It has been a month that I have nothing to do.. will there be layoff soon? My utilization is only 30% now.. I’m so afraid of being laid off 🥲

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Posting as :
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Bump same for me in FDD

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60% here, but as a manager. Enough work to scrape by and enough to hit the gym everyday.

FDD will always have cycles. We just finished a huge overworked cycle. Can’t start firing and shit picks back up again with no staff.

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You’re probably going to be fired unless you request to transfer to audit before it’s too late

funny

The fact is you need to push yourself to get on jobs and be known as someone to keep

funny

I'm about 30% been at the firm for almost 6 months now. Tbh, idc because I am a burnt out auditor and I can appreciate this lull in TAS

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< 6 months

Just make an effort to network with MDs for projects

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I'm in M&A tax and I'm not too worried about low utilization. However, I agree things have slowed down significantly. Specifically, given that firms regret laying off m&a folks during the 2020 slowdown, I'm not too worried. My hypothesis is that there will be a significant uptick in deal work once the dust settles (i.e., valuations settle, interest rate settles, and PE needs to invest their investor's cash).

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I'm on the same boat my boy. I'll see you on the bread line.

funny

what firm?

KPMG 😂 I just joined several months ago. Not sure if it is because now it’s holiday season?

Has anyone in FDD been asked to do a rotation in another LOS?

My friend has to in another advisory group

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All these layoffs reminding me that loyalty is dead

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Somebody say layoffs?

Post Photo
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