My MD just got laid off. Is it time for me to look for jobs elsewhere?

like
Posting as :
works at
You are currently posting as works at

My personal experience has been that layoffs usually happen from the bottom up, not top down. Things you should probably try think about:

1) was the MD’s termination actually related to performance issues or political maneuvering but was let go under the guise of a layoff? If so you are probably fine.

2) has the MD’s replacement spoken with your team (at least to his direct reports) about the transition? If the answer is no or the vibe from the replacement is that your team is an afterthought, you might want to think about an exit strategy.

like

Your boss will just report to someone else then.

like

Not necessarily. I mean be prepared, but don’t assume it means anything for you. Are you one down, 2 down …?

Actually 2 down haha

Related Posts

Just got laid off do I need cobra? I plan to hopefully have a job soon

like

I was recently laid off and I am actively search for a new role. I am mainly targeting Business Analyst, ScrumMaster, Product Analyst, roles but I am open to others.

Must be located in Austin, Texas or fully remote.

EXP
5 Mo- Business Analyst 3
1.5 Y- Venture Capital Associate
1.5 Y- Strategic Planning Analyst

Certifications
ScrumMaster
Specialist Accounting and Finance
Specialist Business Intelligence

Contact
737-707-5156
ajaspercannon@gmail(dot)com
www.linkedin(dot)com/in/jcstrategy

like

Any news on layoffs/recession in banking industry?

like

How is it that every company complains they can’t find workers yet 9/10 posts on linked in the last few weeks are all about layoffs? And just taking a look at the jobs in your are…why does every job suck and want to pay you 45k?

like

Is there a possibility of layoffs in Barclays India?

like

Anyone worried about layoffs?

like

Any creatives impacted by Forsman Bodenfors layoffs? That agency does beautiful, powerful work.

like

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?

like

I have heard lay off happens in CitiusTech, is anyone aware about this

like

Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

like

Stuck in a weird limbo where I want to leave my job more than anything but grateful that I have one at all with all the layoffs in our industry. It's a new kind of trapped. Anyone else feels the same?

like

Coming to the US after summer as I got my visa approved. However im seeing a lot of people commenting they got laid off. Is it risky for me to change countries right now and get a job I might lose in 3-4 months? Or it's not that bad overall?

like

Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

Does anyone have any insight into the Layoffs from a SCNO perspective? (Numbers, duration, etc.)

like

Hi all,

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

like

If we are billable on project in nagarro do we need to worry about recession for now .
One more question:
What is nagarro planning how to handle recession:
Lay offs or salary cut or stop increment.

Please anyone from leadership reply

Have an interview with a company I really want to work for tomorrow. My last job I was laid off b/c of an acquisition&recently accepted a job at a diff company b/c I couldnt afford not to. I got this invite shortly after. The place I’m interviewing at the job wouldn’t start til next year. I dont want to seem like a job hopper. Do i tell them I’m at a new role or just not bring it up? The acquisition was public so they can see Im no longer employed with the most recent work history on my resume

like

Is anyone expecting agency layoffs at the moment?

like

December layoffs anywhere?

like

Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

like

More Posts

Interviewing at a few startups so I can stay in Europe. Whats a few red flags i should look out for?

like

Anyone in NYM area Tech risk, NON fso? Want to ask some questions

like
likeuplifting

It's that time...🦃

What's one thing you're super grateful for in your life or career at the moment?

Drop it below! 👇

like

It be like this :

Post Photo
funnylike

Hi team

I need you suggestions on
IQVIA or CAPJEMINI.

Skill : Manual ,API , ETL .
Yrs : 6+ yrs
Iqvia offered 1 lakh more than CAPJEMINI.

Need your help on this .

like

Hey flocks ,

Greetings..!

Few of benz employes have Udemy & Orally access , for few MBRDI flocks don't have Udemy . any idea how to get udemy access.

Thanks in advance.!

Thanks in advance.

Hello! I’m gearing up for my year end comp conversation and I’d like to be a better idea of what people are making to ask for a raise. I work for a large asset manager and sell alternative investments (PE, RE, Credit, Infra etc) to RIAs, family offices, and multi family offices. I’m currently an associate, but am hoping to get VP this cycle. Any insight on what your comp looks like and how it’s structured would be super helpful!

like

Trinity / ex Trinity folks: What are your thoughts on working at Waltham vs. remote offices? Considering transferring offices / moving remote

like

any experienced hires (>1 YOE in LS consulting) looking for a referral to CV? happy to chat

likehelpful

I am looking for some inspiration. If you were selecting the location for an office for 100 consultants in Zone 1. Where would you choose and why?

like

Anyone from Houston? I’m moving there soon and it would be great to join the community in any way!

like

Anyone working from their offices in Mumbai?

like

What are the best product based companies in Hyderabad for testing roles?

4YOE

like

PLTR is crushing it the past two weeks.

likehelpful

How much does BGSW Bosch gives for a Functional Software Developer with 2.9 YOE ? No other offers in hand.

like

Does having AWS Certification help H1B case?

How is current Hybrid model in BNY Mellon & how will be hybrid model in next year ?

like

I'm a pca in TN with around 8 years of experience. I am making 13 a hour. Is that low?

like

Hi Everyone.

Is post graduation (CSE Pg Couse/MBA) required to grow a person's career as SAP Consultant?

I am confused.
Pls explain with real time examples if any.

Thanks in advance.

like

Additional Posts in Finance

Looking for a woman with substance behind the looks and makeup...so far, no luck.

like

I need a new hobby or something to channel my energy and emotions into. Something that won't require much of a time commitment. Ideas?

like

What's your morning commute reading material?

like

Are internal lateral moves always a huge pain?

like

First time posting on here… what do you like best about this app/what’s the best way to use this app to get its benefits? 🤔

like

Woke up with my clothes on from the night before. Thank god my alarm woke me up, but my head is spinning. It’s going to be a longggg day.

like

RIP Jeff Immelt. Not sad to see this guy go.

like

Has anyone seen Doctor Strange yet? Thinking about going to the cinema for the first time in years :)

like

Profits OR social responsibility - what's more important?

like

How are holiday party expenses handled at your firm? The MDs on my floor usually split the cost out of pocket.

like

When you build an excel model that is so fire you want to show it off...but it's private af

like

I have a 12 hour layover in Houston next weekend – any tips on what to do to kill the time?

like

What did the zero coupon bond say to the straight bond?

like

Are you guys as busy as you were pre-COVID? I'm at a no name and have had two transportation clients not want to sell anymore after the massive hit in March and April

like

Can someone please for the love of god help me figure out how I can pay less income taxes? I only make 88k and I put the 12k standard deduction but I’m still getting taxed 27% of my paychecks! My sign on bonus (20 even) a few months ago was taxed nearly 45%! Excuse my ignorance, but am I doing something wrong? Will increasing deductions help or should I increase the withholdings? Is this normal?! Thanks for any help/advice, it’s greatly appreciated.

like

The head of the floor is sitting right before me. Every day he passes by me.. Not a single word..not even answering to other people's greetings... 100% sure the guy hates my guts - how to change this?

like
like

MD: "Why the fuck does he have to stay home and watch the kids? If your wife works at a nonprofit, you definitely make more than her."

like

I'm thinking about starting something, but I want to be well versed in entrepreneurship before I do. Any recommended resources (websites, podcasts, books, etc.)? Thanks!

like

Need a new suitcase. Should I go with a Tumi or Rimowa?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal