If the recession hits and you get laid off, what is your plan? Just try to job hunt? Go back to school? Move abroad? Hike the AT and create an adventure while you wait for the storm to pass? Other?

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

Drive Ubers. I’ve got a mortgage to pay 😅

likefunny

Same

Probably travel around and try to get into a remote programming position or freelance it. After about a year I’d probably go for grad school/mba to ride it out.

like

I’ve got over $200k saved (non-retirement) collecting interest in short term investment grade bonds and am adding to it with every check. I’ve been waiting for a downturn for years. Planning on starting or buying a business when fear is high.

like

throwing plenty of $$$ into the market in separate accounts. this is for a biz opportunity that I plan to start in 2 yrs or less. I have a target number and am getting close.

I have about 25 K sitting in an high yield account that I've not invested for this very reason (I know this behavior is what makes a recession come to reality) but I feel safe knowing that if push came to shove I could float for 10 months or so.

like

It’s not conservative for me I could live on $25k for almost a year even longer if I cut back my entertainment etc.

Go to my parent house abroad and wait it out.

I’m saving up aggressively right now. I’d probably lazily job search, and enjoy the down time until I find a new role.

I like the “Hike the AT and create an adventure” idea

Right? And then you’d have a cool story to tell when you returned to the job market and start talking to recruiters again. It makes it look like you made an intentional temporary transition to pursue personal passions and are now ready to go back to “real work.”

like

I, like a few others, have enough stuffed into cash equivalents that I would use the money to buy a distressed business or property. Highly unlikely my partner is laid off too;so, while we would need to tighten our belts, it wouldn't be disastrous. Hardest part would probably be managing our rent / moving to a different neighborhood.

Long haul / OTR truck driver. The last cowboys.

Related Posts

Can anybody recommend any excel courses to take for financial analysis? Modeling, valuations, etc. Any direction would be helpful.@

likehelpful

How is it that every company complains they can’t find workers yet 9/10 posts on linked in the last few weeks are all about layoffs? And just taking a look at the jobs in your are…why does every job suck and want to pay you 45k?

like

Are there anyone here that can help with finding a job in health admin or admin position not having any luck on indeed!? I’m a New York native, I just moved to Las Vegas and I worked for the state for 12 years in New York and I came here to take care of my mom and as a contract worker for state of Nevada education. I was fired for discrimination reasons and now I’m out of a job I have a bachelors degree and applied to 123 jobs on indeed to be denied because I’m over qualified. HELP ANYONE

like

Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

like

Cts vs LTI vs Tech Mahindra, which one to choose interms of job security for 8 yrs exp

like

It feels like my pay and title are lower than my scope of duties. I manage Youtube channels and do all strategy, planning, talent management, rework content for socials, reporting, graphic design, + a bunch of other stuff. Do you think I should be something like Video Content Manager? A Strategist maybe? My company doesn't have career pathing & I think they'd be happy to keep giving me more work with the same pay. TIA!!

like

Can someone advise on what would be better standard Chartered or deloitte India or EY my domain is payments Business Analyst? Priorities are of future career growth and profile weight and advantages...

like

Hello folks,
Need some advice.

I am an Associate Project Manager with 1 yr of experience in Geospatial Industry. I'm looking for a switch and I am currently on my notice period.

I am finding it hard get interview calls as I have observed the experience needed for this role is more.

How should I proceed with such less experience as I'm not willing to continue in current company??

I am not actively applying to IT sector as I come from a non-technical background.

Appreciate your response!

like

For remote folks: am I more likely to find a remote role that allows me to move around multiple times during my tenure at a big FAANG-like company, or a startup? what are things I should look out for in my search?

like

Has anyone used a career coach? Not a recruiter but someone who can give advice on making career changes. Any good names come to mind?

like

If you want to move up and because a CTE Director (or other CTE positions), are there any prerequisites to make that transition?

like

How can one transition from a Visual/graphic designer in marketing to a product designer? And what’s it like being a product designer w a visual design background? Will you completely leave behind the graphic design world or are you still wearing many hats and still fulfilling that design and creative buzz? What courses, or resources do you have to make that jump? Can my portfolio have made up projects for this? I feel like I’m starting all over in design school! Haha.

likehelpfulfunny

Bain & Company For those working in industry, how much jump would you realistically expect when moving to an MBB?

McKinsey & Company
Boston Consulting Group
Bain & Company
SAP
Microsoft
IBM

What is the minimum experience required for associate salesforce consultant?

like

I am looking to change my career from agency to product marketing or management. Are there any tips or anyone I can talk to consider making this transition? Thanks!

like

Currently working as product owner with a tier 2 Product organisation with a CTC of 33 lpa and company is quite stable and old. Just got an offer of 48 from a series B funded startup in AI, is worth taking risk ? My yoe is 10 years in Product management.

like

How did you all get into PM?

like

How is Deloitte Risk advisory cyber risk( tprm) in terms of career growth.. What kind of job it is is it technical, or business analyst, risk analyst kind of job. I am a person with 1.5 yrs of experience so less knowledge in this matters. Is it something I can make a career in it. Deloitte

like

Trying to figure out from a client relations perspective how much I need to be fluent in Google Analytics and the planning and buying process of paid media: social and search.
I want to be more fluent and speak eloquently about it so that I am well rounded in my role.
My current position doesn't allow for any hands on experience. Any advice would be appreciated in terms of how to gain the experience or course recommendations.

like

I am currently a year from finishing my PhD and was looking at VC's as a career path because I like to do meta-analysis of different climate change techs. I networked with VCs and one of them was receptive but didn't have the budget currently for a full time hire. They said they'd be interested in working with me to do a research paper over the coming semester, and was wondering if I could leverage this into a full time offer?

Is a white paper with a VC going to be attractive on my CV?

More Posts

Procter & Gamble Anyone have experience working supply chain roles with P&G? More specifically, their Customer Supply Chain Manager role? Procter & Gamble

like

binannce acct on hold??

Anyone has an alternative to an Au Pair. Wife and I were looking forward to host an au pair but can’t go through the official program since we are not permanent residents yet. Anyone has an alternative besides traditional daycare? Maybe a friend of a friend? I am in NJ. Any ideas welcomed and needed!

like

I think I want to be in relationship, but I fear that I actually am just lonely and not actually ready for relationship.
I desperatly want someone that I can spend time with, laugh with, and tell good news to amongst so much else.
I don't know what to do or if anything can be done...

Thoughts anyone?

like

Quick one fishes, do floor plans typically include the en suit bathrooms? Currently on an aggressive flat hunt so trying to size the rooms to know which to eliminate from the inspection list.

like

Minimalistic bed recs?

like

Made this creamy Tofu Peas Curry with some naan paratha

Post Photo
like

Hi, Can someone pls share my referral in wipro, capgemini, hcl or other mnc company for pune or mumbai location . Skill set: Microsoft exchange, O365, Azure AD. Yoe: 3.8yrs. current company infosys and Serving notice period with last date 14march2022.
Holding highest offer of 12 lakhs from cognizant for pune location.
WiproCapgeminiHCL Technologies Accenture

TIA

like

Deloitte India I have 5 years experience in Automation testing using selenium java. Could you please refer me if you guys have openings in Deloitte.
Thanks much

like

How many PTO/Vacation days do you usually take off a year if your employer offers unlimited PTO/Vacation days?

I just started a new job and this is the first time I’ve ran into this. It sounds nice but at the same time I hate the lack of direction. Help!

like

I need help. I constantly pick at my beard for the last two years. It is creating holes and looks terrible. How can I solve this. I tried a number of things to keep my hands busy. Also how can I grow my beard thicker?

like

Good exit opportunities from B4 for a tax senior? I cannot see myself doing this and want to get out before it’s too late. Thanks!

like

Is it possible to ask for joining bonus in ibm since I didn't request during the time of offer.. i am yet to join ibm.. Could you also suggest a good reason to ask for joining bonus?

like

Hi Sharks,

I got an offer from FTD for permanent work from home. But i am not sure about the company.. Also the market conditions are bad too.. There are many layoffs from various companies.. Looking for suggestions..

like

What are some of your favorite strategies to use in VIX since it constantly decays? Bear call spread? Or is there something more profitable?

like

I’ve got a partnership w/ two of my uncles. We have two houses on rent. we use the profit from the homes as a single pot where we pay for the maintenance expenses (different cash flow from each). We are close family and they trust my judgement. Another of my uncles wants to join for the next home we buy. How do we split/ allow their buy in to our partnership for the next home? I don’t wanna add extra accounting of maintaining expense/cash flow from the next one we buy as a larger group Thoughts?

like

🌈 Hiring PM’s! 🌈

I work for an L&D company near Denver. We build learning technologies/simulations for large corporations for mid-level managers to C-suite! I exited from Deloitte (5 YOE) and pay is nice. No travel and WFH 2-3 days a week. PM me if interested 🤓

like

Any one recently joined Indeed? Want to know if Indeed asked for a reliving/experience letter from the previous employer. I am joining Indeed in July. I am going through a rough patch with my current employer, ever since I put in my notice 🤦‍♂️ Its got to the point of them threatening to not provide a experience/reliving letter…
I can provide references and recommendations. Before leaving, I just want to ensure that I am equipping my successor to take care of my product and build it further…

like

Hi all -
Sorry for the long rant, but could use advice or just encouragement.

Got laid off for the first time in my career 3 weeks ago. I have 10 years of PM experience (mostly ecommerce & experimentation). I was fortunate in the past to have had recruiters scout me directly so this is the first time in over a decade that I am applying to everything that I’m qualified for, mostly qualified for, and way over qualified for with zero leads. Only 3 interviews thus far that didn’t go forward.

like

The turkeys nest is where you find inspiration

like

Additional Posts in Consulting

Are there any good movies or novels that show skill development - like follow through? Self-management? Money management? I read a lot of self help books so I know a lot of the theory, and books peppered with examples help, but I feel like most 1 paragraph examples don’t five justice to how hard it may be to change a behavior.

like

icelandair economy comfort... us airlines take some notes

like

Folks in NYC, any suggestions on where to watch Mayweather vs McGregor fight with a reasonable (<$40) cover charge?

like

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

like

My team surprised our SM with a secret mannequin challenge video for his birthday today (with party favors and props)! Even leadership and the clients were in on it. He's working remotely but (cont.)

like

Hilton head or Myrtle Beach for a family of four (2 kids). Is Hilton head worth the premium? We plan on staying there for a month and just wanna be close to a beach. Safety is important.

like

OTS is growing rapidly and leadership has asked us SMs to assist with recruiting. One of our needs is for cybersecurity and data privacy consultants interested in M&A e.g. CISSP, CISA, CIPP, CIPM, etc

like

Tips on going from consulting into private equity?

like

I want to do PD but also just want to get utilized.

like

Best resources/books on getting personal finance in order?

like

That feeling of knowing you worked your ass off and made sacrifices in your personal life for a promotion you were told you’d be getting at the end of the year, while receiving great feedback all year, only to be told “sorry, maybe next cycle….” 😔

like

MBB folks, do you and your coworkers even consider Big 4 people management consultants? Trying to gauge the general consensus.

Does anyone from EY have insight on layoffs? I'm seeing horror stories from other firms but haven't heard anything about EY layoffs. (Manager, FSO-Advisory-Risk)

Slow speakers drive me nuts. Slow speakers with animation in their slides make me want to bang my head in the wall.

like

Has anyone actually received their reimbursement for filing taxes in multiple states? I got told that it would process with payroll last Friday but I don’t see it in my bank.

like

When they say utilization doesn't count for the month of May/June what exactly does that entail? I'm assuming being on the bench for those months will still show on personal utilization reports...

like

Note 8 vs Apple X vs Pixel XL

like

3 Day PTO starts now...my buddy's bachelor party. Forget you, utilization.

like

🐠 Fam - What’s a good whiteboard solution for my home office? What do you use and from where do I get it? Thanks!

like

Any book recommendations on handling office politics?

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