Hi,

A colleague and me are offered a PIP or a package to leave. The fund is doing badly and needs to cut staff. Decision was made at the exec level and not involved any of my managers. Real issue is my specialty is not relevant anymore. I have very clear ground for unfair dismissal and they already let me know they are very open to negotiations.
Should I ask them to requalify this as economical layoffs ? What is the mid and long term impact on my CV to have a dismissal vs a layoff ?

Hows the industry doing in MENA right now? Any worries about a potential crash? Are firms still hiring? Based in the US and everything is tense here with the recent tech layoffs

Know this may be a long shot in terms of actual responses but:
@PPMDs, what are your thoughts on the current/impending COVID specific layoffs at your firm?

E.G. Glad for the opportunity to reduce the headcount of mid performing SMs with little/no chance of making PPMD? Sad to see a firm you’re a part of undergo such unforeseen circumstances?

I was informed today that my employment would be terminated at a tier-2 consulting firm in Toronto. The reasons for my dismissal are unclear and I would like to get legal advice on the termination agreement and severance package that was offered. Has anyone experienced a similar situation and can refer a good employment lawyer?

Lots of people loosing jobs due to Layoffs. Please ping me I can refer you in Accenture!

Review coming up. Is now an okay time to ask for a raise? Part of me is nervous if I get a raise I’ll be the first to go if layoffs happen with the way things are going right now

After you are stealth laid off, other than job search, what do you do? I assume they won’t give you work and even if they do, you can politely decline? How do you feel about you are not progressing anymore and seeing other people progressing in their career? I have no intention to make partner, but still feel a bit stuck not doing that much.

Thoughts on posting promotion updates on LinkedIn during this time? Being mindful of mass layoffs and the unemployment rate, do you think those who earn promotions should postpone posting the update?

Those let go by Y&R/VMLY&R - did you get severance and how many months?

If you still believe the election was stolen, you should be fired from your job because no client deserves a consultant with such poor critical thinking skills.

NDAs - signed my first one as a part of a severance agreement. thinking about leaving an honest review for this company, but unsure about the liabilities that come with this. (NDA mentioned no defamation) leaning on the side of letting it go, but this employer sucked BAD and i want others to know. ik its hard to give a straight answer bc it depends on the agreement, but wheres the line between bad mouthing vs your honest experience?

I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

If you were an Uber employee that got laid off, how have you been faring?

Thoughts on Veteran status and the ongoing corporate layoffs?

The partner in charge of my office had a nearly hour long conversation Tuesday with our new hire, behind closed doors. I didn’t hear yelling, but the bits I heard weren’t good. Will he be fired?

I made a couple errors at a new job. An important document to be distributed had wrong information on it, which was proofread by 2 other people. Then a couple of typos in emails, the person micromanaging me told me to send out but I didn’t fix the errors. Failed to meet a deadline but completed 95%. I was written up over all this last week, fired this week. There’s a lot more to this but I think it’s because the DM doesn’t like me.

Meta/FB laid off 11000 employees. Linkedin is full of these posts. Very sad & shocking to see this! Tough times ahead.

Tax Senior here. I’m well liked around the office, I put in the hours and work hard, I haven’t had any dumpster fire projects, but I am a mediocre performer compared to my peers (not as strong project management, communication, not as confident). I just got told they’re firing me. Should I expect severance? Have other people been fired for similar? What did you do with your career?

Hearing of layoffs with some Chicago agencies. MSL...Porter...Ketchum...others? Sign of bad economy coming? Hate to sound skittish, but I lived through 2008

Thoughts on Roland Berger’s Dubai office?

I’m in a final round interview with EY for entry level roles. Does it affect me negatively if my recruiter knows that I’ve offer from multiple other big 4 firms? I received a form to fill where It asks for any offers that I already have.

What credit card to you recommend pairing well with chase sapphire preferred for maximizing redemption? Pretty new to points and def don’t know a lot! I’m considering one of the Marriott cards bc we love Marriott or an Amex one! Any ideas appreciated 🤗 TIA!!

Bueller …. Bueller …. Bueller ….

Where is everyone?

Looking for recommendations on time management books or apps , tips in general. Have been feeling overwhelmed with all the tasks and projects lately.

I’m finding it surprisingly emotionally taxing to be constantly fighting for ways we can benefit the community when the rest of the team focuses on ways the community benefits the company.

Why is Barclays the best organization to work with?

I have been hearing a lot that Barclays is one of the best organization to work for but no one is actually helping me in what terms it is better then other organization's. Can someone please share their thoughts here

No joining bonus for early joiners
No WFH set-up cost for new joiners
The organization does provide chair/monitor/mouse/keyboard for WFH ease but then we have to return it while leaving organization.

Word limit pls check commen

Hi Guys,
Can someone refer me in JPMC , I have 3.10 YOE in core PMO. TIA

Hello - can anyone refer me to Deloitte’s GPS Cyber Practice in San Francisco?

I have been working as a product support engineer in Bangalore for the last 2 years, I'm getting 6lk per annum and searching for a job with a decent salary,over all YOE 10 please suggest to me if there any openings in your circle.

Thanks

Hey all, I needed a referral for job posted by Societe General and have the job id handy. Would be great if someone could help me with the same

Let’s talk comp — I’m a remote head of recruitment with 6 years of experience being paid 75K base plus bonuses that got me to 90K this year. I’m interviewing for other jobs, and have a potential offer at $130K base. Any idea what the market is like? Is seems like anything between 72K and $250K is possible. I have no idea what to ask companies for.

Looking to hire PsyD for our practice. The PsyD is in beginning stages of their career. Wanted to see what the salary for PsyD in Sacramento, CA area is?

Anyone else consistently recommend whole life instead of a variable or universal life for those who want permanent policies? Why do you choose one over the other?

I teach British Lit. For anyone else who teaches this, what are some of your favorites to teach? I have been doing Beowulf, The Canterbury Tales, Macbeth, Etc., but want to add something new this year

EY people- Is there a big difference between Director/ED benefits vs Associate Director?

Did you/would you get booster during pregnancy?

Any FDD Managers or Senior Managers/Directors interested in joining EY? Feel free to PM!

Looking for opinions. I’m an IW with 2 yrs experience working from home at a Fortune 500 company w/ excellent benefits, target salary 75k. I was previously offered a job at another company where the 75k salary was guaranteed for the first year. Most people make much more than this once their comp fully ramps up, but, I would have to work in the office. I declined the offer, but now the CEO wants to meet with me several months later. Would I be crazy if I asked for 100k guaranteed salary?

Private equity guys, give us the lowdown on the good, the bad and the ugly of your day-to-day hustle.

Dyscalculia-c here, so request no judgement on question. If I have 10k in 401kA and 20kin 401k2 , will I make more in growth if I combine them into a single 401k? A friend was trying to push this logic but it’s beyond me.

Hey all I was wondering a pay range for a financial compliance analyst with 3 years compliance experience and 7 years as a registered assistant preferably UBS?

Manager told me I can’t take time off for my “appointment” Interview, what do I do from here? It already scheduled with people who are really high up in the company.

Just curious, do any of you know which one pays better compensation/bonus has better trajectory, compliance/regulatory or risk management?

Are guys bothered if their SO makes significantly more than them?

How much do VPs make at your firm by department ?

Do you have Asians that are in the MD-level on your team? How would you describe them? I find that it’s difficult for Asians to climb high up in the corporate ladder (also read the book bamboo ceiling

Anyone hear of JHB Search?

My background check for Blackrock came back last week. It’s now with the background check committee. How long until I get the final OK? No, I am not a criminal. :-)

What's the best finance textbook to use to learn corporate finance on your own?

Are internal lateral moves always a huge pain?

Xerox's bid for HP is effectively dead, at least for now.

Received an offer from JPM for a branch manager position, but afraid of getting the offer rescinded due to going through bankruptcy almost 3 years ago . I’m freaking out hoping this won’t be an automatic disqualification, has anyone been through this same experience and gotten hired in?

Looking into preowned watches under <$10k resale value...patek, vacheron, or rollie?

How are equity sales/FIC sales people doing these days working from home? What’s it like day to day in this bear market/without your office setup? Very curious

Do you have a plan of action if anyone on your team gets sick with covid19?

Do you wear a suit to work every day? How formal is your office?

Is your job congruent with who you are? In terms of your beliefs, life goals, etc.