I'm not sure if this happen in your country or not, but in my country most companies don't want to make their employees become permanent workers anymore, they only want contract workers because the companies don't have to give compensation to fired contract workers.
I understand that permanent workers are just a "myth", but if the companies suffer bad financial and want to reduce the employees, they would fire the contract workers first, so permanent workers are safer.
We do not expect this to happen because it will affect most people in terms of finding jobs, but we also need to be aware that something can happen in the midst of sophisticated technology that has been so advanced. Contract workers can be terminated when they do not perform well and that is the reason most companies now prefer to recruit contract workers. For permanent jobs, there are many things that must be met and they must also be compensated after being fired unless they violate the rules of the contract by making mistakes in their work.
It is difficult to find a job for permanent employees because usually we have to work for at least five years before being appointed as permanent employees. Except for working in the government sector because the recruitment system is certain to become permanent employees with a decree before the appointment is made.