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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PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

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So someone I know asked HR about a boot policy. When he found out that there wasn’t one, but his boss said there was (who gave the guys $ for boots and the claimed it on his expense reimbursements as something else) the boss got mad at him for askingHR (and in trouble for the expense reimbursements) and then 2 days later laid off my friend. There appears to be no notice of bad performance and this person always was the first person on the job site ready to work. Thoughts?

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One of my senior managers is a boomerang and told me she was laid off when she was 7 months pregnant about 10 years ago. I think she was a senior or manager. She was in a specific group and everybody was laid off. It wasn’t performance based.

Would you work at your company again if you were laid off?

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Working at a company and they can’t seem to hold on to their female, black and people of color employees. I blinked and 3 of the people who were in my onboarding class were either fired or they left. For context I’ve been in company less than a year and there are people who have been in the company 25yrs. I’m thinking of cutting loose before it gets to my turn.

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So... are agencies hiring, or no? I feel like one minute I’m witnessing layoffs, and the next I’m seeing job postings on LinkedIn.

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M/SM and above, why do you label a meeting as “touch point” or ask if you can have a “quick chat” when it’s something serious? Millennials like us always assume we’re about to get fired - I actually have been laid off in a meeting with that title. But at my new job, my boss asked for a “quick chat” to literally ask me to change the title of a meeting and then chat about christmas. Now that I’m in management, I want to understand it better.

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I felt very good following Dana’s Town Hall. Having heard other networks are already facing furloughs and layoffs, did you feel as encouraged?

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Fishes need ur help...my friend s been laid off without notice...any quality analyst jobs please let me know....would be really grateful 2 u all...

Am I more or less likely to be laid off if the economy tanks even more if I just started as an analyst two months ago

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With a recession around the corner - two questions:
1) will there be layoffs at Deloitte? My concern is we hired so much ppl this year.
2) will there be more work in org design? Just saw the Robinhood 9% workforce layoff announcement.

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Hey guys! Yesterday the company i worked for laid off the people in our state for economic reasons with no notice. I’m in desperate need of referral in entry level SWE/SD(or similar) positions at the moment. Any help would be greatly appreciated. Thank you!

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I was fired after I reported a partner for a serious (criminal) ethics violation. The firm covered it up. Are all companies like this in the end? I’ve lost my trust and don’t know how to start over.

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Hi Fishes, I've 5.7 YOE in digital marketing and i have an offer from PS for Senior Media Analyst Role in Digital Marketing Domain. After seeing all the layoff post i'm getting scared. It would be helpful if you could please let me know if anyone if fired from Digital Marketing Domain.

DOJ is Oct 31st, i dont have more time. Please comment if you know anyone from Digital Marketing.

Any word on layoffs at JPM?

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Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

I was just laid off due to COVID. Felt invincible when the crisis began but now feel lost as if my career was ripped out with the tide. Slowly gaining motivation to get back on top

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