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Should I fear layoffs before even getting staffed as an experienced new joiner, or am I overthinking this?
I joined
EY-Parthenon in NYC (Strategy, PE aligned) in mid October as a sr. Associate, coming from Europe, and have not yet been staffed (have been doing my best to network, but there just aren’t a lot of new engagements starting). I have 2 YOE with strategy consulting.

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Hello, I am being affected by the Meta layoffs- looking for reliable referrals for Deloitte and Slalom. Thanks

likefunny

Got a call from big 4 saying lot of layoffs going on. Plan to join this company for job security at less pay. I was speechless

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Any idea if the global recession affects Big 4s/ EY GDS (Audit and Assurance sector) just like the IT? Will there be any layoffs like twitter or meta?

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Hi folks,
I joined Deloitte as a campus hire for AA position from BCA program around 2 years back. I have a good experience on Angular. Now I am being interviewed by Infosys. I have few questions I need help with:
1. Amidst the recession and the layoffs, should I think of switching from one service based to other?
2. What expectation can I keep on compensation from Infy?
3. What is position hierarchy in Infy and what position I should ask for?
4. Will DUSI negotiate if I am a critical resource?

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Bain & Company Ok spill the tea which firm is behind all these big tech layoffs Deloitte EY McKinsey & Company Bain & Company Boston Consulting Group PwC KPMG Accenture

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I want to know about job security in Optum. Who all have been in Optum for a while please share your response. I am too worried after reading major layoffs by Giant companies. The linkedin is trending with post like, layoff, recession, the great resignation etc. Pour in your experiences about firing in Optum Tata Consultancy Infosys Accenture IBM PwC Amazon American Express Deutsche Bank DXC Technology Deloitte India EY Ericsson FIS Global Fidelity Investments HCL Technologies Infosys

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Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

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I heard many folks have been pulled off in the middle of the project, is EY is all set for layoffs?

Do they give severance packages?if yes how it works? Does it vary for rank?

With layoff news all over the place how is the scenario going to be with deloitte? They did layoffs during covid right but it spoiled their image will they do it again?

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With layoff news all over the place how is the scenario going to be with deloitte? They did layoffs during covid right but it spoiled their image will they do it again?

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Referrals: hi all, whether it’s toxic work environments or the looming layoffs from large companies, I want to be an aid to those in need. If you would like to work for one of the big four accounting firms (Ernst) I can 100% provide a referral. Let’s chat if needed!

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Larsen & Toubro Infotech Do we have any seasoned professionals here who have worked through past recession in 2008? I believe Indian IT sector might see some slowdown with recent tech layoffs in US. I have heard that next few quarters might end up turning strong for Indian IT space as on shore hiring cools down. Thoughts? Larsen & Toubro Infotech Tata Consultancy Infosys Accenture IBM Wipro Deloitte

There were rumblings of potential layoffs today within KPMG Deal Advisory due to the potential recession and then hiring too many people during the SPAC boom last year & not having enough work for people. It started with discussion about how they’re asking people to not use the mentorship budget so much, and how it’s probably going to lead to potential layoffs in the next few months. Has anyone at kpmg heard of this too? Is this something other firms have heard of happening for them too?

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Would a move into Salesforce CSG from a big 4 firm as a architect be risky in this economy? Especially with tech companies performing layoffs?

Are there layoffs happening in PWC AC Bangalore ?

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Powell keeps saying “we need to increase rates to not let inflation become entrenched” but salaries in the labor market have been on a massive increase since the pandemic. It’s not like EY will reduce my salary next year. Incomes are high and won’t come down, sure layoffs can happen but the salary ranges for each level have never decreased. Am i wrong for thinking that inflation will become entrenched no matter what?

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On one side, we are noticing mass layoffs, hiring freeze and cash flow retention to account for upcoming recession.
And on the contrary, in Big4, we are heavily short staffed, people refusing offers and difficult to hire Senior Cons, Manager and Senior Managers. What is this stark difference for? Any thoughts!

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Due to join the big 4 as an experience hire at Consultant level in defence/public sector practice. Worried about potential layoffs (especially since my utilisation could well be 0% for the year as joining 3 weeks before Christmas)

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Similar to DUSI, is recession going to lead to layoffs in EY GDS, BDO RISE and KPMG Global as well?

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Similar to DUSI, is recession going to lead to layoffs in EY GDS, BDO RISE and KPMG Global as well?

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Which firms worked on the Twitter layoffs? I’ve read KPMG, but surely they must’ve had a more high level partner as well? Doing it in-house at this speed is impossible.

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I heard there is a chance of layoffs in Deloitte USI by March end.. Will there be any similar thing in EYGDS also??

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Recent layoff news and information about a Federal warn law that applies to large employers has me questioning how Deloitte handled Covid related layoffs in the summer of 2020.

Deloitte certainly laid off more than 500 employees, yet many responses as we saw on Reddit and fishbowl indicated 4-6 weeks of severance. Is the Federal warn with a minimum notice of 60 days or equivalent severance something that recently became law? I’m curious, and wondering how Deloitte dodged it.

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Larsen & Toubro Infotech Hi fishes,

I wanted to know, Will it be a good time to resign? I'm a little bit scared after seeing the layoffs in the big IT giant companies.

Deloitte Accenture EY Tata Consultancy Coforge ltd PwC Cognizant Galaxe solutions Mindtree Larsen & Toubro Infotech Wipro Microsoft Google Nagarro

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Are the big4 having layoffs in any of the their service lines?

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Got let go last month, no clarity as to why but with all the layoffs going on it's a little scary... 6 YoE CPA and PM with big 4 and lots of diverse experience looking for work. Referrals really appreciated.

Thanks for your help 🙏

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Bain & Company 18% of opendoor, 50% of Twitter, 14% of stripe and 13% of Lyft all in 24 hours. In addition, Apple & Amazon have announced hiring freezes. Wondering what the sentiment is in consulting now. Anyone seeing potential layoffs or hiring freezes at their firms? EY Deloitte Accenture PwC McKinsey & Company Boston Consulting Group Bain & Company ZS Associates Oliver Wyman KPMG

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I am a recent graduate who joined a big 4 six months ago. I enjoy what I am doing and how much I am learning. I recently received offers from two other companies with better compensation packages. I am currently earning $85K at my current firm and live in a Tier 2 city. The two other companies are offering around $130K and are located in CA. They are both FAANG companies. I have heard of number of layoffs happening in big tech. Should I consider making the jump?

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So I was laid off. Is it okay to talk about it at my next job interview? Feels like everyone knows anyway.

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How did your agency handle layoffs? All-agency meeting before they started? After they ended? Both?

Kinda sorta trying to predict if I’m losing my job tomorrow.

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A friend of mine from a top tier consulting firm was counseled out. Do you consider it ethical that his career counselor is intentially spreading the information to his colleagues and to other consultants from other companies in the project? What can he do about it? Specially that he considers the potential layoff is purely based on the current situation (chargeability was low) and not on his performance (they said that his contribution to BD during his bench time was low)?

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After 10 years of working as a FTE PM/producer I’ve now been laid off (thanks Covid) and am looking to start freelancing for the first time. What advice do you have for a new freelance PM/producer?
Also, what kind of insurance do you take out as a freelancer?

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I'm thinking I won't be getting promoted if not laid off at the end Q2 or sooner. What are some good exit ops for an associate with 2 yoe in tech consulting? Exp in Cloud, PMO, IT Risk, and SoD.

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It’s hard to be motivated when rounds of layoffs happen and you see all your friends leave. But one thing that’s gotten me through all of this is working out. And when I say workout I mean the most pathetic, sad, barely completed beginner-level cardio dance routines. I’ve somehow forced myself to move while on lockdown and it’s somehow forced me to feel better. Whatever you’re doing, wherever you are: get up and move even if you don’t finish or end up going on a walk. Pls take care of yourself❤️

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Hey everybody. Got laid off at D. BTA within strategy and analytics. Mostly LS/HC experience. Anybody can help out with a referral anywhere? Thank you!

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I was fired after I reported a partner for a serious (criminal) ethics violation. The firm covered it up. Are all companies like this in the end? I’ve lost my trust and don’t know how to start over.

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Is severance taxed higher? I got 1 month of pay but seemed to be taxed much higher

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A little over a year ago, I posted about my boss making constant comments about my salary. Most comments said I must not have been performing well. I want to update that he was fired, not me.

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I was laid off from Deloitte in the 18th. I have an interview with Amazon for a Senior Program Managers Non Technical position with Amazon hiring manager on Monday. Any advice would be much appreciated. I would love to get into Amazon. I hear their interview process is brutal.

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Constantly worried I’m going to get fired because I don’t know where I stand at my mid sized law firm (second year associate).

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Which agencies are going through layoffs

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Has Deloitte started the lay offs? Link-https://www.reddit.com/r/deloitte/comments/ww02l3/fired/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

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What are some concrete reasons why someone in consulting would be fired, other than the obvious stupid things?

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Accenture CEO said on earnings call that accelerated performance cycle will help manage low performers at greater pace if need to pull levers.
More layoffs are incoming soon.

About last layoffs, we didn't do any layoffs it's cost adjustments mostly in operation centers and restructure due new growth model. 🤷‍♂️

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Curious is anybody seeing layoffs in consulting? How busy are your cyber practices?

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If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?

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Which consulting firms are hiring for experienced Associate position? Have a friend who got laid off and looking for another job.

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When you hear that staff 1s we're just laid off... 😳

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I have a crush on my counsellor at work. She's much older but still really gracious and beautiful. Should I go for it or is this a bad idea?

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How to handle the when company doesn’t have Work life balance They literally Have in times and No out times 9 To 9 or sometimes till 10 11

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Are there UK firms hiring right now or more likely to give tier 2 visas? I'm a US citizen w/ 4 years experience at Deloitte, UK uni & hoping to stay (exempt from res labor market test)

Salary credit timings? Icici bank

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Offered lead engineer designation for 4.7 YOE .they normally offer this position E1.2 band ??

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As a new product manager what books should I be reading? I’ve already read Inspired but looking or more. For context, I’ve joined a series A start up and as expected there’s a lot to do and it’s very fluid. I want to be able to help the head of product as much as possible as well as provide some structure to how we work.

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