This explains why it was not announced and why it was not in the statements
We quietly lost a few recently
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Not competely accurate. Cost savings in cutting blue badges but there’s a certain percentage of red badges that are kept on teams so there is more flexibility with workforce planning. For this reason, red badges are often safer than blue badges when cuts are made.
@ar both. c-workers are treated as ‘kites’: cut the string when you don’t need them. They are part of a contract, usually from a 3rd party supplier. Depending on terms of contract, Cisco just says we’re cutting X dollars from contract (‘reducing contractor spend’) and supplier figures out how many people to cut.
Those people have very little legal protections so Cisco can more rapidly subtract or add as they want. It’s more convenient, but I doubt it’s cheaper or more effective in the long term than just being a good employer and better managing your workforce.
I was supposed to start as a contractor for Cisco at the end of the month. Secured an offer for the job, turned down several other opportunities for it, then a week later I got rug-pulled. Really wish they had their ducks in a row before that. They made me miss out on a lot of income I could’ve been pursuing but didn’t because of them.
Its true what others say here, that firing a contractor is even easier than an at-will full time employee (FTE), but I also think the hiring freezes are at play. As far as I know, for many teams, they can't even backfill natural attrition in FTEs anymore, so a lot of teams are trying to avoid permanent headcount reductions.
@ar it's not that hard to get rid of full time employees since virtually the entire country is at will, but contractors are even easier
Mostly same because they factor into their hourly rate the unpaid vacation , health insurance and so on. Their advantage is that they can play with deductions and taxes or split the income if incorporated
From Cisco perspective they do not have to pay severance. The truth is that there are contractors that have been around longer that full time employees
Aren't contractors cheaper? Or just easier to get rid of.
same