{ "media_type": "text", "post_content": "First year associate here - really freaked out by FS layoffs and think I might be next. How am I supposed to find another job after 6 months?", "post_id": "56bdf01032646a0a001bcbbd", "reply_count": 75, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

First year associate here - really freaked out by FS layoffs and think I might be next. How am I supposed to find another job after 6 months?

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Just get involved with business development work. Are you in AM, Banking or Insurance? Each group has a partner/director who coordinates bus dev for bench staff. Reach out to your DM for their contacts info. And talk to your RP and Coach about reinvest activities with them, or if they can put you in contact with someone. Show you are valuable.

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^agreed....there are people in every practice of Advisory being let go unceremoniously....while not to the extent of FS shit is not rose colored...remember folks...we are all disposable...just keep your options open..appreciate the good things you have, but remember this is the business world...not fucking Sesame Street

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You might think your new grad salary is a lot, and to the majority of your peers, it is. But the reality is, you are cheap labor. It's more costly to hire and then lay you off, than wait a few more months to staff you and then bill you out. Associates and EAs have the highest profit margins.

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@OP, I just typed out this long thing about all the different scenarios, but honestly it would probably just feed into your nerves..so just keep your head up..we'll all be rooting that the meeting is something positive and if it isn't your FishBowl family is here for you

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Ride the waves where they take you. Smart hard working people are always in demand. It may not be an FS job in your specialty, but you'll get somewhere interesting. I graduated law school in the mid-2000s, lawyered, temped, worked as an assistant, and eventually made my way to the career I have now.

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OP, it could also be because career assessments begin in March. You have a month to get more stuff under your belt before your RP begins evaluating you.

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We are hiring 😊

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For sure, layoffs are very different than being fired. That's not just KPMG but every company. Also... I don't think you have to ever tell new employers you were laid off or fired even previously

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As a new hire, you're fine. Stop worrying.

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Just don't assume the worst

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If you JUST rolled onto the bench I think you're fine

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Just made an anon gmail. Fwd your resume. KPMG2017@gmail.com

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Sorry for the long post, has just been a taxing and upsetting 24 hours

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Haha ok PwC2. Honestly PwC 1/2/3, you can choose to believe that the company you work for would never do this and that you aren't as disposable. Even when I saw the emails, read the fishbowl posts, heard about people I personally knew being let go, etc. - I didn't believe it until it happened to me. As FS refuses to clarify or release a statement, chances are, you won't believe it until it happens to you. And I really hope it doesn't, because it sucks. It sucks to be out of a job with absolutely no warning signs, it sucks to be out of a job because of economic factors you can't control, and it sucks to be constantly questioned by people who were most definitely not in a room with you when it happened. You can continue questioning whatever you want, but I'm not going to sit here and argue every point in my story that you're picking at on an anonymous app. It makes zero difference.

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Submitted through STARs our referral tool + emails sent out to managers/directors with open outside hiring positions, which is the real way people get hired.

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@KPMG would you really hire someone who was laid off?

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Also, stop being so negative on yourself! Get your ass up and do something so that you are too valuable to be laid off.

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No official statement on layoffs, but I saw about a dozen farewell emails last Monday.

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Someone on here yesterday said they heard a new round is gonna happen today. Haven't heard anything yet but we will see...

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EY is going through it as well, not sure about Deloitte

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