> Presumable some/many of those full time employees will become contractors. Increasing the supply of available contractors. My experience is most of these peo

> Presumable some/many of those full time employees will become contractors. Increasing the supply of available contractors. My experience is most of these people will leave the industry. Very few have the skillset to become an independent contractor because of all the sales and marketing involved (in addition to the tech skill set you're actually selling). > What happened to contractor pay in 2000? I have no official data, but I was contracting at the time and continued to raise my rate a reasonable amount at semi-regular intervals (every year or two). During that time, people needed to get work done but they wanted one super contractor to do the work that a team of middling engineers used to do, for 1/5 the cost.