Anyone else getting antsy since the one year anniversary of last years' layoffs is coming in September?
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Watch your backs, I got "laid off" today. Was told it was company wide and positions were being eliminated, which is crazy since the amount of incoming contracts outnumbers by far the amount of workers and work. Obviously can't identify but there it is.
depends on the contract details.... there are typically 1 year, 3 year contractual deals as part of the initial acceptance... once you get into the part where the client is no longer subsidizing the bill as part of the transition period, then things can get interesting.... most IT sourced contracts work like this... there is the "cost plus" phase (everything is covered down to the paper clip so to speak)... and then a phase where the transition becomes "steady state" and the provider has to foot the bill.... and there are the negotiations going on for the contract to save money... so BD will squeeze, the provider will squeeze. Things never get better at that point. Depending on how much "belt tightening" needs to go on, there will have been plans to reduce workforce to fund this.... either through attrition, removing available openings, or "human resources actions". I'd expect to see some layoffs just after the fiscal new year starts (that's the 12 month period for this stuff).
As stated on this site many times, BD has long term contracts with certain foreign consulting firms that have been in place at BD for years. These firms have been assisting in this "transition" or we can use the real name for it "rear-ending the American worker by outsourcing to foreign workers" all along. They will now assist to cover up for the issues that outsourcing to HCL has brought to BD. To conclude, if you follow the timing of things and what's been said before, there will likely be more layoffs soon to complete what was started as the next wave of IT dismantling.