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iburrows · 07-03-2009, 03:56 AM

Hi,

Looks like I was wrong with my assumption that we would be safe as companies would still need IT no matter how bad things get.

It seems at least 400 of these jobs are contract roles which will mean a lot more contractors back on the market fighting for the few decent roles out there at the moment. I thought things were about to get easier but maybe that is not the case.

I read somewhere that the government are not happy with this as they relaxed the monopolies and mergers rules to allow Lloyds and HBOS to merge and the aim of that was to save jobs not to axe them.

Let’s hope for all our sakes that this is indeed just a result of the merger and not a reflection on the market place as a whole as things were just starting to look brighter.

Ian

07-03-2009, 03:56 AM	#2 (permalink)
iburrows Registered User Join Date: Apr 2009 Posts: 8 OS: vista	Re: Bad News for IT jobs at Lloyds Hi, Looks like I was wrong with my assumption that we would be safe as companies would still need IT no matter how bad things get. It seems at least 400 of these jobs are contract roles which will mean a lot more contractors back on the market fighting for the few decent roles out there at the moment. I thought things were about to get easier but maybe that is not the case. I read somewhere that the government are not happy with this as they relaxed the monopolies and mergers rules to allow Lloyds and HBOS to merge and the aim of that was to save jobs not to axe them. Let’s hope for all our sakes that this is indeed just a result of the merger and not a reflection on the market place as a whole as things were just starting to look brighter. Ian