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There are not layoffs. This is a weird ongoing rumor that has no substance. What is happening is that voluntary attrition is way down and so people who might have slipped by in the past aren’t getting promoted. This is not a layoff - we have the same or lower total attrition as we’ve always had.
Where in the Bain bowl? I haven't seen this
Below
There’s some random threads in the MBB bowl, probs where the rumour started
Seems people are probably getting confused between layoffs (i.e. a structured headcount reduction), and an increase in involuntary performance related exits with headcount still growing (potentially happening if natural attrition is low and headcount growth forecasts are proving too optimistic for current economic climate)
Not true - still have hundreds joining