I've worked as a contractor at a large corporation when they were having layoffs. It's mostly luck. From an accounting standpoint, cutting contractors does not

I've worked as a contractor at a large corporation when they were having layoffs. It's mostly luck. From an accounting standpoint, cutting contractors does not have the same impact as cutting full time employees, especially for publicly traded companies. Analysts want to see reduced headcount. But keeping a bunch of contractors when employees are getting axed makes everyone uncomfortable. In the end, it's mostly luck and out of your control.