Are layoffs are finally tapering off or slowly rising?

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It’s gonna happen in waves.

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It hasn’t even begun

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Plateauing

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I am in industry now. We have finished our transformation and are hiring. I would say it depends on where each org is in this process.

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Director to Sr director

Slowly rising my friend

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We're just not promoting people who should be, so I forsee some natural reductions from that.

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Ebbs and flows.

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

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With so much uncertainty in the economy and waves of layoffs that have hit tech especially hard... do we think there's really such a thing as a recession-proof job anymore if you're not an "essential worker"?

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Follow up post to my last post…My husband was laid off from the company where I also work. I am feeling really isolated / depressed about working and moving forward. I’m also getting to a stage where I’m really sad that people haven’t reached out to either my husband or myself to send well wishes or provide support. It’s like they don’t know what to say or I make them feel awkward so they don’t bother…I’m trying to focus on a few that have been supportive but it’s hard…Any words of advice? 😞

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We’re in such a vicious business. You give your heart & soul to an agency, a client, a brand. Then the wind changes & you’re laid off, reassigned, chewed up, spit out, on to the next. I’m tired.

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If I need Friday 4-5pm to go to a doctor's appointment, do I need to set a meeting invite to my manager in order not to be fired?

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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?

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Didn't have top grades, wasn't on law review. Worked at a midsize firm and was laid off in march-- have about 3 years experience in a hot practice area. Have been applying and had some interviews at larger shops but nothing has come of it. I'm still applying to roles (not many out there) in my area but coming to the realization based on number of larger firm rejection letter that I may not find a role. Where would you go from here if you were me? Was making good money at the midsize...

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Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

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Has there been any layoffs in paypal India. Does anyone have an idea about this?
Sae a few news articles online and it's worrying me.

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If you were an Uber employee that got laid off, how have you been faring?

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Can you get fired for having low utilization as a senior? My billable hours this busy season have been much lower than my peers.

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Why do some people get laid off and others not? Is it always utilization? Do people typically know they're at risk before it gets to that point?

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Did TBWA/Wildtype have layoffs??

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Has anyone working tech for a bank been laid off yet? Tech layoffs all over the media but no one is talking about developers at banks (who make up 1/3 of headcount in some cases)

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Does Accenture strategy (Capability network) India lay off folks every year ?

I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?

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Laid off at PwC. It was more of a relief than anything. Anyone have any knowledge on openings at smaller (but not necessarily boutique) firms? Human Capital / Change Management related field.

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At this point in the game it doesn't make a difference where you at everybody is getting laid off at one point or another the only thing I say is try to repair yourself for it if it happens to you

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Has anyone taken part of the education reimbursement program? I’ve been here for 4 years and I’m thinking of obtaining my Master’s in Organizational Leadership, but I feel like with this merger, if I started the program and then there are layoffs or too many new hires, or work just becomes overwhelming, I wouldn’t be able to complete my program. I’m already wearing multiple hats when it comes to work. Does anyone have insight on how it works/what it’s like? Thanks in advance!

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Assuming this causes a recession like in 2008, and many people get laid off, how long to take to find another similar paying job? I’m currently a strat manager in FS. Scared for job.

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Anybody from RSM work in the Tampa (or Orlando) office and have insights into culture/clients/technology? Just moved here and looking at possibly switching firms. Thanks!

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Wooohoo just landed a data project! Woohoo data! Data runs the world! Hello super high utilization! Hello cushy bonus! 🙌🏽

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I'm almost at the point of an offer, and also just started a 6 month long engagement since my utilization was taking a hit. How do you fish recommend dealing with the situation once the offer comes?

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Deliberately booked a regional jet connecting flight to avoid working on the flight... they gate checked my bag and I missed my connection. Touché, AA, touché...

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What % utilisation is considered good?
I know it depends on firm to firm, but in general?
Also, is it wise to put in CV or say in interviews about your utilization if its good?

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Wow...Massive layoffs at PwC continue. Just saw 3 of my colleagues get canned.

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Can partners comment whether Pwc is having another round of layoffs. This is so scary! Shouldn't they rid of partners who can't sell first?! Or pause hiring? Opp. cost to find and train talent again?

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Hello,

Currently, in accenture. I have had very bad billable hours and not much achievement this fiscal year. I am worried of getting fired, so i applied for another job. Got offered may be 5% above my current pay with 5k bonus, but in lower level at Deloitte. I think working lower level will give me more opportunities to learn as i think i have lot to learn. I made decision based on my gut and accepted the offer. I have not talked to anyone on accenture side yet. What you think?

likesmart

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