Performance based separations my ass

F all you inauthentic leaders across all the firms - tell the market what this really is

likeuplifting
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Preach Brother! Or Sister. These high and mighty firms are so sneakily disengenous it’s infuriating.

like

If you are laid off due to performance, and your performance is based on utilization, then there's a 90% chance you were laid off because your bosses don't know what they're doing, and your layoff is a blessing in disguise.

likesmart

Accenture is the canary in the coal mine so pay attention private firms. They can’t hide, they have quarterly reports and Wall Street wizards pouring over their numbers. So they will aggressively react to keep their share price healthy. What that portends for the private firms however is not pretty, these guys are just more exposed.

likehelpful

I doubt the market is a whole is buying that these have much to do with performance. No secret what’s been happening at the Big 4.

like

They should have just said restructuring which is middle of the road.

It’s not restructuring - it’s softening demand.

Use your platform, don’t veil these tens of thousands of people being laid off as performance issues

Other factors going into layoffs:
- level in a firm and corresponding salary
- promo spots at the next level
- relationships / people favoring
- who the f knows, many are not performance based
- SOFTENING DEMAND

like

Probably paid McKinsey to draft the slide ware and voice over!

I agree

Does the company pay a decent severance plan? I hope so. It’s the least they can do :(

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likefunnyupliftingsmarthelpful

A friend of mine from a top tier consulting firm was counseled out. Do you consider it ethical that his career counselor is intentially spreading the information to his colleagues and to other consultants from other companies in the project? What can he do about it? Specially that he considers the potential layoff is purely based on the current situation (chargeability was low) and not on his performance (they said that his contribution to BD during his bench time was low)?

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