Are MBB doing layoffs?

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From what I know from my friends - no. But there are quite a few companies who are not doing layoffs (e.g. ZS), we are actually even receiving applications and interviewing people still.

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From what I know, no, but some start dates for specific offices getting pushed

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Any other Ekaterina K’s out there? Can you back me up here?

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Firing by performance review only (the usual lever to reduce HC). Official layoffs are too much of a PR problem for MBB

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Yes I think I've seen it as well. I wouldn't be surprised if they have internal HC cut targets, and essentially hit it by just upping the performance bar

Not here

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Isn't it dishonest to CTL an unusually large # or % of people and blame them instead of the economy?

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It’s all about optics

McKinsey - no. But my AA is going to take a hit.

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We get a performance bonus and then profit share. Profit share will take a hit because we are in investing a ton in covid relief, keeping all office staff (e.g. cooks, cleaners, janitors) paid, paying additional stipend to any employee with additional family care costs (e.g. nanny when daycare is shutdown, Uber for nanny if subway is unsafe, etc), paying additional stipend for WFH equipment, additional covid days if someone or their family gets sick with covid, extending search for those who leave, etc

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Anyone expecting layoffs due to COVID-19? There’s an indefinite hiring freeze and most promotions and have been paused. 👀

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Lots of people loosing jobs due to Layoffs. Please ping me I can refer you in Accenture!

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Has anyone moved from tech consulting to strategy in MBB's. Anyone willing to guide on how you made the move?

Is it worth moving to strategy consulting or do strategy business ops in industry?

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Curious how MBB's cybercapabilities are viewed within the cyber world. Experiences, thoughts?

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Hello All,

I am looking to transition into consulting. I see chatter on other bowla that MBB hiring is on 🔥. I have a PhD in mechanical engineering plsu 7yoe in sales and project management. Would anyone be willing to look at my resume and provide feedback and possibly referrals?

Thank you.

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How is everyone feeling amidst these layoffs? Hope everyone is taking care of themselves!

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Anyone willing to offer referral for lateral hire consulting opportunities at MBB. Is it possible to share the profile internally with someone at Partner level for consideration.
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Which level/role does MBB can offer me ?

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

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Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

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M/SM and above, why do you label a meeting as “touch point” or ask if you can have a “quick chat” when it’s something serious? Millennials like us always assume we’re about to get fired - I actually have been laid off in a meeting with that title. But at my new job, my boss asked for a “quick chat” to literally ask me to change the title of a meeting and then chat about christmas. Now that I’m in management, I want to understand it better.

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I'm about to graduate from uni and have sadly just realised that the creative industries I like aren't going to pay enough, so I want to get into consulting. Ideally in areas like marketing/branding/digital rather than MBB

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Did Epsilon just go through a round of layoffs ?

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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