Joined Blind over a month ago, and what an eye opener it has been. Tech salaries are insane. Even with the recent tech pull back and layoffs, some of the comps are on a whole another level. Friends in tech say, most layoffs have involved non-engineers (sales,HR, Ops,mrktng etc). Dudes in their late 20s pulling in 350k+. Unreal.

And then I look at my TC/bonus and a sense of disappointment washes over me. Short of becoming a partner, I don't think I can pull these numbers that tech bros post up.

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Has anyone announced layoffs?

funnyhelpful
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Is Bain’s business outlook good right now? Do you think there will be layoffs soon due to the market / economy?

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Which firms are planning layoffs? Been hearing rumblings of publicly traded consulting firms starting efforts

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Considering an offer with Oliver Wyman as an associate (outside of FS). Have a few questions:
1. How's WLB?
2. How much are you traveling these days? Is it expected to pick up in the coming months?
3. With the potential economic downturn, has OW typically had big layoffs?
4. What kind of exit opportunities are typical if folks choose not to stay past the EM stage?

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How long do you think until Doordash starts having layoffs?

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They announced layoffs today…rip

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How are you all preparing for these “potential” upcoming layoffs? I’ve mostly been praying

likeuplifting

Fed said they will force a recession to get down to 2% inflation, driving up unemployment, housing reset, everything. Layoffs are def coming. Just not sure who though. I know I’m no rockstar….

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I have anxiety and depression. It is listed as a medical disability. Just wondering if I identify as an employee with a disability, would it reduce my chances of being laid off?

And likewise if I apply to a new job, will they be more likely to select me all else equal?

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I was let go today after several years of service. Really disappointing to get let go but what really hurt was that my insurance was terminated today as well. This firm makes enough money to at least extend its terminated employees insurance for a month or 2. Not to mention the severance was quite low. Hope you all have better luck than I!

likehelpful

Can I get fired for taking my approved vacation?
Context: my vacation was approved to start the week after this project ended. I have booked planes, trains, hotels, and activities roughly totaling 5k. My partner has also taken off work to vacation with me.
The client has pushed the project back one week so now the final week is during my vacation. The partner is now requesting that I cancel my vacation and delay it to the next week.. what would you say? Can I be fired if I take the vacation?

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Has anyone been laid off (in industry) while on maternity leave/short term disability?

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Have you ever actually seen someone get fired for having multiple jobs?

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Is EY tech consulting experiencing layoffs or hiring freezes?

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We've always heard tht PIP is unfair and I've seen some cases where the employees sue the employer and got their severance. My question is - has anyone ever gotten a PIP due to discrimination (maybe the manager is doesnt like minorities, or they dont like pregnant women/women who is getting married), and are there any sort of protection for these people before going into PIP?

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What firm do you work for and are you worried about layoffs?

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Has anyone started to witness impact of a slowdown (layoffs, expense policy, comp adj)? Just curious

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Did great resignation made consulting firms more leaner and made them recession ready? Hopefully this means lesser layoffs if economy takes a nose dive.

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Goldman Sachs has started layoffs. I think its mostly because they used to let go bottom 1-5% performers but because busy time in COVID, they didn’t do their normal letting go practice so they are now restarting it. What are your thoughts? Is my theory correct or is it because of the market slow down?
And how are people still saying that consulting job market is going strong?

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Anyone know which company is looking to hire for cloud strategy? Might be getting laid off

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Would a background check show that I got laid off my first job out of college due to 50% layoffs? It was a start up that was failing

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Well. Ok. Got laid off today. Anyone hiring a SA/M level person in healthcare consulting?

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Just had someone who got laid off at a tech company get hired at my firm via my referral. Feels good to help someone while also getting a juicy referral bonus 😎

likeuplifting

Head of practice and someone from HR scheduled a call on the calendar? Its most likely a layoff?

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Is EY hiring or are they going to do layoffs as well?

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Which big consulting firms have had, or are about to have waves of layoffs?

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Got laid off on Friday and received another job offer today. Guess it’s true when one door closes another opens. I feel lucky

likeuplifting

I do not trust this… this company was the same to layoff thousands during the pandemic. What’s not to say they won’t lay-off thousands during a recession? I think it’s time to find a new job…

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So I know of a situation where a colleague is a woman of color who is seven months pregnant. Her manager just put in for her to be fired citing performance issues literally since the pandemic. She’s endured chemo and intense treatment during her pregnancy but was informed her circumstances were irrelevant to performance. She was called scatterbrained and distracted by her team leadership. Advice for her or someone who cares?
This company wins a lot of diversity awards.

likehelpful

Is Accenture doing recession layoff now???

likefunnyhelpful

To all management consultants (MBB, Big4, boutiques), how do you see the outlook for the consulting sector in the near term (~1 year)? Layoffs IB style? Or consistent business activity?

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Are people worried about layoffs in big 4 consulting as a result of the recession?

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I'm a big four associate who was just fired by HR and a partner. I've only been at the company a few months and got a good review. HR said "the partners and I have discussed" without explanation. What can I do about this? They have no evidence of poor performance, and my team loves me. What's next? If I'm fired, can I apply for unemployment? I'm unsure what to think or do.

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I heard PwC is also firing people in some areas and not calling it layoffs. KPMG when are you next?

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Which consulting firm will get hit the hardest next year with all of these layoffs happening?

likehelpful

Compass with more layoffs this week. Heard it’s 30% of the company, could’ve seen this one coming

likefunny

Any cool Accenture perks as a new hire? Like, phone, etc.? Coming in as L7. And yes, I know. “Layoffs are coming.”

likefunny

Was about to get staffed on an engagement for something I was passionate about and HR blocked it by telling the manager saying they will contact me directly. Is it a layoff?

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Related Posts

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

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Have you ever seen a client fired in mid-production?

likefunny

Tired of this constant grind and constant layoff situation in NYC. Thinking of making the move to LA. Any thoughts? Yay or nay?

like

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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What are some things a recently laid off junior can do right now that’ll benefit them once agencies start hiring again?

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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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If you still believe the election was stolen, you should be fired from your job because no client deserves a consultant with such poor critical thinking skills.

likeupliftingfunny

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

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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.

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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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 have any idea when the hiring freeze might end within AWS ProServ? I’m currently at Amazon and have a TS clearance, PMP & CSM. I come from a Big4 consulting firm with a background in Enterprise Performance. I’ll be honest and say I’m not feeling very safe in my current role with the ongoing layoffs. Instead of leaving, I’d love to go back to my “consulting roots” and join the ProServ team. I’m taking my AWS Certified Cloud Practitioner exam next weekend. Hoping this freeze is lifted soon.

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Given the outbreak, are places actually going to be hiring right now? Recently laid off from 9-5 and my freelance is starting to fizzle.

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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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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).

like

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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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

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’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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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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Additional Posts

How much percent of the variable pay generally people can get in EY GDS. Got an offer with 15% as variable pay in an cloud architect role. In average how much people get..

What is the average hike we can expect this year considering outside market conditions?

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Is Operations paid the least at your respective firms? I was hired to a Client Service Delivery role with a heavy focus on project management. I regularly interface with leadership internally and at the client. But, I am aligned to the “Operations” capability and make the least of my teammates who perform seemingly identical work but are aligned to “Strategy and Consulting.” I worry I’m on a career path to being paid the least wherever I go, because Operations is in my title and background.

like

Hi Fishes,

Could anyone refer me to an open position in CGI?
Position ID: J0921-2888.
Thanks in advance.

like

What are the director level salaries of Product Manager in SF/Bay area?

like

Are TikTok side hustles even real?

funny

Have any of you enrolled in or completed the Penn MCIT program and be willing to chat about your experience?

like

Hello,

I am looking for a job change and feel that I don’t get enough interview calls as my notice period is of 3 months. Every company want immediate joiners.

What can I do here?

TOYE - 10 years
Skill set - RPA, UiPath, C sharp

like

What if your second round of interview was average? Will there be 3rd round? Or you will be rejected and no the process will be concluded then and there? How long so they take to send rejection intimation?

Got another global travel advisory re: covid 19 screenings. Anyone actually seeing changes at airports (for Schengen flights) lately? I haven’t.

like

💪BEST STUDY TIPS THREAD:

Drop your top tips, ninja tricks, and most important intel in the comments below! 👇

likehelpful

Who got email for resuming work from office.

like
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Would anyone from Centerview be willing to connect briefly? TYIA!

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Job Opening

Job Title - Project Coordinator

Only W2 Candidates (No C2C)
Locations - Charlotte, NC; Minneapolis, MN; Des Moines, IA; Chandler, AZ; & Antonio, TX
Hybrid Model ( 3 days onsite & 2 days remote)

Industry - Banking / Finance ( Wells Fargo )

like

If you see an open job posting at a company you want to work for, what steps do you take to apply? I’ve been told that cold applying and making no contacts is usually not going to lead to anything, and that’s been true in my experience. But should I reach out to someone first? Should i apply and then email someone? In HR? Or someone who’d be directly supervising me? Or someone at my level? And what should i say? Thanks!

likehelpful

Hi, can anyone shed light over the online pre screening test at bain for senior knowledge specialist position? Any insights would be helpful.
Thanks

like

How long does the interview process take for Bain? It’s been a week since the practice case walkthrough and I’ve heard nothing back, and I reached out to the recruiter a day after the practice interview. Getting a little nervous

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