{ "media_type": "text", "post_content": "just my 2 cents for everyone panicking about layoffs, partnerships probably won’t face layoffs the same way tech companies are…\n\nthese tech companies stocks are getting wrecked and they have to show their shareholders they can lean down and improve or they’ll lose confidence in them and it’ll get even worse for them. unfortunate but that’s what corporations do🤷‍♂️", "post_id": "6285aa7ec2b7ef0031ca1be9", "reply_count": 5, "vote_count": 3, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

just my 2 cents for everyone panicking about layoffs, partnerships probably won’t face layoffs the same way tech companies are…

these tech companies stocks are getting wrecked and they have to show their shareholders they can lean down and improve or they’ll lose confidence in them and it’ll get even worse for them. unfortunate but that’s what corporations do🤷‍♂️

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Shareholders wanting a lean company isn't different from partners liking bonuses

likefunny

Alot of us were in consulting back in 2008-2010, we're all in the same boat my friend.

My Accenture MD back when I was a lowly Analyst got the axe.

likefunny

Yeah, but this probably isn't going to be an '08 style recession.

Not saying there won't be layoffs if we enter a recession however.

They're just trying to scare you into not asking for a raise or leaving when you should. Don't take the bait!

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The economy is far too robust for layoffs. No company in their right mind would get rid of talent right now

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