If the economy slows, how do you think management consulting will perform? Can consultants expect layoffs?
Deloitte tax projecting double digit (percentage) decrease to top and bottom line for FY21 - at least our office / region. Based on that, layoffs seem necessary. Fortunate that the folks laid off hit the market first; if the revenue decrease is truly that significant, have to imagine all other firms will be making the same difficult decisions.
I post my story previously but I want to make sure that my experience can help somebody else. This is my experience about being laid off on H-1b and the 60 days rule. Look at the comment for full story
Today was my first day looking for a new gig since getting laid-off. I’m already discouraged.
If things don’t get better in the next few months , are we the first ones in the line of fire ? I feel that layoffs are imminent.
Official EY Layoffs Thread
Asking to the Indian folks, for the ones laid off or having issues and having to go back home, how is the job market currently in India? Any of you tried looking around?
Any insight from Deloitte folks on the announced layoffs? Has anyone from PwC or KPMG heard anything similar? EY has left the door open for layoffs, but hasn’t laid out specific plans yet. It feels inevitable though. While I don’t think I’m on the chopping block (famous last words), I do worry about the morale impact on my teams and the office in general. Curious to hear other perspectives.
I just got laid off, and I’m not even mad about the job, but they literally didn’t even tell my CD before they let me go, then asked me not to tell anyone before they announced it to the network. I’m sorry, but on what planet am I not hanging up from that call and immediately calling my CD? Which is exactly what I did. They locked me out of my computer so I couldn’t even pass off files, plus it locked me out MID-call where I was being let go. Very professional. Also, my CCO didn’t even know. 🖕🏻
Suggestions on how to spin a layoff to a recruiter or new employer? Want to stay in the game.
When does the 60 day grace period start - after lay off announcement or after last severance paycheck? Thanks
My husband was fired last week entirely unexpectedly by his new boss (who started 6 weeks prior). HR told my husband they didn’t need a reason to fire him (which is true in our state). How is he supposed to explain his firing since he doesn’t even really fully understand why he was fired? For what it’s worth, three weeks prior to being fired, he provided some really direct feedback to his new boss to try to get him to stop micromanaging. That’s all we can come up with as a reason.
I just want to get fired. I want to have a reason to feel as miserable as I feel. Someone fire me.
A friend spent $100,000 on legal research...she had no idea and thinks she might get fired for it. Anyone been in a similar situation?
I heard S&P Global recently fired so many people from Ahmedabad, Gujarat location. Is it true?
Has anyone ever been fired from having a negative review posted about them on glassdoor? I was not able to name names or be that explicit with the title but it’s pretty clear who I’m talking about if you know.
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What time do you expect your staff to be in the office in the morning? These 2 keep coming in 910 and 930 when we agreed on 9 (which is generous).
Difference between investment banks and law firms that offer advisory services - aside from actually providing financing?
On today's call I'm asked a question directly by the client and I have two other people jump in and talk over me and give a different answer for me. Teamwork at its finest.
Anonymous consulting forum: who did you think won the Republican debate tonight? If you are a Republican, who is your favorite candidate and why?
Do SC's out of B-school make the same salary as SC's who work their way up out of undergrad? If so, what's the point of going for your MBA if you're already SC or Mgr level?
This is John... Who's on the line?
Is it unreasonable to ask someone from PT timezone to follow ET hours for 1 month during critical phase of the project? To be specific.. starting 9AM ET. Work day typically gets over at 6p ET or sooner sometimes, and this person makes it such a big deal and makes it sound like they are doing team a favor.
Any gingerbread houses?
Browsing through the podcast top chart for a 5hr flight to SLC - "The McKinsey podcast" is at #24. I'll stick to the black tapes, Thank You very much.
Do you ever sit down for five hours drinking coffee and water, then stand up and immediately realize you have to piss really badly
Yay to being micromanaged by TWO female managers !
Survey: ONLY age & salary!
Why is it Indian men don't like strong Indian women? 😤 I'm so tired of going on dates and being told "you're too independent" and "you act like you don't need a man"
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