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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (2066)4/21/2001 2:46:13 PM
From: Frank A. ColuccioRead Replies (3) of 24758
 
re: the employees of home,

"They fear if they do..."

Assuming that T ever winds up in a position to effect strategic changes at home:

Your observations in this respect may be dead on. There is a high degree of caution and fear out there these days being exercised and felt by networking and programming employees, alike. The dotcom bloodbath has left legions of coders and hackers wanting for work. Many of them who've already been laid off are willing to take a slot at attractive rates to employers _without_ the previously expected options incentives. Many of them will wind up in temporary sourcing situations.

[Digression Begins:This might only be a transient phenomenon, although the culture has shifted during the past 15 years in this sector from cradle to death (a variant of your caring society) to independent contractors who continually skirt (sometimes challege) IRS rules, often by taking dubious tax positions, but who are, in fact, "common law" employees of the firms they serve. And then some of them actually are covered by umbrella agencies who take the larger risk with the fed, and "subcontract" the independents, or employ them in temporary W2, tax-deducting, slots. It was only during the dotcom phase that many of the independents agreed to forego their contractor status and tax attendant benefits and go W2 (instead of 1099 filing) in order to reap the "benefits" [again, read: options, here, and other bennies that demand full time vesting] of full-term employement. And often, a house-cleaning follows. Will the cycle repeat itself? Digression Ends]

T would very likely take their classic tack and mobilize an outsourcing effort to do a revamp, if a meaningful overhaul is their intent. Fresh ideas and requisite new skills, in addition to any financial advantages of outsourcing vs long term liabilities of maintaining an internal staff, would demand it.
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