My firm was acquired by PE 2 years ago.. 0 layoffs in my 4 years before PE took majority control.
Post PE: 5 layoffs. 2 this year alone. I’ve seen Partners, Directors, staff, others managers fired around me. Wondering how I’m still around. Thank you to whoever is protecting me in leadership at this firm 🙏🏽.

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Posting as :
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That’s the timeline for all of consulting, regardless of PE ownership. 2020 - 2023 = Good; 2024 - Present = Bad.

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Good call, so hard to know without details. Acquired by PE increases chance of admin layoffs, worse PTO, weak bonuses, etc.

Sales/billable consultants are the ones that make them money. No reason for layoffs from busy/ productive revenue generating teams.

P.S. I’m aware my time may come again. A cat only has so many lives.

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Grant Thornton?

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Clearly GT

What's your point? Private Equity firms will & should terminate employees/ partners not useful to their objectives.

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Watching 60 Minutes about how badly US financially affected from CV including unemployment. We’re blessed to still be employed. Anyone have uncertainty still, even when firm communicates “layoffs last resort”?

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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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I have been going on interviews and noticed 2 department heads already assume I was laid off or fired due to a 4 months gap. I explained I left my last role due to short term health issues that have been resolved. Not even sure how to respond when they assume. Any advise? Thanks!

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Assuming this causes a recession like in 2008, and many people get laid off, how long to take to find another similar paying job? I’m currently a strat manager in FS. Scared for job.

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