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Consulting

How are firms like MBB doing at this time? Are they having layoffs? Is work quantity normal?

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Can these questions please stop soon?

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MBB isn’t doing layoffs. Neither are we. We’re still selling client work, and also selling work related to COVID. Our bonuses will certainly be lower given the tough economic year ahead, but I don’t think we’ll be laying anyone off.

likehelpful
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Same here

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McK is prbbly killing it with all these gov business right now. I would imagine Bain feeling it the most due to their big PE exposure

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No layoffs or comp cuts at McK. Hiring continuing as planned and not slowing down according to the leadership.

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Related Posts

Does anyone else feel like this has been a “lost” year for career growth due to layoffs, furloughs, hiring/promotion freezes, the difficulties of all remote work, etc? Or is it just me...

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Didn’t get the MBB offer, so going FAANG

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Anyone here who was already working in the US on H1B but trying to leave consulting or laid off, ever take up an offer for a new job in Europe/Asia and transfer back to the US, either on the previous active H1B or L1?

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For those who survived layoffs and crises before, what things and actions made a difference? How'd you come out stronger? Did you pivot into something new entirely?

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Supposed to join mbb post mba. In case my offer gets postponed to jan 2021, what should I do given that traveling the world is not an option.

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Why is it that when a Kardashian sends a nude selfie to everyone it is front page news, but when I do it I get fired and charged with "harassment"? #doublestandard

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Just got my $6k severance check. I don’t need the money right now since I’ve got a bit of a cushion in my checking. Do I: 1) put it all down towards my student loan (it’ll cover half of the balance remaining). 2) open a HYSA and put it all there (currently don’t have a savings account for an emergency fund) 3) Combination of 1 & 2 4) Other?

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Networking: I’m trying to build a network with MBB employees but I’m searching for roles in another country where I’ve got minimal school connections. Should I start by building a network in my home country and ask them if they can put me in touch with someone in my target location? Or just go straight to people in my intended location with cold requests/emails? Thoughts and views welcome!

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Does MBB really crack 200k after 2 or 3 years out of ug?

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What is the best/quickest way to get laid off? Asking for a friend.

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Hard to complain about a small pay bump when others are getting laid off.

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If you get laid off. How open are you about that in future meetings and interviews?

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Just got laid off. What are the top skills I should plan to learn on the side while recruiting? Senior Associate looking for strategy and ops roles, no industry preference

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If you knew someone was going to be laid off but also knew that person was about to sign on a house, would you tell them?

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Super late bloomer, didn’t graduate college till 26, got fired from my first job because I didn’t have any responsibility, lived under the safety net of my parents until I was 27...

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I just graduated with my MHA and took the opportunity at a Tier 3 firm. My goal late in my studies was to be at MBB. What can I do going forward to still reach that goal at some point in my career? Thank you for any advice and I do regret I didn’t know about the opportunities of consulting in undergrad or early graduate school.

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Should AAE’s and AE’s be worried about getting laid off or no ?

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Do you have to work for MBB to get into PE?

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MBB, Tier 2, Big four consulting 🐠, has any of your firm or your office entered at least the first phase of the return-to-office plan? To my knowledge consulting industry has been more conservative (almost everyone is still remote) and hasn’t made any substantial moves unlike banking industry, Is that true?

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i just had an excellent review with my supervisors. we are aligned i am ready to be promoted. i will be moving from project manager to senior project manager. the catch; my company has laid off 75% of its staff, and cut our salaries by 25%. timing is unclear, since we work in the live entertainment space. what is fair to ask for? i have 7 years work force experience, am the only one in my position, touch every creative deliverable the agency makes, and updated and streamlined 10+ processes.

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Additional Posts

Is it frowned upon to take two and a half weeks PTO as a first year?

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Talking with clients & friends in the financial sector... things will prob get worse before they get better. We’ve only seen the first of layoffs and as Q2 draws to a close, shit may hit the fan 😬😑

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Does anyone know if you will still get your bonus payout during a leave of absence or will they withhold until you come back? (considering taking a leave of absence this year)

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Anybody has any contacts in Arthur Little? Have an interview lined up next week. LinkedIn not that helpful.

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Dress code for interview with DoorDash recruiter?

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Delta Marine Terminal A, LGA... Business center, is the coldest room.

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so I applied to a job about 3 hours ago (other b4) and I got and already got a rejection email. ummm any reason why??

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HR screen with a company that I interviewed with 2yrs ago (turned down offer). New position is 1 level above the previous one and I've already had two conversations with a leader in the group. Honestly have nothing to ask HR about other than pay. Anything else I should ask about?

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Twitter tech interview- any🐟 gone through a developer interview at Twitter. Wondering how their live coding interview via screen sharing is like. And the level of difficulty to expect.

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What is the best mba program to transition from consulting (Deloitte Strategy) to IBD? Is it worth it if you want to exit into PE?

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Am looking at exit opportunities and researching FAANG. Curious to understand why anyone would join Amazon which has the worst benefit of the FAANG? Can anyone share what’s better at Amazon that I am not aware of? Amazon and Facebook on sites lined up in January! So researching now!;)

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Would you rather be a PM at FAANG or generalist at MBB? And why?

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What mid-career compensation (at age 45 or so) can I conservatively expect if I pursue Corporate Strategy, and exit at the Manager/PL/EM level? Currently at 31 years of age

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Experienced hire that just finished training with new company and currently on the bench. I’m based in a small office with minimal consulting folks - should I be going into the office?

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I have an interview coming up in 2 days. My SQL skills are kind of rusty since I haven't used it for years. I'm not sure if i will be asked some SQL but it's one of the requirements. Any tips on how to get ready for it in such a short time?

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Can you status match Delta platinum to AA platinum pro?

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Got a new Bonvoy credit card. How long does it take for the 15 elite nights to be credited?

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Comp for client Director at Pegasystems?

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Any good airport shaming to share? I’ve got some choice words for EWR...

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What level is an “experienced hire” typically brought in at for MBB / b4. List YOE, company, title you came in at, schooling experience, any other relevant info.

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