With all these talks about layoffs, do you guys have any advice for when that time comes (negotiations around benefits, pay, prolonging it, etc.)? -Hasn't happened to me but I'm curious

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Seems quite a few of us have been laid off in the past couple weeks - I vote we take a breather, pool our points and miles, and travel the world (on our own terms) together ✈️

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Guys, I work in products. Can someone ELI5 what's going on with all these FS layoffs?

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An MD gave me a little more info around the layoffs. 200+ across levels (associate to partner) within FS. Mostly banking.

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Anyone have any details on PWC's FS consulting layoffs? Locations, numbers, etc.

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First year associate here - really freaked out by FS layoffs and think I might be next. How am I supposed to find another job after 6 months?

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Is traveling every week for work a valid reason to get out of jury duty? Reasoning being it would cause me to lose hours, hours are part of rating, bad rating can lead to being fired

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Pretty sure if Fishbowl ever added the ability to post pics, 90% of us would be fired.

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PwC FS - do you guys know how they're determining layoffs? People who are in projects are getting the boot which is scary. Apparently there will be more rounds and this week was just the beginning.

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Seems like a trend here. Lots of peeps on the bench + layoffs at a bunch of firms = recession is coming

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Lots of farewell emails this week at PwC. People getting laid off? Has anyone heard anything about it?

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Anyone ever encountered someone being fired while billable for another few months at least? I thought it was so odd the firm wouldn't wait and put client through that

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Anyone else hear about layoffs coming for S& people with low bill-ability? Heard this from a PwCer...any specific industry or region targets?

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If I stopped working/responding as much as my computer does, I'd be fired

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I have a meeting with my manager and the title of the invite is "Career discussion". Today, I tried asking if it was my feedback review. He just said "it's a much higher level discussion". Me fired?

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Entering my 15th week unstaffed for the year. Does Deloitte do layoffs for low utilization? Mine is around 60%

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Anyone heard about layoffs??? 👀

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If you got fired, would you care?

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Anybody filed for unemployment with reason- terminated for performance. What was the procedure like? Do they interview you? I could have easily provided reason as laid off, but, didn’t want to give false info as the reason in my termination was performance, according to my termination letter. Questions that could be asked are: why were you terminated, were you given warning, when were you given warning , how long have you been performing this job, have you don’t this kind of job before.

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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.

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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?

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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.

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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.

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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 :/

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What consulting firms are having layoffs?

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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

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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

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Stealth layoffs are in progress at some consulting firms, is you’re one of them?

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How many people did s& fire during the recent layoffs?

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If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?

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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 :(

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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.

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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 🙏🏽.

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Has anyone been fired/had to fire someone in consulting and what were the reasons?

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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

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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?

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Can someone help me understand why companies are doing layoffs right before the holidays? Seems to be the most inhumane time to do it?

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Related Posts

Constantly worried I’m going to get fired because I don’t know where I stand at my mid sized law firm (second year associate).

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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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Is it true that EY is mulling over layoffs as client projects are reducing..?

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PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

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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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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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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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Horrible anxiety about considering a new job....
I was one of the big firm stealth layoffs in covid and joined a boutique firm in Sept. They came sort of close to matching my salary but I moved to SoCal and have an opportunity to jump back in to big law and get $100k raise. The people at the small firm are so nice, but hours are nuts and if I’m going to work this much, I might as well get paid more, right? Is it too soon? How do you tell them when the managing partner took you under his wing?

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Anyone hiring a UX Designer in Atlanta? I know someone who got laid off

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I was fired after I reported a partner for a serious (criminal) ethics violation. The firm covered it up. Are all companies like this in the end? I’ve lost my trust and don’t know how to start over.

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How did your agency handle layoffs? All-agency meeting before they started? After they ended? Both?

Kinda sorta trying to predict if I’m losing my job tomorrow.

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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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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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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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If you got fired today would you have a Bach up plan? What would it be?

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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.

A little over a year ago, I posted about my boss making constant comments about my salary. Most comments said I must not have been performing well. I want to update that he was fired, not me.

likeupliftingfunny

So I was laid off. Is it okay to talk about it at my next job interview? Feels like everyone knows anyway.

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I'm thinking I won't be getting promoted if not laid off at the end Q2 or sooner. What are some good exit ops for an associate with 2 yoe in tech consulting? Exp in Cloud, PMO, IT Risk, and SoD.

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My account partner is doing a terrible job and will be getting fired—timeline TBD. Given we are living in a pandemic, I want to give them a heads up to start job hunting. How inappropriate is that? How could I do it?

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Additional Posts

Anyone else unemployed and trying to stay mentally sharp during *gestures broadly to everything*? Thinking about taking an online class or something. Suggestions?

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What are your thoughts on joining a startup that pushes for no structure in their company? Supposedly they thrive from what he told me but I’m not convinced. Is this really a thing?

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Has market correction happened for L7s? What is the avg fixed component for L7 and L8 after market correction.

Talking about D&S and C&I

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Does TCS blacklists if accepted offer and not joined?

Can someone refer my profile

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Hello Fishes..

I am a UI designer, looking for opportunities.
YOE- 4+yrs
Location - Hyderabad

Any help is appreciated.

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Why are some people willing to do anything / obsessed about getting the green card in the U.S.?

When I asked them, they usually say they like American lifestyle. I love lifestyle in France, but I was in France, I was OK if I can't stay. Just trying to understand here so that I can have more empathy.

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I work as a Business Development Manager at a sports club.. I’ve been given a couple of months “trial” in the 6 figure and above sales in which I don’t see going back to my other role on lower sales. This was a somewhat good move for me until I consider missing out on commission each month that was more than my salary. (£25k salary, over £2k per month commission)
How do I go about raising this concern? I believe I should be paid more now and at least change my job title?

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After LWD , In how many days FIS will do my FNF settlement and will provide Relieving letter ??

I have returned my Joining Bonus with gst already before LWD as they requested.

Kindly tell whoever has left.

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Hello everyone! I got a screening phone call with HR for a staff accountant role. Any ideas on any questions I can ask that an HR person would know? Thanks!

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Openings at VMware interested please DM

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EY risk management advisory senior 3 base salary?

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What is it like working at redant labs..I don't know much about this company...does anyone know if it is okay to accept an offer from redant labs.
Also I have an offer from Wipro.. should I join wipro or redant labs..both same salary

MITREs Glassdoor rating is like a ski slope.

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Currently have a secret clearance and looking for new job opp. Any leads?

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Does ZS Associates provide cab service to Okhla, New Delhi area ?
What cou5be the average travel time if one reside there?

Thanks.

When is your office re opening… A few details

ZS: January with an option to resume from April
EY: No communication but will require to travel to client location if permitted
DB: No communication yet but will follow hybrid model of 3days WFH
NT, CS: No communication yet
Barclays: Few staff have been asked to come to office as a pilot project into hybrid model.

What are your preferences?

Should I use an offer from a middle market IB to secure a transfer to FDD?

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Need advice on a specific question!
Interviewed with Chicago court 2 weeks ago; they decide mid-August. Interviewed with DC judge last week; hear from him by this Friday. Chicago said if I need an answer before August, they'd try to make a decision about me sooner.
Should I ask Chicago for an answer? Or should I wait until there's an offer from DC judge? Maybe seems better to withdraw before an offer is made rather than ask for time to think about it/turn down DC? What's proper etiquette?

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