Is anyone worried about the market crashing and a looming recession incoming ? With everything going on and the Japanese market crashing - is a recession inevitable at this point in time ? I am quitting my job and starting a new job in two weeks and I am worried about being laid off as soon as I start

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I'm perplexed where the doom & gloom is coming from. We're fine. Experts predicting odds of recession <40% especially if Fed cuts rates next month.

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40% is pretty high

Japan doesn’t matter and this probably has more to do with the election than real risks.

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Yeah I was thinking about global risks as well - I’m praying this doesn’t affect employment too much

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What can you do about it? Worry is about it. A recession is when your neighbor loses his job. A depression is when you lose yours.

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you'd be a fool to not expect economic pain in the near future, but what can you really do? just gotta keep living life

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Hard to worry too much about something you can't control, but I'm on brain pills so 🤷‍♂️

Anxiety meds and anti-depressants.

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Accenture folks, seeing lots of news about layoffs at other firms here. Are we in the same situation?

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Do you take the current economy into consideration when receiving job offers? For example you receive a good offer from a company like Meta/TikTok but are hesitant because they could be laying off soon or rescind an offer versus a lower offer at a more traditional and stable company that tends to be less reactionary with regards to layoffs? Not my current scenario but just curious. I would like to make a move from current employer but this economy has me spooked.

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Is it safe to join PWC india at this point of time. Are we expecting any layoffs?

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layoff news about Amazon is true or just a rumour ?Amazon

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Has Deloitte started the lay offs? Link-https://www.reddit.com/r/deloitte/comments/ww02l3/fired/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

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Is PwC AC doing lay offs?
Especially from Tech Consulting (Insurance/Guidewire) practice??

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A reminder to all: we are going through very difficult times. Please help someone who has gotten laid off if you can!

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I asked for a raise and instead got laid off. Told that after looking into finances not only can they not afford a raise they cannot afford me. But I know for a fact they are replacing me with an Agency that say they can run our Social Media for 500pcm. Is this normal practice these days?

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Know this may be a long shot in terms of actual responses but:
@PPMDs, what are your thoughts on the current/impending COVID specific layoffs at your firm?

E.G. Glad for the opportunity to reduce the headcount of mid performing SMs with little/no chance of making PPMD? Sad to see a firm you’re a part of undergo such unforeseen circumstances?

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At this point in the game it doesn't make a difference where you at everybody is getting laid off at one point or another the only thing I say is try to repair yourself for it if it happens to you

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Are PMs getting laid off now?

Maybe this is a dumb question, but thoughts on IBM right now? Got a call today from a recruiter for SAP OCM position (managing consultant ). Said they’re hiring a bunch but then I see layoffs. Huh?

likehelpful

Is current layoffs only happening in Amazon US offices or Amazon India offices as well ?

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How is the job security at Delta Air Lines ?
Do they layoff frequently?

HR had mentioned there were no layoffs at tech during the pandemic.

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Hello all,

I have got an offer from vmware but I have heard that vmware layoff employees a lot. Can anyone please put some light on the layoff situation in vmware. I am really confused

Thanks

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Layoffs. Most big firms say they're sitting on a conservative pile of cash - which I believe is true - but work will obviously not return to pre-COVID levels in the short term, probably not even in the medium term. Are Biglaw layoffs coming?

likefunny

I recently got an offer from Accenture but I am not sure about the job security as I heard they have laid off many employees. Need your inpur on this please.

TIA 🙏

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Anyone think Salesforce will have layoffs in the near future?

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Anyone hear talks of layoffs in Advisory? I know my office is laying off Assurance and BTS (Tax) staff but haven't heard much of Advisory yet.

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True or false?

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likefunny

Anyone hear talks of layoffs in Advisory? I know my office is laying off Assurance and BTS (Tax) staff but haven't heard much of Advisory yet.

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