How do you tow the fine line between sticking up for yourself and not talking back to a partner? For context, our firm has seemingly started making a paper trail for layoffs and I disagree with some of the emails that I have received. I want to respond in a way that covers my own ass. However, I don’t want to piss anyone off, especially if I have read the situation incorrectly.
If I take time off during busy season will I get fired? I am going to ask permission but would like to regardless because it’s going to be for a beneficial experience
Saw this on LI, thought it was applicable to many of the posts I've seen about how PwC/D are trying to deny layoffs and say the separations are performance-based. http://www.forbes.com/sites/lizryan/2016/06/07/my-performance-review-was-outstanding-and-then-i-got-fired/#6227cb81746a
After seeing how poorly layoffs/reviews/pay were handled, I seriously wonder how we're qualified to provide People/Human Capital consulting services... we can't even manage our own
Am I considered a job hopper - 3 YOE at company 1, 6 months at company 2 (they were bought out and started layoffs, so I left), about 2 years at company 3. I'd like to find a company to stay at, but it's like companies don't value loyalty or prioritize retention
Has cognizant fired someone with a higher package like 40 fixed for 10 years of experience?? Cognizant
D partners during the layoff convos
Caught a peak of the advisory utilization numbers...could see layoffs at KPMG as well. HUGE amount of 0% on the year with 0% forecast in retain. Also heard parts of RC just got reorganized at the top
Has anyone else developed a massive paranoia about getting fired? I’m terrified that any mistake will get me fired. My manager is very emotional in their reactions so it’s traumatized me a bit
The Many has had two huge rounds of layoffs in like 2 months. How will they get anybody to come work with them moving forward? Will they have to change their name or something? Who wants to work somewhere where there is something around every corner.
Layoffs at Warner and HBO today 😢😢😢
With so many layoffs and the strange uncertainty of this industry right now—is anyone scared to death?
Coworker got fired because they stole my clients! We have a policy stating that the realtor who initiated the contact should be the one closing the deal to give them a fair chance. I feel bad but they should have read the policy...
My CD was high on drugs while working remote for the past two plus years. He got a paid trip to rehab, a few months off, and now he’s back, fucking everything up again. He’s never going to get fired because the ECD loves him. I need a new gig.
Interested to hear what vital skills a snr digital analyst should have including preferred experience, degree etc
My career path to an analyst has been non-linear so trying to see if I should upskill
I have an EdTech client looking to hire a lead designer. They're looking for someone with 5+ years experience and background in either early education or consumer mobile apps. Fully remote (US company). Great team. DM for details.
Breaking away from my bbq.
"BuT HuNtEr'S LaPtOp"
Hi! Does anyone have any pet insurance recs? My dog is 3 yo, healthy, small chihuahua/Boston terrier mix. He’s had surgery on one of his legs and now has a plate in there that the doctors say might bother him when he gets older. But not an issue for the foreseeable future. I’m looking for insurance that’ll cover routine checkups, bloodwork, other basics as well as in case of emergencies—surgeries, etc. TYIA!
VC / PE people who have carry: do you usually have / sign the papers and vesting schedule straight away ? My fund has been withholding a lot of the paperwork and basically I am afraid to get screwed if I leave.
Have an extra day in Johannesburg area. Already doing safari and over night in Kruger. Reccos?
Anyone wants to make friends? My DM is open
Anyone got money saving tips for 6flags great adventure? Trying to plan a trip to go on a weekday to avoid needing a flashpass. Any other tips?
Who are some fantastic black directors y’all have worked with? Both scripted and documentary. I need to expand my knowledge in this space.
EY peeps what should a TAS senior associate salary in DC look like. Non-MBA. Coming from assurance.
Any leads on non-consulting firms that hire for organizational change management or OD roles and offer H1 sponsorship (manager and above). I love what I do but the constant need to balance my 17 month old’s needs with priorities at work is taking a toll on my mental and physical. Not working is unfortunately not an option and I have not seen many companies that sponsor visas for non-STEM or non-consulting roles. Thanks in advance.
I think I may have finally had it.
A couple of decades in this field and now I want to just walk away. The grind in tech is soul-destroying, and the vast majority of the time, coworkers outside of UX have no idea what it is, what it’s for, and how it’s applied. I’m at my wits end and the constant problem is a kind of “willful misunderstanding” of our process and value.
After wasting too many years on design immature companies, It’s senselessly depressing. I’ve given away too much of myself.
Looking for some advice. Would you take a big pay cut (like 30-40%) for a good opportunity? It’s a really good agency in a much smaller market BUT cost of living is almost on par...(continued)
Getting ready to negotiate for a Senior Analyst Position range is “60-100k maybe a little more” from what I’ve been told. I’m already at 75k with the company and moving up to this role with 8 years in and a masters degree. What should I expect an offer to look like and how do approach asking for more? The bonus is RSU but not sure how much.
180k base + 40k RSU yearly FAANG offer VS. 220k base MBB offer: which one is considered better purely from a monetary perspective? FAANG has refresher but MBB has higher bonus right?
Additional Posts in Finance
Does anyone know of any business oriented, but novel/fictional books with interesting characters? Not looking for self-help, more of actual literature with business themes/plots.
Hello , Fetching around 565000 HKD in UK based IB in Hong Kong with 7 years of experience in Trade Support function. What hike can I expect if I want to switch to JPMorgan Chase or Goldman Sachs ? thanks in advance
Favorite “tricks” you use in your daily work life? (i.e. Rule of 72, IV/16=daily IV, etc.)
when you still forget to lock your computer when you step out for a lunch break or use the bathroom after a year of working :)
Can someone share london salaries for experienced banking professionals? Like manager with 10 years of experience making $135k in NYC/NJ, US - what would that translate to in London? Also good time to move?
in an m&a deal, what does it mean when people ask if the bank does advisory or financing? does advisory entail running the model and actually working on the deal while financing is just the ECM/DCM?
Maybe I'm dumb but it seems implausible for PE comp to generally be significantly higher than banking when PE as an asset class barely beats the S&P in a good year
Just curious: If a company says 'At this time, Capital One will not sponsor a new applicant for employment authorization for this position', so can international graduate(with 3 years of OPT) apply for it or just give up ? Capital One
Thoughts on CAIA? Difficulty, hours studied, study tips, overall experiences, etc.? I’ll be sitting for Level 1 in September. Currently work in the fund of funds space - moving over to my firm’s hedge fund research team soon so CAIA seemed like a perfect way to get knowledge in the area beforehand. I’m almost one year out of undergrad (econ background) so a lot of the CAIA content is new to me
Is CFA and CAIA certifications helpful for a career in Real Estate Private Equity/Development?
Thinking about moving to charlotte, what are some pros and cons? Visited a few times, but would like to hear from people that have moved down there...
Fellow banking bros on Fishbowl, Charles Tyrwhitt shirts are definitely worth the price
HF, PE, or stay in banking, and why
For those of you who have dealt with ppl in RM (relationship mgmt) in FO units, what are your thoughts on them and their jobs?
I’m interviewing for a product management and trading role - didn’t really know about the trading part. What type of questions should I prepare for a trading interview? Only have a few hours :)
It really depends on the nature of the 15 layoffs. Underperformers, bad team, team covering deprecated product. Chaos can be an opportunity on either side.
No, that's great advice! I'm definitely on the right side of the changes. I'm running the projects that are implementing the new technology. And that's great news, congrats to you on your recent promotion!
Layoffs could mean a number of things, including the company needs to make cutbacks. This could be a bad sign in that this is the beginning of more layoffs, but with your company being on the smaller end, that might indicate that the company is in financial trouble. However, it could be a good sign for you, as you could be promoted more easily, but I would hold out and see what happens next.
Thank you for the advice! I will stick it out for sure and see where this takes me.
It really depends on who was let go. There could be more room for growth if you are able to take on some of their work. These people could be recruiters or HR which would not leave room for growth, or could be some underperformers/people that do not go above/beyond, which could leave some new positions open. Its good to look at the type of role being let go and why to answer this question fully.
Seems like a you already know the answer then.
It would have been a bad sign if they’d been kept on.
So long as the area you are in is healthy then you should be fine.
Bad for the people getting laid off.....could be bad for you later but it really just depends.
Do you have any idea on the reasoning behind their layoffs? It could just be for reorganization in which they let go of those whose work is not considered relevant anymire to the goals that the company is trying to achieve. In which case, you're safe. If it was for lack of funds, then that would be a bigger issue.
Yes, they called it a reorg. I think you're right, there's nothing to worry about. Only jobs that have been replaced by new tech have been cut.
It's not necessarily a bad sign. Most of the time this happens because of unsatisfactory performances.
Chaos is a ladder