The recession seems to be upon us. Who are the most likely to get be affected/laid off?

Is severance taxed higher? I got 1 month of pay but seemed to be taxed much higher

A friend was told their firm will cut ties EOY if certain things don’t improve. Friend had planned to quit in the next year anyway (to start their own business), so there is no real incentive to bend over backwards. Friend’s goal is to keep the income for a little longer, but to minimize conflict / headaches. What’s the best move here? Wait until EOY and take the severance? Give 6 / 9 / 12 months’ notice now? Is there such a thing as too much notice? Could too much notice backfire?

Hey all, Happy Monday. Curious for feedback on how you've seen severance offers approached.

My prior companies have always been what I thought of as average: min of 2 weeks plus extra week for every year for ICs, min of 4 weeks plus extra week for every year for managers, etc. for Directors & beyond.

Current co refuses to offer more than 1-2 weeks, max. I had to go to bat recently for a 3 year + manager level only to get 3 weeks and my leadership team is NOT happy with me.

Thoughts?

I work on a consulting team at a large software company. I’m a job hopper, around 2 years each at my first and second jobs and a little over a year at this job. I recently found out they’re shutting my team down. We’re not fired, but they’re transferring us to the core implementation team, which has a horrible reputation for malignancy, overworking, and isn’t at all what I was hired to do. How hard is it going to be to for me to find a new job? Should I just stay and try things out? What next?

PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

Could you share what sort of severance package you received if your role was impacted due to recent tech layoffs?

I made a couple errors at a new job. An important document to be distributed had wrong information on it, which was proofread by 2 other people. Then a couple of typos in emails, the person micromanaging me told me to send out but I didn’t fix the errors. Failed to meet a deadline but completed 95%. I was written up over all this last week, fired this week. There’s a lot more to this but I think it’s because the DM doesn’t like me.

Does anyone have any insights about the layoff rumors at Morgan Stanley?

If you got fired today would you have a Bach up plan? What would it be?

How is the layoff at Eli Lilly?
Are they kicking out people because of free insulin tweet?

@lilly @Eli Lilly

Am I more or less likely to be laid off if the economy tanks even more if I just started as an analyst two months ago

What is a good interview answer for leaving a job after a few months when the real reason is that you’re sleeping with one eye open in hopes of not being on the chopping block after two rounds of massive layoffs? Company culture is at an all-time low, and it will only go down from here from what I’ve seen in the short months I’ve been there.

Anyone know if all the layoffs have been completed/announced yet? Honestly, I love my job and there's nowhere else I'd rather work. Want to know if I can exhale yet.

Fishes need ur help...my friend s been laid off without notice...any quality analyst jobs please let me know....would be really grateful 2 u all...

I recently cleared all rounds of interview for Mindtree and waiting for the offer letter. However, since Mindtree has been recently acquired by LTI, is there any layoff expected to happen in Mindtree?
Kindly pls give me an idea about how the situation is now in both companies.

Hi! This is post is for a friend who was recently laid off due to budget constraints at their company. They’re actively looking for new roles in Business Analytics, Finance or a combination of both. Any referral would be extremely appreciated.

What is 'Ee ESI contribution' mentioned in payslip, do we get any benifits from this?

How long do you spend on monthly reporting for your clients?
My 3-person team spends about 15+ hours a month each writing monthly reports for our clients (99 small retainer clients). We’ve received feedback that they’re too complicated and the clients just want to know - are we on the right track, what action items are there, and what any next steps are in their strategy.
How do you simplify without losing value?

CGI took almost a month,still interview process not completed.
#cgiindia.

CGI company comes under which tier category.

Hi buddies,

Hope you all doing good. How many sick leaves were provided by cgi?? And is there any specific limit of taking sick leave with respect to financial year? Kindly clarify!

Does anyone have success conceiving with low AMH? I am 30 yo and my AMH is 1.11, RE says it's low for my age.

Does anybody here play soccer? Looking to find a place to play and have had a hard time.

Cleared the first round in kpmg,what to expect from the remaining technical rounds there?

Other than the standard big “fish”, what are some gov contracting firms that offer deployment opportunities for intel positions without military background?

Any off beat documentaries to recommend? Just watched the Barkley Marathons.

Any recommendations for a restaurant for a work social event? Roughly 10-15 people!

I want to know whether the Medical Policy of 3 Lac which is given by the company by default in which along with me my immediate dependents like my spouse and children are covered or not?

What base salary/ total comp to expect for a Sr PM in Toronto in today’s market?

I was looking at PM roles only that were around $110k, one company approached me with Sr PM (title bump) at $110k. I’m getting scheduled for final interview loop next week with this company and planning to negotiate if an offer is extended from them. I did tell them that I’m at final stage with other companies so they can expect multiple offer situation from me. Advice?

I have 100 hrs of PTO, if I quit, will they pay it out?

Gearing up to ask for 8 days of PTO for the spring. Just found out that staff has been getting reprimanded for taking even just a day of PTO. Now I'm scared

If You need a referral have Cyber experience and a clearance DM me!

No disrespect. Why is it that the most "successful" bankers amongst us are elitist assholes?

Suggestions for good coffee in midtown? I don't care for the ambience, don't care if there's a little wait time. Just looking for good coffee. My current favorites are Cafe Grumpy and Blue Bottle.

It does feel pretty cool walking up to your driver at the airport as a person right out of college. It's the little things.

I love the only "flair" you can have as a man in banking is wearing funky socks, and even that one is getting a bit played out.

What the highest percentage raise ever received at Barclays?

Compared to FRM, CFA is tough because it requires an enormous commitment to complete all three levels

Has anyone else turned down a tech job for banking? It was a hard decision but ultimately, I decided that the experience and training I'll get here is second to none. Hope I don't regret this decision

I should probably know this, but are companies required to refinance their debt if they are acquired?

Any former consultants on here? If so, why did you switch over to banking?

Is it ok to say plain English during interviews or I have to massage my language to speak Shakespeare English using GRE words?

When do my licenses transfer to my new firm? Start date or after I sign the offer? Still interviewing before the start date...

What is your go to drink after work?

Has anyone met anyone else on here yet?

Khaleesi is coming to Westeros!!!

What the hell does GS Special Situations do? Anyone heard anything on comp?

For those of us in IB: are you in it for the long haul or are you just biding your time because you have no idea what else you want to do?

Trap, trap money Jamie
JP got me in my feelings
Gotta close deals wit it

Is it just me or has there been a noticeable brain drain in banking in the past few years? Analysts are not what they used to be.

Honestly getting sick of my playlist. I need to switch things up a bit. Favorite band/artist you’re currently loving? Not really into the mainstream crap.

From associate to VP - what specially to learn