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Less openings potentially, and risk of LIFO for turnover if they hire and realize they need to let people go
The last part...
During 2008 I joined a firm. Within the year there was. Merger and I was let go.
The big firms are banking on incredibly low turnover this year methinks. Keeping everyone employed and not cutting current salary will generate a lot of goodwill, so I would expect exit opps if you choose to exit to still be relatively plentiful. The LIFO concern is real, though.
Interested in this as well