Are investment banking analysts getting laid off?

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William Blair laid off a bunch and will no longer be recruiting at MBA campuses.

Not sure of exact percentages... but had a few friends who’s entire start classes from the MBA pipeline were laid off in certain offices. The sad thing, is they didn’t know of their departure until the day before. Poorly handled.

Yes.

PWP lay offs this week

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Do you think remote hires are less safe when layoffs come or is that an old school mentality?

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Do you think independent agencies will be in better shape to handle COVID-related client budget reductions and/or losses?

Or does it not matter and layoffs are equal across the board?

likesmart

Is Accenture canada expected to do layoffs?

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6 months pregnant and just laid off. And 40% of my severance was just taken in taxes .. I just spoke with paid family leave and I no longer qualify even though I had been paying into the program (thanks NY).. I already applied for unemployment but doctors are telling me I’ve got 10-14 weeks left in this pregnancy.. so stressed having twins and being unemployed, no maternity leave, no paychecks coming in, and I’ve been applying but not a single interview.. just ugh. 😭

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I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

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Is anyone expecting agency layoffs at the moment?

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It’s so nice that every agency laying off people, have those left standing (and other agencies) trying to hustle jobs for their unemployed friends, but there are also a ton of people who were unemployed prior to Covid...so no severance, job hunting lot longer, and not earning income for longer time...hurting even MORE due to quarantine.

likesmarthelpful

I recently got an offer from Accenture but I am not sure about the job security as I heard they have laid off many employees. Need your inpur on this please.

TIA 🙏

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Is there a risk of accepting a role with Upstart currently? I seen a 7% layoff recently for hourly employees but I would be salaried. I am well aware it’s a risk in tech overall right now but curious on thoughts thanks!

likeuplifting

If we are billable on project in nagarro do we need to worry about recession for now .
One more question:
What is nagarro planning how to handle recession:
Lay offs or salary cut or stop increment.

Please anyone from leadership reply

Has anyone been able to negotiate anything extra or terms when being laid off?

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Dad got laid off. Drinking got worse. Attempted assault on sis and mom. Had to put up in hotel. No clue on next steps (legal and personal). Project is complete shit show and SM is not getting it. Idk man...

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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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Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

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Hi Sharks,

I got an offer from FTD for permanent work from home. But i am not sure about the company.. Also the market conditions are bad too.. There are many layoffs from various companies.. Looking for suggestions..

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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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Is anyone hearing chatter in banks/FIs about recessionary job cuts or hiring freezes yet?

likehelpful

Is it safe to join PWC india at this point of time. Are we expecting any layoffs?

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