{ "media_type": "text", "post_content": "An MD gave me a little more info around the layoffs. 200+ across levels (associate to partner) within FS. Mostly banking.", "post_id": "56c5f1c6bb501a0f004ae89f", "reply_count": 20, "vote_count": 10, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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An MD gave me a little more info around the layoffs. 200+ across levels (associate to partner) within FS. Mostly banking.

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Posting as :
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There wouldn't be rumors, if they were forthcoming with a statement

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God how can they fuck up hiring and their pipeline so badly that they have to lay people off

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Nothing happens in this firm without the partners. HR is a puppet.

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How does a layoff with an equity stake work?

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Really want to roll off my current project but now I'm scared.

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Yeah, how many more to go?

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195

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I'm hearing the opposite - was told they would reevaluate people as they roll off of projects before they hit the bench

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Not sure. But I am curious on that as well.

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Do you know how many they have already dinged ?

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No clue. That's all the info he had

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I'm a troll

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Never seen a troll admit he was trolling before

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Doing it wrong troll-bro

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A director told me on Monday that they had already notified everyone getting laid off... And the PwC rumor mill keeps churning

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I definitely don't think that's true. That's a slow process and PwC is likely looking for a quick fix to over-hiring

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I think they already did the quick fix (hence the mass layoffs) but this is also a solution since the pipelines are looking bad. We've lost a lot of work and key accounts over the past few months

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Evaluating everyone individually as they roll off accounts isn't an efficient use of Partner time. But that's just my two cents.

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That said... When has any of our firms really efficiently allocated time?

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From what I hear HR is doing most of the heavy lifting with the layoffs, not partners

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Laid off in Sept and finally have some positive movement. If you send me some good vibes I’ll send ‘em right back.

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So both the coronavirus and layoffs seem like such abstract concepts to me. I know that people are dying and losing their jobs, but I can't name a single person that has been affected in either of these ways.

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When I start interviewing post-layoff, how do I explain my departure date? Firm doesn't tell prospective employers WHY I left if they call for background checks, just when- so I can spin the why.

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Feeling very low.
Just got laid off, and only have a job for another few weeks, with a lot of personal responsibilities.
Currently a Project Manager with experience in Real Estate and Tech, with transferable skills in Program Management and so forth.

If anyone has any opportunities or can refer, please let me know!

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Been spacing out vacay time into long weekends just to make it through the year. Trying to reclaim my time & mental health after 3 layoffs impacted me. Others try to give me more work & leave at 5.

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Hi all! I am a Deloitte Manager in the Healthcare Provider practice... recently laid-off and looking for new opportunities. Would appreciate any help/intros! (More about my experience in comments)

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Getting laid off in January and trying to figure out what to do with my 401k. I’m applying to grad school, and thus may not roll over to a new employers 401k. Have about 80k in the account.

Considering converting to a Roth IRA instead of rolling over to an IRA. Thoughts/advice?

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Anyone heard about Mott MacDonald Limited ?
I know its engineering company but any one aware about its IT side? Any developer/ manager working on IT project would like to comment about it?
Glassdoor is full of mech and electrical engineer review only.
1. Work life balance?
2. Technology used
3. Average hike yearly
4. Famous for any layoff?
5. Any extra benefit and working culture

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Speaking at conferences, representing your firm, if you screw up...is it a death sentence for your career? will you get fired? 😰

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Any ACN 🐠 have they latest on how they’re handling hiring freezes and potential layoffs? My husband applied and got interest. But now the leads have gone cold.

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Mass layoffs announced at NYM event... more to follow

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I'm in salary negotiations for a great role, but there's a small gap (~$10k) to even match my old salary. They have most of the obvious benefits like unlim. vacation, low healthcare premiums, 401k matching, permanent WFH, etc.

Right now, severance pkg. and a more senior title are most important. Has anyone negotiated a title bump? Outcome?

Are there additional benefits I should also consider?

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Who works at Accenture and can connect me with the hiring manager for the Federal - Threat Analyst Lead position (job 00869165)?

Been laid off from COVID but this opportunity perfectly matches my skill set and experience.

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Shout-out to the bartender on her first night on the job and poured me this glass of Macallan 18 when I asked for a double. She used the jigger but poured twice with the 'double' and so I basically got a quadruple.
Left a $25 tip. Hope she doesn't get fired!

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Havent done a single thing in two weeks. I think a layoff is coming. Anyone else have nothing to do but wait and watch as the election results trickle in?

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Mental health check! For my fishes that have been laid off or just want a referral to Accenture. Message me and I’ll see what I can do!

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Tips for finding full-time jobs or freelance work right now? Coming to terms with the fact that I could be laid off in the next couple of months, and pay has already been decreased.

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I just booked a room for my layoff meeting. 😐

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Should you talk about your anxiety with your partners? Its no secret that lawyers often have mental health issues. I feel like it shouldn’t be a stigma to share your issues. But also don’t want to get fired for being incompetent.

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Of the people panicking about layoffs, I wonder how many are also the same ones that would be bitching about the job.. 🤔

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Guys, question. Once we have the I-140, I know that we get EAD and yearly H1B extensions. Do we have to follow the same process for these extensions that we followed for original 3yrs H1B extension? Also we this new memo, are these extensions under scrutiny too??

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Planning to sign up for an online Masters in CS or Tech. Would like to know college recommendations and work load if anyone in this group is already doing it. Online so can continue on h1 and work

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What do y’all think?

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We had a hailstorm followed by my husband going outside and hunting a goose (he got it). Just another day on the prairie.

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Anyone heard of Golub Capital Markets? It seems like boutique private equity firm. Any positive experience/feedback from there?

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Hey guys! I decided to create this bowl for those of us that are in clinical research/pharma.

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Anyone else living in NYC feeling like there’s so much to do but not enough time to do it? Please refrain from replying if all you’re gonna do is shit on NYC ✌🏽

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Good ole Windows 95 lmao

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likefunnysmarthelpful
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Any success with expediting i131 on humanitarian grounds recently? If so what was your reasoning / approach and how long did it take?

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LinkedIn is the new Insta, agree ?

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Could I get a day of bereavement for a sibling that passed a few years ago? The date is extremely triggering and it’s hard to work, I’ve honestly worked through the day in the past and don’t want to do that. Or maybe just a mental health sort of day? How do I go about this during busy season?

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Does anyone have experience with the brand Inez? Are they any good? Are they comfortable? Do they look cute or cheap?

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Scared of changing teams internally. Scared of not getting interviews or burning the bridge with my current team =/. I'm waiting until CRT's are completed before applying anywhere. I do really well and have been here a year but my goal right now it to just stay in tax. Any advice? Snapshots are a great so far (mostly partially next level).

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