I wonder if this layoff statistics also consider the contractors whose contract ...

		araknafobia on May 10, 2024 \| parent \| context \| favorite \| on: Data showing the 2024 tech job market is far stron... I wonder if this layoff statistics also consider the contractors whose contract wasn’t extended . The company I work for didn’t do any layoffs in theory but simply stopped extending expiring contracts. And let me tell you, there were a lot of contractors.

Yep, 10% advertised RIF usually translates to ~30% actual headcount reduction.