I was just laid off. First time ever. What should I do? I’ve never gone through this before.

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

Sorry to hear. That’s surprising considering the job market. But, everyone is hiring. Apply to any of the big 4. You have a solid chance I’d say.

like

This. Feel free to DM me. Happy to chat and provide a referral if you’d like

Enjoy the time off before you start looking for a new gig. Also file for unemployment, print out all of your tax forms (W2s), paystubs.

likesmart

Use fishbowl for referrals. You'll bounce back faster than you think

like

which firm?

like

How important is health insurance, and is the company going to extend your coverage as part of your package? That'd be the first thing to consider after a layoff. You have a right to continue your coverage privately, but it is very expensive - but definitely something you want to figure out if healthcare is an immediate priority for you.

like

Take the time to do something you didn’t have the time to do before. Climb a mountain. Take a music/art class. Sit on the beach on a weekday. Learn first aid/CPR. Drive to the desert. Volunteer. Skydive. Start training for a marathon. Learn a new language. You’ll bounce back better than you were before, and will likely make new friends and connections in the process.

like

We're hiring

like

?

Sorry to hear OP! Feel free to DM if you need a referral to Deloitte.

like

apply for unemployment...there is usually a 1 week delay from when you can get it

like

Did they give a specific reason? Or was the firm not performing well as a whole?

You sure? Usually it’s obvious. Can you ask a colleague? My project manager got fired one Friday afternoon and asked to leave the premises immediately, escorted by security. I saw her flip out several times before they fired her yet she was genuinely shocked when it happened.

like

Go for some long walks and calmly plan your next move, don't get wound up too tight by all the options. Good luck!

Apply for unemployment
Apply for cobra
Reach out to your network for opportunities
Rest and reflect on what you want from life and where you want to go

Did you see it coming at all? How many years in your role?

What kind of firm was this?

What firm?

Sorry OP, just here to say that you are not the first and you will get through this 🤍

Dmed

Take a vacation. Easier said than done, but just take it easy if your finances allow it.

Related Posts

I have not been on a project for over 3 months. Since I joined, I have been put in training. The training got extended by a month and now it's close to 4 months since I joined and without a project.

What should I do? People say that I'm lucky to get paid without doing any work, but it is stressing me out. I need the experience. The uncertainty is freaking me out, with rumours of layoffs and the certification program and all.

How do I get into a project? How long do I have to wait more?

S&P Global I heard S&P Global recently fired so many people from Ahmedabad, Gujarat location.
Is it true?

like

Have a big interview tomorrow. The question I dread the most is about why you’re looking for a new job. The honest answer is that there isn’t enough work to go around at my agency and I want to get ahead of the inevitable layoffs. What’s the best way to tell them this? Do I just make something else up entirely?

like

Anyone know any biotechs/Pharma (ideally oncology-focused) that are looking for a VP (or even SD for the right TC) of BD/CorpDev and allowing for remote/travel models (if not Boston-based) or at least a Boston-based hybrid model? I know someone with good biotech/Pharma BD&L experience that is looking for a new role given the current biotech layoff scene. Feel free to share any company names with open roles or DM, if preferred.

Let’s talk about wrongful termination. The other day I was fired in the middle of the day without any warning. My colleagues called me because they were confused on why the Talent Manager dismissed me from the chat. I didn’t know what they were referring to. So I called my PM to ask what was happening, and she said that she just got off the phone with the TM and said they were terminating my contract on the spot due to me speaking up about micromanaging. No explanation just kicked out. Advice?

like
like

Hi everyone, unfortunately I was recently affected by a layoff at my company. About 30% of their marketing department along with other departments were all let go. I have 3+ professional experience with product marketing, digital marketing, and event management. If you know of anyone looking for marketing specialists or just want to network in general let me know. I would love to connect!

like

Will there be any impact in Fidelity Investments due to recession? Will there be any job cuts? Please update.

like

Any word on layoffs at JPM?

like

Hello! I’d like to share an experience and hopefully receive guidance.

I spent two years as an executive, and while I was providing what I believe was impactful work, and receiving praises across the board, I got fired from one day to the other without any explanation.

After a few weeks, some managers (who were under me) shared that there had been a while campaign raised against me for a couple of months by others VPs and shareholders. 1/2

like

Hi!!
I am looking for a referral for Marketing/Product management role, lost previous job in a layoff.
YOE: 2.5

Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

like
like

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

Didn't have top grades, wasn't on law review. Worked at a midsize firm and was laid off in march-- have about 3 years experience in a hot practice area. Have been applying and had some interviews at larger shops but nothing has come of it. I'm still applying to roles (not many out there) in my area but coming to the realization based on number of larger firm rejection letter that I may not find a role. Where would you go from here if you were me? Was making good money at the midsize...

like

If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?

like

Does Deloitte provide ‘reason for leaving’ during background check ? I was laid off by Deloitte US during first Covid wave. Deloitte

like

History of BCG layoffs anyone?

like

6 months pregnant and just laid off. And 40% of my severance was just taken in taxes .. I just spoke with paid family leave and I no longer qualify even though I had been paying into the program (thanks NY).. I already applied for unemployment but doctors are telling me I’ve got 10-14 weeks left in this pregnancy.. so stressed having twins and being unemployed, no maternity leave, no paychecks coming in, and I’ve been applying but not a single interview.. just ugh. 😭

like

More Posts

I received an offer for a role that is a lot more money than I thought but I still want to negotiate and see how much more money I can get. What can I say if the salary is already above average for the role in the market and city I live in?

likehelpful

Looking to move to Charlotte for work and not that familiar with the area. What are some good apartment complexes that are inexpensive but in a safe area? I don’t mind being 15-20 mins from uptown. Probably rent around $900-1100 for a 1BR 1BA

like

Any tips for someone who is a first time dog owner? Just got a puppy and would love any tips and tricks like how to potty train, etc.

Been rocking Balega and Darn Tough socks in the ED. They are the TRUTH

like

Any Big Pharma companies looking to hire a pharmacy liason/ prior authorization specialist in Chicago?

How is the work life balance in a big 4 firm for a senior in the tax department year round?

Can someone give me some insight on the CAMS prep process and exam? Time frame, rigor etc?

What is loan staffing project and non loan staffe project? Pros n cons for both?

like

What are the best consulting firms operating out of London known for / working on sustainability and energy transition topics? Many thanks!

like

What's the best area to live in as a young twenty-something female? Want to be safe but also have fun, and good food.

like

To ZSers who got onsite: How to get onsite opportunities as BTSA?

like

I have a 12 hour layover in Houston next weekend – any tips on what to do to kill the time?

like

What are some questions people ask for lateral interviews?

like

I have recently received offer from jpmc as an associate of consumer and community banking, that means job grade will be 601?

like

Happy new year

like

This digital bowl is beat

like

Ex ACN Digital Products Consultant. Looking for referrals into similar competitive firms that are rapidly growing. Any takers?

like

While in system implementations, how do you augment user adoption?

This involves training, however what other approaches and tools/solutions do you lean on?

like

This bowl is so dead y'all. Let's bring it to life 🎉 who's got fun plans this weekend?!

likeuplifting

Additional Posts in Consulting

Anyone work or know someone at E*Trade? Curious to hear about their culture and benefits

like

McKinsey & Company Has any industry experienced candidates pivot to MBB Engagement Manager before? My roommate works at FAANG as Senior Analyst (Ops, 6+ YOE) and was approached by McKinsey & Company recruiter for an EM role. He hasn’t done consulting before. Would this be too much of a risk? His goal is to pivot to PE S&O eventually.

like

This just in: Uncle Ernie telling us how shitty of a year we had and that they're stripping our firm-wide holidays so that we can be utilized more and reach our vision 2020 goals!

like

What can I do outside the office to boost my resume and be a substantially more attractive candidate for top consulting firms in ~12 months time. Working in disputes and valuation role but want to go into management consulting next year (post MBA role). I feel like my job isn’t enough because skills aren’t considered as transferable outside this field.

like

Had to fly mid week because the client direly needed me so I booked an overpriced ticket last night...landed and got an email saying client will be on vacation until next week 😔

like

Stupid question: do you get to alt-travel? Not fly home to your home office on the weekends, but use that budget to fly somewhere else?

like

Have you found using a standing desk increase your productivity? How else do you increase your productivity? I am so distracted all the time

like

Has anyone used any softwares that make it easier to walkthrough a Google slides template or PowerPoint in away that makes it easy to hit the commonly changed items? I have customers monthly that need the same intro presentation and have a templates deck but it’s annoyingly time consuming to go through every section each time to make sure I don’t miss anything

like

KPMG US announces deep pension and 401k benefit cuts. And no raises unless your one of the few being promoted.

likesmarthelpful

Is 55k as a new hire associate too low?

like

may the good Lord have mercy on us

Post Photo
likefunny

Hello, anyone at EY FSO data and technology willing to refer me for a senior consultant role? EY TIA

like

Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

like

Any other females out there dating someone who makes significantly less than you? Has it been an issue?

like

If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?

like

What are some movie quotes that you use regularly at the office that you wish all your coworkers knew?

like

Hi, I am a PhD student and I have recently started preparing for consulting. I have gone through basics of framework and have watched few YouTube videos. I am at the point where I am seeing diminishing returns by studying more books. Anyone willing to help or are there people in the same boat? Would love to connect with potential study/case buddies! TIA!

like

Anyone else hear that post-CRT partners will get fired this year in commercial advisory? How the hell does a partner get fired....

like

If I just chill on the bench for long will I still only get fired at the end of the year?

like

Who can I switch my career from operations strategy to product management in tech firms?

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