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Layoffs at Walmart corporate 😬😬
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I hate to be the bearer of bad news but MBB isn’t hiring a laid off Deloitte Consultant
Chief
Which practice at D?
Laid off early July. It hurt for a while..
Working at an MBB and I don’t think we are doing lateral hires except in exceptional cases where the individual has extensive industry knowledge or experience. Feeling for you 😔
Thank you - it’s been tough, so I’ve been really casting my net wide beyond MBB. Other big 4, boutiques, tech firms, banking. Given the downturn, finding anything would be a blessing for me
What is your ethnicity?
D2 thanks for sharing but it says I don’t have access to view it.
Were you tagged as strategy at Deloitte?
Sorry to hear OP, same boat. At least we can blame it on Covid. This is our “2008” crisis
the reality is that all the consulting firms are going to suffer from this COVID recession. All of them will have more layoffs coming down the pipeline - big 4, MBB etc. A conversation with an MBB partner a few months ago ..... thinks the industry will suffer a significant drop (I can't remember the figure they quoted but within the range of 30-40% downturn in business) so no way they can all sustain the size they have right now. the big 4's do have the advantage of the accounting side, although they have not been doing great from adding significant margins).
Perspective to consider as you look for next role..
I think experienced hiring is frozen right now unfortunately...