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I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?
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Goldman “layoffs” are just an excuse to get rid of below to average talent that is too expensive so top performers and senior leadership get paid more. Relax, you sit on the bench for 4 months then you can be worried
Deal activity is not that down in MM. BB deal flow yes, but PE has more dry powder than they know what to do with and a recession is an opportunity for them to use it
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Goldman cut the worst performers every year pre-COVID so no surprise
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It’s also a couple hundred out of 47k employees. How is this article even making the circuit
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Reminds me of all the headlines of companies moving to Texas a couple years ago…while keeping all of their California offices and employees
If you have moxie and are a good performer you shouldn’t be worried about layoffs. Hard times breed good men, good times breed…something. Idk. I’ve had one too many bourbons
I think it’s just unnecessary FUD so banks can buy assets at lower prices. 1-5% of employees being laid off for low-performers at one of the most prestigious banks in the world should not be news.
These so called ‘layoffs’ used to happen annually pre-Covid. It’s just banks getting rid of low performers. Media is using this opportunity to scare us
New transfer from audit. How worried should I be?
Just go back to EY
Does it even say what divisions? GS is huge. Could just be HR, recruiters, low level people
I believe it’s their staffing team