I am early in my career (2 YOE) and at a consulting firm that is up or out. I don’t have much money saved, quite a bit of debt from student loans, and have struggled with the intensity of my job. Is it normal to be chronically worried about being laid off? I’m worried I’ll be completely underwater if I am fired for performance issues. How often does that happen in your experience? Is it my anxiety or is this job as intense as I think it is?

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Is it big 4 or MBB? You’re definitely not alone in your feelings. I didn’t do well at my first consulting job and found it extremely difficult. I actually got put on a PIP after just under a year. I found a less stressful job in industry, and took the time to do a lot of self work, learn technology, and get some certifications, etc. Almost two years later, I’m feeling more confident in my abilities. I am actually considering an offer to return to consulting in a higher level role. TBH, I’m actually having similar worries again that I won’t be able to handle consulting due to my previous bad experience. My brain tells me that’s not rational due to how I’ve improved though.

If you’re worried about never being able to recover after getting fired, that’s not rational. The job market is rough, but eventually you will find another job. Nobody will know you were put on a PIP or fired. They just verify employment dates I think.

People get fired/laid off all the time in this economy. It’s a shitty feeling, but you will definitely bounce back.

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If you’ve lasted 2 years at MBB, I’m sure you are doing fine :)

Over 25 years in MBB and Big4 consulting. Former is up or out and yes, it’s effectively a rolling 6 month contract with zero security. Yes you are always anxious but that’s how it should be. You’re only as good as your last game and there is a steady stream of younger players coming through hungry for your spot on the team.

But trust me, Big 4 is worse. No up or out but it’s dead man’s shoes and dead wood colleagues. Being blocked for promotion is far more stressful.

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What kind of feedback are you getting? Is your utilization okay? Rarely do you get blindsided. If you're getting good reviews, and your staying staffed, tell you anxiety to chill. All that anxiety will impact your performance. Focus on what's in your control. The job has enough stresses. Don't make more up.

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Op. Nothing in your head counts. The question is, are you making the same mistakes or learning from them.

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Hi,

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So someone I know asked HR about a boot policy. When he found out that there wasn’t one, but his boss said there was (who gave the guys $ for boots and the claimed it on his expense reimbursements as something else) the boss got mad at him for askingHR (and in trouble for the expense reimbursements) and then 2 days later laid off my friend. There appears to be no notice of bad performance and this person always was the first person on the job site ready to work. Thoughts?

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So no real layoffs?

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.

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I was recently laid off and I am actively search for a new role. I am mainly targeting ScrumMaster, Product Analyst, and Business Analyst jobs, but I am open to others.

Must be located in Austin, Texas or fully remote.

EXP
5 Mo- Business Analyst 3
1.5 Y- Venture Capital Associate
1.5 Y- Strategic Planning Analyst

Certifications
ScrumMaster
Specialist Accounting and Finance
Specialist Business Intelligence

Contact
737-707-5156
ajaspercannon@gmail(dot)com
www.linkedin(dot)com/in/jcstrategy

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