Is anyone worried about layoffs?

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I thought Goldman was hiring

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I think they've happened already. They cut 10% per year in between bonus payout and the 401k match.

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If I were in fixed income at GS maybe

Why? Didn’t they already happen?

They’re done for the year

No.

I've heard my division is cutting headcount due to automation

What division

Every division cuts some every year. They don't all cut on the same day e. g. Tech hasn't gone yet. Typically the amount is 5-7% but it can vary across divisions. Even divisions that are net hiring will still have cuts

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Hi Fishes

Please advice
I am currently working in TCS (11LPA 10 years Exp)

I have 2 offers in hand. TechM with 19LPA & DXC with 25 LPA (23L + 2L Variable)

DXC hired me for Indian client .My job profile on system admin. Work will be on Legacy Technology. Do I get chance to upgrade to cloud and shift to different Client

Most of the review on DXC is negative. How will be job security and work life balance. In most review I see "termination & layoffs." How is current situation in 2022
Thanks!

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Tech company lay offs….are they soon to be inevitable?!

There is lots of companies really taking a hit in the tech space. Is this something that people are nervous about? Many seem to still be having a hiring push but with the button falling (IMO this is still just start we have a long way to go to bottom out) will that halt and layoffs ensue? And if so, which depts do you think will get hit the hardest?

Anyone have insight to what the plan is at UpStart for example?

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When you say your salary jumped __x, how is that exactly calculated?

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Is that a 260% jump or 2.6x from $16k to $40k?
And a 375% jump or 3.75x from $40k to $150k?

Or do I calculate it by hourly rate?

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