Accenture CEO said on earnings call that accelerated performance cycle will help manage low performers at greater pace if need to pull levers.
More layoffs are incoming soon.

About last layoffs, we didn't do any layoffs it's cost adjustments mostly in operation centers and restructure due new growth model. 🤷‍♂️

likehelpful
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“Levers” such a CEO word

likeupliftingfunny

ACN just announced 1,400 jobs in my hometown of stl on federal work

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HP&S did grow at 12% so they are hiring for same.

Does that mean they’ll be firing low performers soon? They’ve been acquiring a bunch of boutiques in Europe recently.

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I moved from ACN. In hindsight, it was brutal but efficient. I’m just surrounded by paper-pushers at D. Getting rid of the fat is important.

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The “poor performers” are not performing poorly; they are simply not meeting the arbitrary 60% chargeability target; said target varies widely from year to year. I know my loaded cost rate and Accenture made over $8M off my skills over 9 years. They need to be honest and say “We’re laying good people off because we don’t have products US organizations want to buy to at this time”.

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Hi Sharks 🦈,

Need some suggestions: My current company is on a layoff spree and 2 rounds are already done and I can foresee another round coming very soon.

While I am trying to switch to other companies, I’m not able to reveal the real reason from my side for the job change, as if I say, it’s because of layoff fears than it’ll reduce my negotiation power.

What other reasons can I give as I’ve just completed 9 months here and it’s too soon for any other company to take me in.

likeuplifting

Need advice - I've been talking to a Partner contact at a big-4 firm where I REALLY want to work. She sent my info to the managing partner in my city, but I haven't heard anything for about 3 weeks. Been playing it cool because I know these things can take time, BUT, I just got let go from my current firm. I have til 12/15 to find a new job.

Do I tell her my timeline is now a month, or is telling them I'm getting fired going to tank my chances of getting the job?

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Anyone else using their layoff as an excuse to finally pursue a new career?

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Hello Everyone,

My brother is looking for a job. He previously worked at Amazon as TRMS . They were not on roll so got laid off last month.
Experience 1 year. Looking for fresher jobs for BBA graduates.
Any leads will be appreciated.
Thank you in advance

After 6 years of temporary contracts and unstable situations, I find my dream job in my dream company. All of a sudden the world goes upside down and I get laid off. I start sending hundreds of applications, with only 2 recruiters getting back to me to say I don’t have experience for the job (this is how it works in Italy). Add a terrible health situation in my family and it seems there’s no light at the end of the tunnel. Ugh. 😞

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For those that have been laid off, how’s the job search going? Have you gotten offers fairly quickly (I.e. 2-4 weeks after getting the notice)?

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Hey everyone, I was recently laid off from Meta. I am a senior technical recruiter, who also served 20 years in the military. I am looking for new positions working in San Diego or remotely. Any help would be much appreciated. Thank you so much.

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Is it true that this time of year is the worst time to apply/ try to get jobs? Looking to pivot out of a contract I got after being laid off in August by 2023.

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I have $20k in savings, I owe $6,000 to my 401k loan, that’s the only loan I got. I am debt free otherwise except for my house. Should I use my savings to pay off? Since people are talking about unemployment and being fired, I wanted to make sure I have enough, 👩🏾‍💻... What should I do? I initially took the loan to add to my home equity when I sell my house for a new house then covid hit.

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I was informed today that my employment would be terminated at a tier-2 consulting firm in Toronto. The reasons for my dismissal are unclear and I would like to get legal advice on the termination agreement and severance package that was offered. Has anyone experienced a similar situation and can refer a good employment lawyer?

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I know this doesn’t count as an interview, but overall professional advice needed:
Any tips on asking for better severance pay?

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Anybody here at Carvana Co.? Is it looking like another round of layoffs?

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I’ve been on the bench with J1 for about 3 months. I was worried that because I couldn’t find another project, I would get laid off so I found J2, which pays more, is very meeting heavy, but I really like. I’ve kept J1 because I’m still on the bench doing absolutely nothing and getting paid. Thinking about looking for a role on a project with J1 that’s not along my career path but will allow for me to do work with no calls so that I can manage both jobs. Does anyone have experience or advice?

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The severance package at Meta for laid off employees almost makes it nice to be laid off depending on what your personal situation is….. personally wouldn’t mind getting 4+ months of full pay to reset and think about what’s next 😬

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Hey team! So I was laid off from my SDR position about a week ago. A couple months back, I had an offer for a BDR position that I ended up turning down but I really liked and connected with the manager. Is it worth it to reach out? I applied to other positions in the same company. What about reaching out to previous co workers at a different company? Not sure how to navigate this… please help. Also I’m sorry if this is the wrong bowl to post in.

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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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Has anyone seen firing in Deloitte India? Is there any process or employees are fired directly like few companies?

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ISO: experienced recruiter for a career consultation. Laid off a few times. Trying to make sure the next job sticks. I’ll compensate for your time!

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Does any team is facing layoffs problem in American Express. Really a horrible rumors I heard.

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Interested. Mayfair based.

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Computer Science teachers, I am a newbie focusing on beginning studies in Cybersecurity for a K12 Computer Science Summer Camp.
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How is job security at S&P Global Market Intelligence Ahmedabad location for financial modeling ?

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I recently finished my Masters in Cyber Security and have a Bachelors in Software Development. As much as I love the technical aspect of my degrees, I think the happiest me would be in tech sales. I had found an opportunity at IBM for entry level sales starting in 2023 and was wondering if anyone had gone through this or the Summit program? Looking for insight on applying and would love to chat with anyone who has or currently works for IBM! Thanks in advance!

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The workday is done

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likeuplifting

Just a floofy boy, watching the leaves fall

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Just read the Deloitte 2021 DEI report (from Google) — 2% of the PPMDs are Black and only 28% of all PPMDs are women 😳

likesmart

Anyone know what McKinsey’s Philadelphia office focuses on, or what industries it covers?

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Moving to Philly Nov 1, just signed a lease in Queen Village. Coming from LA where I was part of a volleyball group and had a lot of options at the beach. Suggestions on making friends and being active (while still being respectful of covid rules & health of all)? 36 F

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I’m a single black woman. What are the best locations to find other single men?

I may just take myself to a bar, but what if no one approaches me

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Why is everyone saying to buy puts when I’m fairly sure everyone has missed the boat on that, unless you locked it in before this week?

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IBM GBS, are they giving increments this year? When would they let people know? How about bonus?

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How to avoid the blame game? I know we can't blame clients who are not competent and cannot provide material in timely manner, but dang it they can't just ask us to perform miracles without giving us any requirements or objectives. Every meeting is always, I will get it to you next time or I am scheduling a meeting internally to discuss... Anybody else frustrated with a lack of accountabilities? How do you deal with that?

likehelpful

To those starting the year on the beach: office or home office ...or actual beach?

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Are consultants only seemingly more capable (at times) because we dedicate all our client-facing time on a single project vs. juggling multiple projects? All my client's leadership teams seem like a mess but I think it's just due to their lack of opportunity to focus on anything for long enough to know what's going on. Am I thinking about this completely wrong?

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Hit 120% utilization (between 2 projects). Thinking about taking off the month of December 😂😂

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Do you have any book/video/whatever recommendations for how to be a good manager/lead? I'm trying to make the transition and get more responsibility

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For those that have been laid off, how’s the job search going? Have you gotten offers fairly quickly (I.e. 2-4 weeks after getting the notice)?

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Good consulting books? Not talking case prep but a fun read about the industry and what it takes to succeed, etc. Thank you!

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What time frame is used to measure our utilization metric? I'm pretty sure it's not our fiscal year, but sometime around April '16 - March '17?

From: This bull market, To: Me (2020 R8)

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likeupliftingsmart

I have $20k in savings, I owe $6,000 to my 401k loan, that’s the only loan I got. I am debt free otherwise except for my house. Should I use my savings to pay off? Since people are talking about unemployment and being fired, I wanted to make sure I have enough, 👩🏾‍💻... What should I do? I initially took the loan to add to my home equity when I sell my house for a new house then covid hit.

like

Is it bad to be the first candidate that the hiring manager interviews? Was told I might not hear back for a while bc they have to still review the other candidates? One replied to my thank you note saying “we will be in touch!”

like

After a year using my home office setup, especially the 27 inch monitor, how can I ever go back to the traveling life with tiny laptop screen? 😔

likesmart

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