Anyone here nervous about the current state of our economy? I have a bad feeling about layoffs being around the corner.

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Posting as :
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What are your thoughts on economy?

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The real problem was inflation and now unemployment... The US should reduce the trade against china it will help economy, strategize debt reduction... And unemployment is due to lack of regulations by govt on companies, they hire/fire whenever they want lots of factors create bubble..

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Can we talk about the political and economic state of the world right now?

-Jaden Smith

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You're thinking that things are going to get worse than they are now? They're pretty bad now, if you ask me. But I guess I wouldn't be surprised if it gets worse with all the money we're sending overseas. So yeah, I'm always worried about the economy. I don't see things looking better for a while

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I think it will get worse. I don’t see a solution if we keep elect 80 plus old folks running this country

Ugh was hoping hiring would pick up in the fall…

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I really was hopeful in the beginning of this year but it’s not looking good.

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BCG folks, I hear rumors of layoffs happening given the slow pipeline. Is it true?

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@PWC is worst company for freshers. They are force innocents to resign by themselves and threating then to not to mail anyone and not share this context to anyone worst company, if layoff means ok removing and threatening to not to disclose to anyone means the have lost every single moral. Don't fall trap in the brand name @PWC.

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Would it be a bad idea to request another deferral from my firm to clerk for another year for the same judge given the rumors of layoffs?

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Just read a LinkedIn post from someone who was laid off from Twitter. They mentioned how to had just spent the last week completing projects that should have taken several quarters to do. Then they were let go without a thought. Remember, your company is not your family.

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History of BCG layoffs anyone?

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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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Today I was walking back to the hospital from my car some random guy came up to me and asked me for directions while I was still in the lot. I'm new so I told him I didn't know and he literally cussed me out in the parking lot and told me I was a horrible nurse and he was going to get me fired. Meanwhile I am a PHARMACIST. And before you ask yes he was.

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After 10 years of working as a FTE PM/producer I’ve now been laid off (thanks Covid) and am looking to start freelancing for the first time. What advice do you have for a new freelance PM/producer?
Also, what kind of insurance do you take out as a freelancer?

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I was recently (in April) fired from a good nursing position that I was at for 5 years. I reached out to my old ADON to get some information on where we had our vaccinations from and she told me that I should come back and the administrator that I had issues with is gone. Is this something I should even consider? I miss my patients and some of my coworkers and the pay is better, but I don't feel like I would really be welcome to come back.

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I got offer from IBM in my home location itself, with 18.5LPA fixed for 9 yea in automation testing. Here my manger is confusing me like layoff will after u join in IBM.. but I am in cts as 11.2 only .. but now I got SA promotion with 10 % hike .. and also no retnation for me also not there whether I can choose IBM or stay here .. kindly help guys .

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Does anyone have any insights about the layoff rumors at Morgan Stanley?

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Hey guys! Yesterday the company i worked for laid off the people in our state for economic reasons with no notice. I’m in desperate need of referral in entry level SWE/SD(or similar) positions at the moment. Any help would be greatly appreciated. Thank you!

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Newbie looking for cloud opportunity just got layoff.Was able to obtain a few AWS certification during my time at the firm. Any help can do

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How is everyone feeling amidst these layoffs? Hope everyone is taking care of themselves!

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Hi Fishes!!
This might be an unusual question for this group, but nevertheless I'll ask. Is it advisable to go for masters to US next year ( Aug-23 ) , considering all the recession talks and layoffs?

All/any advice is welcome!

Hey! Any Google folks know if it’s possible to negotiate fully remote if a contract role is hybrid? Personally, I don’t want to relocate and go to the office on a contract role given the current economy. Plus, I’m assuming contractors are the first to go in layoffs. I just think it’s a fair trade off if I’d be allowed to work fully remote. I’m also trying to have flexibility to manage my Airbnb business in a different country. Same time zone as the home office if I’d travel weeks at a time.

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We have a big project going on and I am the only point person(initiate it, did lot of work, and knows the deets well), seems like my mgr wants to get a headcount. But I want to use this opportunity to get promoted, how can I get this across? Mgr is new(they fired my old mgr), mgr’s mgr is new too(re-org). So not sure if I should/can make a case, or how.

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Did TBWA/Wildtype have layoffs??

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Hello everyone, this bowl is just the start. We will make it big. Request you to stay here after joining. Meanwhile, do share this in your network. It would be a great help.

Till the time this bowl is growing, you can post confessions, advice, requests etc.

Use the format:
Age, Gender[M,F or any other]
Then your post.

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Valuations or FDD? Trying to decide which team has the best exit opportunities/WLB/interesting work.

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Do McKinsey make your own slides or do you outsource it all to your graphics team? Asking specifically for NA.

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Hi All,

I am looking out for an opportunity as a Software Developer, preferably remote working, I have 9.5 years of experience in Java backend development. Please refer me if you are aware of any such opportunity.

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Posted this in a different channel but does anyone here work at Peloton (or know someone who does) and care to share their experience or thoughts on the company?

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If you were to launch a new product campaign for a beverage in Feb/March, would you focus on spring/summer imagery or more oils that feel too premature? What cultural/timing things would you take into consideration?

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I am looking scrum master job can anybody help

Need help evaluating an offer in Industry I just got. Offer is at the Director level for a series C startup:

Offer: Strategy Director $225K base, $20k sign on with stock options
Current: M1 at B4 $175K base, 10% bonus (if I’m lucky)

I’m at 8YOE (4 in consulting in a niche industry) and this is in a MCOL city.

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What's the best form of compensation to ask for and why?

My employers' CEO just announced that they just received $7 million from investors. He wants to use that money to offer incentives to employees that hussle and drive more revenue for the company. We're not sure what those incentives look like yet, but here are some post-announcement rumors from my co-workers:

Cash bonuses, raises, profit-sharing, company equity, 401k match, etc.

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Hey fishes,

I got an offer from a company below is the compensation layout. Can you all tell me what will be the in-hand salary per month, will it be 49k?
I can see that EPF for employer is also deducted from my salary so this is not correct based on the EPF Act, is there some other thing which is not correct in the given Annexure?

Thank you!

Post Photo
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Hello! Has anyone ever built a campus recruiting structure for a company? Meaning they started from scratch and built out campus recruitment? What was the pros and cons? Also, what was your salary, how long did you stay there and did you enjoy building this out?

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I thought the power reserve on DJ41 Ref126333 was about 70hours, but I noticed it’s about 40-48 hours on mine. Wear mine about every other day, but not on weekends and then Monday morning when I go to wear it, it’s dead and have to wind it. Anyone else seeing this?

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What are some good Marriott properties to stay at in the Dallas area with points?

Hello, Anyone here from Deloitte Omnia AI who could refer me for an open opportunity.

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EY feels kinda...cheap. Are the other B4 like this?!

Give me your best Audible book you have recently listened to? Finance, Sales or non-fiction

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Any recommendations for a book/podcast/self study materials for a new finance attorney? I have no background in finance and was assigned to a finance group. Help me!!

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What is Globant Talent Experience? What questions needs to be answered in this.

Hi Fishes,
I am not sure whether this is the right portal or not still I am going to go ahead with my question. Does anyone know a good online course to enhance coding skills (in R and Python) from the point of view of credit risk Analytics, modelling.

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What does everyone wear for client meetings in a WFH setting

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Steel Case vs Herman Miller

Is Herman Miller the undeniable winner in the office chair market or is Steel Case a contender for first?

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I am offered PL-08 position in RBC
Canada. Can somebody please
guide me on the pay band for this
position (so I can negotiate if they
are offering low in the range)? They
are offering 87k base + $10.5k
bonus. Thank you!!

Also, does PL-08 equates to
Manager level in RBC?

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Late stage analyst 1 at a mid-market heavy TMT focused M&A boutique in London. Keen to increase exit opps and realise it may be worth trying to lateral to a BB / name brand. Any opinions / advice on achievability? If low, what’s the best move here.

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For those of you working in your physical office in nyc in IBD or S&T right now, do you have to wear a mask all the time? Or like only in elevators

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Weighing whether another year of IB experience would be helpful, or would just make me one year older at the same starting point in PE.
I’m 1.5 years out of college as an analyst at a middle market bank within the healthcare M&A group. Getting worked a lot but starting to operate as an associate on deals. Debating accepting an offer for a newer, lower-MM healthcare and growth focused PE firm. I know I want to go to PE at some point, but what are some thoughts on when you should go?

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Looking for advice: I have an analyst (9 months on the job) who still doesn’t get it - repeatedly misses comments, doesn’t follow instructions, slow, etc. I have raised this to both my MDs and they seem to be adopting a “not my problem” approach when I mention it. I had advised against hiring this analyst post internship and my MD insisted that all the issues I highlighted were fixable. I have tried teaching him to no avail and frustration with him is growing. Any suggestions for how to handle?

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How many times do you think about quitting per day?

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Want to get new bag for work and not sure if I should get a Tumi briefcase or backpack. Seems like I’ve seen more backpacks these days. Thoughts?

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Lower middle market bros. What’a your comp structure? I will share:
100k$ + 60k$ discretionary bonus

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Thoughts on PJT strategic advisory?

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Public finance exit opps?

What are realistic expectations for 3rd Year Analyst / Direct Promote Associate bonus range at a BB? Note that at MS, 2nd year bonuses in my group last year were 90-115K, while MBA associates received a pro-rated 90K stub (~40k). Personally would be pretty unhappy to take a pay cut between 2nd and 3rd year…

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Any info on best MM LevFin / FIG groups in Chicago?

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Interesting all the noise about these PPT, my take:

The pandemic took all the upside of an IB analyst life (client meetings in person, fancy trips, suit up, worshiped at networking events) and left all the juniors with the downside (long hours, monkey-like type of job, aggressive work environment).

Not that the complaints are not sort of legitimate but you may need to revise the decision-making process that led you to accept a return offer. Specially if you were looking for less hours.

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Thoughts on GP Bullhound?

Senior Risk Consultant + CPA at big 4 (4 YOE) looking to break into IB with no Deals experience. Would appreciate any tips, tricks and resources for interview prep and beyond. I have an interview coming up with an MM bank in their Real Estate group. TIA

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Would tech ib (m&a) be more affected than say Healthcare/pharma ib in an economic downturn?

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Say I work in tech and have a decent finance experience. Would my 3 yoe of domain "expertise" in tech make me an attractive bet for the banks Tech coverage team? In other words, does having experience in Tech make me more hireable for IBD?

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