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We’re helping with the debate of consulting vs. tech :)

smartlike

I love the “blame Bain”. In true MBB fashion the company will then “blame associate / EM” if anything does happen. Part of your role as a junior is to be a sacrifice.

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Such a big brain move. Get everyone fired and then apply knowing they have openings

likefunnyupliftingsmart

Big brain comment

Every well-run large layoff involves consultants. Very difficult to run these with just internal staff, given the political sensitivity.

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…they’re RSUs, not options. I personally barely have any bc they are issued quarterly. The bitterness some of y’all have is just sad.

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Or girl!

likefunnyhelpful

I remember when Bain did the layoffs for my old company. We had hired back twenty percent of the people they suggested we fire before the severance was over and folks were getting double pay. Consulting often misses key factors like who actually knows what they’re doing at low levels. It also often makes the false assumption that someone not working a lot is a poor performer or unnecessary cause they have so little work, when in actuality they are the rock star and figured out how to do their job swiftly.

likefunny

That was kind of my point B4. Not knowing the individuals and not being able to convince the leadership of the company of the importance in individual decisions is a massive mistake.
So, it was on Bain. It’s the old consultant trick to always blame the client for poor implementation though. Like McKinseys quote “half of all implementations fail because employees don’t get on board” then get them on board. That’s your job.

Bain headcount reduction experts

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likesmart

How? All our firms do this kinda work, trimming the fat is just the way of life for companies, at least consulting firms can help it be targeted using benchmarks and functional perspectives

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MBB as soon as the economy turns…

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likeupliftingfunny

This is the real underrated comment here.

are you telling me that the McK/BCG wouldn't chomp at this opportunity if given a chance?

(Leaving Deloitte and ACN off because they wouldn't be invited)

funnylike

What odd firms to add on the tail there. First part of your comment is spot on though

likesmart

There's no way McKinsey wasn't also involved. This affects a lot of stuff and it's not trivial. 11,000 high earners will scare the bay area as well as other locations. Add in the other bloodletting and it's smart to ask some questions before nuking it from orbit n

funny

Rent free living

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Beat me to it

😳😳😳😳

I called this in a separate thread, consultants recommend layoffs so we can fill the gaps with contingent workers 😂

Related Posts

Hi Fishes,

Need advice,

I recently got laid off by PS and my notice period just got over,

I have offers from:

PineLabs,

HealthKart,

Recro,

Rojo Consultancy

All are offering almost same ctc around 19-22 LPA,

I have 3 years of experience as a backend developer,

working on Spring Boot, REST API, Java 8.

Any help is really appreciated,

Thanks in Advance 😅



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Is it okay if I get fired from D after my H1B transfer for the new employer gets approved ?

Hello All,
I got selected in kpmg india and its been more than a month ,I hv not been alloted any project, what should i do ,should i keep my options open outside?do they lay off?

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I was laid off, and I am now trying to pick up freelance while also on unemployment. Last week I made roughly double my UE benefits from a freelance job.

Does anyone know if this will disqualify me from future UE benefits, even though it was a temporary, one-time job?

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Laid off. Applying to jobs. Besides networking, what are the top job search platforms/websites? There’s LinkedIn, indeed, monster and Glassdoor. Anything else I’m missing or which is the “best”?

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Should people be fired for lack of people skills?

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I am a new associate (1 month in mid-tier firm) and I struggle to get work to fill up the whole day. In honest time, i get about 3-5 billable hours a day. Am I going to get in trouble or fired over this?? I am putting my best efforts when I do get work and I ask for work sometimes. At this point I feel like I am being annoying too…

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WFH/Layoff/Security
Hi,
CCTC including all benefits is 16.57 with 8.3 YOE, primarily focused on Manual Testing.
Is it worth looking for another opportunity?
I am afraid after seeing layoffs news of EPAM, Publicis Sapient & most of the other companies calling employees in the office.
I love my WFH in PwC India & base location of Kolkata. & the best thing is stability in PwC India, they never lay off!!

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Hi everyone, I got laid off today and I am now urgently looking for a job. Anyone hiring Please DM or comment with any recommendations. I have real estate and consumer relations experience and I am looking to get into project management.

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Got laid off but found a job. Unfortunately I can’t start for like 2 months. Any ideas on jobs I could do in the meantime? Can’t drive so no Uber. Willing to do minimum wage, anything will help

like

I had a Big4 joke for you but the people who are really good at telling it are being laid off due to “performance” reasons. 🤭

likefunny

Hi Folks, I am planning to join Oracle Bangalore location by end of this month, lately there are many posts stating layoffs in Oracle, so should I be avoiding to join Oracle at this point and try to look for other companies?

I have $20k in savings, I owe $6,000 to my 401k loan, that’s the only loan I got. I am debt free otherwise except for my house. Should I use my savings to pay off? Since people are talking about unemployment and being fired, I wanted to make sure I have enough, 👩🏾‍💻... What should I do? I initially took the loan to add to my home equity when I sell my house for a new house then covid hit.

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Longshot post but does anyone have friends at City of Seattle, King County? Just recently got laid off by Accenture and I want to pivot towards work in the community, urban planning, etc. Really just want to do fulfilling work. Looking for a reference! 🙏

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When someone has a gap (up to 6 months) between a big law job and their first in house application, do you assume they were laid off? Would you advise a candidate to actively share why they took a break, if it wasn’t a lay off?

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Hearing of layoffs with some Chicago agencies. MSL...Porter...Ketchum...others? Sign of bad economy coming? Hate to sound skittish, but I lived through 2008

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Anyone know Deloitte core business group in Deloitte consulting LLP?

Salary range, business outlook of this group amid layoffs and green card initiation timeline?

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Hi! 23 year old BDR here, got laid off from a seed stage start up - my first lay off ever, yay. surprised, sad, and lost now. looking for a remote SDR/BDR position now, my mom just started chemo so I can’t go into the workplace for a while and need to help her at home. If anyone can help with a referral or knows any open positions, please dm me. Graduated from UCLA last year, 3 months experience as a BDR for SaaS, hungrier than ever to sell and help my family out. Thank you!

likeuplifting

Is there a risk of accepting a role with Upstart currently? I seen a 7% layoff recently for hourly employees but I would be salaried. I am well aware it’s a risk in tech overall right now but curious on thoughts thanks!

likeuplifting

More Posts

Best way to prepare for an analytics consulting analyst (VCA) case interview? I have an analytics background but I never did or prepared for typical (Big 4) consulting interviews. Do i have to do the same prep, or is there a different way I can prepare for these VCA case interviews?

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Hi everyone,

I’m currently looking to build a career within the ESG consulting and strategy space. I am in a career transition phase and have a tax consultancy background from a Big 4 for 5+ years. However, I believe I have gained some skills that are transferable to ace at ESG consulting as well. While I am still in the process of upskilling myself and gaining the required knowledge, could you help me with referring my CV or with some leads? 

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Hi all,

Can anyone refer me in
consulting?

B.Pharm grad + MBA (new IIM) with 2.5
years of prior work ex in pharma R&D (Drug
safety/pharmacovigilance). Working as an
SAP consultant in Deloitte USI since Aug-2020.

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Anyone know of a great freelance sales person in the F&B trade space?

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like

What is the potential contract rate or full time salary for a python full stack developer in Toronto ?

like

Hi fishes, Can anyone tell me what is the salary offered for Monitoring Analyst II ( L23) in Paypal. I have 6 yrs of experience in same domain . How much to expect and ask

Hello Everyone,
Hope everyone is doing well.
Can anyone help me please how many leaves we get per annum in Barclays ??

I am moving from audit to deal advisory, where do you think is bettter corporate finance or TS ? And i am changing my certificate from ACCA fo CFA. your advice is much needed thank you

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I just accepted a corporate counsel role with a large Fortune 500 company. Any advice or thoughts on make the transition from a firm to in house?

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How many job titles and hashtags is too many?

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funnylike

Need 11 likes for doing chats, please help

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Hi fishes, need urgent advice. How is the HDFC Index Sensex Plan? I have invested 75K but it's in loss as all others. Should I continue to average it out or stop investing in it? The loss is higher in this compared to other funds.

likehelpful

Hi Guys,

I have an OL from LTI with a CTC-20 Lpa..As my mother had brain surgery, i need to be with her. i have asked HR to provide WFH. Does LTI support in these kinds of cases?? I have also asked HR to set up a call with the Project Manager.

Comments pls ..

like
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Today is joining day. Nothing happened. Onboarding is said to be virtual but no link was received. Any one else having different experience?

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Hi Fishes, I have an interview with PwC AC in the coming week. My tech stack is Power BI, SQL, SSRS,SSIS and Tableau. YEO -4 Current CTC is 9 LPA. During the initial call with the recruiter he asked for ny expected CTC and I asked for 17 LPA. Can anyone from PwC comment on this? Is this too much to ask or is this what someone at my current level would get paid at PwC. Please let me know!!!! PwC PwC India Pwc AC Deloitte Deloitte USI

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*Input on Salary* I have two opportunities in hand.
1) EY GDS - Assurance Senior
2) BDO Rise - Assurance Senior

I am an ACCA affiliate with 2+ years of experience in Assurance. What can I expect in terms of compensation?

Thank you in advance.

BDO BDO RISE Private Limited EY

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With Spotify Wraps everywhere, I have a question about music: What speed do you listen to music at? I generally do 3x, but will slow it down to 2x if I enjoy the artist.

funnylikeuplifting

This winter just doesn’t freaking end. This is absolutely ridiculous. 🙄

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Is it ok to switch to Big data tech stack like Hadoop, Hive, Python after 7 years of experience from .Net technologies ? Which of the two field is good for long term perspective.

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Additional Posts in Consulting

Does anyone have the AWS Cloud Practitioner certificate and does it hold any value? I’m non-tech looking to get some certificates under my belt to be more marketable in my job search

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Planning to do a PRM or FRM qual. How useful is it to move from Big 4 Risk and reg consulting to industry? Finding it hard to get anything other than non-PM roles

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Laid off. Applying to jobs. Besides networking, what are the top job search platforms/websites? There’s LinkedIn, indeed, monster and Glassdoor. Anything else I’m missing or which is the “best”?

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Slalom folks - have a few questions. Any 🐠 open to a quick Q&A?

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Who are the top consulting firms for competitive strategy?

like

Have any US 🐠 gone abroad for their MBA? Looking at LBS / HEC. Pros, cons? Not looking to exit into MBB, FAANG.

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For all you major savers + investors, how would you suggest to get started investing in assets other than a 401K and ROTH IRA?

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Anyone here with a negative net worth (excluding 401k) in their 30s? Or am I an outlier?

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Got laid off but found a job. Unfortunately I can’t start for like 2 months. Any ideas on jobs I could do in the meantime? Can’t drive so no Uber. Willing to do minimum wage, anything will help

like

Anyone have any recommendations for home office ergonomic desk chairs?

like

Book recommendations on leadership, career development, etc?

like

I even though I’m 30 and have my own apartment in NYC, I always love going home and feel like a kid again when my mom cooks for me. They’re getting older, and moments like these are getting rare.

likeupliftingsmarthelpful

I had a Big4 joke for you but the people who are really good at telling it are being laid off due to “performance” reasons. 🤭

likefunny

I have $20k in savings, I owe $6,000 to my 401k loan, that’s the only loan I got. I am debt free otherwise except for my house. Should I use my savings to pay off? Since people are talking about unemployment and being fired, I wanted to make sure I have enough, 👩🏾‍💻... What should I do? I initially took the loan to add to my home equity when I sell my house for a new house then covid hit.

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What is everyone’s top 1 or 2 favorite books on personal finance? I’m always looking for a new one to bring into the fold of what I’m doing

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What are the best consulting companies in the US focused on Sustainability, either Strategy or Ops?

likefunny

Advice or Book recommendations on how not to get bothered by others/ friends/ peers? What they think or what they do!
Been struggling lately

like

Best consulting firms to target for Supply Chain & Operations Strategy apart from MBB after graduating from MIT SCM

like

Did a one week contract gig between jobs - should I put it on my current background check for a big 4 or not bother? Will it show up later on?

like

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