --how they are paid is a vendor line item.
the model is to blame all the contractors and offshore people when the sh-t hits the fan
AI isn't working out and they're not going to rehire all of the people they laid off so they're doing a quick and dirty replacement of them with contractors.