Indeed. But the "contract employee" is a sticky proposition with the IRS (go figure), and even stickier with the HC mandates. And outsourcing firms within the US still have the same HC mandates.
HELLO MEXICO! Or other.
Good thing is, they'll all be offered their same job again.............in Mexico...for a fraction of the pay of course. Cost of living being what it is down there.
Reality is they cut employees and or make more part time positions along with passing costs down accordingly. My last firm I was doing business with laid of 40 people immediately after the bill was passed to "break even". Guess who got the notices?
"Would the driver of the silver Toyota Echo please report to HR next...."