Reply to: State of the Market

[SussexSeagull]

For those who believe in such things, there are apparently no cranes up in the City of London at the moment for the first time in years. Apparently some take this as a sign the economy isn't doing well (although I am sure WFH is a factor now as well).

[SussexSeagull]

In my experience, Indians have a natural aptitude for making things complicated when they should be simple. Seems like a cultural trait.

I tend to find the better Indian IT workers have gone out on their own and become contractors or got permanent jobs while the more robotic ones remain with the consultancies. In that respect they aren't much different to anyone else in the industry.

[TheDude]

After a few busy weeks in September call for my skills (Scala) have dried up.

[sadkingbilly]

They make things complex because that allows them to extract money from it..

they learned bureaucracy from the best.

[eek]

In my experience, Indians have a natural aptitude for making things complicated when they should be simple. Seems like a cultural trait.

They make things complex because that allows them to extract money from it..

[willendure]

This. It's happening already. The idiocy of the situation is that I get approached by recruiters from Mumbai, working for Indian consultancies, to work for a client in Germany. I keep telling them to **** off, because I am not in the game of complicating my tax situation nor am I in the game of chasing payments across the globe.

In my experience, Indians have a natural aptitude for making things complicated when they should be simple. Seems like a cultural trait.

[squarepeg]

Yes, but you'll be working through 3 levels of intermediaries just to get your foot in the door. I did a goverment contract once where the gov as end client was paying 1 consultancy, subcontracting to another consultancy, subcontracting to another consultancy, subcontracting to my ltd. I never found out what the gov department was actually paying, but it would not in the least have surprised me if it was more than double what I was getting.

This. It's happening already. The idiocy of the situation is that I get approached by recruiters from Mumbai, working for Indian consultancies, to work for a client in Germany. I keep telling them to **** off, because I am not in the game of complicating my tax situation nor am I in the game of chasing payments across the globe.

[dsc]

Yes, but you'll be working through 3 levels of intermediaries just to get your foot in the door. I did a goverment contract once where the gov as end client was paying 1 consultancy, subcontracting to another consultancy, subcontracting to another consultancy, subcontracting to my ltd. I never found out what the gov department was actually paying, but it would not in the least have surprised me if it was more than double what I was getting.

Just read that NHS in Scotland is paying up to £830 per hour for psychiatrist cover as they have no people left. I wonder how much the end psychiatrist gets paid and how much the "consultancy" gets.

[TheDude]

Barclays have been taking the p1ss for over a decade. Everyone took the Barclays gigs to fill a hole and then left when they got something better. They changed the contract to no notice, i.e. could not give notice on the gig, to try stem the tide of people coming and going and did attempt to follow this as far as they could (for free) with contractors that did just give notice and leave even though they were in breach. Wonder if anything has changed on that front.

When it comes to poor quality staff and systems Barclays are right down there with RBS, Credit Suisse etc.

Rates reflect this.

[willendure]

Those who are really stuffed are the organizations using them. We'll be along (if we haven't retired) to fix all the design problems.

Yes, but you'll be working through 3 levels of intermediaries just to get your foot in the door. I did a goverment contract once where the gov as end client was paying 1 consultancy, subcontracting to another consultancy, subcontracting to another consultancy, subcontracting to my ltd. I never found out what the gov department was actually paying, but it would not in the least have surprised me if it was more than double what I was getting.

[escapeUK]

I agree - thats what it really became about. Sunaks wife owned a share of Infosys. As PM he gave out huge numbers of Tier 2 visas. Infosys for £100 million in govt IT contracts. We got stuffed.

Those who are really stuffed are the organizations using them. We'll be along (if we haven't retired) to fix all the design problems.

[willendure]

Morgan Stanley estimates Amazon can cut 13,834 managers and save roughly $3 billion next year.

[Fraidycat]

Just saw this crazy headline, i'm guessing the number being so large this refers mostly to non IT managers, but could include IT management roles as well.

Morgan Stanley estimates Amazon can cut 13,834 managers and save roughly $3 billion next year.

• CEO Andy Jassy wants to lower the ratio of managers to individual contributors.

The estimate assumes 7% of Amazon's workforce is in management positions. As of the end of the second quarter of 2024, Amazon had approximately 105,770 total managers globally from 1.5 million employees.


https://www.msn.com/en-in/money/tech...ey/ar-AA1rFmkJ

[willendure]

IR35 gave the contractor market to large, mostly offshore consultancies.

I agree - thats what it really became about. Sunaks wife owned a share of Infosys. As PM he gave out huge numbers of Tier 2 visas. Infosys for £100 million in govt IT contracts. We got stuffed.

[squarepeg]

It might have become more widespread since open source tools began appearing so people could learn it at home but decent automated testers (which admittedly is not all of them) should be prized. By doing this they are offering no encouragement for people to stay doing it or start doing it.

Business and Industry is really doing their best to make sure the IT industry isn't sustainable in this country.

IR35 gave the contractor market to large, mostly offshore consultancies. I think I'm on my last contract and will be going perm soon. Need to catch the last of the AI wave before it crashes.