So uhh, how much of these layoffs do you think is from companies adjusting for the inflation reduction act’s minimum 15% corporate tax for balance sheets over $1B? Any savvy corporate finance peeps that have insight? I’m but a mere strategy person and don’t understand how decisions actually turn out during implementation.

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

This is the greatest advertising for strategy consulting

funny

It always impresses me how effective capitalists are at avoiding blame for their actions. “It’s not my fault I decided to lay you off so I could further pad my wallet; Blame Branden!”

likefunny

Lol bro this is like the definition of a strategy engagement.

1) figure out how much of that 15% will actually hit the companies bottom line you can probably work with a clients tax org to get this.

2) use that number and begin looking for areas to make up the cost in non-lay off ways

3) identify people who were likely targets for layoffs due to business or performance reasons

4) subtract 2+3 from the number in item 1. Work with leaders to make hard decisions on making up the difference

5) build a talent plan for comms, severance, etc get it approved by legal

Bada bing

smart

F

Related Posts

I’ve had a really hard time securing a permanent gig in the last 5 years…constantly being laid off or had a contract cut short. How do you know when to take a hint and realize that maybe this industry isn’t for you? I need some stability for once.

like
like

What is with the layoff rumors at FIS Global ? I heard today of 1,000s being let go offshore and serious management and executive layoff and cost cutting wave underway now. Can someone share?

likehelpful

Any of you think Salesforce will do layoffs because of all what's going on? I really hope not

like

Question about changing careers to be a therapist:
I’m in my mid-30s and currently in HR, which I don’t enjoy. I live in a HCOL (Los Angeles) and make about $100k per year currently. I don’t have any kids so I live comfortably on that. I’ve been considering going back to school to become a therapist, and I was recently laid off so I’m thinking about doing it now (instead of finding another HR job and waiting). (Continued…)

like

Interested to know others’ thoughts: would you consider the actuarial profession to be recession proof? Do you think there are some tracks that are more protected than others? From where I sit, it’s hard to imagine a layoff of actuaries in my group (health consulting); we have more work than we can handle and are still actively recruiting.

Hi Fishes!!!
How is Coforge(previously known as NIIT Technologies) is for the Scrum master role on the basis of :
1. Work life balance.
2. Work nature.
3. No. Of teams handled by one Scrum Master.
4. Being Agile forum.
5. No. of reports and meetings for the agile forums not just teams.
6. Layoffs.

Please help me by answering as many pointers as you can.

Location is Noida.

Thank you.

like

Have just been fired in the middle of the Covid-19 lockdown, what are the opportunities right now?

like

I'm curious what my expectations should be for a base salary for an HR Generalist position at a plastics injection manufacturer. They are approximately 355+ employees with 4 plants. I have 3+ years experience as a recruiter, 15+ years experience has a top manager/leader, and a bachelor's degree. I haven't worked since I was laid off from my previous position in 2020. In my 5 interviews I have had so far, salary has not been mentioned once. What do you think I should expect if offered?

like

Those who have undergone layoffs... Our fallen sisters and brothers... What are the plans now? Would be especially interested in hearing from those not planning to go to another consulting firm.

like

Who was laid off today

How common are layoffs in big law?

like

Anyone have any idea when the hiring freeze might end within AWS ProServ? I’m currently at Amazon and have a TS clearance, PMP & CSM. I come from a Big4 consulting firm with a background in Enterprise Performance. I’ll be honest and say I’m not feeling very safe in my current role with the ongoing layoffs. Instead of leaving, I’d love to go back to my “consulting roots” and join the ProServ team. I’m taking my AWS Certified Cloud Practitioner exam next weekend. Hoping this freeze is lifted soon.

like

Blue shield of CA fired 375 people. Any other insurance companies having massive layoffs?

like

Currently I work for a mid-sized InsureTech that’s had 2 rounds of layoffs in the past 6 months. Salary is 100k, with no defined bonus. I have close to 4 years of PO experience. I am debating whether I want to leave since my boss is very chill and I have amazing WLB. Benefits are eh. 15 PTO days and healthcare premiums are okay. Should I jump ship? What could I be making at a bigger company? What types of companies are most stable right now?

like

Is it normal to get fired for missing things in corporate/m&a due diligence doc review?
- Associate with less than one year’s experience

like

Advice needed. I’m leaving an incredibly toxic work environment (admin, students, parents, etc) for my dream job. I already resigned, but my students don’t know yet. I knew if I told them, their behavior would be even worse. How would you explain to the kids you’re leaving? I don’t want my P to know I’ve been hired elsewhere, so I don’t want to tell them I have a new position, but I also don’t want them to think they ran me off (or that I got fired, lol). I’m leaving next week.

like

How is everyone doing amidst all of the layoffs? The hardest thing about this role is having to lay off employees. 😞

like

Compared to other models, how does PDM typically fare during layoffs? What service/industry would you say has been the safest?

like

More Posts

Thank you Jesus for blessing me with a passing REG score. You did it all! ❤️

likefunnyupliftingsmart

What are some ways you guys earn passive income (other than stock market) ?!

like

Does anyone teach in class elementary, middle, or high school and also teaches college level? If so, how did you get the college level job? I have a masters and specialist degree and teach in class. I also want to teach college level online but have a hard time either finding a position available or applying. I’m now in the middle of my doctorate degree though it’ll be another year before I’m done.

like

Say you are interviewing for a role and you know you HAVE experience but you also know there are gaps in your knowledge that may be an issue upon starting the new role. How do you explain this in an interview without over or underselling yourself?

like

Sixers and suns tonight?

like

For USI Onsite folks,

Has anyone received the tax filings from Deloitte yet? I had submitted everything in January but haven't received anything after that

like

I accepted an offer from TCS and later got a better offer from another company. Now if I refused to join TCS, will be able to join TCS later in my career? Asking this cause I heard ex employees can't join back as there was a policy change. Technically I'm not still a TCS employee yet but just asking to make sure. Thank you.

like

Can anyone please refer me to any product based company? You can DM me for my resume
SDET
YOE - 9
Skills - Automation Tesing

like

Is black jewelry attractive on males? Casual setting. Like a black chain black ring David Yurman vibes

like

ISO: Virtual PBL for Biology and Environmental Science

like

Wunderman Thompson NY, how’s WLB, culture, learning/promotion opportunities?

like

How many agencies give cost of living/yearly raises vs just a “yearly bonus” ?

Can ya guess which one Barkley is?

like

Can everyone tell what hikes they got with their designation and experience.
6 yoe total, 1 yoe C here, got 15%

like

ECD: we need edgy groundbreaking ideas
AD & Me: *works for two weeks on edgy ideas”
ECD & Account: *picks only safe ideas*
Client: these are nice but we want edgy ideas
ECD to us: I need edgy ideas

likefunnyupliftingsmart

Anyone just getting the stamp and then leaving? I'm starting to lean more towards pursuing partner track

How's Saatchi NY in 2022?

I know, Tide, yadda yadda...is there any other account that pulls off good work?

Also super interested in work/life balance takes.

Thanks in advance!

like

Best cashmere overcoat for men? Willing to spend some $$ if it’s worth the price

like

As a realtor, how do I find better commissions? The office I work in has only offered me low-tier listings, and they bring zero to none commission. I want to change that but don't know where to start. Any advice?

like

8/26 check in

Active rest day today. Need to hit 10147 dynamic step goal on garmin to maintain my streak - 6 days done, earlier best was 21 days, todays day 7

like

Additional Posts in Consulting

Trying to leave Deloitte - came from Accenture (regret that now). Applied to KPMG for senior associate but got rejected. switch from ACN to D was seamless so it stung. Advice on other places to apply?

like

Any layoffs in big4?

like

I have a BizOp position open at ServiceNow. Strategy & Operation role (most likely SC/M equivalent) Fast hiring turnaround. Plz DM me if interested.

like

Does anyone else gets excited to board the flight and find out who might your neighbor be for next few hours? Is it going to be a hot 🐟? May be a C level exec? An infant 😣

like

Some clients are useless, Travel points they rack up, 12am deck edits? More vodka in my cup

like

Going into Senior Associate offer negotiation with PwC London UK, what is the normal base salary expectation? Or even total salary expectation?

I was going to ask for 56k

like

Has anyone taken one of those online executive courses, like the Harvard Extension School offers? Looking to use my $5k of tuition reimbursement and already have an MBA. Worth it? Best programs?

like

Is md at D the same as executive director in EY? Or is it the top of the specialist track ?

like

Aaaaand we're working the weekend

like

Anyone have any first hand experience of seeing the benefits of putting Big 4 on resume?

like

Food for thought: the US is actually one of the most racially conscious places I’ve ever lived. Not saying we don’t have a LONG way to go and that there isn’t immediate important work needed.
But the amount of allies this movement has is incredible. Keep in mind this is just my experience and may not represent others- however, in many of the other places I’ve lived or traveled to, racism is almost tacitly accepted. You wouldn’t have people calling out taxi drivers for ignorance for example

likeupliftingsmart

Those who have undergone layoffs... Our fallen sisters and brothers... What are the plans now? Would be especially interested in hearing from those not planning to go to another consulting firm.

like

When I'm at the gate before boarding time, the plane boards late. When I get to the gate 3 minutes after boarding time, plane is already on Group 5 boarding.

like

Is McKinsey hiring in their healthcare practice?

like

How long do you have to study to prepare for AWS solution architect certification? Not much of development background but fairly versed in computing.

like

2 or 4 wheel carry ons?

like

Had a meeting with my counselor yesterday and I got a 2. She thinks I should've gotten a 1 but with this new YE format, she could not suggest/defend a rating. Bummer!

like

Book recommendations. Your favorite -
1. Autobiography/Biography
2. Self Help
3. Financial Literacy
4. Non-Fiction (not from 1,2 or 3)
5. Fiction
Go!

like

And with that mouse click, the 6 figure student loans are paid off. F you Fedloan, and all of your BS over the past 3 years. Freedom!

likeupliftinghelpfulfunnysmart

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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