Consulting Discussions
Layoffs

Is it ethical to layoff a consultant by using the counsel to leave mechanism over the standard redundancy process? Theres less notice period and no compensation for such a case. Furthermore the consultant was previously good standing or at least average. Do we have any legislation to protect us against such actions?

🐠 - Have you ever gotten fired (not laid off)? If so, why? Where are you now?

Is there a list of which consulting companies have/have not instituted layoffs, furloughs, pay freezes, etc.? Keep hearing it’s happening everywhere, curious specifically if some firms are actually going ahead with merit increases / VC.

Deloitte guys - Serious question.
How is Analytics & Cognitive doing at D? I have an offer and I am not sure if there will be layoffs again. I am on work visa so will be difficult.
Role will be for Google Cloud & Analytics. Current job doesn't suck much though.

How long did it take for you to find an exit? 1YOE and my company (boutique) is struggling, so I’m looking to leave ASAP, and getting worried I won’t find something before our next round of layoffs

i‘m just so anxious and have no motivation for work. Want to take PTO.But not sure our company will have second round of lay-off .So I’m a little bit worried whether to use PTO. Keep hearing bad news about layoffs. Don’t know how to adjust myself

How long do firms typically let people stay on payroll after notifying them of being laid off?

Any consulting firms hiring at the analyst level right now? Profile is a business technology analyst, semi target school, < 1 year of experience. Experience primarily with technology transformations, excited about the work and want to stay in the tech consulting space. Unfortunately impacted by COVID related layoffs.....

How is ZS doing in this market? Evaluating an offer and wanted to know how they are doing financially? If they have layoffs? Do they have a healthy project pipeline?

Can those of you who were working during the 2009 financial crisis or earlier recessions share your experiences?

Especially around the uncertainty, layoffs, career/income impacts, etc.

Should I take a 15% pay cut and leave Accenture for industry? Or wait it out to find a better paying opportunity? Worried about chargeability and layoffs, hate the process of getting staffed. Wondering if it's worth it though for such a big drop.

Previously in consulting, was just laid off from the late stage VC fund I was working at. Any ideas of what to do next?

How is everyone dealing with the stress of unemployment looming around the corner? Constantly afraid of layoffs happening in the industry and starting to lose sleep over it.

I was laid off in June. Most consulting companies are on a hiring freeze that I’ve talked to. It’s pretty hard on my psyche to not get down on myself. I worked so hard to get to Deloitte and now it feels like I’m starting over. It’s tough. Any advice on companies that are hiring? I only want to go if it is a fit not just anywhere you know. Thanks.

Considering an industry offer after getting laid off. Have those who made this move missed consulting?

Ryan had his partner call last week. If things don't change in six months, layoffs will begin. It would be much better to ask people to take a pay cut, or a few weeks off without pay. Some people may be willing to take a package as well. Don't expect it will be the sweet package you are offering to partners to retire early.

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)?

I had a Big4 joke for you but the people who are really good at telling it are being laid off due to “performance” reasons. 🤭

Joined a new company in industry after being laid off from my last job after being there for only 5 months. My new gig is rough, no support network, my boss is not a very nice guy and I dread this new job every day (2 months in). Things aren’t going to be getting better and I’ve almost thrown my mouse at my wall out of frustration with the job/boss.

Is it too early to leave? Bad idea just go get up and quit? Planning on moving back home with my parents so I wouldn’t have to dip into savings

How to negotiate being brought on at a higher level?

Was laid off and recently received an offer from a comparable consulting firm, but they want to bring me in at a level lower than what I was at before. How should I go about negotiating to be brought on at the same level I was at (two years of experience at level, would have gone up next performance year)?

Any recently laid off cyber architects in the Chicago area? I’ve got a job opportunity at a local healthcare provider. DM me.

Serious Q: i keep hearing that the pipeline hasn’t materially changed and that there is a ~5% difference right now. We also laid off people. Partners are taking a pay cut. What are the economics of not giving anyone a raise? Is it basically as a hedge against future earnings?

How do you take each day as it comes? I don’t have a personal life, no hobbies, or family I’m close to. My life revolves around work. These days I’ve been feeling very anxious, and almost panicky before every meeting. The fear of being laid off (if not this cycle, then one of the upcoming ones) is always looming large. I know I can perform a lot better if I feel like I have nothing to lose. I can’t seem to get there though.

What happens if you decline a call center gigs at Accenture? Immediately fired? Or what

Can someone explain to me why LinkedIn had massive layoffs? It seems counterintuitive that during these times they’d need less employees.

Would you take a job at a company where the workforce is ranked and the bottom 10% is fired via PIP every year? I can see 2-3% but 10% seems high and demoralizing.

Does the severance for LinkedIn employees include a month of premium at least?

Is Accenture still laying people off? Or has it already communicated all layoffs for the year?

Is Deloitte done with layoffs? Is there an expectation for another round of layoffs later towards year end?

Looking for insight on if making a career change into consulting is a good or bad idea with everything going on right now. Concerns involve: building and maintaining a strong network virtually, getting staffed on good projects without a previous track record, not learning as much as I would in-person with clients and experienced team members, and potentially getting laid off given limited senior leader exposure to “shield” me.

Does McK actually get the “most impactful” projects compared to BB? Is it really “no one has ever been fired for hiring McK”?

Been on the bench 2 weeks and nervous about getting laid off but also 10x happier with my life now that I’m not stressed out 60 hours a week. Is it bad that not working makes me happy...

How do our firms view consultants and managers getting pregnant or just having young children in general? Is it a death sentence for future staffing opportunities? Conversely, would it mitigate the risk of layoff due to covid considering the optics / laws around woman’s pregnancy rights in the workplace? Honestly just curious.