Switched from T2 to MBB and starting this month (post undergrad level). Given the way the economy is trending, is this a bad time or an okay time? Are layoffs amongst the junior-most resources something to be wary about at MBB? Is MBB a safer bet generally than T2 in deep recessions?

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Being good at your job, having a strong network, and a proven track record is the safest bet regardless of which firm you’re at during a deep recession

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What about campus offers out of undergraduate?

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MBB tend to be very resilient during crisis.
There were no major layoffs in any of the past global crisis (.com bubble, 2008, covid).
What happens is that the up or out policy may become slightly more strict, and hiring slows down a bit temporarily.
If you perform well, it is extremely unlikely that you will be terminated or that your career progression will be harmed.

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Having said that, today’s economy is nothing like it was during covid, 2008, etc. and you should be fine.
Do you job well and you will thrive

Don't worry about it --> MBB one of the safest places to be in a recession. No layoffs even during COVID (although potentially more aggressive up-or-out)--this recession should be much much milder.

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