Got fired from my firm in June. And now I just got rehired to the same office, with a different team (in an area I actually care about) AND with a promotion - we’ve both signed the papers, it’s all confirmed.
Don’t let anyone tell you can’t do something.
Needing some general advice from my fellow federal contractors. This past year I joined a small consulting firm for a pay bump since I just started out 1 year ago and was placed at 95k on a policy team. Over the year there was 2 people fired from my team and one quit leaving just myself and the team "manager". This lead to way too much project deliverables not being met. End of year review was not favorable and it seems I was made the scapegoat taking a hit financially advice?
I’ve seen a few Partners getting laid off lately.
Any insights to that process? Does it differ from when the rest of us gets laid off?
I have a feeling that the Partner title is heavily overrated.
I got laid off last month. I got a meager income of 450$/week, barely enough to pay the student loans. Hoping to manage the rest of year with that and the small severance package that I will receive. But, besides that my family is home. My college freshman is here and shared her good grades with me. As a family, we have decided that we will keep our expenses low- stay home & stay warm. I feel more content and full with my family home, even if I don’t have many resources to spend on stuff.
Shots fired 😂🤣
McKinsey & Company Layoffs in investment banking are making me very nervous esp now that Goldman Sachs has announced that 8% of its workforce will be laid off.
Can we expect something similar to take place in management consulting?
Talking specifically because I’m nervous about my McKinsey & Company offer getting rescinded though I’m sure it’s consultants who are advising these banking layoffs :/
What consulting firms are having layoffs?
I joined a tech company and we had about 15% layoffs including my boss. I plan to go to the head of the group to have an action plan. I have a few items that I want to finish and then work with them to setup my own career plan. Any advice on how to go about this conversation
My SM was saying it wouldn’t be a good time to be on the bench in case they decide to make layoffs… I just joined this year but imagine more science would go into the decision then just whoever isn’t on a project
If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?
My company laid off a bunch of people yesterday and a few of my friends got affected. I have so little motivation to work today but I have a client meeting tomorrow :(
I got fired 1 week before my official contract ends. Is it wrong to inform an employer about future plans and share a month before that you are leaving the company? I am shocked because I am an A performer and I had a good relationship with my boss. Any thoughts? I do realize the end of the year is slow for the company and they want to save money. But 1 week of my paycheck is not going to make a big difference. I am taking it too personal and it hurts a lot.
My firm let go of a Director who has been making life a living hell for me for over a year now. I was so full of joy, I happy sobbed for 5 minutes when I heard she was let fired. I’m free from this woman. God bless 🙏🏽.
https://www.instagram.com/reel/CjZDJ_pOFSm/?igshid=YmMyMTA2M2Y=. She says severance pays can be negotiated to 4 weeks / year of work. Here at Accenture, it’s 2 weeks/year of work for levels 5,6&7. Are severance pays truly negotiable?
is a bad time to change jobs? with the economy uncertainty? If we start a new job, wouldn't we be chosen first to get laid off if they need to let people go
We are currently pregnant and at 20 weeks. My husbands was about to tell his manager about the pregnancy and paternity leave plans but then started to hear some layoff rumors which now seems inevitable. His project also did’t get extended (totally unexpected) and his team is getting released at the current client. Now he is unsure of if and when he should let his manager know. He does not want it to backfire on him. Suggestions?
Can someone help me understand why companies are doing layoffs right before the holidays? Seems to be the most inhumane time to do it?
Hot take, As consultants, we should not be startled and surprised if we are impacted by layoffs. If we are ready to dish it (with suggestions of delayering at times) then we should be able to take it.
Joined industry and been here for 1 month. We just had 15% layoffs.. should I be worried
Any concerns of layoffs from inside Lockheed on the business side? Potentially making the move to join LM however, losing tenure is not recommended during a recession.
My sister doesn’t want to tell her company that she gave birth because they fired 300 people recently, so she took two weeks off instead. I keep telling her that she should tell them she says she’s too scared
People like these boil my blood. Justifying layoffs is never acceptable! Why can’t C-suite or executive reduce their TC and bear the burden? FFS.
EY All Hands Meeting Review - What are your thoughts on bonuses, hiring, layoffs or split?
Those who have been let go recently - how long did it take for you to receive the severance payment after agreement was signed? Was it direct deposit or cheque ?Accenture
I just found out I was promoted… in October. In November, my project ended and I was told I’d be fired if the client didn’t have another role for me. Am I crazy or is flip-flopping like this kind of ridiculous?
How do I explain to my manager that I have no clue what is going on and overall don’t feel like I’m doing a good job? I have raised to him a few times that I don’t feel comfortable in the job and feel like I’m not performing, but he always brushes away and says I’m doing fine. How do I make him pressure test me to check where I stand in case I fail in the future, without potentially being fired in the process? 4 months post-MBA hire if that matters, with another 2 months left on the case.
GEP is starting layoffs. Not a good environment right now for employees nor clients. Four owners are concerned about making their profits. A lot of good talent leaving GEP Worldwide
Heard PwC doing layoffs. Is that true? Also heard Deals folks being forced to help out audits?
I saw on https://www.thelayoff.com/t/1k466qIa that West Monroe is laying off 7.5% of their staff. Is this true? Best of luck to all affected by this situation. I hate all these layoffs before the holidays…
Got laid off recently, and just got an offer to join another firm. Great, except the comp being offered is less than my last one. It’s making it hard to swallow. I’ve negotiated but they haven’t budged much.
I’ve been talking to another company too, but they won’t be ready to make any hires until January/February, so feeling like I got no choice.
Is up or out really a thing nowadays? Most people I know who not got promoted just left on their own for better opportunities elsewhere, but nobody got fired. Which companies have an up or out mentality?
Seems like PwC is doing layoffs? My SO just told me that people on the bench are starting to get axed. This is at a European office.
For those who got terminated for performance and received severance package, are we entitled to unemployment benefits? EDD states that it will conduct an phone interview to determine that there was no misconduct.
IL unemployment benefits: the state scheduled a call with me to determine my eligibility for benefits. Per the State, Because Accenture tagged me as “discharged” vs “laid-off”, I may not be eligible for benefits.
1) How do I handle the interview? 2) Should I admit that I received a severance package?
Has anyone heard of Big 4 TAS layoffs lately?
What do you do when you receive a verbal confirmation of an offer but then the recruiters you were working with got laid off? Also don’t have the contacts of the other interviewers lol
If you have an offer to switch but with 2023 start, and you are in a toxic work environment, is there anything you can do to minimize risk of being PIP’ed or fired before new start date? Quitting early would probably raise red flags with new firm. Assume $ isn’t a huge prob
I was laid off early in the pandemic, and other than a TINY bit of freelancing have completely missed out on the remote work experience. Starting a new FT position (FINALLY) and wondering what advice y’all might have after almost a year of WFH. What’s changed/what to watch out for/ balancing on/off hours, etc. Thanks to you all 🙏
Got fired. Pour one out
LA, what's good? I know basically every agency out here had layoffs last year, so is anyone looking to hire a mid-level AD?
Today’s headline: 3.9% unemployment.
Meanwhile on fishbowl, 5+ posts about people getting laid off in the last 24 hours.
What’s going on?
Protein farts will be the reason I get fired, my coworkers to kill me, or I explode from holding them in. Protein, why do you betray me?
Please help to choose between 2 offers.
1. EY gds
Which one will be better in terms of WLB, job security and for the long term (considering layoffs in ACN)?
Laid off after Thanksgiving. 54. Not done yet. Plenty to offer. In Detroit but ready and able to move anywhere. AD/CD. Hangin in there. How bout you?
Anyone have experience moving from agency to I’m-house or brand side? I was just let go from Edelman & it was my 2nd lay-off in 2 years and my 3rd agency. I’m worried if I look at another agency (if they’re even hiring) that I’ll get laid off again. I was an SAE. Any advice is welcome!
Seeing all these Deloitte "tellyourstory" posts on LinkedIn and no one is telling their story about the forced pay cuts or unnecessary layoffs.
Sebior associate just got stealth fired from a V10 (i.e., there's no business case to promote you in October out of the associate pool because of COVID). Will likely be given a formal recommendation to look elsewhere in September but it seems clear their mind is made up. Any advice? Is there any value in considering an employment lawyer re severance etc? Not sure whether to apply now for jobs ideally starting early next year or to wait and take some time off completely.
I haven't seen an AdAge or AdWeek news story about the work in over 6 months (sans Superbowl). All industry news is aquesitions or layoffs... Just me?
Is all the talk of layoffs on here a harbinger to the end of the ad agency? Or do people just like complaining? A little from column A, a little from column B?
I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?
We have a big project going on and I am the only point person(initiate it, did lot of work, and knows the deets well), seems like my mgr wants to get a headcount. But I want to use this opportunity to get promoted, how can I get this across? Mgr is new(they fired my old mgr), mgr’s mgr is new too(re-org). So not sure if I should/can make a case, or how.
Am I the only one weirded out by these mass spreadsheets of individuals who have been laid off? Is anyone really looking to these for hiring purposes?
Former CW here. Went the planning route because i already had a corporate background that helped me start off at a higher pay. Recently laid off and trying to find an angle to exploit my creative and strategic expertise. I used to be a good cw -and even won awards- but i really needed the income planning offered. I’ve also done well as a planner. What can I do? I have mentored many creatives and strategists to know that I might be a good ACD, as I seem to have more talent at guiding than doing.
Public accounting is a conservative and structured profession in which the leaders with power lack agility and adaptability to change when it comes to innovation, inclusion, and quick upward mobility.
Has anyone tried Running Meditation?
What is the SHRM and is it even worth it to get?