A bird told me that contractors are next on the chopping block, is this true?
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Post ID: @en+1jsqbbw0x
True. No need for birds if employees simply looked around and kept their ears open.
However, $hitibank is FOR THE BIRDS 🐦 LMFAO!
Respectfully disagree, 'short term needs' here at Citi means an opportunity for massive contractor bloat because of poor planning and fast turn hiring. Longer term, assuming this place can ever get to a place of thoughtful and timely planning and budgeting, ftes are more cost effective. Tech is massively bloated with contractors right now. Public plan is to cut many due to bloat and high cost. They aren't cheaper to hire, they are EASIER to aquire.
Contractors are deployed for short term needs. And when to be shut for cost cutting , easier with contractors than with employees. So many employees are inefficient if you look around but linger
Tim Ryan literally shared publicly the plan to reduce Citis contractors, no need for birdies, just pay closer attention. :)
Known fact, why FTE should be worry about them. I say, drop 100% contractor from face of Citi earth and let FTE manage it. Keep it in house.
Citigroup plans to layoff 30% of IT contractors. Here's why
https://www.msn.com/en-in/money/topstories/citigroup-plans-to-layoff-30-of-it-contractors-here-s-why/ar-AA1B3PW6?ocid=BingNewsVerp
Totally untrue
They ARE on the chopping block. Not next.
Yes it is true