Just got an offer working in the back office at Morgan Stanley approving and going over new accounts. Currently in the background check process. Am I foolish for making this job change with a possible recession/layoffs ahead?

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Not at all, just network a lot so you have options in case lay offs come. That’s key. Join employee networks, that’s an easy way to meet people in other groups

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MS notorious for doing layoffs in December - and typically back office

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That was 2019

What was your prior job? What division at Morgan Stanley? The people in wealth doing that are totally mindless

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I’d take the new job

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What's the pay

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Do you have any advice on how to live from ops in wealth management to a business analyst/project analyst type role?

First in, first out.

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Are you referring to lay-offs? Wouldn’t that imply the oldest tenured employees are the first to go? I don’t think that’s how it works

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I don't think so. However, it's better to plan for contingencies in case imminent layoffs. If the job is getting a good pay then why think of the negative.

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Long time ago I got offer at Morgan stanley and they messed me about something chronic and tried to drop my agreed wage prior to my start. I wouldn’t touch them with a barge pole

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With so much uncertainty in the economy and waves of layoffs that have hit tech especially hard... do we think there's really such a thing as a recession-proof job anymore if you're not an "essential worker"?

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