Bain & Company Any updates on where firms stand after the end of this quarter? Are more layoffs still expected at the end of Q4? How are you feeling about the direction of the market in general ? Are things slowly improving? Kearney Strategy& Bain & Company McKinsey & Company Boston Consulting Group (BCG) . Oliver Wyman

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60 people laid off in June and 60 more expected in December

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Will the new batch join on January anyway?

For us it is getting worse unfortunately, I am not sure abt layoffs, most probably we will have some but it wont be as massive as last cycle. Probably people with lowest tenure across ranks will get hit the most as it was the case in last cycle.

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Thanks for the response, as an incoming junior, any recommendations for longer term success ? Best practices/partners to try and work with ? Sounds like this is highly important.

Just grow ur network, try to work with different partners and make sure u build good rapport with them, it will protect u. Dont only focus on project work, try to work on some internal activities and initiatives led by partners, it will give u good visibility. While good performance is the most important thing, network and likability are ur keys to success and survival in this industry

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Just a joke, take it as a joke-
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Recently Better (dot) com's employees were fired from the job.
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You should reconsider your decision as they will make your organisation BETTER. :-)

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Hey Guys. Regarding the forced layoffs in PS. It’s high time we unite and hit them back. I’ll request all people who’ll receive the video connect email from PS to do one important thing. Use a a pen camera or a hidden camera(small) in your pocket before attending the call and record the call and events. These peoples should not be spared. Try to get some evidence and let’s expose to public media and other legal teams. You can do this anonymously thereby saving others from this crap.

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@lilly @Eli Lilly

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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