So when are cost cutting measures going to be eased? On the global call, Rory said our revenue for the year is estimated to be $220m, which is ~8% higher than the monthly target of $17m

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

Your math isn’t right (that target was only for part of the year), we’re actually still well below the year’s original target. I imagine we won’t ease measures until at least Q2 of this coming year (perhaps longer…). Leadership needs to know for sure we’re on solid ground before they can relax (the economy holding up still isn’t a sure thing if you’re keeping up with that end of things). We’re also likely to prioritize opening the purse for furloughed people, deferred analysts, new hires, etc. before we get perks back. At least, that seems to be the tone from various convos.

likefunny

Q2 sounds reasonable to me as well. Sustained profitability is needed. People seem to forget the firm was losing money for the first half of the year. We have to make those losses up before we are even back to breaking even. So a few months of profitability does not mean we are actually break even for the year yet.

Ah, the classic move by high-paid consultants who've never had to worry about the price of bread going up. Isn’t it a bit out of touch to overlook something like inflation? It's not just about numbers and percentages—it's real life for many. For every tick upwards, real people are facing real struggles. Let's not forget the human side of these economic trends.

like

@AS2 we found the interest rate guy

like

Monthly target of 17M was only part of the year—with a reduced cost base relative to the whole year

likesmart

When the goverment stops printing infinite money and crashing the economy

like

Would be nice

something something interest rates

like

Someone clearly didn’t hear the part where the estimate at the start of the year was 260…..

Related Posts

Best recruiters for client side roles?

like
like

Losing two key accounts. Layoffs look pretty much inevitable. Any agencies hiring a Project Manager in the LA/OC area?

Any companies looking for a very Senior Software Engineer (backend) with 14 YOE??

My boyfriend's company just started layoffs. He's the last engineer standing on his team, but he's on the lookout for new opportunities just in case they decide to cut his entire department.

Any leads on companies that are still actively hiring would be much appreciated!

like

How much fis takes to share service letter. As it's already more than 20 days.

How much does the case bot case matter for Boston Consulting Group? Heard that people where able to make it to the next round even failing it?

like

Who’s your favorite movie director? Mine’s Wes Anderson!

like

Hi Sharks,

Can someone please help me understand the market standard salary for a DevOps engineer with 2 YOE?

Thanks in advance.

like

I’m looking to get into the banking world. I have 3 yoe in FinTech as an analyst and a manager. I’m interested in becoming an analyst at JP Morgan or Raymond James. Can anyone share what the WLB would be as an analyst? Or any suggestions on other companies I’m not thinking of? Located in Tampa, FL.

like
like

Hi guys, 2 days back HR mailed me to inform final verdict was positive and asking few details like PAN. But till now offer letter hasn't been released. Should I give a call today or wait for few more days?

like

Tips for saving/mocking up social posts of your work once it’s posted? Like is it easier to take a screen grab or what? Sorry I’m not super tech savvy. Haha

A creative team I started working with recently has decided to ignore my every comment. They take feedback from anyone else but me, and whenever I push them to make said changes, they just pick fights and make snarky comments. Anyone have any idea why this might be?

like

I just finished a big jury trial with a senior partner (SP). There were co-parties w/separate counsel. SP mentally checked out, to the point that co-counsel was asking what SP was doing/if SP was okay. I ended up handling most everything. SP did a few parts but went rogue and did things that were offensive/risky/bad for client. It became clear that SP is not performing like SP used to and may be a liability. Do I tell someone at my firm? Don’t want to offend SP or cause drama, but I’m concerned.

like

Does BAE Systems consulting arm having much presence in public sector consulting? I see them working with a bunch of public sector clients but interested how they compare to the likes of Deloitte

like

Hey Fishes !

Temporary accommodation in west Drayton vs Brentford (along A4 highway)?

Any thing to be warned about while making a choice ?

like

Interested in cybersecurity companies. What are some other than Symantec?

like

Hi there - anyone aware of FTI director salary range for Dubai office? Not enough data on Glassdoor to verify..

like

Making my first job move using a recruiter, is it typical that they are the ones doing the negotiating? Is this standard practice or is it frowned upon to ask to talk to the Company directly to negotiate a higher salary?

like

I’m overdue for a raise. On average, what percentage increase should I ask for?

like

Additional Posts in Altman Solon

Does anyone in the London office know which laptops (including specs if possible) are provided to consulting staff?

Also, is there a BYOD policy? Are staff able to log into Teams/Outlook etc on personal laptops?

Anyobody in the Altman Solon London office willing to have a chat/look at my CV? I have 2.5 years of Analytics and management consulting experience.

like

Interested in a manager position at Altman but want to stay in the DC area. Would that be possible?

Question about PTO - my contract says 25 days but is this inclusive of any office shutdown over Christmas/New years (if there is one?). In Sydney office if that provides some context. Thanks!

like

What’s the comp structure for Directors? How much is the base and how does the bonus component work?

like

What were SCs doing yesterday afternoon?

Any AS 🐠 that can provide a referral. Have 15+ years in TMT…looking for a change. Thanks!

like

What should I be expecting for my first couple months and first project? Joining out of college soon and a bit anxious on what to expect - thanks!

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