Friends of mine are starting get laid off at investment banks...hope it’s not going to come crashing to us next

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Anyone at Deloitte get laid off yet?

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Fellow Deloitte comrads! If you are impacted by the recent layoffs and looking for a new role in tech, there's a referral thread going on. I hope we can all make thru these crazy times (Cont.)

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I was fired from Accenture about 6 months ago (at analyst level) and am having a difficult time finding a new job. Wondering if anyone has any advice/guidance they can offer? Super depressed about it

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Are investment banking analysts getting laid off?

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Anyone else on a “high priority” project with great visibility but feel zero gratification because my senior is a slide maniac? We spend so much time putting things in slides that are too detailed for the client to do anything with.... I feel like the practice in my firm just makes people spend hours on decks because it’s “a thing” and they did it so I have to. I’m ready to quit and wish I’d get laid off. That sounds terrible but I have skills that are more useful elsewhere. Send the hate.

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How do so many in industry get away with doing so little while not getting fired? Genuine question as I’m worried about being fired due to utilization @D and I just can’t comprehend how there’s so many industry people coasting without worry

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Are layoffs happening at Deloitte ?

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Covid - Layoffs - Riots - Next?

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I have $20k in savings, I owe $6,000 to my 401k loan, that’s the only loan I got. I am debt free otherwise except for my house. Should I use my savings to pay off? Since people are talking about unemployment and being fired, I wanted to make sure I have enough, 👩🏾‍💻... What should I do? I initially took the loan to add to my home equity when I sell my house for a new house then covid hit.

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Is Facebook aggressive with layoffs like Consulting is with their move up or out approach?

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Is Deloitte still getting comp adjustments and bonuses with the layoffs happening?

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If I get laid off, I have a previous colleague that started a cybersecurity company. I would love to get involved on the business side of it. Any pointers on skills that are attractive in this realm for a startup? Would be mostly (if not all) federal defense contracting clients. I’m currently in Deloitte’s cyber risk practice but my background and passion is in accounting and finance, and business operations. Graduated in 2017 so still early career.

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How are staff selected for layoffs?

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Is it better to find a new opportunity in the midsts of layoffs so in all your future interviews you’ll be able to say you left voluntarily? Or just ride it out?

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Joining EY soon. Should I be worried about layoffs happening supposedly in June/July?

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Anyone at Deloitte planning to ask to be laid off? Is this a thing? I’d rather severance right now than actually working, and I still haven’t told anyone I’m headed to B school

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Who in the consulting industry has announced layoffs yet?

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D going through layoffs?

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If I were to be laid off, I'd stand to receive ~2400 / month for 26wks in unemployment if you don't include the CARES ACT increase. Really my only fixed expense is rent at 1350 + utilities. Immoral

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What is the separation package Deloitte consultants got for layoffs?

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What’s the scoop on layoffs at D?

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What's the strategy behind giving people less than a week's notice that they will potentially be laid off? How does that help?

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How should I factor into my budget the cost of health insurance? Trying to figure out a budget in case I’m laid off.

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Do you guys think cyber is somewhat relatively safer from more layoffs given there revenues vs other advisory groups?

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Is Accenture facing any upcoming layoffs?

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All this talk about layoffs. I thought it would be funny to imagine the person making the layoff calls/meetings to find themselves laid off

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Layoffs at IBM?

likesmart
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if i get laid off am i fucked for grad school?

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Know this may be a long shot in terms of actual responses but:
@PPMDs, what are your thoughts on the current/impending COVID specific layoffs at your firm?

E.G. Glad for the opportunity to reduce the headcount of mid performing SMs with little/no chance of making PPMD? Sad to see a firm you’re a part of undergo such unforeseen circumstances?

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I was laid off last month and have not been getting any interviews. Would like to know if anyone is hiring at the moment in Consulting? I have been working in software consulting for 5 years.

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Been on bench 2 months worrying about util and being laid off, only to be put on a project thats been delayed 2 weeks so far. I've finally hit the stage where I'm thinking Que Sera, Sera. Anyone else?

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Nobody has emailed me since last Thursday. Am I fired but just don’t know it? Escalation email asking for work to do to SM and Partner haven’t been responded to, nobody should be on PTO as far as the calendar says

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How long and difficult do you think it will be to find a new job if you are laid off in the next couple of months or so?

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Heard EY is planning to lay off employees in June. Is this something that other firms would also follow and just tag as performance based layoffs.

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Got fired today. I don’t know how I’m gonna survive this crisis.

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Related Posts

Heard bumblings over HH today of a second round of Deloitte Tax Chicago layoffs after busy season. Thoughts?

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Deloitte FL/PR is turning into a joke.. if firm morale wasn't already suffering from layoffs, they increase minimum hours through December while half the offices are unassigned. Abandon ship.

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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.

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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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Should people be fired for lack of people skills?

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So are the layoffs at Deloitte over ?

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

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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.

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TBWA NY layoffs today.

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I know agencies across the board did some layoffs right before the holidays, but when do we think hiring will pick up again? Getting to a point where I feel like I need to start thinking about a change.

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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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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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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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Do you think independent agencies will be in better shape to handle COVID-related client budget reductions and/or losses?

Or does it not matter and layoffs are equal across the board?

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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.

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Additional Posts

Hello Sharks,
Will global logic provide food and cab?

Are your firms allowing you to internationally telecommute, which is the HR term for working from Israel?

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Hi I had an offer from CGE for Associate Consultant B1, I negotiated the CTC with the HR on it and the new offer is for Associate II/A5 can anyone explain the meaning of these positions?

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What is the percentage of hike you get on getting promoted from senior consultant to principal consultant in pwc india. Will they do a market correction of your salary is low.

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For Plaintiff's attorneys, how big is your caseload? What kind of cases are the majority of them and are they in suit? I am currently handling 150+ mostly MVAs and premise liability cases, just about all in suit, (on top of about 10 DUIs and other small traffic matters) and I feel like I'm drowning and looking to jump ship. What is normal/to be expected? In NYC area if that matters

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I’ve recently realIzed that for ten years I’ve equated so much of my self worth with the fact that I have a six pack and I’m think and have veins in my arms. It’s led to a super unhealthy relationship with exercise and food. Please help 😅

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Moving to San Antonio from Austin. Will be In Office 3 days a week near Sea World. Married with a 1 year old and active dog. We love good food and being active... Where should we live? Any other suggestions. As a reference we lived in the 04/Soco area for 6 years.

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What does this mean DTCC ? I have applied previously and it was the same later it was no longer under consideration.

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All these announcers do is talk about how Aaron Rodgers is God… it’s worse than Brady.

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Is 100K too much to ask for a starting business manager?

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If there is anything science taught you it is-

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Buying a house for ~900K in one of the Boston suburbs - my household income is ~230K. Am I stretching too far?

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I have 1 yrs 8 months of experience. And Infosys wants two years of experience. Will my offer Lett be rejected. Infosys

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How does private equity deal volume fare in a recession?

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Taiwanese style clams with basil! Sometimes you just wake up missing your parents cooking 😩

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Phone and Internet bills reimbursement claim in Grey HR. With this claim are we getting Income tax exemption or reimbursement of cost. Can someone clarify it.

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What would be my inhand for this below structure and which tax slab should i choose?i have around 90k investment for 80c.
For Additional 1.75 lakh one time bouns, is it going to be considered for calculating tax?

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I received my fnf from Accenture today. I don't know why 18k as 'other perquisite' is mentioned in income tax computation sheet?

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