Looking for advice on dealing with the shame of being layed off. I feel I was let go inspire of excellent performance and this keeps haunting me. By the way I joined a new firm immediately after the layoff however it still keeps bugging me 😔😔

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Well, it sounds like IN SPITE of being laid off, you were INSPIRED

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Peyton manning was cut by Indianapolis and went on to win a superbowl with the broncos. Just look at sports for examples of superstars that get cut but make it big elsewhere, because they were superstars anyway.

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I like the spirit but not sure if PwC1 just had spinal fusion surgery and was about to have 30M guaranteed. I also doubt PwC has Andrew luck on payroll

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Man, I would have just completely forgotten about it after getting my first paycheck from the new company while still getting severance from the old one.

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Focus on revenge instead of shame? Become successful enough to influence or buy consulting and/or accounting work, become a net detractor of your former firm, waste their time on RFPs and refuse to work with them for BS reasons like they did to you.

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That sounds motivating 🤪🤪

All completely transactional and financials based. If they didn’t explicitly fire you for performance reasons, do not make it personal. It’s not you, it’s them.
Also, you’re in a new place. New opportunities to make a new network and make an impact.

It is Covid times; even if the firm valued you, a million things based in their equations for cost cutting could’ve led to your layoff. Simply futile to dwell on it.

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If it is any consolation I doubt they value any of us in consulting, we’re just a number on a spreadsheet. For all you know you were getting paid more than others or they threw a bunch of names into a hat and chose.

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What were you doing before and what do you do now?

Not sure if you are in the early part of your career or more seasoned but what I can say is getting layoff is pretty the nature of the beast for working at a firm. I wouldn’t take it personally. What’s more important is how you recover and it’s seems you did just fine.

10 years! You’re a career teen :).

I’ve been laid off after being more senior in my career....in fact 2x......and always ended up in a better spot. Did my ego get bruised yeah...but I don’t think twice about it anymore.

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Hello, the Calm Application helps, Lebron James does a killer motivational speech. Anthony "Tony" Robbins has always been the man of the hour when needed. Heads up, look at every job posting B.A., Experience oh and Big 4 experience. Go out there and do it like Tom Brady, everyday, win or loose you'll find gratitude you were challenged succeed with your clients and moved on. Your new company wants what they don't have a Big 4 player - your just on a new team.

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Hi Verizon Fishes,

Need your feedback on Verizon India Job security, I will be joining soon in Verizon. I got some negative feedback from social media that Verizon fired around 1000 employees without notice. It should have happened on 2019.

Can you pls share your thoughts on this?

Thanks,

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Dad got laid off. Drinking got worse. Attempted assault on sis and mom. Had to put up in hotel. No clue on next steps (legal and personal). Project is complete shit show and SM is not getting it. Idk man...

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Is it safe to join PWC india at this point of time. Are we expecting any layoffs?

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So are the layoffs at Deloitte over ?

Just a joke, take it as a joke-
.
Recently Better (dot) com's employees were fired from the job.
If you are some HR/Senior management personnel and hiring them.
You should reconsider your decision as they will make your organisation BETTER. :-)

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Anyone else feel like as you move up, you have to work even harder to justify your value to your company as you grow “out of the weeds”? Especially with the fear of layoffs looming over everyone’s heads.

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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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Coworker got fired because they stole my clients! We have a policy stating that the realtor who initiated the contact should be the one closing the deal to give them a fair chance. I feel bad but they should have read the policy...

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Hi all,

Seeing some posts on layoffs in barclays. Is it true and which category of Employees will fall in that list.

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There have been surprising news with layoffs lately. Has anyone here been affected by the layoffs at Twitter or META?

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Constantly worried I’m going to get fired because I don’t know where I stand at my mid sized law firm (second year associate).

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After rejecting big companies like Infosys,Wipro, etc. I've joined EPAM Anywhere due to wfh permanently and it's perks. But after spending 1 and half month HR called me to search the opportunity outside of EPAM, means they're laying off people. It's unfair behaviour of the organisation. I've given some interviews they're playing interview interview with me, for the hiring process technical interview then for project - technical interview, client process - starts from 1st Round.EPAM Systems

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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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Is it just me or do 90% of the jobs being laid off by big tech sound made up? Many job descriptions with multiple bullet points that all kinda revolve around the same idea. One of my buddies works for a big IT company and literally just sits on meetings all day. No one really contributing to anything other than agreeing to whatever the speaker is saying. Are these kind of jobs finally being exposed? Six figure employees getting paid to sit and bounce ideas off each other?

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The severance package at Meta for laid off employees almost makes it nice to be laid off depending on what your personal situation is….. personally wouldn’t mind getting 4+ months of full pay to reset and think about what’s next 😬

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I started a full time in-house design job that pays extremely well. I barely have to work at all. This makes me very confused since I kept hearing stories of people working 60+ hr weeks as designers at ad agencies. I am not complaining, but I have this creeping irrational feeling that I’ll get fired for not working even though there’s nothing for me to do. Should i be making up projects or asking for more work? Or just chill out? I just feel very confused. Are a lot of full time jobs like this?

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Current CTC at Accenture 21.8
Capegemini offer 29lakh per Annum
HCL offer : 31.5 lakh per Annum
EOY : 10.4
CL : 8
Which one should I Join? Or should try getting retained

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Do it, I dare you. 😑

Post Photo
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Heard BCG laid off quite a few people this summer. Is this true?

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Hi I got a 4 rating this year, in 2 parameters and in one parameter 3. Any danger of a potential layoff. Am a business analyst as societe Generalle GSC Bangalore

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Anything around 10-15 km will work for me

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My mood has been fluctuating so much lately. Some days (yesterday) I wake up feeling invincible and some days (today) want to hide myself the rest of the world and feel like nothing will ever get better. I’m trying to push myself to make plans with other ppl and am really self-conscious about it cuz I don’t want ppl to see me in low spirit.. any ideas on how to fix that?

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I'm on a beach in Florida and a guy walks up to me and is like "you're from Texas, huh?" And I'm like "yeah, how'd you know"? And then I realize how he knew...

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Is it possible to get a convenient location transfer in LTIMindtree? Or it can be decided only after the project allocation?

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What kinda hike should I be expecting/asking at KPMG for a new job for compliance and reporting. Currently got two years of experience at EY with pay below 5lpa.

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Hi Fishes, Is there any EY GDS office in Delhi ncr or Gurgaon . Please suggest if it there in location list or not. EY EY India Deloitte Deloitte USI PwC PwC India .

smart

Any bonus and payrise at Visa Inc have been communicated yet?

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Hey guys.. Is chase private banking and jp Morgan investment banking good way for managing my investments? I'm looking to build a portfolio of mutual funds with 2-3 years horizon

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Damn coinbase, I see you ;)

Cons of moving 75% of my savings to an Intermediate US Treasury ETF (SCHR)? I wouldn’t mind losing 4-5% if the market rallies, but would rather put cash to work if the market keeps tanking

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Additional Posts in Consulting

Long shot but I am still gonna try, Anyone flying to ORD from st.louis wants to grab a drink?

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How long are the hours at BCG compared to Big 4? Obviously there is a significant difference in pay, and I am trying to understand how many more hours/weekends folks out there are expected to work.

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Move dilemma:

Currently @ 
Arthur D. Little Limited Dubai as SE Manager w/ base comp of 285k $ + 10-15% bonus. Vert limited fit w/ people & projects in the region (MEI) & not motivated by seniors. Not happy w/ the job but good WLB. Very likely to promote to Pr which would include a 20-30% jump in total comp but shift to more variable
Move to MBB as PL. Projects & people are supposed to be great and he could see himself in the long run. Comp is 170k $ + 60% bonus. Will take 1.5y to move to Pr

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Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

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How does your firm measure utilization? I work for a small boutique that defines it as utilization = number of billable hours/2,080 and full bonus payout occurs at 80% plus.

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How do I check my actual utilization (not the effective one). Mybusiness only tells me the effective utilization

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J-dubs buckhead...anybody else??

Woke up early to get some work done but decided to go back to bed. I am sure it can wait.

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Here's a question I wish I never had to ask. Is it better to use the code for bereavement leave or just burn pto I'm going to lose anyway? Does it make a difference from a utilization standpoint?

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What is the difference between McKinsey strategy consulting and McKinsey Digital? Is the latter still strategy but related to Digital work or do they do implementations?

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What book have you read that was helpful for your career and/or that you would recommend? Could be a technical book, management, etc. For me, it’s a book I read a few years ago: The Phoenix Project. I never thought I would read and like a novel about DevOps but I recommend it to all my managers.

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Are any top consulting firms hiring for experienced analysts currently? I know ACN and some others are cyclical for resources 2-3 years out of college, but I’m looking to make a move sooner than fall

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Has PwC paid out this month's expenses yet? Amex isn't pleased..

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When they say utilization doesn't count for the month of May/June what exactly does that entail? I'm assuming being on the bench for those months will still show on personal utilization reports...

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Starting to get more involved in the project sales process - any recommendations for books or resources to develop skills in this area?

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Best consulting companies with exposure to the blockchain / digital assets space?

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Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

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If I just chill on the bench for long will I still only get fired at the end of the year?

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My RL didn’t have a formal mid year pre CRT review with me. He just pinged me and said: I’ll represent you. Utilization = 75% and average snapshots. Am I at risk?

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