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nOt laYoFfS nOrmAl ManagE oUtS
- every MD in the accenture bowl drinking and selling the koolaid

likefunnysmart

With 3.5% unemployment, jobs being added to the economy every month, and professional services being one of the largest growth areas in the past few months, then any talk of layoffs is anecdotal

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Need a Reddit-style remind me bot for this comment

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Echoes of 2020

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Consulting firms will always say that fired employees were fired based on "performance"... which is easy to say, when your "performance" is strictly the number of hours you bill. The reality is that Accenture and every consulting firm in the world will go through cycles of hiring and firing strictly based on demand within the practice.

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There’s nothing sweet about her or Accenture. The company doesn’t take care of employees

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The market is cyclical. In a good market, companies only proactively manage out D & F performers.

Right now, the news cycle offers a good excuse to cut and drive efficiencies in an organization. You’ll see people who are C players, but not terrible, get cut to make room for better performers to come in over time.

The best companies cut and reinvest in times like these to trade up.

If you start seeing A & B players moved out, time to panic. That means there are real business risks and/or macro-economic decline.

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Cut under the guise of a layoff in my experience.

The layoff happening is the typical annual laying off of the bottom 5% of performers.

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Hi!!
I am looking for a referral for Marketing/Product management role, lost previous job in a layoff.
YOE: 2.5

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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likehelpful

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