Are MBB being affected being recession-driven project cuts/losses? Bain froze experienced hire recruiting until 2023 but I'm lucky to have a final round with BCG next week. Trying to gauge risk of leaving recession-stable industry role that makes 5% less TC for now (but does not have comparable future growth trajectory). Based in East Coast.

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No, we are invincible.

likefunnyuplifting

Green dot to green BOG in one move. Love to see it

Serious question: why do people keep asking about this magical unicorn recession?

Like… everyone swears it exists but there’s no actual evidence of it, so people say t’s “looming” in the closet or something

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Because the Fed has said it will break inflations back. They way you do that is by curtailing the amount of investment and spending in the economy. There will need to be a rise in the unemployment rate for inflation to decline. As soon as the inflation print comes out, the Dow will give it all back, because the fed will have a large rate rise again.

If you get hired, you would need to be very bad at your job to be fired within a year. If you are good at your job you’ll be fine. The ratio across each level needs to be fairly stable, so your promotion timing likely won’t be impacted unless we see a 2 year downturn. We learned our lesson in 2000.

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*asking for someone else*
Hi lady fish,

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