Are any MBBs (or other consulting firms) starting some cost cutting too to prepare for a recession? Currently interviewing with all 3 as experienced hire. My T2 firm just announced that Trainings will be online again and no more co-location in other cities…

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Prepare? Recession is here

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Consulting firms do well in recessions, don’t stress :)

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Let’s not extrapolate what I said. I never said firms are bulletproof.

The layoffs were primarily due to all the uncertainty with Covid. But in hindsight, most firms were more profitable during the time period, and had to aggressively hire to make up for the mistake. So even in this instance, firms did well.

No one is immune to layoffs, lol, I work at a pip factory. However, I absolutely will generalize that consulting firms do well during recessions, not once in a million events like a global pandemic.

likesmart

Don’t know what’s happening with other firms. We have been super busy. Can’t get enough people!

What is co-location?

That's nice

Now that the major tech lay offs have happened. I am switching to one of the big boys to ride out the recession

Hell no. Tech firm

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Sed lyfe :(

Microsoft Google Amazon

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