Are we still in a bad economy? Should i be worried about more layoffs

Posting as :
works at
You are currently posting as works at

I’m not sure “bad economy “ is the issue for consultants as much as “uncertain economy”. In bad times consultants are needed instead of headcount for understaffed projects. In good times the money flows. In uncertain times, money waits and that’s what hurts consulting the most. I do think we’re still in uncertain times.

like

Layoffs have slowed down since most firms have been continuously shedding for the past 2 years and haven’t been hiring, but they are still happening at smaller, targeted scales.

Definitely recommend that you stay prepared (buff up savings, update resume, etc.)

like

I'm always worried about layoffs, I think everyone is with today's world. Layoffs are out of everyone's control so just try to focus on your own work and stay on top of everything. I do try to just make sure that I always have an updated resume and am making connections that I can use if I'm ever on the job hunt again unexpectedly.

Related Posts

Hi fishes,
Looking for a job change in sales industry, currently working with byjus and having to much toxic environment these days due to layoffs . Kindly recommend .

like

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

Am I the only person who has been super disgusted to Fishbowl’s response to the Meta layoffs? I’ve been laid off twice in my career but I’m not mad at 11000 people who no longer have jobs just cause they got decent severance while I got a week on my way out. Facebook is hot garbage but I’m pretty sure 0 out of the 11000 were making those decisions. So why are you upset about it? Urgh. Y’all are weird.

like

any telltale signs of layoffs in tiger?

like

Accenture folks, seeing lots of news about layoffs at other firms here. Are we in the same situation?

like

Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

Have an interview with a company I really want to work for tomorrow. My last job I was laid off b/c of an acquisition&recently accepted a job at a diff company b/c I couldnt afford not to. I got this invite shortly after. The place I’m interviewing at the job wouldn’t start til next year. I dont want to seem like a job hopper. Do i tell them I’m at a new role or just not bring it up? The acquisition was public so they can see Im no longer employed with the most recent work history on my resume

like

Does Globant terminates the employment of certain trainees after their probation(3 Months) based on their performance in the training period? Some of the fresher trainees were laid off this morning without giving a notice or reason.

We were told that the probation period is a training period & not an elimination one. It was shocking as a few of those trainees were actually good.

like

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

like
like

What are the weirdest reasons you have heard for people being laid-off? I have heard someone getting laid off because they missed submitting their time-sheets for 3 times in a year.

like

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

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?

like

Please help him with referrals.

Correction: TC 51.3 has 15% variable.
Experience: 11 years (Marketing & Brand Manager)

Location: Bengaluru, Karnataka

#mba #marketing #branding #layoff

Post Photo

Is there a possibility of layoffs in Barclays India?

like

So are the layoffs at Deloitte over ?

Hi,

Is this a good time to join HP? As they have recently announced 6000 layoffs in 2 years.

like

Does anyone have any advice on how to convince yourself life is worth it when you think it’s not. I’m a 28 year guy, just got laid off from my job, have aspergers, have no friends, can’t find a gf, why do I even try anymore at anything

like

@PWC is worst company for freshers. They are force innocents to resign by themselves and threating then to not to mail anyone and not share this context to anyone worst company, if layoff means ok removing and threatening to not to disclose to anyone means the have lost every single moral. Don't fall trap in the brand name @PWC.

likefunny

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.

like

More Posts

Hi Guys,
Can someone refer me in JPMC , I have 3.10 YOE in core PMO. TIA

Can anyone here give a referral?

like

Has anyone experienced tokenism in the workplace? What did you do about it?

like

Hello. I just completed My Masters in Engineering (Mining Engineering) from Laurentian University. I have been looking for a job in mining or civil engineering from past 2-3 months, havent even got a reply yet, reason being i dont have canadian experience. Even though i do have 3.5 years experience from my home country, without canadian experience i get rejected at even entry level jobs. Does anyone know what to do ? please help me

like

What are the travel opportunities for a functional consultant at PWC AC Banglore and also any info about moving abroad internally

like

Hi Fishes, Need 11 likes for DM . Please help

like

I have cleared all the interviews for the HR Manager role at ICICI bank. I have a total of 6yrs exp with 1 yr as an HR. What CTC can I expect from ICICI? My current ctc is 12 LPA

like

Every damn time.

Post Photo
likefunny

Anybody looking for a senior analyst?

Hello, Im new to US and still waiting for work permission, my level in embedded engineering is entry/junior and Im really motivated to start my career in US, by chance is someone interested to hire engineer like me, I can work for free before getting my work permission, I’m located in NJ

like

I am new to .net any tips to improve...?( Any courses on udemy you would recommend or any YouTube channels)

like

Women… how in the hell do you type in those acrylic nails??? I just got my first set and it’s so damn hard!

likefunny

What are some best SAP modules for highest paying jobs? SAP

like

What’s a good strategy to take on FAR? How many hours per day and how long would it take in total to prep for it?

Wanting to do YTT for a while but haven’t had any luck finding a good program. Anyone here can share some good programs and not the very expensive ones. TIA!

like

How many hours are you on pace to bill this year and what is your year and practice?

I'll start: 1st Year / Regulatory / 1,500

like

DOT VIRTUAL CAREER FAIR

Post Photo
like

What actual stocks you all buying today? Got some cash from settled trades I want to deploy

like

Currently on H1B visa, going through GC process. What are the repercussions of visiting/traveling to Iran from my future GC/US immigration perspective? I have a family member I want to visit but not sure if this will raise red flag for GC especially

like

Additional Posts in Data & Analytics Consultants

This might be a long shot ... but I have a Statistics assignment due for tonight in a few hours

Does anyone know how to do Linear Discriminant Analysis with more than one predictor - by hand? I know how to compute in R but my professor wants it done by hand .... fml

likefunny
like

I'm non US citizen and thinking of moving back to EU. My plan is getting remote opportunities across the world and work as a freelancer. My speciality is Data analytics and BI (Qlikview, Tableau). 1) How likely I can get a gig from the US? 2) if a job looking for a remote 2-3 months contract do they care what country I'm in? 3) how can I compete Indian rates as I'm in Europe 60-70$ per hour as a BI consultant is a good rate but I see online rates as low 10$😫?

like

Any recommended courses or books on customer care/cust success analytics or marketing analytics in general?

like

Hey! For one of my project, I had to build macro to do data cleansing in excel. However template might change one day to another. Anybody knows good resources I can use to make this a sustainable ...

Does anyone work at EY in their Decision Modeling team? Not asking for answers, but just wondering if someone is able to share what concepts I should be familiar with when prepping for the case study (i.e. do I need to know how to run an LBO or is a DCF sufficient)?



like

Anyone in the KPMG Lighthouse practice that would be willing to take a look at my husband’s resume and put in a referral? He’s interested in the Associate, Data Scientist position.

Mεntal mαth in iηtervieωs. Thoughts, tips, rants, grievances?

like

It’s been ages since I’ve taken college statistics. Can anyone recommend an online course where I can review and brush up?

like

Anyone here work or has interviewed for a data science role at DataRobot? Would love to get some insight. Third interview coming up.

like

Any BCG Gamma fish? Can you please share what kind of analytics projects do you guys do?

likehelpful

I have created Algorithmic Product/System for the client to take out inventory not-in-demand for long time to save storage expense and also provide an approach to prioritize Work Orders based on Market Demand. It’s more like an Manufacturing Plan. I want to get into Product Analyst/Lead role. What approach I should take? Any books to start with? Any events to attend? Any groups to join?

like

KPMG folks, thoughts about Lighthouse relative to other big 4s? About to start the interview process. Coming from EY FSO DDnA

like

How should I move to tech as a ML Engineer? How did people here make the transition?

likehelpful

Does your company split data science roles into different practices like data & analytics and software engineering? Does this inhibit collaboration & Where does a data engineer fall?

like

How hard is it to get an interview for SWE at FAANG outside of on campus recruiting? I’m in GT’s OMSCS program right now, hoping to take advantage of career fairs this fall, but I don’t know if I’ll have enough time to prepare for the technical interviews before then. I’m worried about missing out on the recruiting opportunity and having to resort to applying online/LinkedIn afterwards. Any insights into this?

like

In the most unnecessarily complicated phrasing worthy a dissertation, what are you working on this week?

like

1) Hypothetically if you were looking to sabotage a colleague, can you code an excel document to throw off their numbers or calculations, (if you send them that document and they download it for use)?

like

Hello, Anyone here from Deloitte Omnia AI who could refer me for an open opportunity.

like

I am currently working mostly in Data Analytics, but I want to transition into Data Engineering. I've applied to a couple Data engineer positions but it seems I don't have the qualifications for them. Should I maybe look for Jr. Data Engineer positions to get experience and try to move up from there? If so anybody know of any Jr. Data Engineer positions available?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal