Incoming recession is scaring me and knowing how common layoffs are at my company 😣😣😣😣😣

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

That’s not a state-of-the-economy problem - that’s an IBM problem 😀

likefunny

Hey OP - come on over the 💦 is fine!

Jump.ship bud :). I'm so much happier here.

like

Thank you so much. Best wishes

Build oh shit fund and pay down debt

like

Exactly when is this recession arriving ?

like

Forensics gets more business in a recession!

How exactly? Enlighten me please

Given the culture and health of IBM I would certainly consider an Accenture move

Related Posts

Given the outbreak, are places actually going to be hiring right now? Recently laid off from 9-5 and my freelance is starting to fizzle.

like

After you are stealth laid off, other than job search, what do you do? I assume they won’t give you work and even if they do, you can politely decline? How do you feel about you are not progressing anymore and seeing other people progressing in their career? I have no intention to make partner, but still feel a bit stuck not doing that much.

like

Any layoffs in Luxoft , will there be any difficulty for bench employees

like

A friend of mine from a top tier consulting firm was counseled out. Do you consider it ethical that his career counselor is intentially spreading the information to his colleagues and to other consultants from other companies in the project? What can he do about it? Specially that he considers the potential layoff is purely based on the current situation (chargeability was low) and not on his performance (they said that his contribution to BD during his bench time was low)?

like

If the layoff is not necessarily to go through performance improvement plan, then is there a standard dashboard look to evaluate ourselves about how close we are at?

likehelpful

What are some concrete reasons why someone in consulting would be fired, other than the obvious stupid things?

like

Laid off by Deloitte. 7 years of experience in strategy and operations consulting. Need help with companies that sponsor

like

Are BAs comparatively safer than Dev’s when it comes to layoffs?

like

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

like

Looking for respectful ways to manage helping people in need of a job or seeking mentorship. I get 3-4 requests a week from mutual contacts asking if I can connect with a former colleague (always broad). Typically the ask is a 30-45 min call. I’ve been laid off, I know how hard a time it is, but equally am working long hours, parenting and want to reserve time for those I know. How do others manage these extra calls into their weeks?

like

Should people be fired for lack of people skills?

like

Any news on layoffs/recession in banking industry?

like

Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

like

I was informed today that my employment would be terminated at a tier-2 consulting firm in Toronto. The reasons for my dismissal are unclear and I would like to get legal advice on the termination agreement and severance package that was offered. Has anyone experienced a similar situation and can refer a good employment lawyer?

like

I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?

like

Coworker got fired because they stole my clients! We have a policy stating that the realtor who initiated the contact should be the one closing the deal to give them a fair chance. I feel bad but they should have read the policy...

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

More Posts

I have newly joined KGS but still at home location wfh, i was told by a colleague that they received an invite for a New year party for all KGS employees on 20th dec, does anyone receive it? Can I attend it from a different office than the base branch?

like

Hello KPMG folks, I need a referral in research and benchmarking (analyst) domain in Mumbai. Is there anyone who can help me to get this job?

like

If the layoff is not necessarily to go through performance improvement plan, then is there a standard dashboard look to evaluate ourselves about how close we are at?

likehelpful

Could someone tell me what exactly is the role of Analyst- Product development at American express.

like

Once when I was waiting tables, I had a guy pay me cash. The change was 45 cents, which I didn't give back to him because like who wants that. He then asked where the change was, and when I explained that I didn't give back the loose change, he made a big stink about how dollars and cents matter and didn't leave me a tip. He was a republican staffer on capitol hill.

likesmarthelpfulfunny

Are internal lateral moves always a huge pain?

like

Gender pay gaps (for full-time earnings) S Korea 36.7% Japan 25.7% Chile 21.1% Canada 18.2% US 18.1% UK 16.8% Germany 15.5% Australia 14.3% Spain 11.5% France 9.9% Italy 5.6% Greece 4.5% OECD

like

Newbie here. Did any one engage a financial planning service? I’m 34 with young kids, no debt, and $300k in cash. Absolutely no other financial/estate planning and overwhelmed!

likehelpful

How to become good friend of manager?

Working on a divorce where the father is claiming that he is unemployed because of the previous administration’s actions with DACA (he was brought to the States as a child). I know that the memo rescinding DACA was ultimately vacated—but OC is unsure whether this would count as voluntary unemployment for child support purposes. I believe it does as the application period to renew DACA benefits was reopened in 2020. Thoughts?

like

Hi,
PPL working in Walmart Bangalore.Have you guys already relocated to Bangalore or travelling from your hometown based on the requirements ?

like

What would be a reasonable cost of renting for a single expat dude in Singapore living in decent area ? Would sgd 4K suffice ?

like

What do you ride ? I’ll go first!
Road- Cheap unnamed road bike 🤷‍♂️

likehelpful

First ride on my new Core-5 this morning

Post Photo
like

Is anyone still riding fixed gear?

like

Can you learn to ride a bike as an adult? Where should I start?

like

Hello people. Need a suggestion and plz provide your honest inputs. I'm with EY GDS currently (3 YOE) with a package of 10LPA (before hike). Role is of Tax senior. I'm exploring roles in WELLS FARGO/JP as I am looking into profiles in investment banking. Have done masters in banking & finance, & have retail banking experience of 4.5 years. Overall 8+ YOE from scrap.
Just want to understand the salary structure and role in wells/jp if possible. What can I expect with the jump at most? Plz help.

like

Good Morning Guys . Can anyone tell me how much increment would an Analyst 3 get in the Indirect Tax profile in EY india ?

likesmart

Anyone have any experience with Veeva Business Consulting? Any success negotiating a base salary and TC?

like

Additional Posts in Consulting

Best travel life hack... I’ll start:
Getting the 2 Queen bed room @ the Westin and making the green choice. 2 nights of sleeping in a freshly made bed + pointssss

like

Have any of you transitioned from a software consulting role to a product owner role? What was that transition like?

like

If I end up quitting after maternity leave, do I have to pay back any of my leave benefits? I guess I could ask HR, but wouldn't want to throw out any warnings.

like

Honest question: how many hours do you work a week, what type of consulting do you do, and what is your position? Thinking of switching from big 4 consulting to MBB but seeking this feedback.

like

A friend of mine from a top tier consulting firm was counseled out. Do you consider it ethical that his career counselor is intentially spreading the information to his colleagues and to other consultants from other companies in the project? What can he do about it? Specially that he considers the potential layoff is purely based on the current situation (chargeability was low) and not on his performance (they said that his contribution to BD during his bench time was low)?

like

What are some concrete reasons why someone in consulting would be fired, other than the obvious stupid things?

like

Why doesn't Sean Hannity call Sean Hannity and put this rumor to bed?

like

Anyone else scroll through LinkedIn and constantly feel behind in their career? Everyone I know is exiting from MBB to VC/PE and I’m still making peanuts at Big 4. How do you deal with knowing you’re mediocre/less sharp?

like

What essential courses or books do you recommend for coming up to speed on Product Management?

like

I'm trying to buy a bigger than normal whiteboard for my home office: any recommendations?

like

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

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

Every little step matters. Hope this one makes an impact for the better of the community

Post Photo
likefunny

To those starting the year on the beach: office or home office ...or actual beach?

like

How does your firm measure utilization? I work for a small boutique that defines it as utilization = number of billable hours/2,080 and full bonus payout occurs at 80% plus.

like

Some annoying dude I didn’t like in college just joined my firm & keeps trying to message me. Do I ignore or what lmao

likefunny

What's the best way to initiate an international job search? Can we apply for work visas prior to applying to a role to get the process started? Any tips to get a leg up welcome

like

Book recommendations for a vacation?

like

Best consulting firms for work-life balance? I know consulting is chaotic in nature, but just curious to see which ones are the best in dealing with this?

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