Any fish with experience moving to an internal, non-consulting role with their firm and have an opinion on making the move now? Would be promotion (which I am unlikely to get in my area of the org due to freezes) but very aware of the old adage “if it’s not billable, it’s killable.” No layoffs yet and no pressure for me to move out of consulting, but this may be an option to level up and maybe have a better exit in 18 months. Thoughts?

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With all that's happened with layoffs, anyone else here worried about not being able to pay student loans? I feel screwed and hesitate to bring this up with my manager (not the easiest to talk to 😅). Layoffs haven't happened yet at the K, but I'm sure they're around the corner.

likesmart

Thoughts on Gartner? Specifically their marketing areas under strategy/ops. I saw some comments around layoffs/halting 401k matching from a few weeks back but curious about that department

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What steps do you all take to prepare for layoffs (outside of an updated resume)? I’m not really expecting layoffs within my practice (fin services), but want to be prepared so that if it does happen I’m not spending months looking for a job.

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I am depressed.. No one to talk to. Fantasizing about death. No i am not going to do it. But the thought of it is pleasing. Anyone wanna talk or just ask me shit? Shitty upbringing, got fired from D, on visa.

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I have a strong feeling that I could be included in an upcoming round of layoffs. I feel a constant stress, anxiety, and an inability to enjoy time with family. Has anyone else been feeling this? How do you cope and stay positive?

likefunny

My spouse lives in the US due to work and I’m in Canada. I’m rolling off a project now and don’t have another one lined up. Should I let my company know if I’m travelling and working remotely from there after this project? Does this look bad on me? I’m scared due to all the layoffs happening....

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Did Cognizant also start layoffs?
Asking as one of my friend was laid off today.

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If you’re laid off for being a poor performer (nothing egregious, just poorer than average scores) will that typically come up in a routine background check for a new employer?

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Recently laid off, but my severance letter basically excludes me from working at any KPMG client indefinitely. If I don’t sign can anyone confirm the following.
I won’t get severance pay and I can start claiming unemployment (NY) immediately.

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Considering switching companies in the coming months, could anyone give me their perspective if it’s risky given the larger environment? I’m considered about project pipeline, networking virtually, and eventually layoffs if the macro environment continues to get worse. Thoughts? Advice?

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Does anyone else feel like they’re consistently having to prove themselves every day? I don’t mean usual “trying to go above and beyond at work” I mean the nagging feeling that you might get fired if you don’t accomplish every email task or chat request that may or may not be directed to you.

Constantly anxious at this job.

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Anyone else feel like there is a culture of fear in their firm? There are so many problems but I’m worried that I’ll get laid off if I tell leadership about them and/or speak up. I only feel empowered to speak up in anonymous settings and even then I’m still paranoid about being exposed and my firm doesn’t take anonymous comments seriously.

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Anyone else super stressed with everything? Between work demands, helping take care of our 9 month old, and spouse yelling about things, not to mention what’s going on in the outside world, potential layoffs, finding it hard to stay focused/sane. Any advice or just doomed?

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If you are happy with your job, but need to make sure you can feed your family at the end of the quarter when more layoffs are expected, do you stay or do you go?

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Was laid off in April and just got an offer for 25% more than i was making but for a role that I am not too excited about. Times are tough and i do need to get income. How bad is it to accept but continue with the rounds of interviews I started for roles I am more excited about?

upliftingsmarthelpful

I was recently laid off. On job application, what do you suggest that I put for “Reason for Leaving”? I am afraid putting laid off may come across as bad. Please advise. Thanks!

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Firm laid off a good amount of people today. Would you bring up the topic that you’re open to a pay reduction (say 20% while not on a client full time) is a good move prior to them mentioning anything about your role or would you wait..?

Also, assuming you like the firm/job, see yourself there for the next 2-4 years, and 20% would suck, but not too big of hit if had to last through 2020 only.

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My neighbor got laid off recently from his accounting/oversight job at a small transportation company. Trying to help him out and he is willing to work at hourly wage, Retail etc. to make ends meet for now. Anyone knows someone who might be hiring in NJ/NY area?

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So, given the banks provisions for bad loans in Q2 a “V” shape recovery is looking unlikely. I can’t see how firms who have avoided layoffs so far can continue to avoid them moving forward. Hope I’m wrong. (I’m wrong a lot).

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When interviewing for a job, is it in my benefit to say I was laid off because of COVID or should I pretend as if I’m still employed?

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When should you notify work that you and your wife are expecting a baby? Any safety precautions to be taken to avoid layoffs due to Covid and benchtime because of paternity leave?

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People who were laid off: what are you doing for health insurance once your severance benefits run out (and you cannot get on your SO's health insurance plan)?

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Has anyone heard of layoffs happening yet? Not trying to stir the pot, just genuinely want to know

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I have an exit opp with a 30% increase. I should be grateful, especially to have a life raft when more layoffs are likely incoming, but all I feel is grief. Grief at leaving consulting, at having to move geographies. I don’t want to accept an offer when this is how I feel, even if the offer seems to make logical sense. How do I know what to do?

likeuplifting
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I am a strong performer, v good utilization and long term project. I haven’t been networking outside my firm. I don’t plan to leave my firm. Nor expecting to get laid off anytime in next one year. But I want to be prepared. So do you recommend applying jobs and checking where I stand? How to be market ready? How to network with folks in industry? Or any other tips! TIA

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How are people "networking" now that we are wfh? I mean, you are barely even aware if people still work in the same company. Previously, you at least saw them every now and then at the office but now... They could have fired half the company and I wouldn't know

likehelpfulfunny

Is booze allen Hamilton (bah) having any layoffs. Friend joined Bah last year Nov and was on prj till March.been on bench since then and now scared that layoff can happen anytime. Since they are new to bah don't have much network and don't know if others are let go. Any insight will be useful

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I feel totally underpaid but I am also conscious of impending layoffs. Anyone else feeling me?

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Anyone have a sense of why Deloitte got hit so hard by layoffs? I’ve heard four potential reasons:
1. Client mix / type of work
2. Leverage
3. Over hired in anticipation of growth
4. Partners didn’t want to take a haircut

Just curious! From an external perspective, seems like they cut way more than the other firms.

likehelpful
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No layoffs at EY? Is it true, ey is “EY Nice” that they won’t event reduce ti lowest performs?

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Received a new LinkedIn message notification from a recruiter. Thought she had a new job opportunity to share, but when I opened the message, learnt she was laid off and looking for a job 🤦‍♂️ Times be really rough yo

likefunnyhelpful
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Can you still succeed in your career after getting laid off?

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About rolling off my project with no new project opportunity yet. I’m already getting anxious and can’t have a full night rest with the worry of not finding a project soon and eventually getting laid off. Although I tend to stress-out easily but this type of anxiety is different. Are others feeling the same way? Also over 90% chargeability and great reviews, but seems like that may not matter with the recent layoff stories I’ve read....

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Is it tone deaf to push for a raise / promotion at mid-year when the firm has been struggling financially, but avoiding layoffs / pay cuts?

funny

Have been on bench since 1.5 months. Really nervous with what’s happening around with Covid-19 but also frustrated as I keep reaching out to people with no response. I had a good past performance year (FY20) Rating was above average, should I be worried with respect to layoffs?

like

I was laid off a little over a month ago, I’m sure just like many others. Not having luck finding any new opportunities, anyone know of firms hiring right now within the healthcare/healthcare revenue cycle space?

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Curious if any MBB folks can shed light on current hiring environment. Undergrad campus hire at Deloitte S&O recently laid off in the COVID cost cutting wave after 2 years. Disappointed, but grateful for some freedom to explore here! Primarily looking at industry/corp strat jobs since consulting in general has been hit so hard, but considering applying to Big 3. Have heard from a few MBB friends that new hires with offers aren’t starting till end of year. Any chance of a lateral move right now?

likesmart

Related Posts

So are the layoffs at Deloitte over ?

Layoffs at Omnicom shops today?

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Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

like

Dad got laid off. Drinking got worse. Attempted assault on sis and mom. Had to put up in hotel. No clue on next steps (legal and personal). Project is complete shit show and SM is not getting it. Idk man...

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Anyone know Deloitte core business group in Deloitte consulting LLP?

Salary range, business outlook of this group amid layoffs and green card initiation timeline?

Post Photo

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?

like

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?

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Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

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?

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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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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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It’s so nice that every agency laying off people, have those left standing (and other agencies) trying to hustle jobs for their unemployed friends, but there are also a ton of people who were unemployed prior to Covid...so no severance, job hunting lot longer, and not earning income for longer time...hurting even MORE due to quarantine.

likesmarthelpful

Is anyone expecting agency layoffs at the moment?

like

How do you handle people’s kids showing up on video meetings? Screaming, kicking, hamming it up, (wasting time.) Everyone else is coo-ing…I’m not a kids person. Heard a technique which is to drop off the call bc you “assume the call is over” (which seems like a great way to get fired especially if it’s a way higher up’s kids - plus it feels rather passive aggressive.) Thoughts?

like

After you are stealth laid off, other than job search, what do you do? I assume they won’t give you work and even if they do, you can politely decline? How do you feel about you are not progressing anymore and seeing other people progressing in their career? I have no intention to make partner, but still feel a bit stuck not doing that much.

like

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.

like

I think I’m potentially about to be fired this week in retaliation from my boss...what should I do?

like

Anyone else feel like as you move up, you have to work even harder to justify your value to your company as you grow “out of the weeds”? Especially with the fear of layoffs looming over everyone’s heads.

likehelpful

Laid off in August. Just wrapped a 4 round intrvw w a big name agency... but another candidate got the offer. ISO of agencies hiring. I’m happy to share a portfolio and conversation with all in NYC.

like

Additional Posts

As an analyst, can I expect to see a salary raise in a couple of weeks? Or an AIP? And if so how much of each?

Hi, I have 2 offers below,

1. 50lakhs per year in Bangalore
2. €105k in Netherlands

Considering the economic crisis due to war, inflation etc. I am confused on which one to select. Please guide me.

likehelpful

Been through all interviews, recruiter said it's looking good but they would let me know early this week and asked if that works from a timing perspective since they know I was interviewing with someone else also. I said yeah that's fine. Would it be weird to follow up today or should I wait to hear from them? Want this one over the other but don't want to seem desperate..

like

I'm looking to get in to pharma sales and have a sales background but in medical device. Has anyone made this switch? Would you be willing to offer any advice?

like

What do you guys think about this milanese strap? Waiting for a rubber strap to come in and putting this on in the meantime. I’m having a hard time deciding if this is dressier or not vs the original. (more pics in thread.)

Post Photo
like

How much prof liability coverage should a solo plaintiffs attorney carry.

like

We have been utilizing a third party asset manager. We have grown to the point where we just don’t think it makes financial sense to continue to do that and need to bring the portfolio management in-house. Have a few questions for the group:
How many models do you run?
How much time do you devote to this weekly?
What advice would you give to someone who has had total reliance on TAMPs but making a complete change to investment management style?

likehelpful

What is the courtesy of withdrawing an offer you already accepted?

like

Partners be like

Post Photo
likefunny

Don’t forget it’s almost time to start quarters.

Post Photo
likefunny

all - qq I’m currently on an LoA, stuck in India due to personal reasons (on F1 OPT) right now. I have a lot of interest in teaching kids online (coding and such), could I do non contractual job teaching coding online while in India with an indian firm?

like

Hi guy please help i got laptop from publicis which is very old. Can i ask them to change it?

like

I joined pwc india recently with IFS, but wanted to join PwC IAC IFS.

Can. Someone plz refer me. I don't want to waste my time initial phase of career. Please help me out.

Thanks in advance.

like

LA moms to be: Any physical stores specifically in LA or SoCal that I could see items up-close and personal? Big box stores or boutiques are both welcomed. 🌴 (I already got BuyBuy, Target, etc)

like

Anybody joined wipro recently??
I have my onboarding this Monday on 1st August. How much time did it take for you to get the laptop??

And what type of joining kit you got ??

like

How is job security in BNY Mellon | Pershing Technology department?
It's very scary to here abot lot's of layoffs in other companies these days.
......
#Layoffs #firing #Job #Termination

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Layoffs at Omnicom shops today?

like
like

Has anyone else told their religious parents that they were moving in with an SO before marriage? I did, it didn’t go super well- they disapprove of it (cont)

like
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