How are folks feeling after the second round of layoffs? It looks like a bloodbath, at least in the US.

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

Does anybody know why we haven't received a firm wide email yet?? I'm on the edge of my seat refreshing my calendar

like

I’m curious to see how they address it if at all especially with interns around

likesmart

“Welcome to the jungle kiddos”

like

We need more details. You can't just post bloodbath without any indication.

like

Sorry to hear that - but good luck for the future 🙌🏻

like

Damn, I had heard rumors of it starting last week and I guess this post confirms they are continuing. So sorry to hear it OP, really wish you the best and that you land on your feet quickly.

like

Any updates?

like

I’m only barely aware of the Americas side chatter unfortunately, haven’t heard about elsewhere at all

like

THE WHAT

like

How many people were impacted?

like

OP WTF??

funny

Lol sorry I should have elaborated but some of us got a 15 min “check-in” on our calendars. Some were laid off outright and others were offered an option of an unpaid furlough. Safe to say if you haven’t had a scary-sounding meeting on your calendar today, you’re safe.

like

They said nothing’s guaranteed but the plan is to start again in January. You still keep your health benefits

like

How many people have been fired?

like

Approximately 35 people across consulting and operations were affected. Some were just laid off and some were given option of laid-off/severance or 6-month furlough (no pay, but keep health insurance). They have a week or 2 to decide though.

like

Any idea how many people were impacted. Feel awful

I hadn’t heard about this. Feel like we will know it’s over when they send out an email?

Didn’t a lot of people in Europe take sabbaticals? Maybe you are safe if enough people took them

like

OP, did you have your semi annual review? Were you concerned after it or did they make it seem like you’d be fine?

Dang, thank you for sharing. That sucks, sounds like you haven’t been at the firm for long, or at least not long enough before projects started drying up and you didn’t have enough runway. I’m hearing some folks were actually told during their reviews last week so seems like they handled things differently on almost a case by case basis.

like

Updates?

Americas just got emailed. “Vast majority” of impacted staff have been told over the past 2 days. Not much beyond that except we’re having an Americas staff call on Friday to discuss. Likely means that if you were around/available, and you haven’t been axed, you’re almost certainly on the safe side. Guess there will be additionally clarity come Friday though. For other offices, I guess there must be varying regional labor laws around this stuff so maybe they will learn about their situation later (this is pure speculation on my part).

likehelpful

Related Posts

My temp contract has been extended. I’m relieved to be able to pay the bills, but after giving 70-80 shots a day, I literally dream about giving vaccines almost every night! Struggling to keep positive about finding a new permanent job - I was laid off at the end of April, have applied to over 60 jobs, had 6 interviews, and no offers. I can’t go back to chain retail - it damn near broke me in my 20’s, and it’s much worse now.

like

Can you still succeed in your career after getting laid off?

like

Do you have any tips/advise for someone who was laid off recently and early in their career?

like

Barclays Barclays global service center Does barclays do layoffs ?

like

The week of my wedding, my husband (PL SQL Developer 4 yoe) was laid off. That was a couple of weeks ago. Luckily I'm still bringing money in as a software engineer, but I'm looking for advice on how to support a partner who has been laid off. Ultimately I think we will be ok, but I know he's hurting / stressed / and could use a supportive partner.

likehelpful

I got am offer from UST as cloud infrastructure services-lead 1 for noida location and client is Maersk. Want to know about client and work environment. Any secret layoff is going within company..my joining date is 10th November.UST Tata Consultancy

Hello All,
I got selected in kpmg india and its been more than a month ,I hv not been alloted any project, what should i do ,should i keep my options open outside?do they lay off?

like

I think everyone will agree with this that in last 1-2 years we have seen a tremendous change in Indian IT industry and tremendous growth in Salaries and negotiations. Can someone explain me the factors that are triggering it even when the world markets are in huge correction phase and we are also seeing layoffs and revoked offers.

like

Has anyone ever been "let go of"? Either laid off or fired. How did you get through it?

like

How long can you go without having anything to do before you get laid off?

like

Heads up -- UHG just commenced mass layoffs within Sales and Network and other divisions. We're talking Directors, Sr. Directors, and VPs axed. Next round is in November. Foreshadowing Recession!

like

Anyone around the Philly area want to be friends? Recently got laid off, and don’t have any friends around the area so yeah🙃

like

My LinkedIn feed was absolutely filled with layoffs today. What happened? A month or two ago it was a candidate’s market and the offers were great but now everything has shifted. I was informed that I am not getting a promotion that I was gunning for, and when I pushed back about being fairly compensated for my work the response about it not being a good time to ask was really ominous. Anyone else feeling bummed?

likehelpful

Is Accenture canada expected to do layoffs?

like

I recently cleared all rounds of interview for Mindtree and waiting for the offer letter. However, since Mindtree has been recently acquired by LTI, is there any layoff expected to happen in Mindtree?
Kindly pls give me an idea about how the situation is now in both companies.

like

Hearing there were some layoffs today…

like

Hey guys I also got laid off at D. 1 year experience as a BTA>S&A>CCG. Would anybody mind helping a mate out with any referrals? Would love to discuss over DM. Appreciate your help, thank you so much!

like

Hi Fishes, I've 5.7 YOE in digital marketing and i have an offer from PS for Senior Media Analyst Role in Digital Marketing Domain. After seeing all the layoff post i'm getting scared. It would be helpful if you could please let me know if anyone if fired from Digital Marketing Domain.

DOJ is Oct 31st, i dont have more time. Please comment if you know anyone from Digital Marketing.

EY fish - when you are laid off, is it immediate the day you're told or do you get a little warning?

like
like

More Posts

Hi Guys.. I have an interview scheduled with JP Morgan Chase. May I know what would be the max limit salary which I could ask for 7.3 YOE, Java Full Stack Engineer.

like

I lateraled to a new firm and feel like I was extremely mislead during interviews. I’m absolutely fine with burning whatever bridges I’ve made here. Contemplating a no-notice resignation. What downsides am I not thinking of? New job is lined up.

likehelpfulfunny

What all companies have openings for Informatica Developer for 7.5 YOE...
if anyone has any referrals pls post
Currently serving notice period....

Anyone is a tech role in healthcare ? If so what is your title so you enjoy it?

like
like

Any books to recommend on mental strength?

like

I made an offer to a candidate today. It feels really good to make that phone call and hear the other person being happy.

likeuplifting

I joined fishbowl a month ago and while I’ve seen a couple contentious debates but I must say I’m pleasantly surprised at how respectfully ppl comment on this app even when disagreeing. Usually anonymity on the internet brings out the absolute worst in ppl; they type things anonymously that they would NEVER say in person smh. But I really haven’t seen horrible comments here. I wonder what makes this app diff frm others?

like

Person on my ATL to SFO last week was wearing a full construction respirator with a surgical mask across the front. (Like in photo, I had to photoshop it together because I couldn't get a pic on the plane)

Like... why?

Post Photo
funnylike

I paid for my kid’s college fee this year and last year thinking I will use 529 in future for second kid but now I am having second thoughts as I need little more money to buy an investment prop cntd

like

Does anyone have experience working for a ALSP? How does compensation work (pay and benefits)? Are you an employee or technically an IC? Do you have billable requirements like at a firm? How do you think it prepared you to potentially move in house? I'm currently at a firm but thinking of taking a position with an ALSP but my goal is to go in house.

anyone here with Salesforce and do product willing to chat?

like

Winter is somehow here already!

Post Photo
likeuplifting

Hi fishes,

Please help me choose the right option considering yearly hikes, promotions and good projects.

Tech stack - SAP finance
Yoe - 8.5 years

Pwc offer - 19 fixed + variable + 1.5 lakh joining bonus
Accenture offer - 22 fixed + 0-27% variable + 1.5 lakh joining bonus

like

Is it true the Feb exams are being postponed now?

like
like

Burnetters are always last to know about Burnett news. 😑

like

Has anyone heard anything new on the future of MDC and its agencies in 2019?

like

So squirrels decided to eat my engine harness (thanks Honda for your eco friendly wiring).
I got it fixed but the acceleration still feels sluggish even when slamming the acceleration on sport mode. It’s a 2017 Honda Civic turbo and used to have a pretty fun acceleration. Any ideas what could be the culprit or where to look? Things like bad ECU/ messed up turbo/ air leak?

funny

Additional Posts in Altman Solon

Does anyone in the London office know which laptops (including specs if possible) are provided to consulting staff?

Also, is there a BYOD policy? Are staff able to log into Teams/Outlook etc on personal laptops?

Interested in a manager position at Altman but want to stay in the DC area. Would that be possible?

Any AS 🐠 that can provide a referral. Have 15+ years in TMT…looking for a change. Thanks!

like

Anyobody in the Altman Solon London office willing to have a chat/look at my CV? I have 2.5 years of Analytics and management consulting experience.

like

Question about PTO - my contract says 25 days but is this inclusive of any office shutdown over Christmas/New years (if there is one?). In Sydney office if that provides some context. Thanks!

like

What were SCs doing yesterday afternoon?

What should I be expecting for my first couple months and first project? Joining out of college soon and a bit anxious on what to expect - thanks!

Anyone at Altman Solon London who can provide total comp figures for Consultant, Senior Consultant and Engagement Manager levels?

Base/bonus breakdown would also be great. Currently at a T2 generalist firm and thinking of switching, but would be good to get a sense of comp progression (Glassdoor data seems incomplete)

like

What’s the comp structure for Directors? How much is the base and how does the bonus component work?

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