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Although Amazon has instituted a hiring freeze and layoffs are probably on their way, I went through the loop for a security engineer position at AWS. Before I attended the final interviews, Amazon placed the hiring freeze and called me to ask if I wanted to go ahead or cancel my application. I decided do go ahead Right now I'm waiting for their response and the position I applied to changed from "under consideration" to "no longer under consideration". Thoughts?
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Hi, please help to get 11 likes for DM.
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McKinsey & Company Does working at a McKinsey subsidiary or specialist practice open doors similar to working in generalist consulting there? Examples include Orpheus, Finalta, QuantumBlack and other acquired companies. Can you work there for 1-2 years and benefit from a halo effect that helps you enter industry more easily? McKinsey & Company
KPMG finally gave me a promotion

Is it pronounced gif or gif?
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@PwC It was all over Fishbowl. Your FS practice from what I read. @D6 There is no "purge". I'm annoyed you would even use that word. Way to cause mass hysteria without any evidence. Turnover is natural. Everyone who is average to exceptional can get a 3. I'd be surprised if a 4-5 maintains a career at the firm.
So I just spent some time chatting with one of the PPDs in our office about reductions. Here's what I know. It was completely performance based - voluntary attrition is super low right now and we're long in staff so they trimmed the fat. Cuts were made at all levels, but reduction at the BA/C level is essentially done. Might be a little more movement at the M/SM level in the next weeks but it's pretty much over. Overall, it was a cut of around 3-4%, and it not impacting any of our recruiting or hiring.
bloomberg.com/news/videos/2016-03-08/deloitte-ceo-we-ll-hire-25-000-people-in-2016
Why does someone ask this every week? Nothing is happening 😔
Actually haven't heard anything... but was just talking today on our team about Accenture and EY
I feel like it's paranoia from the PwC layoffs that apparently started a couple weeks ago.
We can't hire enough people
Director in my group got fired. Very shocking.
Pack your things.
My guess is if you heard of someone being "fired" it was due to performance.
S&O C here: I've heard BA cuts at some of the bigger offices. 7 BAs in the start class below me from NYC, a few from Boston, Chicago, and LA as well.
Guys. Layoffs are happening everywhere, it's a shitty time for consulting. It's largely based on utilization rather than performance, staying staffed is your best bet.
I've been told for my area we are ramping up hiring
I heard there were layoffs at the SM and BA levels, seemingly obvious levels to cut fat if performance is below par
Another layoff thread. Paranoia is strong this week. No one is getting laid off (NYC office)
I heard this from a director who is a friend. This is the time of year to cut for performance reasons usually a result of multiple bad ratings in previous years and or off track at midyear . Strategy is to part ways now versus give another bad rating. Part ways amicably with fair and decent severance. Plus the thinking is that it's easier to find a new job now than wait until summer when no one is hiring and everyone's on vacation.
@D6 I don't know anymore than that. Best guess is that they're going to continue trimming the fat until fiscal YE.
What have you heard
Just rumors at Accenture at this point. Everyone is playing it safe and staying staffed on longer term gigs
Well, trying to, haha