Originally posted by TheDude
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State of the Market
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Originally posted by TheDude View Post
I doubt they would lower themselves to most roles out there.Last edited by eek; 17 March 2023, 11:56.merely at clientco for the entertainmentComment
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Originally posted by Snooky View Post
Or possibly just lots of jobless FAANG & Twitter staff sucking up all the roles?
"Google's executive overseeing EMEA, told UK employees that those whose roles were provisionally targeted for redundancy would know "by early April."
I guess this will effect the Perm market more than Contractors, although does have a knock on effect. Often clients only look for contractors after they cant fill perm openings.Last edited by Fraidycat; 17 March 2023, 11:55.Comment
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Originally posted by SussexSeagull View PostPhone has started ringing again. Hopefully this time round it leads to something.
Even the burner has gone off twice today and that's been on death watch for about three weeks.
Would not want to be a contract recruiter this week, it looks like carnage and a poor setup for April. Things best pick up in April or this year is a wash already.Last edited by Bluenose; 17 March 2023, 13:56.Comment
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Originally posted by Fraidycat View Post
I was thinking this most recent drop might be due to the banking issues we have been seeing over the past week, SVB, Credit Sussie etc. Will have scared everyone even outside of banking. Temporary hiring freezes which might get lifted in April if everything turns out fine.Comment
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Originally posted by edison View Postit's just announced a hiring freeze which doesn't make much sense.
There is also a good chance those same external investors might be telling them to slowdown as well.
In theory this is supposed to be good for temp workers like contractors but not seeing it in reality yet..
Maybe when the perm layoffs really start to happen then contractors will be brought in as cover?Last edited by Fraidycat; 17 March 2023, 15:00.Comment
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Originally posted by Bluenose View Post
First rule of contracting, never answer your phone on Friday.
Even the burner has gone off twice today and that's been on death watch for about three weeks.
Would not want to be a contract recruiter this week, it looks like carnage and a poor setup for April. Things best pick up in April or this year is a wash already.Comment
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Originally posted by Snooky View PostOr possibly just lots of jobless FAANG & Twitter staff sucking up all the roles?
Facebook is doing another round of layoffs, bringing total cuts to 25%, and it is only March, and they plan a year of efficiency.
Being much bigger than Twitter, starting with 86000 employees, Facebook cant cut 50% in one go, so it looks like they are doing it 10,000 jobs at a time, as less disruptive that way.
Some pretty brutal downsizing going on..Last edited by Fraidycat; 17 March 2023, 22:31.Comment
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Had a phone interview last week. A panel interview (always bad) and one of them wanted to spend 98% of the time asking questions about when I'd used this or that methodology in the past, leaving 2% of the time to talk about the actual project. ffs.⭐️ Gold Star ContractorComment
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