Slalom 🐟, how did the firm handle layoffs during the 2008 recession? How common have layoffs been throughout the years?

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

Yeah, maybe the business grew but 1.) how many employees in 2008, 2.) how many offices, 3.) what proportion of those offices were profitable then compared to now. My take is that we have a lot more overhead to support now as we keep adding offices. Makes sense when growth is the goal, but maybe not so smart if the economy is tightening.

Related Posts

Recently laid off as a mortgage underwriter. Been looking for 2 months and there's not much out there. hopefully after the holidays companies will be hiring again..

like

Hi there

I am in need of some serious advice. I have been continuously harassed, ridiculed and spoken down to by a coworker who’s now even “threatened” to get me fired etc. We do not have an HR department and the only manager I can go to is also mistreated and not taken seriously. What do I do? I’m terrified.

like

Desperate for help from HR experts!

According to California Law, employers must pay unused vacation. Each year, we are given 33 days of holidays, no accrual. I was just laid off and my employer only paid half of my vacation because it’s mid year. Is this legal?

In hibob it says I had 32.5 days accrued.

Thanks for your help!

like

Hello and welcome! I’ll start - if you were recently laid off in fintech, my fintech (in Chicago and some in SLC) is hiring! Lots and lots of jobs. Please reach out!

like

How am I expected to bill 1900 hours when I only have 8 cases and when I ask for work no one responds. I even asked the partner in person for work and he said he was slow and didn’t have anything for me.This month I’ve only billed 80 hrs. Its making me anxious because I don’t want to get fired for low hours but also I’m a first year so will they have some mercy on me? Lol

like

I recently cleared all rounds of interview for Mindtree and waiting for the offer letter. However, since Mindtree has been recently acquired by LTI, is there any layoff expected to happen in Mindtree?
Kindly pls give me an idea about how the situation is now in both companies.

like
likehelpful

Working at a company and they can’t seem to hold on to their female, black and people of color employees. I blinked and 3 of the people who were in my onboarding class were either fired or they left. For context I’ve been in company less than a year and there are people who have been in the company 25yrs. I’m thinking of cutting loose before it gets to my turn.

like

Anyone around the Philly area want to be friends? Recently got laid off, and don’t have any friends around the area so yeah🙃

like

When leaving as an audit manager, if you’re going to a competitor and they ask you to leave the day you give notice, do they always pay you out the 2 weeks or are you technically fired?

like

Any layoffs in Luxoft , will there be any difficulty for bench employees

like

BCG folks, I hear rumors of layoffs happening given the slow pipeline. Is it true?

like

A $1T valuation is fine, but Tim Cook should be fired for the value loss that came from actually producing products, being famously boring and not losing his mind on social media.

like

I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?

like

Working for a senior who is beyond horrible. She talks to you like you’re stupid and makes it sound like you’re absolutely terrible at what you’re doing. She’s made 5 other associates cry during her 5 year career. Got someone fired and made another person quit. It’s known around the office that she can no longer have a female associate, because she talks down to females more than she does males. I came along and thought I could deal with it but she literally makes me want to not log on tomorrow.

like

Dad got laid off. Drinking got worse. Attempted assault on sis and mom. Had to put up in hotel. No clue on next steps (legal and personal). Project is complete shit show and SM is not getting it. Idk man...

like

When do I begin adjusting? It’s been 4 months. I joined as an associate and I feel like sometimes my work is sloppy or I’m overwhelmed. I’ve gotten feedback that I’m making progress but that sounds fake. I’ve also gotten feedback that my work is sometimes sloppy. The last report I helped write had a ton of write ups on it. Feels like I’m about to get fired.

like

I have not been on a project for over 3 months. Since I joined, I have been put in training. The training got extended by a month and now it's close to 4 months since I joined and without a project.

What should I do? People say that I'm lucky to get paid without doing any work, but it is stressing me out. I need the experience. The uncertainty is freaking me out, with rumours of layoffs and the certification program and all.

How do I get into a project? How long do I have to wait more?

like

Does any team is facing layoffs problem in American Express. Really a horrible rumors I heard.

like

More Posts

I am feeling naughty since morning! Anyone sharing the feeling?

like

Any tips on how to transition to entertainment law? Like skills to build? CLEs to take? How to become more appealing to entertainment firms and companies?
For context, I'm currently working in plaintiff side employment.

like

What is “the 71”?

like

Gents - What perfume/cologne brand do you wear?

like

Hi all. I was recently diagnosed with bipolar disorder type 2 and it’s been hard to heal with the ups and downs of a very competitive sales position in the current market. Before taking FMLA for 12 weeks I was a top performer. Any advice from those that also live with bipolar disorder, or advice on a potentially a less stressful position to ease out of sales? I have 7 years healthcare sales and 1.5 years as a MLO.

like

Awesome bowl!! Ty

like

Do tcs provide any early joining bonus?

funnylike

What other companies are paying 120k+ for 3 years of experience in Charlotte? Need to see if I am getting a good market rate or need to look else where.

Larsen & Toubro Infotech Hi Fishes, I have offer from Optum , Larsen & Toubro Infotech and Luxoft .. almost same CTC. Luxoft joining is 25th (day after tomorrow), LTI and Optum are on 26th Wednesday. But I am waiting for Optum revised offer for the 26th.. Need suggestion to choose .. LTI progress is in onboarding state.. but my interest is more towards optum ..

Need help here ..

like

Stolen from Instagram

Post Photo
funnylike

I am currently working as a delivery manager for a data science project where I manage both ML and DE teams. I am not sure what career path should I follow.

Should I move into either a core technical data science/data engineering role or move into a techno-managerial role like a program or project manager? What role would be best in terms of money, growth, and job security?

like

Hi fishes
I have 4 years of experience as a java developer. I want to try for amdocs.
How much salary can I expect for my experience?

like

Hey guys!
Any recommendations for beauty classes please such as waxing, facials etc…… I’m too busy to enroll at cosmetology school but want yo get some quick certifications.

like

How does everyone find their clients?

like

Which practice group at your firm has the most power?

like

Considering a move into Corp Dev & Strategy at the Sr. Analyst level, with a pay cut to current comp. Is it better to target Manager level roles, or leave now?

like

What would be the salary standard for blow skill set with 10+ years experience

1. Oracle DBA, Golden date , RAC, data gaurd
2. MySql, Mssql, Postgres Sql
3. Cloud DBA in AWS, GCP
4. DB migration from onpremise to Cloud

CCTC - 21 lpa

like

What is the salary range for a Product Manager in the Atlanta area? I have 3 years of experience as a Product Specialist and have been offered a Product Manager role but don’t know how much to ask for. It’s in fintech. Any insight is appreciated!

like

Additional Posts in Consulting

Anyone in EY’s Transformation Design and Execution practice? I’ve got a question about an open position

like

Favorite way to enjoy toast, go. Enrich my breakfasts.

like

.. responsibilities: cooking, cleaning, Kia, meal prep, etc. i understand managing the family is a full- time gig bug I can’t work and take that on. What to do!?

like

Can partners comment whether Pwc is having another round of layoffs. This is so scary! Shouldn't they rid of partners who can't sell first?! Or pause hiring? Opp. cost to find and train talent again?

like

Describe your week in a meme or image

Post Photo
likefunny

Does anyone have 120K bonvoy points they’re willing to sell? How much?

like

My parents are coming from India in a few weeks. Any recommendations on a good health insurance policy for them to buy? Typically the policies bought from India aren’t very helpful in the US if you actually need to use them. Thanks!

like

If my husband and I are on my insurance, can we both have FSAs for our own firms? Or is that double dipping?

like

Anyone ever asked for proof of employment when using corporate codes at emerald aisle/ adding family members as additional drivers? I heard this happen at other rentals not sure if emerald aisle would be different as you skip the counter

like

First time in two weeks going to bed without a feeling of anxiety and piled up work ahead for tomorrow 😴

like

Best hotel to stay at in Vegas? Especially folks that may have recently visited?

like

Can anyone assist? I accepted offer for an internal HR role at PwC. Can someone inform me of the technology that is used for staffing, on boarding training, and career round table?
Can I expect to utilize Gsuite-sheets instead of excel for all reports?

like

Can anyone from McKinsey or with previous experience at Mckinsey give any explanation as to why there are so many scandals compared to BCG? My friend has offers at both firms and is concerned about culture with taking McKinsey, in large part due to consistent scandals. We're not really sure as to the reasons why it's so consistent with McKinsey.

like

Can you focus on PMI/SMO work only at EY-P?

like

Has anyone here traveled to Zion in December ? How was your experience ?

like

Best skills to learn to pivot to tech from consulting?

likesmart

To all my NY 🐠 - booking some last min NYE tickets. What are some good/fun places to go for a group of 10-15 people ages 25-30?

like

Want to buy a 60k sports car, have the cash to buy it outright but have been leaning towards putting $30k down and financing the rest over 3 years to keep the remaining cash liquid. Logically I know paying for the car in cash and avoiding interest is the best move but I believe why not leverage the situation?

like

How technical are you expected to be at IBM in the Salesforce practice? For context, I used to work at Deloitte and almost no one had any technical knowledge and their main responsibility was management and requirements gathering

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