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There are not layoffs
Not layoffs technically. But artificially raised bar so borderline cases who would have been off a warning may be affected. Happened in 2020
No layoffs - BCG decided against doing layoffs long back. Maybe a higher bar for fast track promos though.
Mentor
No layoffs. We’re desperately short at some levels (SAC, Senior Con, Manager onwards) so are still hiring lots to attempt to fix the pyramid. Has led to a weird dynamic where there is a fair bit of beach time for new hires, and absolutely zero for anyone in the crunch positions
Time will tell if our approach works
Mentor
It’s up or out - it’s not guaranteed employment for life especially if you’re not a strong performer. London is actually doing way better than most markets so it wouldn’t be a place we’d do layoffs
Oh wow! Lay offs or CTLs?
Coach
Sounds like a “higher bar” leading to more CTLs