Thread regarding Cisco Systems Inc. layoffs

The waning days of CSCO Indian IT workers being paid to do nothing

https://qz.com/1002252/the-bench-in-indian-it-infosys-wipro-cognizant-look-to-reduce-underutilised-workers-not-on-projects/?utm_source=YPL&yptr=yahoo

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Post ID: @OP+NKOvsa1

3 replies (most recent on top)

Same to China IT :)

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Post ID: @1qda+NKOvsa1

Whoever wrote this has no clue about the consulting industry...

You're mistaking consulting for contracting so your reply is no better.

Heck yeah, I'd love to see 100% utilization - it's the holy grail, it's technically impossible though...

100% is only 2080 billable hours and having well exceeded this for many years at a time I can say it's not a matter of possibility, it is. Fringe, G&A, overhead and fee are embedded in the hourly rate so if you aren't limited by rules on government contracts and your company pays you for every hour worked everyone wins, including the customers who would rather pay for more of my unique expertise rather than doubling me up with a weaker partner who would increase most of the scaling factors in the hourly rate.

Spent 11 years with Anderson Consulting in late 80s and 90s - we always had folks on the bench - somehow, somewhere you will always have folks between projects...

A number of US government contractors have used layoffs even for short gaps to eliminate this for decades.

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Post ID: @brq+NKOvsa1

Barely makes any sense... Whoever wrote this has no clue about the consulting industry...

Heck yeah, I'd love to see 100% utilization - it's the holy grail, it's technically impossible though...

Spent 11 years with Anderson Consulting in late 80s and 90s - we always had folks on the bench - somehow, somewhere you will always have folks between projects...

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Post ID: @kfb+NKOvsa1

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