Strategy& people will be fired?

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@M1, S& salaries are in line with Consulting salaries or at least the firms that recruit from the best B Schools. There's a reason PwC doesn't recruit from Wharton / Harvard / Stanford. #justsaying 😁

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We get only 2 weeks to look for the next job. And unlike other MBB, there are no resources or support given to us to transition into our next role. It's almost like we are tying to be like MBB (bill rate, up or out, recruiting large numbers from MBA programs) but we don't have the pipeline, alumni network, post-counsel-out support to match... if this was a Capability Driven Strategy assessment... our capabilities are not sufficient to support our designated Ways to Play

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For me it was low util but good performance rating. Looks like performance rating didn't matter in my case

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Laid off not Fired

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Call it whatever you want to call it (fired or laid off)

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Post the email from hr or fake

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Lol this is fake news. As with any up-or-out model, low performers will be counseled out at the end of the performance year. The strategy business is bigger today than it was under Booz.

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These news are fake.

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This fishbowl covfefe is really grinding my gears.

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Which office?

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^they do what best for them ...not for you

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Acc 1, what is the difference?

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Sorry for your loss @s7

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Up or out isn't for everyone. I'd rather be tapped on the shoulder then remain in a lateral position for years without any promotion in sight. Either way, I'm sure people getting let go from S& or PwC will be just fine.

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@s9 I hope you're not humble bragging right now... but I also hope you didn't get laid off

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I don't think performance reviews matter... cuz mine were good too

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What is the context here?

Fired or laid off? There is a difference

I don't get this. Weren't you guys rated as the top strategy firm very recently. Why would they do this? Not enough work? Over hiring? Regardless, if this is true, sorry guys. It's never fun.

Why would you fire half an office, unless you're in crisis?

Interesting. Why BCG1?

So M1 as I read it you are saying that S& is the new Deloitte.

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Deloitte people. I confirm layoffs of 4 ranked individuals and this year it's been hard rankings. Many 3s forced into 4. I was on the calls. Beware. Not trying to scare. Sharing facts.

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Layoff in IQVIA?
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Hi,
As of now I got into PIP so does it indirectly means that i will be fired.?

I was just laid off due to COVID. Felt invincible when the crisis began but now feel lost as if my career was ripped out with the tide. Slowly gaining motivation to get back on top

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Any layoff expected in bny ?

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