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

We have historically not had layoffs in recessions. We also tend to bounce back a bit earlier given our heavy PE exposure

like

We absolutely had layoffs lol wat. London office during covid laid off a lot of people in the first wave

Unless some catastrophic event happens, I don’t expect layoffs in T2 firms. Worst case a hiring freeze would lead to a decline in headcount very quickly.

like

No-brainer

like

Thank you!

Let’s be real, management laid off folks in April 2020. They weren’t called layoffs, but a lot of folks who weren’t performing well and previously would’ve been given another review cycle to improve were cut.

To OP, if you perform well you’ll be fine. FWIW, in my experience laterals haven’t had the best time.

like

LEK5 - go ask any of the 10000s of unfortunate people that lost their jobs in tech over the last month “what is different?”
Layoffs aren’t connected to performance

Last in first out dude — recession — you do the math :)

like

If we are hiring you for a specific practice experience then you’re probably very safe

like

Awesome, that's good news--I'm being brought in for a very specific niche so it sounds like I might be in the clear. Thank you!

LEK has never done layoffs

Nah that doesn’t happen. Our staffing model puts the onus of allocating a case onto the staffing team. I’ve been on the bench for weeks at a time and it doesn’t look bad on the person itself so long as you aren’t on the bench because you’re a low performer

like

Related Posts

Hey folks, can anyone please tell me how much does a Senior Manager at Monitor Deloitte Dubai make?

like

Hello everyone, I'm a cs grad student graduating in may making a career transition from mechanical eng to cs. I had an internship but its been hard to find a fulltime dev role. I was thinking of taking a lower position at some company and working myself up maybe BI to DA. I would like to work as a dev but a lot of the small companies are offering salaries significantly under 100 for jr dev roles. Any thoughts?

like

Had my annual review Friday (first year with the company). Boss awarded a 3% raise though she said my review was “90% positive.” Worth adding I got a 3% sign on bonus last year, so I’m basically at 0% raise. Nobody under me has gotten less than a 7% raise in the past year. Considering promotions + counter offers as well, it goes as high as 25%. I don’t feel a 3% raise matches a “90% positive” review and plan to bring up the cognitive dissonance I’m feeling. Any other tips or advice to add?

like

Why RPA resources are not getting paid like other skills? Is RPA saturating? Do we have to switch to other skills to get better pay?

What is the maximum CTC your companies are offering to 4 YOE resource with good knowledge on AA and UiPath?

likehelpful

Hello
I am Solution Architect for PLM MES systems heavily on Siemens tools and products. I just seen that my wage is way down below for my experience. Looking for new opportunities in Germany. (Total of +10 years experience and 4 of it aviation) Thanks.

like

Hello fishes/sharks, what is the average hike conidering an average performance, and what is the tentative promotion cycle for band 30 BA

Answers need not be accurate, tentative works

like

To those in non-MBB: Would you rather have an offer in hand right now for MBB or FAANG pm? Assume it’s a lateral transition.

like

I just got offered to run my agency office of under 25 people alongside one other person so the owner can work on new business. I’d oversee all strategy and creative - what’s an appropriate salary? NY

like

I am a working mom and am hell bent on pursuing my MBA. Any advices on the prep for GMAT? Or would GRE better suit my scenario than the GMAT? Appreciate your responses!

like

Hi Fishes,

I received an offer (28 Lakhs + 3.9 Lakhs incentive) from Novartis for Sr Project Manager yesterday. This was just 13.6% more than my current earnings as Project Manager. I've given the reasons why I deserve at least 30% to HR. In response to that, HR has sent 2nd offer i.e. 29 Lakhs + 4 Lakhs incentive + 50k sign-on bonus. The 2nd offer is just 18.2% higher than my current earnings. Need your suggestion, if I could still negotiate with HR to finalize deal by asking for 25% hike?

like

Saw an article about the chilling effect that the Big Law salary raises are having on in house hiring since associates cannot bear to take the pay cut. Do we believe this? Of course if an in house role offers less than a first year salary it’s a tough pill to swallow, but what if the role offers in the mid-200s for a substantially better WLB? Thoughts??

like

I’ve got an offer of 20 LPA from Mindtree with 12% bonus included, what will be my in hand salary? Mindtree.

C3 designation.

like

Asked for some amount of salary higher than my pay band allows from PwC PS because I didn't think they'd respond and wasn't seriously considering them due to their recent sale. Theyre still interested

like

Any idea where to go post BizOps? My friends and I are getting a bit bored having done the role for a while now.

Looking for roles $250K+ (roughly L4 at Google BizOps or Product Strategy Lead at Facebook).

like

Honest question: Why do people do Consulting when Big Tech offers higher TC, zero travel and often times more meaningful work?

like

Hi Guys, I am 5.5 years Java Developer and I have offer from JPMorgan Chase and Walmart .

Jpmc: 50% on current fixed + jpmc benefits Walmrat: 50% on current fixed + yearly bonus + stocks.

Please help me choose which will be better, mainly looking for brand value, work life balance and yearly hikes.

like

How much EY GDS pays for test lead position with automation experience?

like

Should people be fired for lack of people skills?

like

Is this layoff?Amdocs

Post Photo
helpful

How is job security in BNY Mellon | Pershing Technology department?
It's very scary to here abot lot's of layoffs in other companies these days.
......
#Layoffs #firing #Job #Termination

like

More Posts

Can someone please share the current trends in joining/signing on bonus in Asset management industry.

I have an offer from an Asset Manager in London and it is slightly below my expectations. I want to approach them for a joining bonus but was not sure if it is a thing in asset management.

Also what is a good % to ask for a joining bonus [5%, 10% or 15%] of the base salary

like

Any job in MDM (OTC) process please suggest.

like
like

Best way to study for Deloitte case study? Specifically for GPS

likehelpful

Does anyone have any advice for supporting and coping with someone going through withdrawal? My husband is trying to quit his weed addiction and he has been irritable and mean since he quit. His mood is erratic and he is constantly annoyed w me. I don't even know how to bring this up without setting him off. Just feel like I'm walking on eggshells and I'm emotionally exhausted at this point. Is there anything I can do to help him? Is there anything I can do to help myself cope?

Thoughts on Bloomberg Industry Group?

like

Hi Fishes, Kindly suggest pls. Sap functional with 6+ yoe. Cctc 8.2 fixed. Got offer from Accenture 11.5 fixed and Deloitte India 12 fixed. Which one to choose considering wlb, hike et. Accenture Deloitte India

like

26M, 6ft. Looking for casual. No bar on age and relationship status.

Hi everyone- I am looking for SDE role and would appreciate your support. Thank you in advance for any connections, advice, or opportunities you can offer

Technical Skills : .NET Core, Angular, SQL Server, ETL processing
Cloud Skill : Azure PaaS and serverless services, Cloud Cost
management, Cloud Automation and Data Management, FinOps.
IAC Tool : Azure ARM, Bicep, PowerShell
LWD : 29th Dec

like

Good bar spots around 345 park (KPMG) lol

like

Hello, I am looking for a job change. Preferred position Clinical data Manager/ lead data manager. Any leads would be helpful

like

Associate development manager salary in Accenture,
YOE - 9

like

Can anyone provide some guidance for a systems engineer with a Masters in Engineering Management looking to get into product management? Or ideally 100k+ positions? How can I develop myself professional ~3yrs of experience

like
like

What is the best way to become successful in the Digital Marketing field? For example I would love to become a freelance web or logo designer. Does anyone have suggestions on how to make that happen?

like

I forgot to send supplemental interrogatories my boss asked me to send. I am so dead. The discovery deadline is over.

like

Additional Posts in Consulting

Best way to study for Deloitte case study? Specifically for GPS

likehelpful

This job is miserable without travel.

likefunnyupliftingsmarthelpful
like

I've noticed United planes are small, old, and very cramped for domestic flights. Are Delta or AA any better? Which airline should I prioritize for service and status?

like

Get me the fuck home Delta. Next week Remote then firm shutdown, peace ✌️

like

Anyone know of boutiques that do innovation work? Anything from starting up new business/services/products, accelerators and incubator models, startup partnerships/investment, Digi talent, etc.

like

How are you all getting away with not giving recruiters a comp range? I turn the question back to them but most recruiters I’ve spoken to were persistent. “We have to put a number in your application”. *rolls eyes

like

As someone with less than 2 yoe in consulting, is it a no brainer to always try to go for MBB?

like
funny

Best consulting firms for the retail and CPG industries?

like

Any idea why EY is not on the list of Vault 50 top consulting firms but it is on the prestigious list?

like

Let’s say I close condo on Monday, and then a huge natural disaster happen on Thursday, or the same month, making $$$ damage to the building — Am I immediately responsible for the full special assessment bill? Is there any clause that can protect me a bit in my buying process apart from insurance?

like

Thoughts on EW MBA from Booth/Kellogg/Haas. Currently SC at Deloitte and want to transition to tier 1 consulting firms

like

Big4 Analyst Salaries in Canada - Go, let’s compare

like

Good news! #ihateaa comp upgraded me on a short haul in lieu of taking one of my stickers. Bad news: The #aassholes are on indefinite mechanical delay. Thinking I should have rented a car. #neveraa

like

EY fish - when you are laid off, is it immediate the day you're told or do you get a little warning?

like

For a Midwest city like detroit, how long does it take the ground to thaw for a digging project?

like

Hi all! Does anyone work in EY Client Technology (particularly in the Canadian offices)? There is a new grad role that I am interested in and I would like to get to know more about the service line, work and role to see if I/the role would be a good fit.

like

How much to give as a wedding gift if you can’t attend (couple)? Destination wedding on another continent

like

Anyone here leave the Federal Reserve system for a Big4 manager role? Any regrets? Currently a senior examiner frustrated in my internal opportunities and direction.

like

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