Was thinking about leaving one B4 for another. Should I hold off due to the coming recession/possible layoffs?

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

Agree with EY1, the only “job security” you ever have is your ability to deliver. With that said, would have to consider if your reasons for leaving make enough sense (good examples: switching to another service line, significant comp increase/promotion not available at current firm. Bad example: burnt out and think it might be better elsewhere. It rarely is).

like

How long will you wait for a recession with layoffs and what if there isn’t one?

like

If a new firm invests time and money to hire you, they want a return. You probably wouldn’t be first on the chopping block

likefunny

Deloitte is LIFO, it happened in June 2020 when they fire two people who started two months before.

likefunny

If you’re miserable: definitely leave. If you’re just curious what else is out there: then yes you should probably hold off.

likehelpful

What makes you think that your current B4 won’t lay you off if there is a recession.

like

At least you keep the signing bonus

like

Same thought, plan to hold off not sure how the market will be

Related Posts

Any significant differences in comp between the Big 4 FDD groups (specifically at senior level)? I’m hearing PWC pays the highest bonuses but not sure if there is any truth to that.

like

Thoughtworks recently announced the Q3 result. Which wasn't that great though.

Can anyone share their views about TW strategy to handle the recession?

Is there any hint of layoffs from leadership?

like

Any B4 IAM consultants make the move to Accenture? How is the talent experience (employee apps for time & expense, expense/travel policies, well being subsidy, stock options, etc) compared to what you’d find at D or EY? How do you find the quality of projects, and your role as a SC (which I understand is just “Consultant” at Accenture)? Worth making the jump or do you miss B4 life?

like

Was laid off in Sept. Unfortunately we will be seeing many more coming. It's what happens in a recession. Unfortunately I now also have my age against me. Not in a mentally good place at the moment.

Is it okay if I get fired from D after my H1B transfer for the new employer gets approved ?

Hi all.
Has anyone in
IBM been on bench for more than 4 months here?
I have been on bench for almost 4 months now & have been getting automated mails asking me to get assigned to a project by searching one by myself, else necessary action might be taken.

And are there any chances of being straightaway fired based on these automated mails?

I would genuinely need an advise from someone who is aware of this kind of situation.

Thanks in advance

like

Have you been fired before even starting your new job?

I signed for a new job two months ago and will start next month (3 mo notice period in Europe). They were very keen on getting me on-board ASAP before signing but since I signed the contract it has been silent from the new employee. I've emailed them with questions as I'll be re-locating to NL and it takes them 1-2 weeks to reply. Given all that's going on in the world, I'm worried they might fire me before I even start.

like

Many companies are on a hiring freeze, as well as many layoffs have and are occurring. Does anyone know if this is temporary? Will there be an uptick in the coming next quarter?

like

Hey everyone, I was recently laid off from Meta. I am a senior technical recruiter, who also served 20 years in the military. I am looking for new positions working in San Diego or remotely. Any help would be much appreciated. Thank you so much.

like

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.

like

Does anybody work for Evolent / New Century Health? How is the culture? Any known layoffs?

like

Will there be any impact in Fidelity Investments due to recession? Will there be any job cuts? Please update.

like

Has anyone been fired and then subsequently received unemployment? I was let go this week and am wondering if that is realistic to expect. Thanks!

like

Hi Verizon Fishes,

Need your feedback on Verizon India Job security, I will be joining soon in Verizon. I got some negative feedback from social media that Verizon fired around 1000 employees without notice. It should have happened on 2019.

Can you pls share your thoughts on this?

Thanks,

like

What a typical % base bump from M to SM at Big 4 FS consulting?

like

are there any layoff news in jpmc considering US recession?

like

Does anyone have a similar experience? I interviewed with recruiters from two of "Big 4". Both interviews went well, and I was told the recruiters will submit my resume to the partners and senior managers for the next interviews. 3 weeks later, I received the rejection letters without the next interview. I wonder why the partners even not bothered to interview me. If it matters, I am a CPA with 3 years non-PA experience and applied for experienced associate positions. I appreciate any insights.

like

Anyone know much about Simon-Kucher? I have an offer for SC there for $125k base with all-in TC for the year expected $165-175k. Currently a CO with 3-4 YOE, and considering making the move. I think CO at my firm is the equivalent to SC at B4

Making about $103k base now, so not sure if I should hold out for better

like

Not sure why the execs keep their jobs and layoff production. Do we need all top-level operation staff when there isn’t much left to operate? I have ahead time seeing C-suite doin any production work

like

Hi all, how many of the big 4 accept 3 months notice period?

More Posts

HSBC project ending??

Hi fishers,

I'm a Programmer Analyst with over 2.8 years of experience in SAS and SQL.
My preferred location is Chennai/Bangalore.
Currently I'm looking for a job switch and it's kind of urgent.
Can someone please refer me if your company has any opening for SAS and SQL.

Thanks in advance..

like
like

Hi Fishes,

Which one is better to join for DevOps profile?

BOLD Technology Systems
Fidelity International

Please share your views w.r.t these firms as well.

like

Can you please suggest which one is better among logicmojo vs learnbay for Data Structures and Algorithm Instructor led course?

Please share your experience if any.

like

Anyone here with a negative net worth (excluding 401k) in their 30s? Or am I an outlier?

like

I have been promised a promotion three times now, but when the time comes, I'm told I'm not there yet. Why promise something if you clearly don't want to execute it?

like

The pandemic has brought misery for a few sales organizations and unforeseen opportunities for a few others. How many folks out here crushed Q2? If so by what % did you exceed your quarterly quota? Did someone have their best quarter till date? Let’s celebrate some accomplishments!

likesmart

My client is telling me about how painful she finds PAID overtime. While she gets💰, I get %.. & utilization doesn't pay the bills!

like

Here's a question I wish I never had to ask. Is it better to use the code for bereavement leave or just burn pto I'm going to lose anyway? Does it make a difference from a utilization standpoint?

like

What’s the worse have you done out of spite at work?

like

8400 take-home after maxing tax advantages accounts. I found a new construction home for $2780 monthly payment if I put 3.5% down. Monthly payment includes taxes, insurance, PMI, and HOA. I have no debt. Is this a stretch? I’ve searched Google and used online calculators. I’ve never spent more than $1600 on rent, so I’m nervous about pulling the plug.

like

Hi,
I'm thinking of changing my career to data analytics. What course should I be doing?

like

Need referral for operations transformation consulting analyst for FIS

The button that everyone wants in MS outlook

Post Photo
likefunnyupliftingsmart

Joining Google soon - any good books/tips on doing well in Google/a tech environment in a non-technical role?

like

Hi All,

Does LTI provide revised offer letter with new joining date and new salary structure?

If yes how much time it takes?

Thank You

like

Has anyone used RCN internet? If so what were your thoughts? About to move into an apt in LIC and they are offering a deal with RCN for first 6 months but I’ve never heard of RCN.

like

Additional Posts in Accounting

Two in one special:
1. What gets you most excited on a weekly basis?
2. One aspect of today's society you wish you could change?

like

Highest number of billable hours you have seen in a year?

like

Pet peeve - people who don't mute their computers/cell phones when they're on a conference call.

like

How do you pick your fights with management during promotion year for scheduling?

like

Just started at the firm a month and half ago and snapshots are already happening soon. How important are they? I’ve had pretty low utilization, so I’m kinda nervous as an experienced hire

like

I have an interview for an industry gig and im really nervous 😩

like

To all CFA exam takers next Saturday, best of luck! 👍🙋🏻‍♂️💪

like

I recently sign a lease. The apartment will put my security deposit into an interest-bearing account and requires me to fill out a form W9. I will join EY this June and just wondering if this is ok in terms of the independence rule. I guess the apartment will put my deposit in some sort of funds. Anyone with EY has experience? Reading the independence brochure, looks like it does not specify something related to this scenario but just wanted to confirm . TIA!

like

Client Connect is the biggest piece of shit. Can't purge or export documents (error); laggy as hell; can't manually set client passwords or delete old users. It's the GDM of software basically

like

I thought that getting back to my regular walking regiment after busy season would solve the weight gain...it's not helping

like

I pity those who revel in the "accomplishment" of have 100+ YTD utilization. Y'all got suckered by the firm.

like

Thoughts on getting CFP when done with CPA (1 test left) and pivoting from audit to personal financial planning? Estates, taxes, savings, etc. Or should I just stick the OG plan and go into industry FP&A when I make senior/CPA?

like

How come I have a snapshot that has all partially at level but the comments are all super positive?! The words for development is to keep the attitude and work up... (my first ever snapshot here)

like

Has anyone ever lost there phone number when trying to leave the PwC because they were on the company plan?

like

Anyone taken the CFE or CIA? Feedback is appreciated with respect to review courses and prep time. Thanks.

like

I just had my 1 year anniversary in PA and I have one CPA exam passed. All of the people I work with are trying to motivate me to get them done ASAP. Am I better off powering through them and...cont.

like

Looking to possibly boomerang back to public somewhere between senior and manager level in the Boston area, likely in the real estate industry. Either advisory or audit. Any interesting opportunities?

likehelpful

Other than addy, how do you guys stay focused for the extra long days?

like

Anyone who works at Deloitte: is there anywhere I can go to find training videos for softwares used at the firm like AS2, etc?

like

If I have 5 years of experience with one PA firm and three internships, do you think a two page resume is appropriate?

Currently having a debate with my husband, so any and all input is appreciated.

funnylikehelpful

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