State of the Market

[uk contractor]

https://www.theguardian.com/politics...ation-controls
Out of touch much!

[Big Blue Plymouth]

https://www.theguardian.com/politics...ation-controls
Out of touch much!

Completely out of touch.

I know plenty of tradesmen, electricians etc, who have been undercut by cheap competition. Don't think they'd like to be referred to as an "entry level job".

[BlasterBates]

https://www.theguardian.com/politics...ation-controls
Out of touch much!

NAFTA has the freedom of movement for skilled people and this is going to be a given I reckon. Any agreement with the EU will probably even go beyond that.

[uk contractor]

Completely out of touch.

I know plenty of tradesmen, electricians etc, who have been undercut by cheap competition. Don't think they'd like to be referred to as an "entry level job".

Same as me many were also ex IT contractors who had to fall back on those trades the last time the IT contract market crashed & burned...bet they are well unhappy now they are being undercut & put out of business again! We do not need any imported skilled or unskilled workers in the UK as long as we have over 9M economically inactive potential workers!!

[uk contractor]

Credit Suisse to cut 5,500 jobs in 2017 after $2.4 billion full-year loss | Reuters
More bad news for IT contractors there are bound to be a lot of IT related roles lost because of this. After trading IT is the next highest paid role in banking.

[radish2008]

It's gone up now - 6500 Credit Suisse jobs going ...

[Eirikur]

Credit Suisse to cut 5,500 jobs in 2017 after $2.4 billion full-year loss | Reuters
More bad news for IT contractors there are bound to be a lot of IT related roles lost because of this. After trading IT is the next highest paid role in banking.

This is usually good news for contractors as they need them to help to make the people redundant and bring in new IT systems to make the business more efficient. Had a contract at Barclaycard to help cut 1200 jobs.

[BoggyMcCBoggyFace]

In most banks now IT is just a cost they are not bothered about using it to gain competitive advantage, so all round it just costs cutting in banking IT resources, infra everything, IT in banking is not a great place to be anymore.

[uk contractor]

In most banks now IT is just a cost they are not bothered about using it to gain competitive advantage, so all round it just costs cutting in banking IT resources, infra everything, IT in banking is not a great place to be anymore.

IT everywhere is a race to the bottom!

[LondonManc]

IT everywhere is a race to the bottom!

Then it bounces back as they realise what paying too much cheapness actually gets you.