Is now really a good time to be switching jobs? Especially going into a big market like NYC? Fears of a recession making me reconsider whether I should grow where I am or move down to NYC but run the risk of being the first laid off in the case that the economy goes bust

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NYC is a risky proposition IMO right now unless the opportunity is guaranteed

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I think it depends- do you want to be in NYC long term or are you hoping to just work there for a few years until you promote? If so is it a prestigious enough company that it’s worth it?

I certainly wouldn’t move there before securing a new job

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I think it all depends on what job. If you’re moving to a MORE stable sector (Engineering, IBD, Medicine…) I would say it’s probably fine, but you wouldn’t want to start fresh in something like Real Estate or Retail.. it just depends. Look at the stats for 2008 to judge whether the job you would be switching too is safe and sound.

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And in terms of moving to NYC - I wouldn’t recommend you move to any major city in a recession without at LEAST 6mos of your living expenses saved up. I don’t want to sound like one of those people but it’s heart wrenching seeing people ruin their finances just to live in NY.

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My observation is that in hard times, companies will first lay off more expensive talent (less so at the Analyst level, unless the company is desperate). Companies “too big to fail” / with secure long-term prospects for their products/services will be fine. Always a good idea to figure out whether a role you’re interested in is within a growth pillar of that company (i.e., a group identified in an IR presentation / earnings call as an area they are investing in).

This ☝🏼!!! When My company (large investment bank) did a round of layoffs, a while back, every person on the list was highly paid with at least 20 years. They got rid of the salaries that make the biggest dent on the budget, to replace them with cheaper talent later.

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Laid off job seeker! Let go from well known late stage startup. Sales Development Manager, and would like to continue in the XDR/sales leadership route.

7+ years in tech sales, 4 in high tech SaaS, 3 years of management experience overall, was at
Adobe prior to latest company, starting as a strategic enterprise IC, then as a GTM Program Manager for the BDR organization. 2 years prior before that in AE management. Denver Based, open to remote!

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Is it a good idea to accept offer from Europe ? Considering the recession? How bad is the recession situation and layoffs in Europe ?

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After 6 years of temporary contracts and unstable situations, I find my dream job in my dream company. All of a sudden the world goes upside down and I get laid off. I start sending hundreds of applications, with only 2 recruiters getting back to me to say I don’t have experience for the job (this is how it works in Italy). Add a terrible health situation in my family and it seems there’s no light at the end of the tunnel. Ugh. 😞

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I have a friend that desperately needs to find her next role after being laid off. She’s in the HR field and from Houston. Can anyone please give me some referrals to send to her? I know it will boost her confidence right now. Thanks in advance.

With the Deloitte layoffs looming, who’s got the best summary of DC employment law!?

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Please help him with referrals.

Correction: TC 51.3 has 15% variable.
Experience: 11 years (Marketing & Brand Manager)

Location: Bengaluru, Karnataka

#mba #marketing #branding #layoff

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Dear all,
Recently my startup company dissolved my role and laid off many people, I am looking for Project manager, Program Manager, Consultant, Business Analyst roles, please do refer me if any such openings in your company. Preferred location: Bangalore




Thanks and regards

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has anyone left this line of work and done some thing just totally different? I am currently unemployed unfortunately because I was laid off but I am wondering if continuing to do this work it’s just going to further my depression. I feel like part of my depression is the fact that I can’t hold a job but I’m also that family trauma and it’s just a lot. I’m considering becoming a waitress. Is this crazy?

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Now that layoff season has started, resume needs polishing.
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Is PwC AC doing lay offs?
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I recently cleared all rounds of interview for Mindtree and waiting for the offer letter. However, since Mindtree has been recently acquired by LTI, is there any layoff expected to happen in Mindtree?
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Resume question I've had three positions over my career one of which lasted 3 months and that I got fired from, the job search took an additional 2 months. Is it worth it to leave the 3 month stint off my resume? It might be easier to explain getting fired then a 5-month gap I was thinking

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It’s January. Better get ready for Leo B’s annual February layoffs.

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Is the hiring slowdown over? I contacted a few firms to inquire about lateral opportunities in late June/early July and was asked to check back in the fall due to hiring freezes. I wonder if I should reach back out or if it's too soon. The news about Skadden's staff layoffs this morning makes me think it's too soon.

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Hi ! Looking for advice. I’ve been with a company in BC for 2.5 years, started support role, promoted to smb AE a year ago. salary is 65k with uncapped commission. We recently did layoffs, I was kept however there have been changes & meeting quota has become difficult & we have a way heavier workload. The perks are amazing but I need to make more money. Do you think I could get a role with more money with my experience that’s fully remote even in this “recession”..thoughts?

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Anyone dealt with age discrimination at work or thought they were fired because of it? I have a strong hunch I was let go because I'm older than most of the team and they're trying to get a "fresh perspective." To me it just sounds like they're firing anyone over 50.

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If you were fired tomorrow or just "laid off" what would you do first ?

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Hi Fishes,

I have been laid off due to no project in EPAM anywhere. Please help me in getting immediate job with Manual testing, API testing skills. Total experience is 7.11years ans relevant experience is 3.2years. Last da will be 20th September 22. Preferred Work from Home location.

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LTI is Hiring for below position
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collect all subdomain
use
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