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As a contractor, the very first thing that happens when a company wants to restructure or prepare to be bought (cut costs to pump the apparent value), contracto
by JoeAltmaier 4y ago
As a contractor, the very first thing that happens when a company wants to restructure or prepare to be bought (cut costs to pump the apparent value), contractors are let go. All of them regardless of their contribution, ability or importance to keeping the schedule on track.
If you're patient, you get a call in a few weeks or a month, and its back to business as usual.
- DanielHB 4y agoI heard from people who worked at Klarna, whenever they get any financial dips to their stock they just mass-let-go of their IT consultants (what contractors are called in Sweden) It happened this year alongside all the major layoffs, but also 4 years ago when they got into problems with the tax agency due to trying to use some loop-holes and had to pay a huge lump sum of tax Oh no we got to pay taxes! Let go of all the consultants so the stock prices doesn't dip!