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We've only had two major rounds of layoffs - 2001 and 2009. We're fine unless the economy tanks. It's one of the benefits of having MMC's pocket books backing us instead of the normal partnership model of the other firms
I've never heard of layoffs, and I've been with the firm 6 yrs.
We never fire people, we "outcounsel" them during YE reviews and they are given 2 or 3 months to look for a job
Yeah never heard of someone being fired.
Also, with all that FS biz we tend to need more bodies to throw at problems. If anything, we are growing
^ what ow1 said
I've heard of people getting couseled out, but it was always for serious performance issues. Never the typical "layoff" (cutting headcount)
Project work situation feels pretty strong now as well; we're actually struggling to find people for my project at the moment.