Oh dear job doom

[BlasterBates]

hmmm looks difficult chaps (and girl)

[oracleslave]

"London Job Seekers Outnumber Banking Positions, Survey Says"

So everyone not in IB are sorted? BOOMED!

[BlasterBates]

That's what I'm hearing, so Finance is bad but "other things" aint too bad.

But then you need expertise in "other things"

[oracleslave]

That's what I'm hearing, so Finance is bad but "other things" aint too bad.

But then you need expertise in "other things"

Surely most contractors are not industry specific?

[BlasterBates]

No most people are fine....however I think I'll be on plan B when the rug is finally pulled

[ratewhore]

That's a bugger for the permies eh?

[BlasterBates]

Its interesting that's true at the moment they're sacking the permies to "reduce the headcount" but keeping the contractors.

But apparently that's simply phase 1. Phase 2 is to dump all the contractors.

[ratewhore]

I heard from some guys I used to work with in the city that 200 permies were made redundant but the contractors were kept until renewal where they would be reviewed to see if they were needed...

[oracleslave]

Its interesting that's true at the moment they're sacking the permies to "reduce the headcount" but keeping the contractors.

But apparently that's simply phase 1. Phase 2 is to dump all the contractors.

Phase 3 will likely involve getting decent contractors back in again when things start to go awry.

[threaded]

I've had calls to work: telecoms, banking, insurance, motors and security, all before noon today.

It's boom time I tell ya!