Does anyone know when layoffs are happening in IB?

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At MS it happened last week

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I'd like to know as well, have you heard anything?

Nope

Tuesday.

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Anyone else using their layoff as an excuse to finally pursue a new career?

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First year here. Do associates get fired for not meeting the billable requirements?

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Longshot post but does anyone have friends at City of Seattle, King County? Just recently got laid off by Accenture and I want to pivot towards work in the community, urban planning, etc. Really just want to do fulfilling work. Looking for a reference! 🙏

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I heard UKG has fired many employees this year?
Is it good for job security?

Let’s talk about wrongful termination. The other day I was fired in the middle of the day without any warning. My colleagues called me because they were confused on why the Talent Manager dismissed me from the chat. I didn’t know what they were referring to. So I called my PM to ask what was happening, and she said that she just got off the phone with the TM and said they were terminating my contract on the spot due to me speaking up about micromanaging. No explanation just kicked out. Advice?

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I have been interviewing for a new job but I keep hearing about layoffs and a recession coming. Is now a bad time to switch jobs?

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I asked for a raise and instead got laid off. Told that after looking into finances not only can they not afford a raise they cannot afford me. But I know for a fact they are replacing me with an Agency that say they can run our Social Media for 500pcm. Is this normal practice these days?

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So I've had 2 hiring managers and several recruiters from Amazon reach out to me about applying for some open positions with the company (android). I completed the coding assessment and now they want me to go through a round of 5 hour interviews next week. Is there a good chance I'll be hired if engineering managers are reaching out to me? I'm really not sure how badly I want to work for them and I don't want to be laid off months after being hired on. Anyone know what Amazon hiring is like?

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Have you been laid-off, furloughed, or fired yet? And how were you told this? Do you know anyone, personally, who was laid off?

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Do you think it is quite possible to get fired by asking too many questions as an experienced senior 1? If so, i might get fired after this busy season.

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Anyone expecting layoffs due to COVID-19? There’s an indefinite hiring freeze and most promotions and have been paused. 👀

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If I just chill on the bench for long will I still only get fired at the end of the year?

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Hey team! So I was laid off from my SDR position about a week ago. A couple months back, I had an offer for a BDR position that I ended up turning down but I really liked and connected with the manager. Is it worth it to reach out? I applied to other positions in the same company. What about reaching out to previous co workers at a different company? Not sure how to navigate this… please help. Also I’m sorry if this is the wrong bowl to post in.

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Some BS I noticed that I’d like to call out…

As we’ve all seen there have been layoffs happening left and right. However, there’s a right way to handle the situation.

Lyft isn’t one of them. I was with the company earlier this year on a contract to hire role that was ended suddenly. Then, yesterday I saw on LinkedIn that most of the team was laid off (including team lead) YET I’ve had a recruiter reach out to me to apply to my same old position with the team but…

-continued in comments-

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Throwing this out there. My company was recently acquired and I was laid off yesterday. I’m currently 6m pregnant so looking for a company that isn’t going to have a problem with my giving birth in 3m (looking for a miracle). 13 YOE in Marketing (Brand, Digital, Product, Ops). You name it, I’ve probably done it. Team management exp but not required in next role. Just looking for 100% remote, flexibility, and company that puts families first and won’t give me a hard time about doctor appts 🙏🏻

likesmart

The Current scenario of high attrition rates and job shift by taking multiple offers has been caused by a resource crunch in the market. However I have a feeling that this particular scenario of shifting jobs by way of multiple offers and getting high salary is creating a bubble in the market which will burst causing a ripple effect of lay offs due to cost saving efforts by organisations in the near future. In a scenario like this how can one change the job by avoiding the bubble?

likesmart
likeuplifting

Should I negotiate a severance package even though it’s not in my contract and it’s not required by UK law?

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