Was there a notable amount of layoffs during/immediately after 2008 crisis in consulting firms? What did that period look like?

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Yes. Hard, but we’re still here and clients continued to hire us for different reasons, namely saving their business. We’ll stop hiring well before there are layoffs.

Also there were hiring freezes for some groups though 2012

Depended on your area of expertise. My utilization was higher in 09 & 10 than the rest of my career as I was implementing cost saving software

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Correction: TC 51.3 has 15% variable.
Experience: 11 years (Marketing & Brand Manager)

Location: Bengaluru, Karnataka

#mba #marketing #branding #layoff

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