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Recession in US will technically begin around July 10-15 when the next growth report is published. (Recession is certain because Walmart, Target and other retailers have reported profit drops to stock exchanges). The US Federal Reserve when they raised rates this month said, economic climate will continue like this until early 2024.

Every global currency is weakening against the dollar because countries and companies are building up dollar reserves for the potential recession.

So there is high likelihood that the recession could last a year, and US companies will certainly layoff people, in US, India and abroad. With democrats in power in US who are way more pro people than republicans, I would bet that they put more safeguards in to save US jobs while not caring of offshore jobs.

PS- I live in the US

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Did you receive any communication from HR regarding the same?
And from which company do you have the offer?

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No I haven't received any communication but just a question from my side. My offer is from PwC.

I don't think a MNC like PWC will do that. Dont stress yourself bro. Be calm and try other interviews. Nothing negative will happen. Stay positive.

helpful

Too much of a pessimistic thought...I don't think we have reached that stage and neither will reach atleast for next 1 year.

uplifting

In all Big4s hiring is still on a roll...they are hiring like anything

helpful

That is your problem not HR's

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Anything can happen

Terrified to see this.

Related Posts

Hello recruiters, happy Monday!

I want to know why recruiters ask me in an interview if I am looking at other opportunities, or if I am interviewing at other companies. If I say yes they will ask at what stage I am.

I just want to know the reason behind it and if there is a right answer to this question!

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Ok, my favorite singer comes THIS WEEK for an interview ❗❗❗
I'm excited about the opportunity of proving my capabilities, but I also don't want to miss the chance of getting a picture or maybe an autograph.
Is it ok if I ask for it? Or is it too invasive?

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Folks who do hiring, what do you think of adopting the following question in future interviews?

“Evidence suggests that teams that include a variety of perspectives and backgrounds will often produce more creative solutions and catch mistakes earlier. What background or experiences do you bring that will help broaden the perspective of our team?”

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Recently i given a interview in hdfc bank for sales manager Auto loan - but i had intermediate - distance mode ( single sitting ).. they said ur not eligible has per company policy - So did i did some thing wrong in my studies... Is it my mistake.....which is i done 1 yr intermediate. Plz suggest what should I do..... Really I need

HR is scheduling the interviews without checking time with me. One interview was scheduled and then it was rescheduled to a different time at last minute. I wasn't available at that time so I mailed the HR for a different slot. They again scheduled it for a later date without checking the time with me.

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Hi Fishes,
I am currently working with TCS as PL/SQL Developer. I have 5 years and 6months of experience. And my CTC is 6.47LPA (Including 54k variable pay) . I have cleared technical round interview at Infosys. Waiting for HR discussion. I am expecting 13LPA (including 10% variable pay). Will they offer job with this package? Or this expectations is too high?

Thanks in advance

likefunny

I'm currently in a process for senior associate at a Big4. The process began on July, yet between the first and second interview it took like 3-4 weeks. And between the 2nd and 3rd like 7 weeks. I sent an email to HR during those weeks asking for an update and didn't have an answer. Then it a 3rd one was scheduled three times (the manager didn't connect to the first 2) and next week I have the last interview with 1 partner. Is the timing normal? Or were they looking for other candidates or what?

I was initially considered for an insights and analytics Manager - experience management opportunity, aced all the interviews and the recruiter got back to me saying they really liked me but are considering me for a Senior Consultant position in order to ‘set me up for success’, and that I could be promoted to manager anywhere within 3 to 6 months..
Not super excited about the ‘drop’ in title, I currently am Sr Mgr of analytics at a Fintech managing a team of 4 FT analysts

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I will be graduating with a advanced Diploma of 3 year in Accounting and finance from Seneca school. My graduation will be next year. I am seeking advice on how to apply for jobs and what kind of jobs should I except (salary/work/etc)

I’m curious - let’s say you have a role to fill but they are targeting only female candidates to balance out the team. What recruiting strategies can i implement to meet those needs?

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Hi All, I have completed my technical interview on 6th Dec,2022 and received mail from HR on 7th Dec to upload documents on ibegin portal my status is changed to evaluated yesterday. I still haven't received any mail from HR regarding the HR interview or any further steps. What does this mean? Can I consider that I have chances or am I rejected?

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Hour long first round interview with a MM consultant friendly PE firm next week — should I expect a model? Or are they likely to fill that hour primarily with behavioral and random technical questions?

Also, if I blow it, is there any risk of burning the bridge with the HH?

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I want some advice, i’ve taken interest at BNSF Railway. I was wondering if y’all have any advice for me as i’m applying for an accounting/finance internship with them for the summer of next year. :(

Any advice for 3L job hunt? 😬

Hi
Can anyone help me how should i explain my project on which i worked in my current company to the interviewer.would be very helpful if someone can help with the basic format from start to end or else can give example of their own project.

Thanks in advance

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Hi people, Recently I've cleared all rounds of interview in Honeywell. How long it will take to get the offer letter. I've already sent my documents before 4 days. I've reached HR she said it might take some time generally. Any of you know tentative time taken to release offer?

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Any one have insight into behavioral questions for a project management role that I applied for? Any insight would be great. It would be my final interview.

Have a phone interview with Amazon for a sr technical program manager. Does anyone have advice or a heads up for what I’m walking into?

Has any joint degree applicant heard back from GSB?

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I have my final round interviews with Amazon next week! I’m going for the Campaign and Creative Manager role - any tips/advice? How did you manage 4, one hour long interviews? What to expect from a TC standpoint? I am based in NYC.

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More Posts

Hello Fish! Does anyone have experience working for IQVIA in a non consulting, corporate role? How’s the work culture?

Is making 10 times your initial salary in 25 years at the same company good progression? Started at 20k and making 210k.

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This group quiet o

Na wa

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Are there any outdoor basketball courts with rims up in the streeterville/river north/gold coast area?

like

Are we getting paid tomorrow since it’s a holiday weekend? I believe Juneteenth weekend we got paid on a Friday even though pay day was Tuesday

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Monthly rant thread. Lots of firms with a fiscal year close of Oct 1, everyone racing to the finish line with billables.

Tell us about your hopes, your dreams, your struggles, your insecurities and what made you laugh lately.

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Hello,

I have done my cyber security certificate CISSP with 9+ yrs exp can anyone tell me how can I move in to that role and how much salary I can expect l.
Thanks in advance !

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Food for thought. I had never thought about this way.

Post Photo
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This digital bowl is beat

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I’m curious if anyone knows of any NY or NYC laws around requirements for an employer to employ a certain percentage of underrepresented minority groups? Would greatly appreciate any guidance here!

like

Has anyone else ever had a near death experience where they were woken up?

Anybody at the Westin Michigan Ave this week? Drinks?

like

Any recommendations for a mattress? Cheaper the better (although I’d love the Sheraton, I can’t afford $$$$)

like

Staying downtown Columbus Hilton for my wife’s job conference and we have to use valet parking since I need to use my car to go to work every day. $40 a day, how much do I tip and is it when I drop my car off and when they bring it to me in the morning?

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Hi Fishes,

Greetings for the day.

I am jobless from the past 7 months due to the recission. Need help. I am having 13 Years of experience into Internal audit, Internal Controls, SOX Compliance, Financial Risk, Risk Assessment, Risk Management, IT and Operational Risk Management. Kindly do refer me in case of any openings in your organization. I am open for Delhi NCR, Gurgaon, Pune and Bangalore location.

like

New to insurance, please can someone explain what "capacity" means in the context of a managing general agent or coverholder in the insurance world? E.g. "An MGA securing more capacity to write D&O lines"

like

Anyone looking for qa sdet/ lead roles with infy, dm me for referrals. Looking for canditates with strong handson experience in java selenium, api frameworks.

like
like

What are your thoughts of consultants and auditors doing client work in a coffee shop, using said coffee shop’s wifi?

Additional Posts in Big 4 Discussions!

Hello Fishes,

I have total 4years of experience (joined my current company last year). Current package is 7.5LPA.
I am happy with my work life right now but need the hike. Also i am working as frontend developer (react.js) but my tech stack is MERN and i also have about 1year experience with springboot. In my current company my ctc will be revised on January,2023  as i am not completing 365 days before July 1(only missing for a couple of days). What should i do right now? What should be my ctc

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Hi fishes,
Need 11 likes to activate DM.
Thanks in advance.

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Hii Fishes,
I got offered from Societe Generale GSC and Pwc SDC, can anyone help me to choose a better option among these in terms of better work life balance and job security? CTC is kind of same in both Org. I appreciate help on these.

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Will i be blocked from Deloitte USI if I have accepted the offer and I won't join?

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Hi
Can anyone help me how should i explain my project on which i worked in my current company to the interviewer.would be very helpful if someone can help with the basic format from start to end or else can give example of their own project.

Thanks in advance

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Hey Fishes!
Would a Partner or Director mind wishing them a happy birthday even if you haven't had a converstaion with him/her and not under under her department!
P.S: Trying to Network!

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Hello friend,

Any one abscond the notice period in EY.


I Just join - 3 month.

Any one can help me for same what get happened if I do same.

Thanks for you advise

likefunny

EY GDS - 15LPA
PWC SDC - 12LPA
Which is better to join?
Also, will PWC revise the CTC , if I show EY as counter offer?

YOE - 3.5
Technology - Azure Data Engineer

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Can any one refer me to Mercer for java technology?
Yoe: 2 years
Skillset: java springboot, microservices, Rest API, Hibernate.

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Hi fishes,

Anyone aware of learning curve and financial growth in Bain Capability Center for position of Analyst- Tools and Technology ?

Please guide !!

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Deloitte India vs KPMG India
Which one has a better Forensics practice?
In terms of WLB, Pay, Growth Opportunities Deloitte KPMG

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Hi, I have an offer from Happiest Minds and EY GDS, HM offers lead data Engineer, while EY has offered Assistant Manager. I have 10yrs of experience, can someone help me make the decision? ps:- salary offered is almost same.EY Happiest Minds Technologies

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Hi Doctors,
Can a man die of schezophrenia if he do not take medicines?
Exp : 6 yrs, kava, spring boot, microservices and aws.
Curr Comp: Concentrix,
prev Comp: Citi, Fiserv, TCS and Accenture.
Thanks!

helpfulfunny

Hi everyone,

I have got the ey hr mail stating i should provide him with aadhar card, information sheet and latest resume for a audit and assurance contract for 6 months as iam a semi qualified CA.

Here my question is should i take this opportunity. Cause since this is only for 6 months. After that, what i can do, where should I try to get the job?

In mid size firms, people won't pay as much as big 4 pays.

Should I take it or am I making a mistake by taking this.

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After how many years of exp we should join tcs

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How is Accenture Research vs EY vs PwC vs KPMG

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How much does EY GDS (out of 10% on fixed) pay variable for level 42 senior consultant position.

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Hi Fishes !! I am searching opportunities in Financial Planning and Analysis role. If you can let me know or refer me ? YOE 7.5 years Thank you in advance !!

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Is PwC AC Bangalore mgmt consulting offering permanent wfh?

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Hello!

I joined Accenture 5 months back as a lateral hire ( Level 11 ) and have been a part of a project since day one.

I am not enjoying my work here, no motivation at all. Dreaded to report to work and having stress and anxiety. My manager is trying to micromanage me as productivity is on the lower side.

Another thing is, I have started to dislike my current tech and no more interested in it.
What are my options here ?
Is project release possible ?
or I have to put down papers ?

like

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