I am so confused. SO many companies laying workers off (Verizon, Ford, Pepsi, etc.) but the market is supposed to be hot and labor tight? Please someone explain......

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

Small businesses drive the bulk of new jobs

like

Different jobs. Different industries, different companies, different locations are always up and down. But yes, the labor market is tight - plenty of jobs out there. But will continue to be tough for un/poorly-educated un/low-skilled folks who don’t want to work menial or caregiving work.

like

Automation scrapes away low value-add roles. Gotta cut that run-rate.

Also, what’s true in general (strong economy) is not always true in each particular case.

Most of the layoffs are for people with outdated skills.

Related Posts

So, when we reach the point of community quarantine , I will be opening a school at my home.
Lessons will start in the garage and include sorting, writing labels, insect identification, and gym class!

likefunnyuplifting

Going to be based out of nyc soon flying to Midwest mostly. What loyalty programs are best for getting perks that benefit spouse?

like

Hello Everyone!!

Hope you all are doing great.

I will be joining NTT Data, Gurugram soon.

Please help me in knowing:
How is the company's work culture?
Is it currently WFH/WFO?
Anything that you want me to check before joining.

Thankyou!

like

Anyone enter Draw for Off White?

Is there any loophole in clearing nagarro aptitude?

Thoughts on Fundamental Media?

Why are people saying that EY will be stingy with raises this year?

like

Does interview link for Infosys scheduled for a specific day comes on same day or earlier ? @infosys

If health insurance wasn’t tied to employment I’d quit work. Would love to have a little farm and a dog but I’m very far from this fantasy.

like

Hello! I’m chatting with a head of finance about a senior finance manager role reporting to them. How do I know if it’s an l6 or l7? Thank you

like

If I was Meta or Google or Amazon, why wouldn’t I just pull out of the EU/UK altogether and avoid all the GDPR and Digital Markets Act / Digital Services Act issues? I get that fundamentally it’s as simple is revenue from those areas, but has anyone thought critically about whether direct + indirect compliance costs + risk-adjusted penalties for violations are greater than that revenue?

funny

Fishes! Currently, I am a Procurement ACon( tech implementation) but I have been put into reporting work ever since I joined the firm in November :(
It's all MS Excel and PPTs.... Though in Excel, I learnt learnt about Power Query, power pivots and intermediate excel formulas...
I am extremely scared about my future :(
Is MS Excel a good to have skill for tech Consulting?
Or how can I ask for roll off from my current project?

like

Any tips for exploring wine country? Has anyone taken the wine train? Is it worth it? Ty ❤️

like

Just found out I have Oliver wyman first round interviews this week. Anyone will to chat or have a conversation about the process/types of questions they ask?

like

Have virtual interviews tomorrow and Friday (both with same company) - I know 150% if I got an offer, I would not accept. Had a ton of coaching meetings this week regarding a different offer I’ve been considering and I don’t want to leave my current place of work. Cancel tomorrow and Friday interviews or no cancel and potentially get an offer and decline? (I am fairly busy so biggest opportunity cost is my time and having to wfh to do video interviews during the workday)

like

Do you need to retain ALL the formulas I’m BEC ?

like

Always thought I’d meet my SO at a coffee shop while working on my laptop...

likefunny

Doing taxes... out of state purchases. Read that Illinois taxes out of state purchases additionally. I have obviously bought a bunch of stuff outside of IL (e.g. via Amazon). Do I need to check...

like

Anyone consistently take Coq10? How long have you taken it? Dose? and any side effects

like

Has anyone here successfully restored / rebuilt their relationship after infidelity?

It’s been 3 months since I found out but I can’t help but feel like we haven’t made progress.

like

Additional Posts in Consulting

Ok, Friday confession. Who here actually purchased tickets or went to Fyre fest?

funnylike

Accenture peeps what is typical raise % from C to M in strategy?

like

Any recs for a good quality standing desk that doesn’t break the bank? Ideally looking for something on the larger side (debating if a corner / L shape desk would be better than a standard rectangle, but either way want plenty of room for monitors, 2 laptops, notebooks / paperwork etc). TIA for any recs and/or brands to avoid!

like

What did everyone think of Tim’s note to staff?

like

I got an email to register for a leadership program and I was so happy.... Then it got retracted. This might be my final straw.

likefunny

Consulting firms in terms of airlines and their stereotypes? Go! Looking for some humor on Sunday night

like

Why are people saying that EY will be stingy with raises this year?

like

Flying back from Seattle for 6 pm flight, anyone want to meet up at the bar?

like

Anyone in eyp restructuring willing to refer?

like

I feel I have less patience with others bs now. I’m finding it hard to deal with bs. I think it’s because my job demands so much out of me and I’m expecting the same out of others?

like

2017 raises and bonuses at ey

like

Getting dirty looks leaving at 6 is the most consulting thing I’ve ever seen

like

If you got your MBA, were most of the students interested in startups sponsored or already wealthy? I have a feeling that startups / entrepreneurship in MBA school is not for the middle-class

like

Booz Allen Singapore office is closing. Riyadh has downsized. Abu Dhabi laid off all cyber employees. Are Dubai and Lebanon next?
How does this fare for the firm’s commercial and Intl ambitions?

likefunny

Serious Question: Why is it that people want kids? Trying to wrap my head and understand.

like

Best protein powder?

like

Quitting a job after working only 3 months, should I list it on the resume?

like

What are the best books on sales as it relates to consulting?

like

Really starting to feel chunky and not a delicious double stuffed Oreos kinda way. Thinking of hiring a personal trainer or going back to crossfit. Anyone ever done both and which one did you prefer?

like

Not a professional post but has anyone else who is into EDM strangely fallen in love with the chainsmokers? They are coming out with some good stuff lately

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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