Got laid off from EY. Got offer at McKinsey. FTW. Utilization is not the only way to track success. Leaders should be smart about it. Still love people at EY.

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Congrats! Good for you🎉🎉🎉

like

Never worked at EY, but I'll tell you this much last year (2015) I missed my target by 25% and got promoted. There are other ways to measure success and some orgs (and some leaders) see that. Godspeed to you!

like
Recent IconRecent

Deloitte people: "yeah I heard McKinsey is so bad they just hired a reject from EY! DBB!"

like

"So they toss it and leave it
And I pull up quick to retrieve it"

like

Welcome

like

That utilization shit is so dumb... Get emails about it and can't figure it out for the life of me. Congrats either way- you're in a great spot now. What position are you joining as?

like

Wish that were true at D...

like

OP- can you share some details? How you made the connection with McK?

like

@EY.. first of all congratulations. Which practice were you from ? My practice had several layoffs recently. What lever were you in EY ? Really interested to know because i have tried to get in McK in past so any tips would be really appreciated!!

like

Yeah please share if you can - uncle D broke up with me a few weeks ago and looking to make some connections into McKinsey...

like

Well to be clear I negotiated severance and left on my own terms. Forced ranked a 4 at year end after a return from maternity leave. Total bs. But I signed paper work not to sue in return for severance

like

Congrats OP and good luck!
To everyone else "laid off and trying to connect with McK" - don't kid yourself. This is the exception.

like

Joining as Associate.

like

I have an MBA and industry experience of 7years and 1.5 years in consulting.

like

Also, i had started connecting with McKinsey team around June itself. So, the process was on its way, much before I got laid off. The lay off just helped me prepare better and harder. Looking back, EY paid me severance and helped me getting in McKinsey.

like

Please share! Looking to jump from pwc to mck

like

.

like

Without divulging too much - I was a Senior 3 at EY and got laid off due to utilization. The leadership totally overlooked my work. I started connecting with McKinsey through LinkedIn. Finally got offer on Friday. My functional expertise did play a huge role in my selection.

like

There is a chance that someone completely made this up

like

Yes. Big time. I had a great offer from Amazon AWS paying me 35% more salary. Had to let the short term gain go for long term benefits

like

Related Posts

Lots of people leaving WK Portland it seems. Layoffs or voluntarily?

like

Hi Sharks 🦈,

Need some suggestions: My current company is on a layoff spree and 2 rounds are already done and I can foresee another round coming very soon.

While I am trying to switch to other companies, I’m not able to reveal the real reason from my side for the job change, as if I say, it’s because of layoff fears than it’ll reduce my negotiation power.

What other reasons can I give as I’ve just completed 9 months here and it’s too soon for any other company to take me in.

likeuplifting

hey, I joined Deloitte in June 2020 as an GPS SA analyst, I just staffed on internal project only providing me adjusted utilization. Now my standard util is 40 and my adjusted is 105... and this project last in another month... by then my standard util might be 20.. will my promotion be affected by this? My target promotion year on TOD is 2022. My manager said we might sell to client and extend this project in September but nothing guaranteed.

like

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

like

Thoughts on leaving PA primarily due to the metrics based culture (utilization, dtc, use of X digital tool, revenue, margin, etc). I find this aspect of PA stressful and exhausting but not sure if this is something you just get used to. Currently a manager and seems like the metrics just change over time / don’t get easier.

like

How long did it take you to find a new role once you committed to a job change? We are expecting our organization to change directions and our team need to make some changes. While I plan to make the change proactively rather than being laid off, I am also looking at my savings account to make sure I have adequate funds in case I get surprised. Thank you for your advice! I also welcome any firms to look at for ERP, Oracle preferred, consulting, implementation, and support.

like

Did Epsilon just go through a round of layoffs ?

At any level above Senior, how do u manage the relationship between utilization and realization, which is an inverse relationship. Seems to be either blow the budget (and write it off), or eat a lot of time.

like

how many employees got laid off from zs in recent days and which job profile has been affected the most?

like

I have chronic health issues and I’m severely depressed. I can’t even get myself to work anymore. If I don’t quit, I’m in serious danger of being fired. I feel that I need to just quit and take time off to get better but feel that it will be a stain on my career. I’m a pretty junior lawyer. Any advice. I just can’t do any work at all and I’m my anxiety and depression is spiraling out of control. I see a therapist I try to cope and it’s not working.

like

Blue shield of CA fired 375 people. Any other insurance companies having massive layoffs?

like

Has Deloitte gotten laid off yet?

likefunny

How is it that every company complains they can’t find workers yet 9/10 posts on linked in the last few weeks are all about layoffs? And just taking a look at the jobs in your are…why does every job suck and want to pay you 45k?

like

Random partner asked a litigation-related question to a partner I frequently work with (i’m a transactional associate). My partner cc’d me and said for me to briefly look. Asked the library. They got me a great case. Sent it back. Now the random partner is asking for more cases in another circuit.

I haven’t done caselaw research since 1L and this isn’t even my practice… wtf do I do (I am fully utilized in my normal work and have a few deals closing soon…)

like

Just found out I got laid off. Cheers to the weekend 🍺

like

Digital strategist with tons of experience soup-to-nuts. At this for more years than I care to think. Any tips on finding opportunities client side? It’s only a matter of time before layoffs start

like

What were some challenges y’all faced this week?

I’ll start. Trying to get non local resources utilized. National Leadership thinks this is the answer to our problems but local leadership is hesitant.

Should people be fired for lack of people skills?

like

When leaving as an audit manager, if you’re going to a competitor and they ask you to leave the day you give notice, do they always pay you out the 2 weeks or are you technically fired?

like

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?

like

More Posts

Has market correction happened for L7s? What is the avg fixed component for L7 and L8 after market correction.

Talking about D&S and C&I

like

Hi Fishes,

I have 11 Years of Exp in Dev.

I am being considered for Dev Manager L6.

I understand L6 also has Lead Engineer Position.

Will there be conflicts between Tech Stream and Management Stream ? Generally who has more authority ?
I have just got 35% hike on Fixed, resulting to 36 LPA (42 Inc All ) This is my first offer
What is general exp on Negotiating by bringing other offers ?

P.s. please share your experience and request to avoid "depends on project".

like

Novo: guys, there's been Labtop theft at the office before, what should we do to prevent it? Normal ppl: better security? Novo: Na, just lock up your laptops and if you don't, we'll confiscate it

like

CSM in Adtech, looking for comparable salaries in tech space for CS/CX

- 10 years experience
- 2 years in current CS role with enterprise accounts
- Operations lead / Ops experience promotion
- Remote

like

can we change our team to different team in PwC. Company achi hai par kaam team mei bahut zada hectic hai yaar. health ki to lag gayi

like

Hi guys what does the rating of 2.7 in pms portal mean? Is it good or bad?

like

I’m a first-time prospective lateral likely to get an offer shortly. I just received a lateral questionnaire that requests billable hours, rates, fees collected, etc. for the last three years. Forgive my ignorance but is this normal/standard? Do people actually answer these honestly? One of the reasons I’m leaving my firm is there isn’t enough work in my group so of course my hours are low.

like

Does anyone have any book recommendations for information on buying a house?

like

Can your spouse be employed in Google and getting RSUs?

likehelpful

What are some good trips to do with Bonvoy points in the Northeast (thinking more spa/relaxing vs touring cities) e.g Berkshires, Vermont etc

like

Hello Fishes, Looking for referral for MERN stack dev position , I have total 8.5 years of experience currently serving notice period and can join within 20days , Thanks in advance

Best Clothing brands. Drop in your suggestions:

Shirts:
1. USPA
2. Peter England (Formals)
3. Allen Solly ( Comparatively cheaper than other brands)
4. Superdry
5. Levis

Polos:
1. Superdry
2. USPA
3. Calvin Klein
4. Allen Solly
5. Tommy Hilfiger

Tshirts:
1. Levis
2. Superdry
3. USPA

Wallets:
1. Tommy Hilfiger (Buy from Myntra)

Briefs:
1. Calvin Klein
2. Jockey - Only Tactel series

Trunks:
1. Jockey - Only Tactel series
2. Calvin Klein - Established series

Vests:
1. Van Heusen
2. USPA

helpful

Guys off topic
D laptop pickup ke liye formals me jana padega kya

like

Anyone starting to hear anything regarding salary increases due to inflation?

like

What is the payout to front end consultants with 3-4 years in MBB ?

like

Any walk-in interviews in Pune? Please Help

like

I was laid off, and I am now trying to pick up freelance while also on unemployment. Last week I made roughly double my UE benefits from a freelance job.

Does anyone know if this will disqualify me from future UE benefits, even though it was a temporary, one-time job?

like

Anyone following the ATP Cup?

like
like

I am a fresher ca with prior global audit experience

Please help me refer

Additional Posts in Consulting

Anyone trying to file resident taxes in Illinois and ineligible for e-file due to Illinois + other state wages not equaling total wages? Illinois reports full wages, other state reports wages worked.

like

Has Deloitte gotten laid off yet?

likefunny

with the way the economy is going, would a new car be cheaper end of december or later first quarter next yr?

funnylike

What is the value in professional certifications? ACCA, CFA, CIPD, etc.

like

Opinions on Apptio?

like

Anybody else think their social life is too much? I can't recall the last time I had me time. I even go out Thursday nights after coming home. How to say no when it's different people all the time?

like

Any recommendations for a leather laptop/messenger bag than can carry 2 laptops?

like

Hertz or Avis, and why? Hertz for me because everyone I know that uses Avis says it takes forever to earn free days.

like

Is anyone in school part-time? If so, what program are you in?

like

What's the pay for a SC in Advisory after promotion? Just got the call :)

like

I saw a comment on here from someone referencing a book about organisational Psychology and working with different types of personalities, but I can’t find the comment/thread now. Do any of you have recommendations on this topic?

like

Gift ideas for a close guy friend that got promoted to manager?

like

Post MBA career goals that do not involve returning to consulting (or banking)?

like

When they say utilization doesn't count for the month of May/June what exactly does that entail? I'm assuming being on the bench for those months will still show on personal utilization reports...

like

Best books for learning tactical business management, strategy, and growth? Looking for more meaty than "Playing to Win" - willing to read good textbooks. Have read plenty of leadership dev books.

like

Poll: What dress code do you follow at your home office?

Who are the top consulting firms for competitive strategy?

like

How to transition firms to MBB from Big 4/ACN when you don’t really have a connection there? Randomly connect with people on LinkedIn at the office you’re interested in and hope for a referral? Can I reach out to a recruiter at the firm directly there? Currently in Tech Consulting but wanting a shift in career path to strategy or tech strategy. Currently have almost two YOE and wanting to gain insight into the process and how long that may take

like

Hi All,

Moving out of IT consulting to Product Management side in the next couple of weeks.
The new company I will join is an e-commerce division of a leading food retail group.

Any suggestions about books/ videos that I can access to learn the basics of the product side?

like

I like consulting but the multiple project workload sucks. I have 5 active projects and I’m barely scraping by on each one. I’m just surviving week by week. I could do such an amazing job on these projects if I had 2-3 instead. Sucks

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal