I joined my company at the end of 2023. Midway through 2024 they announced financial hardships coming and did a round of layoffs. They’ve since laid off more teams, including 3 that I support. Is it too soon for me to change companies or would I be foolish to not be looking?

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It’s good to start doing a soft job search to see what’s out there. Not sure which company you are at, but biotech seems to be getting hit hard across the board. Takeda has completed year 1 of a 3 year plan for layoffs. Year 1 was awful with thousands of cuts globally followed by good people who are nervous leaving. Two more years of layoffs planned. Seeing this across biotech with friends who work at other biotech companies.

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Start looking, just so you know what's out there. It doesn't sound good at your current company and you don't want to wake up one morning to hear that you're laid off. At least if you've started networking and looking at job ads - even going for interviews - you'll be one step ahead of the rest of your team who will also get laid off.

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Related Posts

If we are billable on project in nagarro do we need to worry about recession for now .
One more question:
What is nagarro planning how to handle recession:
Lay offs or salary cut or stop increment.

Please anyone from leadership reply

Hi all,

Seeing some posts on layoffs in barclays. Is it true and which category of Employees will fall in that list.

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To everyone that’s been laid off I just want y’all to know that I’m with you. That is why I’m doing the bare minimum until it’s my time to go.

likefunnyupliftingsmart

After rejecting big companies like Infosys,Wipro, etc. I've joined EPAM Anywhere due to wfh permanently and it's perks. But after spending 1 and half month HR called me to search the opportunity outside of EPAM, means they're laying off people. It's unfair behaviour of the organisation. I've given some interviews they're playing interview interview with me, for the hiring process technical interview then for project - technical interview, client process - starts from 1st Round.EPAM Systems

likehelpful

PwC 🐠: Be careful trying to switch competencies. A colleague of mine tried to move and got laid off in the process. Make sure you have the Partners approval first. (On the receiving end)

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S&P Global Is it wise to join S&P Global during recession time? Can we consider this company as recession proof. Any history on layoffs in the past ..

S&P Global

If you were an Uber employee that got laid off, how have you been faring?

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Hi fishes,
Looking for a job change in sales industry, currently working with byjus and having to much toxic environment these days due to layoffs . Kindly recommend .

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Employment-at-will. Is that the norm in a consulting contract (I’m moving from Europe)? Can I / should I negotiate the notice period on their side or eventually the size of an eventual lay-off?

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Is there mass layoffs happening in the industry right now? Is the rumour true? Are we back in a recession?

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Does Globant terminates the employment of certain trainees after their probation(3 Months) based on their performance in the training period? Some of the fresher trainees were laid off this morning without giving a notice or reason.

We were told that the probation period is a training period & not an elimination one. It was shocking as a few of those trainees were actually good.

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More layoffs last week at Leo B. Seems they went after more Seniors & $alaries. Thank you France.

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I have joined CGI 5 months back and my project is going to end on 31st. So what will happen after that? As there are layoffs going on in the market will it affect? I am from mainframes technology and have only 2yrs of exp. Can anyone explain pls? CGI

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

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Deloitte guys - Serious question.
How is Analytics & Cognitive doing at D? I have an offer and I am not sure if there will be layoffs again. I am on work visa so will be difficult.
Role will be for Google Cloud & Analytics. Current job doesn't suck much though.

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A buddy of mine is doing free headshots for folks who’ve been laid off in advertising. Everything helps when looking for a new gig.

Post Photo
likeupliftinghelpful

One of my senior managers is a boomerang and told me she was laid off when she was 7 months pregnant about 10 years ago. I think she was a senior or manager. She was in a specific group and everybody was laid off. It wasn’t performance based.

Would you work at your company again if you were laid off?

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Do you think independent agencies will be in better shape to handle COVID-related client budget reductions and/or losses?

Or does it not matter and layoffs are equal across the board?

likesmart

Any word on consulting or agency layoffs in Berlin?

I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?

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Deloitte USI hiring for below skills:-
1) AWS Architect
2) Azure Architect
3) GCP Architect
4) Multicloud Architect

Role: Manager - 9 to 12 yrs of experience. Dm me.

Tiger Analytics has started firing their new joineers(freshers) as they don't have adequate projects. I don't know where the freshers will go as they haven't done any project as such.

This is just pathetic from organization. They are just firing people owing to failing a test of certification, for which other company gives 3 trials but they are giving only one try with negative markings

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So took FAR today, felt good about it. For the most part I felt questions were from stuff i ready and felt was easy. Now am not sure if I got everything of it but I also know1/2

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Hi all!

Apologies in advance if this is the incorrect space for this - but my agency - Spark Foundry - is hiring at multiple levels within the analytics team. If you’re interested, private message me. A lot of growth here!

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I have been offer Agile Coach role in SCHNEIDER ELECTRIC, wanted to know about work culture, job security and any onsite opportunities company providing for long staying employees.
Early response would be much appreciated as I have to accept offer asap

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Anyone attending LIV golf Chicago this Saturday?

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Has anyone worked with Sia Admissions? If so, what’s your perception?

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Which companies are offering permanent WFH in India.

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If you can’t sleep before an interview should you ask to reschedule? As in, how bad does it look to ask to reschedule?

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Hi. Wanted to know if anyone can refer me to PwC, EY, Deloitte, Siemens Advanta, Kearney please! Looking for post MBA entry opportunities (Associate, Consultant). Thanks!

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Hi Everyone,

Are there any good Deloitte UK discount codes for hotels?

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Does anyone have any ideas on how I can help my executive manage their inbox? I assume trashing spam emails and flagging important ones, but any other ideas in terms of folder management, etc?

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Hi Fishes,
Currently working in
Citi Pune as a senior java developer. I am seeking a remote opportunity in a reputed firm. Kindly refer me. Skills : Java, spring boot , microservices, 5.5 yoe.
Thanks!
VMware

funny

What’s everyone’s post MBA goal? Has it evolved over time?

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.50 point rate cut from the Fed. This should make things lively.

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Hi All,
Onkar here.I have recently been laid off from FIS Global and I am actively looking for opportunities for java backend developer role.Preferences are payments,financial,banking domain.
Please let me know if there are any availability in your organization.
Contact :-9834952674
Experience:-2.2 years
My Techstack:-Spring Boot,Spring Webflux,Reactive Kafka,Ansible, Kubernetes (OCP),Jenkins, Cassandra,Docker.

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RIP to anyone at doner working on fairlife...

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Additional Posts in Pharma and Biotech

What does drug testing look like after you get an offer?

Anyone here work @ Novo Nordisk? I have a sales interview tomorrow morning for diabetes care specialist

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Advice on how to break into a sales position or the pharmaceutical industry? I have 1 year of experience in account management/customer service for a Biotech company, a B.S. in Cell and Molecular Neuroscience with research experience, plus the organizational and communication skills needed to succeed as a sales rep.

Open to chat— any insight or referrals are much appreciated!

What are your thoughts of switching jobs in the beginning of this recession? Would you stay if you had seniority? Current company’s a start up that has 18 months of run way but budgets are tight for next year. Acquired tons of sites and has 3000 employees. Thinking of leaving for smaller pharmas.

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What type of drug test are they going to do?

Are the recent economic troubles translating to slower hiring or lower salaries in life sciences industry? I want to transition to industry this year but am worried it may not be the best time to.

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Does anyone ever feel morally or ethically conflicted working in this space? Serious question.

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I heard a lot of people talking about Colorado becoming the next biotech hub. Is this true?

helpful

I am contemplating a new offer for Validation Lead role (non- managerial) at a Big pharma, with 4 years experience -post masters degree. Suggestions on what the compensation should look like ?

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Does anyone work for Eli Lilly? Had a few questions!

I accepted a $115K base salary, 13% bonus, 10k sign on bonus (scientist supervisor) job and two weeks later, got a $135K base, 17% bonus, and 15K sign on bonus (Senior scientist role) offer from another company. Should I accept the new offer ? How do I tell the previous company about this? Also, I’ve already negotiated with the first company and the $115K base is the negotiated salary. I really do not prefer one company over the other. They’re both great! I’m very confused here. TIA🙏

likeuplifting

What's the total comp packages look like for big pharma for Sr. Manager or AD?

Is 130-150, 15% bonus, 15k rsu in line?

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Got an interview coming up for Takeda Pharmaceuticals. Position: Marketing Intern.
Any suggestions on how should I prepare myself?

Hello everyone!

Currently looking to jump from Health Care to Pharma/Biotech. Does anyone work at Gilead and can serve as a reference? The current department I’m in, I do not fit the culture as it is a very archaic way of “managing” people. I have about a decade of a variety of work experience, majority in customer service/coordination/administration.

Would love any assistance if possible!

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Any recommendations for companies open to former senior-level agency folks? Looking to make the switch in house and have 15 years experience working in oncology

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