{ "media_type": "text", "post_content": "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?", "post_id": "62bb5c4ec09dbb002f2f2ba6", "reply_count": 10, "vote_count": 1, "bowl_id": "59a016e9fd5a6c00106e6dd8", "bowl_name": "Asset / Investment Management", "feed_type": "bowl" }

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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I think you should take it. After going though the interview process your mind is prepared to leave such that deciding to stay will probably have you unintentionally checked out and not able to perform as well as you were before.

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I think there's risk no matter what. There's no guarantee that WF won't do a round of layoffs if you stay. Personally, I'd take the offer.

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That’s a fair point too.

I wouldn’t take it unless it’s a significant pay increase. Ops at MS is always the first to go when RIFS come around.

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That sounds like a good jump OP - and you can keep looking once you start at MS too, so it should be ok!

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I would take it. It’s a good company and there is internal mobility after two years. You made your intentions clear on leaving no reason to back down now.

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Is there a significant pay raise? What's the company's reputation in laying off people?

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Everyone! I need your help! I was laid off due to a reduction in force certainty impacted by COVID-19! I am based in Atlanta, Georgia and I am currently seeking Business Analysts, Project Manager, Scrum Master, or Product Manager opportunities. Please, any help is appreciated. Thank you.

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Have there actually been any US layoffs? I have heard this should not happen til next month.

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I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?

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Theoretically, if you were laid off during COVID19 and have a 6 month gap or something, and the economy starts picking up, how receptive and understanding would companies be of that empty gap?

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