There is no question that in a recessionary economy such as the one we are now suffering through, companies look to cut costs in any way they can—by buying less, cutting benefits and salaries, withdrawing company perks, negotiating lower prices with suppliers, instituting hiring freezes, and, alas, laying off workers.
The latter course, however, puts these companies in a bind, because while they are cutting costs, they certainly don’t want to reduce the quality or quantity of their product output. So how do insurers and other companies maintain IT programs and even embark on new initiatives with fewer people and diminished resources? The answer seems to lie in hiring freelancers who will cost less.
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