Any truth to Bain beginning (or being close to) layoffs? I’ve heard this through the Bain grapevine (not my current firm)

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Have heard of no layoffs - promotions remain on track. However, people with subpar ratings are placed on a shorter timeline for performance improvement

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Nope. Just Mitt Romney apparently.

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Too.. late?

?? Hadn’t heard this. Our philosophy has been people first, during this downturn and others.

But I doubt I or anyone on this app actually knows what may happen

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Seems like more people with SC unclear ratings as well. I do believe that Bain takes a “people first” approach and is doing what it can to protect jobs (more for the sake of the pipeline than anything else) but I don’t think LT have been transparent with us about COVID impacts

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How dependent is the pipeline on private equity? I saw a Bain report that there’s a lot of PE money sitting on the sidelines at the moment.

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We are sold out in my office

Nope

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I am a new associate (1 month in mid-tier firm) and I struggle to get work to fill up the whole day. In honest time, i get about 3-5 billable hours a day. Am I going to get in trouble or fired over this?? I am putting my best efforts when I do get work and I ask for work sometimes. At this point I feel like I am being annoying too…

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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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Stuck in a weird limbo where I want to leave my job more than anything but grateful that I have one at all with all the layoffs in our industry. It's a new kind of trapped. Anyone else feels the same?

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Working for a senior who is beyond horrible. She talks to you like you’re stupid and makes it sound like you’re absolutely terrible at what you’re doing. She’s made 5 other associates cry during her 5 year career. Got someone fired and made another person quit. It’s known around the office that she can no longer have a female associate, because she talks down to females more than she does males. I came along and thought I could deal with it but she literally makes me want to not log on tomorrow.

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Looking for emotional support after been laid off and second baby is on the way.

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Does anyone predict another layoff season in October?

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Did Epsilon just go through a round of layoffs ?

I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?

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What do you think of today’s (6/9) IBM major worldwide Cloud outage? Could it be related to the recent major layoffs?

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I just got laid off — anyone else get hit this round? ☹️

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A $1T valuation is fine, but Tim Cook should be fired for the value loss that came from actually producing products, being famously boring and not losing his mind on social media.

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Lots of people leaving WK Portland it seems. Layoffs or voluntarily?

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Has anyone ever been "let go of"? Either laid off or fired. How did you get through it?

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As many of us navigate the challenges of negotiating during Covid layoffs, my question is what do you think is a good, fair and realistic salary for an independent agency to offer a Creative Director with 10+ years of experience in metro Detroit, considering the current economic climate?

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How is it that every company complains they can’t find workers yet 9/10 posts on linked in the last few weeks are all about layoffs? And just taking a look at the jobs in your are…why does every job suck and want to pay you 45k?

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Barclays Barclays global service center Does barclays do layoffs ?

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Is it common practice in Singapore for firms to have a probation period for new joiners (duration at their discretion), during which new joiners can be fired at a week’s notice period?

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What's more important for business longevity?
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