I’ve been on the bench since being laid off in May due to Covid. I continue to get interviews and final rounds, however nothing solid has closed. How screwed am I?

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How are COVID related layoffs being perceived? Are firms understanding given the idiosyncratic situation, or will a gap in your resume still be held against you?

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What firms are hiring? I most recently was an Associate who got laid off due to pandemic a few months back. Really eager to get back into things but unfortunately have run into bad luck (firms laying off, hiring freezes) during my job search.

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I was just told that my role is being eliminated in early November. I’ll know about severance tomorrow. Is it worth having an employment attorney look at it, or should I just take what they offer?

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Share this 🔥 post

Should we expect big layoffs in 2021 especially in trading and other business lines? (Banks like Citi/MS who pledged no layoffs in 2020)

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Got laid off from my first job after graduating college & living home right now with family. Not sure what direction to go. Was doing a structured finance role and not sure if this is something I still want to do. Any suggestions on other positions in Finance/ looking for areas with growth and potential.

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Anyone else have a lot of shame about their career? I’ve been successful, but have jumped around a lot, worked in toxic environments with poor managers, acted immaturely and just got laid off due to COVID. I wish I could go back in time and have a much cleaner career.

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Share this 🔥 post

Have there been lay-offs at your company? What are severance packages like if any?

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Us white people need to put ourselves in colored people’s shoes. How would we feel working in a predominantly “colored” work environment where everyone wants us to act “colored” (whether Black, Asian, Latinx)? How comfortable are we going to be day by day when being yourselves mean no promotion and could get us fired? When our fate depends on another race who gives favoritism to their own race? Colored people are the most resilient people in corporate America. The true backbone of our success

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Those of you that got laid off, hows the job search been?

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One of my friends refused to take up finance as a career due to the layoffs.

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Can anyone help me? I just got laid off , my background is in FP&A and Operational Risk Management

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I am an FP&A professional with 10 years of experience, I recently got laid off due to Covid-19. Any help will be appreciated

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Are there layoffs at your company?

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Anyone heard of any layoffs?

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Jack Welch is a complicated figure to me. He's definitely a pioneer in the industry, but he definitely created the layoff culture we have today

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Layoffs or pay cuts hit your teams yet?

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For those who were in the industry in 2008- how did you handle the markets crashing, waves of layoffs, and your workload while not letting stress get to you?

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Is anyone else’s job on fire rn? This crisis has created two distinct groups- people laid off and people working literally non-stop. My boss is hounding me on 5 remote work apps, I have no escape

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An emergency meeting to cut rates is almost unbelievable. What will you guys be doing with your free time once we get laid off bc recession?

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Trading layoffs? If I’m an analyst/associate is there any reason to worry?

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Anyone else read the MS memo on no layoffs in 2020? What do you think? I'm skeptical of their ability to follow through, especially if the market spirals downward into a long-term recession

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Just had a client put a big m&a deal on hold indefinitely. Seeing this as a broader trend- investors selling, freezes on new deals. Worried we’ll see layoffs in our group soon. Anyone else?

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Major investment banks laid off 3,000 front-office staff. Yikes.. Have you been affected by this?

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Is anyone else worried about potential layoffs in the industry due to coronavirus?

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Anyone here at a company that is already laying people off? Or gotten laid off themselves?

A layoff was HSBC's natural next step after such a horrible year, but this is steep. Almost 10% of their workforce, wow

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Went to HR to complain about horrible manager. Will I get fired or let go? I was just speaking up for myself.

I’ve been “soft fired” - have a period of time to find another job. What would people advise as the best approach to securing another job within IB?

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Has the layoff season started? Heard CS fired several analyst and associates today...

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Anyone been fired for majorly screwing up? Did they give you some time to find a new job or was it pretty immediate?

I just got laid off and I just don’t know what to say “if” I ever get an interview. Any tips would be appreciated. I know when you get laid off, no one wants to hire you.

If you don’t get promoted to associate and get fired, what should you do? I'm a second year analyst on a team that is very overweight Associates. Seems like a real possibility.

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What was the last recession like? Who are the first to get laid off? How can we try and make sure it isn’t us?

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I found out a work friend got fired 😭😭😭

Is anyone worried about layoffs?

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Have you ever been fired/laid off? If so, how did you get to where you are today?

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Anyone else worried about the rumored upcoming layoffs?

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Related Posts

Curious is anybody seeing layoffs in consulting? How busy are your cyber practices?

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Are there layoffs happening in Deloitte USI too? If so, do you know which practices?

Does anyone think it’s weird that my firm is bending over backwards to try to keep a first year staff from leaving the firm after she was rated a 2 this year. But now she’s trying to leave and they keep trying to push her to stay saying she can be a partner in 8-9 years and laying it all out in detail. The issue is they laid off other staff (all but her) so maybe that’s it? Find it very odd.

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Deloitte US just announced layoffs. Any other B4 started layoffs too ?

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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).

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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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A friend of mine from a top tier consulting firm was counseled out. Do you consider it ethical that his career counselor is intentially spreading the information to his colleagues and to other consultants from other companies in the project? What can he do about it? Specially that he considers the potential layoff is purely based on the current situation (chargeability was low) and not on his performance (they said that his contribution to BD during his bench time was low)?

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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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Shall I disclose reason for leaving a firm during my initial call with a recruiter from said firm, if I was laid off? Are they privy to that information. Ironically being recruited by that same firm

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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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All these layoffs reminding me that loyalty is dead

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If I just chill on the bench for long will I still only get fired at the end of the year?

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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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Additional Posts

Whenever I hear debates from the radical left and conservative right on gun control, it's always about Chicago being a war zone. It's crazy how far removed I am from it all in the suburbs. Kind of makes me feel a bit bad like I'm not really contributing to a better Chicago

like

Hi Sharks,

Could anyone please refer me to
Capgemini Pune?

YOE - 8 months excluding 6 months full time internship.

Skill set - SQL, Python, PowerBI, Tableau, Alteryx, Machine Learning, Deep Learning, ETL, Datawarehousing.

Interested roles - Data Analyst, Data Engineer, ETL Developer, Datawarehouse Developer, BI Developer, BI Reporting.

Thank you in advance.

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I wish I was overemployed. Searching for gigs, but nothing yet. Any tips on how to get one or more extra jobs?

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I have a experience of 7 years in digital media.
Currently managing a team of 20 members, handling 50+ clients.


I started my career in the same company i am currently working.

It was a start up and i started very low.

Now I am currently getting 7.8lac per annum.
I am being underpaid and i know it.

I am sure there is alot of opportunities out there.

Just wanted to know, for my experience. What kinda salaries can I look for?

Hi all,
I onboarded to capgemini yesterday and today I completed email setup. However, I'm not able to access talent page from mobile/personal laptop. Can anyone help me?

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How much is the variable/ bonus % that people generally get? And also what is the average hike without promotion?

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Hi fishes!

I am seeing too many post about awards like rising star, Kudos, etc. People keep telling there managers recommended them for these awards.
My manager doesn't interact much with us. I consider myself as some one who has worked hard for project and other intiatives. Should I ask my manager to consider me and if yes how should I initiate it.
Part of MC team.

Thank you.

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Favorite free item in your office ?

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Hi All,

I am a full stack developer with 4+ years of experience. My tech stack is node, react, AWS. I am looking for a job change. So I am giving interviews for both frontend and backend. But whenever I am facing interviews, i am getting to know about a lot of new things which I was not aware of which is making me feel depressed ? Because I have knowledge of a lot of stacks but don't have knowledge of anyone in depth making me feel insecure now.

What do people think of the British Royal Family? For those of us who grew up without ridiculous monarchies why do have to keep hearing about them in the news?

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Today I started looking into the benefits of owning a miniature pony. And I seriously considered it.

like

Anyone here a Data Product Manager who wouldn’t mind having a quick chat about practices within this area of the business?

like

Moved to the GTA last year from Vancouver; and we have a BIG raccoon issue here. It’s pissing me off. Raccoons keep taking a dump on my porch. Tried everything to deter them away but been unsuccessful

funny

When you join as the new PMO lead

Post Photo
likefunny

Does anyone have experience with career changers in Data Analytics or UX/UI after taking the Career Foundry or Spring Board bootcamps? I’m curious to hear opinions if it’s worth the investment. Interested in hiring perspective or career changer!

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Hi. Do I qualify for CFRA in California if our firm has at least five employees but a couple of them are W-2 and the rest are 1099?

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Are there any agencies that are willing to pay for relocation? Looking to make a move out to WC. I know this is more likely for VP+ so I’m curious which agencies have the flattest PnL

Restarting my keto journey!! Lost about 5kg the first time I did it last year, then got lazy and fat and now want to lose 10kg!

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