Bain & Company 18% of opendoor, 50% of Twitter, 14% of stripe and 13% of Lyft all in 24 hours. In addition, Apple & Amazon have announced hiring freezes. Wondering what the sentiment is in consulting now. Anyone seeing potential layoffs or hiring freezes at their firms? EY Deloitte Accenture PwC McKinsey & Company Boston Consulting Group Bain & Company ZS Associates Oliver Wyman KPMG

likefunny
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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.

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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

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I think those 50% folks at twitter should be thankful! Good riddance

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