Unpopular opinion: layoffs are never easy, for the firm or for the person getting laid off. However in case of meta it’s hard to feel sorry for laid of employees with such a generous severance. They’ll probably find another job in few weeks, get a work free full paid holiday season and double dip for few weeks at new job in this very strong labor market!

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Was laid off a couple weeks ago from a tech startup and I am looking to make my way back to Consulting after having left with 3 YOE. Any tips or advice when job searching?

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What would be a sign that you were going to be laid off?

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“I have not been laid off” 😂

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I don't mind working on massive layoffs as long as I'm not physically in the room delivering the news.

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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 got laid off and my Cobra insurance is over 700$/month. That's an insane premium, does anyone have any advice?

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Probably a dumb question but why are there so many mass layoffs these days? The economy does feel that bad - it’s bad but doesn’t feel like the economy is burning down. Am I missing something?

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How is Slalom doing - specifically Salesforce practice? Are/will they be doing layoffs? Have they in the past

In 2021, lost a ton of talented consultants to Meta with many receiving crazy good total comp. With the stock dropping and tech layoffs, do you think some will return to consulting? If they return, do you think they will come asking for the tech-level total comp they may have had as if they are possibly worth more given they worked in tech? Or would they be “back to (present) reality”?

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Is anyone aware if there is any layoff going on in the big 4?

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Well …Bain is currently not very popular in tech crowd for guiding Meta in layoff process...

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What was the thought process on who to layoff at Meta? My observation was that from data engineering and data sciences.. they didn’t lay off the entire team(s).. but, selected individuals only.

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Anyone else concerned of being laid off during this recession? 😓

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As currently there are layoff happening, will this also impact consultants in big4.

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Ford is doing another layoff and it’s for low performers. Do you think they’ll at least get PIP before getting let go?😂

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Layoffs across companies + firms are coming. 🥲

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No guys the meta layoffs are not insane. What was insane was their rapid pace of hiring. Not remotely a hot take

likesmart

I’m 28yo and just spent the last 3 day’s modeling various retirement and career scenarios. I’ve learned that the best possible scenario for me to earn more and pass more wealth to my children is to become a well paid (~150-200k TC) government employee with a pension. My analysis assumes increased job stability of a gov employee vs the increased risk of layoff/up or out consulting path with the unlikely chance at becoming partner. What am I missing… why are we here…

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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?

Where are all the folks who’re gotten laid off in tech going to go? I think it was an open secret that there often wasn’t enough work to go around in many of these companies, and now that they’re tightening their belts, it doesn’t seem like many of them will be able to pivot.

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Would be people say federal IT consulting is a safe space during this pending recession/ with all these tech big tech layoffs?

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I think more companies are going to start layoffs now that major companies have, as a way to blend into the background and not have too much attention focused on them about doing so

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Heard IBs are cutting people this week (not sure if a lot got laid off). Banks like CS, Citi, Barclays and GS a few weeks back. Anyone knows the magnitude of these layoffs? 😥

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All these layoffs in tech and more broadly. A potentially positive opportunity for consulting since teams will be understaffed and organizations will need to navigate a new environment? Obviously budgets are also being cut but with the flexibility of a leaner payroll I’m wondering how this will net out. Not trying to make light of the situation, genuinely curious what people think

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I don’t work in teams with those involved in areas that would be involved in downsizing / layoffs. I’m rather ignorant to it to be honest.

I’m reading about the Meta layoffs that are going to happen. When there are larger layoffs like that at a company, how is it decided by our firms who stays and who goes? Do we look at people’s reviews? Is it the x-amount of people with the highest compensation that go? Been there the longest /shortest?

Would like to learn something new today.

Banks are having layoffs. Is consulting next?

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Around how long on the bench before an entry level consultant would be fired in Big 4?

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Genuinely speaking, how do you overcome a layoff? And what’s the first thing you’d do when someone deliverers that news to you and its unexpected?

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Got laid off week and got hired today. Feeling so relieved. And making 20k more

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If I am in the bench for an extended amount of time and my company decides to let me go… 1. Do you think severance will be provided? 2. Will I be eligible for unemployment benefits?

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Hi, Accepted an offer in one of the big4, I would be joining next month, due to layoff going on in the market will my offer get affected?

Is empathy a wrong quality for a good leader? I see managers and consultants who say “its just business” whenever layoffs are discussed. I know since they feel they are safe, they just don’t care.

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Related Posts

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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O&M Creative: more shuffling still to come? And by shuffling, I mean layoffs too.

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I started a full time in-house design job that pays extremely well. I barely have to work at all. This makes me very confused since I kept hearing stories of people working 60+ hr weeks as designers at ad agencies. I am not complaining, but I have this creeping irrational feeling that I’ll get fired for not working even though there’s nothing for me to do. Should i be making up projects or asking for more work? Or just chill out? I just feel very confused. Are a lot of full time jobs like this?

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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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Have layoffs been finished for the year or are more coming?

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WFH/Layoff/Security
Hi,
CCTC including all benefits is 16.57 with 8.3 YOE, primarily focused on Manual Testing.
Is it worth looking for another opportunity?
I am afraid after seeing layoffs news of EPAM, Publicis Sapient & most of the other companies calling employees in the office.
I love my WFH in PwC India & base location of Kolkata. & the best thing is stability in PwC India, they never lay off!!

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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.

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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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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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Is it safe to join PWC india at this point of time. Are we expecting any layoffs?

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Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

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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?

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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.

Anyone hear talks of layoffs in Advisory? I know my office is laying off Assurance and BTS (Tax) staff but haven't heard much of Advisory yet.

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Laid off, 10 years exp, tired of acct management. Feel so lost. Don't want to go back to agency side. What should I do? I feel like 💩

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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.

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Have an offer to start at Deloitte in July in Org Transformation consulting. If it doesn’t get pushed out because of the virus, is it a good time to switch firms in July? Concerned that layoffs may be imminent if I am so new to the firm. I will be coming in at the Consultant level if that matters.

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How do you talk to your boss when your job has evolved to something very different from what you were hired to do and you’re not happy without getting fired or phased out?

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How long can you go without having anything to do before you get laid off?

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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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Additional Posts

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Hi fishes,

I am trying to switch to new company as mule developer. I have 3.5 exp with relevant 2.5 exp. Could you please suggest can I go ahead and try ? Is there calls for mule developers? How much I can expect salary? Currently I have 10.5 lpa at Infosys. Plz help me on how to prepare for interview?

Such little activity in this bowl. Is anyone aware of a more engaging SAP bowl to join?

likefunny

it’s disgusting to see in this city how people pay more attention to the dogs homeless people have than the people themselves - it’s dehumanizing and makes me sick when people give a strained smile to the homeless person while patting their pup like come on

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KPMG global services is actively hiring for below role, DM me if the skill set matches and you are looking out for a change Deloitte EY KPMG PwC

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Immigration lawyers had sent me a questionnaire to fill out for Manager PERM. They now just came back saying that they need to assess me for a different position. Anyone else experience this? I wonder if this means they’ll now just file a Senior Perm instead? Asked them but they’re not very responsive.

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Does Optum United health group UnitedHealth Group provides sponsorship for taking executive management courses?

Moving to Charlotte in the fall and will be in Charlotte in a couple of weeks to look at apartments. Any recommendations for buildings in the South End or NODA? Looking for a large (1,300+ sqft) two or three bedroom apartment.

Kindly recommend some self help books!

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Over near the pool tables in the basement (door next to main floor bar)

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SEEKING OPINIONS & FEEDBACK: I love the honest & practical discussions here, where people can freely identify things that are going on & seek guidance.

Wondering whether anybody’d be interested in some kind of more purposeful community- i.e., gathering w/fellow lawyers to pursue some specific mental health & well-being goals? We’d provide some counseling/coaching type content, in bite sized chunks, but have regular discussions to connect & encourage one another on applying the content IRL.

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Hello friends, need referral for EPAM Anywhere with 7+ yoe. Please anyone revert, so that we can talk further. Thanks in advance.

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I miss the times (circa 2006 - 2010)where it was quite normal to go out and meet girls and have them take you back home for the night. Such a great time to be alive. Now, everyone is so caught up with that digital app dating life and no one goes out anymore to meet people. So sad.

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Hows the work and work/life balance at full-service agencies vs a media agency. I'm a media planner coming from a full-service agency and I'm wondering if it will be a step backward going to a media focused agency.

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Anybody interested in these billion dollar cuts to HUD? How will that effect the audit industry for LIH?

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Hi,
If I get referred at
IBM, get a mail for details from the HR but do not reply as I currently don't want to switch because of some reasons, can I get referred again after say 3 months?
Asking cuz the profile blocks for an year after applying/getting referred at Accenture.
Please help with the answer.
IBM

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Should people be fired for lack of people skills?

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Anyone studying for EA or completed EA recently? If so, which materials are the best ?

Got an interview for an application security role with Facebook next Monday, what are the best sources to cram for python data structures and leet code questions ?

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