Can you be laid off if you have a decent utilization (80%+) but barely any reinvest?

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OP, stay on a project and you're good. we live and die by our ability to bill. Once you are on the bench, you are fair game for for being laid off.

P4, I think you would fit in great at Deloitte.

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Anyone can get fired. An average performer is fair game once all the fat has been cut. So many variables go into it.

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I will assume PD work since no one will enlighten the group

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Definitely not joking. If your utilization is 80%, that means you're working an average of four days a week. When you consider that most projects keep you busy more than 100%, that means you're doing nothing MORE than 20% of the time. In years when I've had utilization in the 80s due to tons of bench time, my reinvest time would probably calculate out to like 40%. I genuinely don't know what you've been doing if your utilization is only in the 80s but you also aren't reinvesting.

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Third EY1s question and 1.5 X EY2s statement

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Pdubs sounds like an awful place to work.

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P4, working and billing are not the same word. And 40% reinvest? WTF is wrong with you.

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Don’t expect a top level rating without reinvest

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P4 is crazy.

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P4 is assuming you actually bill what you work.

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If your performance sucks

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80% and no reinvest? That's a ton of time doing nothing...

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Second EY1s question

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M just worried cuz i was on 6 weeks bench. Did some proposals and reinvest. Haven't done any since a couple months though. Current rating is average (3).

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Reinvest is PD or firm development

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What if your utilization is 105% and no reinvest?

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You can always be laid off. It’s unlikely if you are currently staffed. Best way to get let go is to get kicked off a couple projects.

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Atk yes lately.

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Do people like you?

No you're 110% safe 90% of the time.

Jokes P4?

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Pros: ?

Cons:
- culture deck is something else: if they think they can do better than you, they will just let you go

- they think they’re the Yankees: if you’re batting.385, but they think there is someone out there who can bat .400, you’re going to get fired

- they will openly discuss at a meeting why you suck

- Reed Hastings' leadership style was once described as being "unencumbered by emotion". A VP once told him he's not a good listener and tends to be unempathetic.

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Ever since Risk Assurance busy season ended, I feel like I’ve been kind of coasting. I’m still getting all my work done but my utilization is slipping. With CRTs coming up, how worried should I be?

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Team is already talking about eating hours. My utilization is down cause I was in unassigned for a month in Dec/Jan. What's worse pissing off the partner or having a low utilization? -staff 1

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How do I work 55-60 hour weeks and have 50 percent utilization?

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Have layoffs been finished for the year or are more coming?

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Is anyone hearing chatter in banks/FIs about recessionary job cuts or hiring freezes yet?

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Hi Fishes,

I have been laid off due to no project in EPAM anywhere. Please help me in getting immediate job with Manual testing, API testing skills. Total experience is 7.11years ans relevant experience is 3.2years. Last da will be 20th September 22. Preferred Work from Home location.

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I have heard lay off happens in CitiusTech, is anyone aware about this

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During initial onboarding with the firm, does the first week or so count towards utilization or is there somewhat of a grace period?

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What’s the best way to negotiate more money during a contract to FTE conversion? My manager and I had the conversion convo today and he said he’d like to convert me immediately and took the action item to do so. In terms of comp he said they should already have what I’m expecting but I don’t think I communicated any FTE number to my contracting company. In this job market with all the layoffs, should I count my blessings and take what I can get or is there wiggle room.
YOE: 10

What is the target utilization for a Senior 2? Or number of chargeable hours goal? Is this ever hard to meet?

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Deloitte people. I confirm layoffs of 4 ranked individuals and this year it's been hard rankings. Many 3s forced into 4. I was on the calls. Beware. Not trying to scare. Sharing facts.

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Is anyone working somewhere with a hiring freeze right now? I started this job about 6 months ago and I'm worried I'll be the first one out now that they're officially pausing. Should I be looking for another job, and how much will this affect my resume if I get laid off?

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Thinking about starting an OF... since we aren’t getting raises this year. In all seriousness, I like being watched. But I’m too afraid to be found and get fired. My husband has a job now so maybe I can finally live my dream. Thoughts?

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Hi fishes,
Has coforge fired any employees in 2022?

How does it feel to earn less than US Consultants while also struggling for utilization

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When you say your salary jumped __x, how is that exactly calculated?

Mine was $16k (minimum wage before joining corporate) > $40k (contractor total before getting laid off) > $150k (current FT)?

Is that a 260% jump or 2.6x from $16k to $40k?
And a 375% jump or 3.75x from $40k to $150k?

Or do I calculate it by hourly rate?

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Got laid off today at deloitte. Is anyone hiring

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