likefunny
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

We have more work than we can staff for

likefunnyhelpfulsmart

Our team also has more work than we can staff for, but it’s a pretty unique position to be in right now.

like

Fundamental differences between tech and consulting to the point that it's not even really logical to compare them.

Tech hires to create demand; it's all about growing the top line. Consulting hires to match expected demand and usually does it in a conservative way (meaning periods of high growth mean people get stretched thin); it's about growing top line but in a way that margin isn't impacted.

likehelpfulsmart

You really see this when you create pricing plans on proposals. They really emphasize having the least amount of employees they can lol

like
Recent IconRecent

Twitter layoffs are due to a man named Elon

like

Twitter grew the company fast and well beyond practicality for the product it produces and the revenue it brings in.

Tech=/=consulting, for the most part consulting firms are private partnerships that don't have the same responsibility towards shareholders that the tech companies you mentioned do

like

@OP - the industry you service will likely be a bigger factor on how you’re impacted vs the function you consult in. For example, large ERP implementations in tech consulting tend to have fewer work stoppages during downturns given they’re difficult to pause. But if your clients are in the technology sector (eg Microsoft, Amazon, etc), then you may be impacted more.

We’re not hearing anything layoff related at EY, but that could change if our revenue against plan starts to slip dramatically. It’s all TBD at the moment.

likesmartfunny

I don't think Twitter layoffs are as a result of recession...

likefunny

I think other tech layoffs might not even be recession based. They see that twitter’s cutting and increasing bottom line and investors are realizing that the bloat is unnecessary. It’s expected now that other big tech firms cut and start to act like the cash cows they are rather than fast growth startups (which they haven’t been for the last 5 years)

like

Consultants recommended the layoffs so consultants can pickup the work 😂

funnylikeupliftingsmart

Very true!

like

Large consultancies are the most resilient to downturns. Strategy, transactions, marketing, and revenue side services typically are the first to trim. Operations, cost cutting, and technology implementations are usually more safe. Private partnerships are more resilient to swings than public. Boutiques and smaller firms which don’t have the diversification of sectors or services have significantly more risk.

No matter where you are, stay chargeable and you’re 99% safe.

like

No worries on layoffs at EY - understaffed in many disciplines.

likesmartfunny

EYP is underutilized. Assurance is always losing people, they only have Staff or Senior Managers so that’s why they’re constantly hiring.

Fortunately we actually make a profit

like

Consultants get a ton of work during this time. Not fun work (delayering / reorg stuff). But the cash will roll in.

like

Depends what industries your clients are in too

like

PwC is hiring. Just interviewed someone yesterday and have 2 more scheduled for tomorrow. Tech Strategy work.

likesmart

And me

My group at ZS is still growing too much and we are all working at like 150% capacity and still hiring aggressively. This is an area of healthcare greatly changed by the past 2 years. Absolutely cannot keep up.

likesmart

ZS2, one of our venture spaces

Old guy here - this is not unusual. Look at 2007- 2008 or the dot.com bust. With any move towards a more normal economy and towards a possible recession, the high flying tech companies (many of whom weren't making money to cover the kind of ridiculous hiring they have done in crazy growth times) are the first to drop people. This is a normal part of the cycle and nothing to worry about.

likehelpful

Agreed, they ballooned in 2021 and didn’t properly account for the fact that the growth would not be constant.

helpful

@alixpartners is hiring! DM me if interested in joining an amazing, growing firm with strong commitment to its people.

likeuplifting

Messaged you!

helpful

I wouldn’t be surprised if our firms are the ones advising some of these companies to reduce their headcount. Most of them are bloated and overstaffed.

like

McK is in a hiring freeze (at least for experienced hires) (source: recruiter that keeps telling me to hold on submitting until 2023 hiring starts)

like

Middle East is definitely not in a hiring freeze…

like

We have had layoffs, bench is pretty big and anticipate rest of this year to be slow.

like

Our practice still has open Reqs., and the sales pipeline is still strong. I expect the conversion % to go down some, but I don’t think there will be layoffs

like

Hiring slowed due to over hiring in the first half of the year, but still happening. No layoffs in sight and no hiring freezes.

like

Related Posts

I have been offered Senior Associate Enterprise Testing at Wells Fargo. Need to know what is the next level after this. Is this a asst manager or manager role as compared to industry levels.

Thanks.

like

Former Amazonian looking for a referral if anyone is open to? 😄 For a non-tech PM role

like

Evening all, planning to move out to the UAE from Western Europe in the next year and looking for a role in consulting. Will have 3.5 years in big4 consulting (public sector and consumer goods projects mainly) and an MSc in Strategic management from a top European b-school. What are my prospects for MBB/T2 post-MBA Associate roles? Any insight/thoughts/advice welcome!

like

Hi Fishes,

Can anyone please refer me
Deloitte USI for analyst position. I have the job id with me

like

Hi, I am ISO of a FNP ambulatory clinic position in northern Alabama (south of Huntsville). Recently moved to Alabama. I have 15 years of NP experience. Any help would be greatly appreciated!

What is this English test in capgemini hiring process? Is this elimination round?

Working in real estate industry can consume all your time. Hot sheet, role play, prospecting, meeting demanding deadlines... is work/life balance a possibility?

like

Hi, I am currently in the process of breaking into tech sales. One hurdle that I am trying to get over is being able to displaying my current role as a Materials planner into tech sales, I currently do alot B2B communication high volume emailing and calls. Any help would be appreciated.

like

I just signed a $150M contract over four years. The role is more or less lateral, but is at a much bigger firm which will give me more exit opportunities. Can I afford to live in SF?

like

Any thoughts on Cruise BizOps as an exit? Would love to hear from anyone on culture, comp

like

Anyone in Deloitte to refer me? There is this job role which I think I might be a good candidate..

like

Hello All,

I am currently working at HCL as Senior Analyst. I have 2 year of experience as bmc control-m administrator and ASG zena administrator. Also I am BMC certified control m administrator associate. Seeking for new opportunity. Please let me know if there is any job opening related to my profile in Delhi NCR location.

Thanks in advance.

like

JIRA align implementation role at Capital One at the enterprise level. Good exit opportunity or wait for something else?

like

For anyone who’s started at a company fully remote (Covid or otherwise)… when ramping into your new role, what did you do to feel more connected to your team/sales dept? I’m finding that I have questions that I don’t know how or whom to ask, I don’t know who anyone is and my manager can be MIA. This is my first fully remote role and it’s thrown me for a bit of a loop

like

Hello everyone! I was wondering if anyone had any further information of the Amazon: UX Design and Research Apprenticeship (Job ID: 1930113). I’m coming from a non-traditional research background looking to transition into tech, and would love to get in contact with someone at Amazon to discuss this role further. Thanks!Amazon

like

Hello Sharks..!! Looking for Referrals/Opportunities in startups/MNCs/Big4s/ for cyber security role

YOE : 9 months
Tech stack : cyber security/vapt/pentesting

helpful

I’ve been seeing all of the Instagram and Linked In posts from agencies in town showing their “commitment to transparency in hiring” and to hire more minorities in light of the BLM movement. I knew the numbers were bad, but holy shit, not THAT bad.
It’s infuriating to me, as a POC how many fucking times I applied, emailed and reached out to so many of these agencies without getting even the time of day.
I’ll believe their supposed commitments, when I actually see the results.

like
like

Hello looking for a referral at Dupont Circle Solutions.

like

More Posts

What are some of the things you should do prior to officially leaving the company (ex: cash out any real time recognition, phone upgrade, etc etc?)

like

Big Mood when talking to younger family members about shooting shots through Instagram DMs.

Post Photo
like

Will I get this LTA component along with my salary? Also what would be my approx inhand ?
Exp 8 Years

Post Photo
likehelpfulfunny

My girlfriend got a job in the UK and we are going to move to London at the end of the year. What are salaries like of there for software engineers? Can I make Bay Area FAANG money over there?

like

I’m an early career as a Project Manager (4 yoe). Just got eliminated from my role as an Associate Project Manager. I’m actively looking for work but thinking of spending $ and time to get certification as a PM. Is it worth it? If so, which certificate should I put my money on? I was looking at eCornell PM. I think I want to get a PMP as well.

Looking at switching to tech consulting within EY. Can someone break down the big differences between the different areas of practice (eg., Tech transformation, DET, etc..)? Especially information regarding the kind of work and clients.

like

I am after some Corum Antique Square watches. Curious what are the 🐠 thoughts on the brand?

Post Photo
like

Anyone with experience at Slack have opinions to share? Currently very interested in a specific role there, and would like to know more about what it's like to work there.

like

Can someone explain the tax benefits of an HSA to me like I’m five? Everyone seems to be on the same page with these and as a accountant I’m embarrassed I don’t get it

like

Can you name drop clients in an interview (if asked)? Assuming they are public and obviously not divulging sensitive information

like

Any recommendations for a good, accessible Syrah?

like

Hi All,

I have joined Wipro at 14 lpa ctc last year

How much hike i can expect if i wanna switch after a year

YOE - 5.5

Module - SAP Security

like

Venus has entered Pisces. Hope it brings us all some sweet relief and ethereal magic. Especially the water signs and earth signs which it trines and sextiles. ✨

Any fishes here that came over into MAS from EY-Parthenon - would you recommend the switch?

Had anyone heard of Liquid MarketPlace? Just got a call from them about a job. Apparently co-founded by Logan Paul.

likefunny

Physical therapist assistant salaries

like

Has anyone travelled to India recently? Want to understand the Covid restrictions. Going from USA to India, - US citizen with a PIO card. Thanks.

like

I had to leave my puppers for three weeks once. They were actually kind of annoyed to have to come home from their three week play date with their buddies at doggie daycare.

like

Just began studying for the CFE exam. I have access to past editions of the ACFE Fraud Examiners Manual. Does anyone have recommendations on where to get good practice questions? I’d like to avoid spending a fortune on the ACFE kit.

like

Do Microsoft or Google care about drinking tickets for internships. I got caught in the wrong place at the time and won’t be able to get it off my record by the background check. I have spent 2 years networking and my resume is stacked. I’m just a bit worried now.

like