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Although Amazon has instituted a hiring freeze and layoffs are probably on their way, I went through the loop for a security engineer position at AWS. Before I attended the final interviews, Amazon placed the hiring freeze and called me to ask if I wanted to go ahead or cancel my application. I decided do go ahead Right now I'm waiting for their response and the position I applied to changed from "under consideration" to "no longer under consideration". Thoughts?
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I'm looking for work as a Credit Controller. Preferably remote or hybrid with a lot of flexibility. I've been working remotely for the last 1.5 years and would like to continue that. I have 8.5 years of experience as a Credit Controller in B2B set up. I'm based in England but happy to work in any country :) JPMorgan Chase Citi Wells Fargo Deloitte Accenture Amazon Tata Consultancy Infosys Morgan Stanley
Thoughts on offshore firms?
Please help me with this situation...

M doesn’t do explicit layoffs the way other orgs do but may temporarily raise the bar on reviews so a greater number of CTLs (fires) occur
This is a persistent false news. There is no raising the bar for CTL to manage numbers.
1) The review rubric is the same irrespective of macro market conditions
2) while sitting on review committees no one is ever told here is our CTL quota to meet.
3) It takes two review cycles (usually, barring some egregious values issue) for someone to get CTLed, so not a quick intervention if it was to be used.
The high level of attrition means that numbers can be managed effectively by reducing hiring. This was done in previous slowdowns (not used much during COVID). During COVId there was some pushing back of start dates but hiring was not drastically reduced.
Agree with McK 1, McKinsey does not lay off. Even during COVID, all talks regarding lay offs were dismissed by the leadership. There were no layoffs
No it really doesn’t. There is no incentive to leave, no targeted layoffs, etc.
People can and do get CTLed (basically fired) for individual performance issues but that happens independent of business factors and is driven by individual performance
You’d be okay :) take it!
No guarantee big4 doesn’t do layoffs as well. Just something to keep in mind when making your decision. But best of luck in either case!
Re-read that…
McKinsey historically has not done layoffs - including after 08 recession and during Covid
I actually spoke with a senior partner about this and he said that in the long term layoffs actually hurt more which is why they have stopped laying people off. Currently, they don’t have many EMs as many left during Covid, which limits their ability to serve more clients. They have been hiring quite aggressively
Everyone lays off , including places like Apple, sometimes they don’t have to disclose it since it’s a handful here or there. No where is safe right now
Nowhere ever been safe.