The International Finance Corporation (IFC), the private sector arm of the World Bank, is facing backlash over a sudden change in its policy regarding short-term consultants and visa procedures. Known for heavily relying on consultants for various projects, the IFC is reportedly shifting towards hiring more full-time staff, a move aimed at restructuring its workforce.
The implementation of this policy shift has sparked controversy within the organization, with affected consultants expressing confusion, concern, and frustration. According to sources familiar with the situation and messages shared on internal staff forums, the rollout of these changes has been described as “horrific” and “surprising” by some impacted individuals.
The abrupt nature of these changes has raised questions about the future employment status of current short-term consultants and the implications for ongoing projects. Moreover, adjustments in visa procedures for international consultants have added to the uncertainty and discontent among affected personnel.
The IFC’s decision to prioritize full-time positions over short-term contracts reflects broader organizational strategies aimed at enhancing stability and efficiency within its operations. However, managing the transition in a manner that maintains staff morale and operational continuity remains a significant challenge for the institution.
As the situation unfolds, stakeholders and observers will be closely monitoring how the IFC navigates these internal reforms and addresses the concerns of its workforce amidst these transformative changes.