What are some obvious and non-obvious signs that your firm is about to initiate layoffs?

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

You’re not getting staffed and a lot of people are on the bench. There’s communications about ensuring you say yes to all staffing opportunities.

Staffing is the #1

like

Budget cuts for social events and expenses

like

Long time company exec here. Managers are usually the last to find out. I make the redundancy decisions at my business unit level and it is always NDAed. The only hints an employee might get are increasing focus on job titles / job families and ensuring people are “coded” correctly.

like

A noticeable decrease in future work and projects

like

Your CEO is Julie Sweet.

funny

If you are in consulting right now, just know layoffs are happening and will continue to happen

like

The “office” got it right. Management will be the first to learn about forthcoming layoffs. Stay close to managers, and they will provide you with hints.

If the firm isn’t doing well financially.

Other austerity or budget reduction measures.

Not enough work for everyone.

Look at your holiday party

Your stock price is half what is was in January 🕺

- RTO calls
- Vague + petty negative feedback on big PRs that are never communicated previously
- Quarterly Earnings report
- Downward trending revenue projections

When my boss asks me who we should terminate.

Related Posts

Any layoff expected in bny ?

like

Hey! Any Google folks know if it’s possible to negotiate fully remote if a contract role is hybrid? Personally, I don’t want to relocate and go to the office on a contract role given the current economy. Plus, I’m assuming contractors are the first to go in layoffs. I just think it’s a fair trade off if I’d be allowed to work fully remote. I’m also trying to have flexibility to manage my Airbnb business in a different country. Same time zone as the home office if I’d travel weeks at a time.

like

Looking for respectful ways to manage helping people in need of a job or seeking mentorship. I get 3-4 requests a week from mutual contacts asking if I can connect with a former colleague (always broad). Typically the ask is a 30-45 min call. I’ve been laid off, I know how hard a time it is, but equally am working long hours, parenting and want to reserve time for those I know. How do others manage these extra calls into their weeks?

like

Recently laid off and looking for recruiters that specialize in media/strategy/advertising (both agency and client side). Sure there are others looking as well - would greatly appreciate any info.

like

Hi all,

I have one question -coming 2023 year maybe recession hit worldwide economy. Can we worried as a accenture employee? Any news for mass layoff for recession?

like

Did someone get fired in the new manager training in Orlando after getting drunk?

like

Hello all,

I have got an offer from vmware but I have heard that vmware layoff employees a lot. Can anyone please put some light on the layoff situation in vmware. I am really confused

Thanks

like

Tax Senior here. I’m well liked around the office, I put in the hours and work hard, I haven’t had any dumpster fire projects, but I am a mediocre performer compared to my peers (not as strong project management, communication, not as confident). I just got told they’re firing me. Should I expect severance? Have other people been fired for similar? What did you do with your career?

like

Hi everyone, my sister was fired from her job because her exemption from the vaccine got rejected. She has Director of Nursing experience as well as experience with case management and utilization review. Anyone know of any startups or tech companies that are remote and wouldn’t require a vaccination that are hiring for experienced nurses? Really appreciate the help! Any leads are welcome!

like

Hi all.

Unfortunately I've lost my job yesterday (laid off) and I'm looking for a new job.
I've 2.4YOE as a data scientist and I can join immediately.

Please DM me if you have any openings to share.

TIA.🙏

like

First year here. Do associates get fired for not meeting the billable requirements?

like

Thoughts on posting promotion updates on LinkedIn during this time? Being mindful of mass layoffs and the unemployment rate, do you think those who earn promotions should postpone posting the update?

like

Hey guys! Yesterday the company i worked for laid off the people in our state for economic reasons with no notice. I’m in desperate need of referral in entry level SWE/SD(or similar) positions at the moment. Any help would be greatly appreciated. Thank you!

like

What is the severance pay in pwc India?
Does everyone who gets fired be eligible for it?

With some of the big tech firms stock prices taking a hit..Meta layoffs announced last week and a few others revealing some teething issues. How do you see the tech market Outlook over the next few years.

Software Engineering compensation
Demand for tech hiring
Are we seeing a shift within the FAANG club and are we going to see new arrivals to the table?

Is the life-span of big tech companies usually only a few decades. If companies stagnate, they die...is this just a sign of more to come

like

Laid off by Deloitte. 7 years of experience in strategy and operations consulting. Need help with companies that sponsor

like

Stuck in a weird limbo where I want to leave my job more than anything but grateful that I have one at all with all the layoffs in our industry. It's a new kind of trapped. Anyone else feels the same?

like

Hi Fishes

Please advice
I am currently working in TCS (11LPA 10 years Exp)

I have 2 offers in hand. TechM with 19LPA & DXC with 25 LPA (23L + 2L Variable)

DXC hired me for Indian client .My job profile on system admin. Work will be on Legacy Technology. Do I get chance to upgrade to cloud and shift to different Client

Most of the review on DXC is negative. How will be job security and work life balance. In most review I see "termination & layoffs." How is current situation in 2022
Thanks!

like

More Posts

Does anyone feel like they don’t want to go back to normal? On the one hand, absolutely I want to. I miss seeing friends, dressing up, going out, and traveling for work. On the other hand I have saved so much money over the past year, spent a lot more time with family than I would have ever been able to, and actually rested and been able to focus on my wellness (started therapy and treatment for a chronic condition.)

like

Any good side gig recommendations for a main gig Cloud Support Engineering Job

like
like

Did the billable hours bonus not get paid out today? Or is it to be paid in the next check?

Anybody here an Account Manager at AON?

How do you like it?

What company runs the background check?

like
like

Thoughts on Veteran status and the ongoing corporate layoffs?

like

How is the US Tax Consultant role at PwC different from Biglaw tax work?

like

As lawyers are there ways to get paid for connecting clients?

like

Need help with a formula. I’m downloading bank statements to excel and I’m trying to do a lookup so it fills in the category based on the bank description. The problem is I’m trying to use the entire bank description as my lookup value, but the table array I’m searching only has the first part of the descriptions (because the last parts are all different bank ref numbers). How can I do this?

like

Anyone used to listen to botdf they were 14?😂

Post Photo
funnylikeuplifting

Anyone know the salary range for Supervisor Customer Service at Fiserv? They just reached out and I have a phone screen in 2 hours.

like

Creative Director and Adobe expert here, InDesign, Photoshop, Illustrator, Premiere Pro… I’m looking to teach, tutor, train interns or pros how to create. Creative training since 2013, I teach remote 90% of the time - looking for a new opportunity to teach, train and learn something new!

like

I recruited in CTS for Aviva product account. any one knows about this project ? Please let me know

Representing a client pro bono in a defensive asylum case scheduled for a merits hearing this week. Government has agreed to dismiss and we have fully signed and filed a joint motion to dismiss. Any chance the IJ denies our joint motion? I'm prepared for the hearing but curious if IJs still get credit for resolving the case in this scenario. Thanks!

Hello fishes, will be really insightful to understand cost of living in Doha for a single person. Rent + food and other expenses manageable at 8-10k QAR/ month?

like

Where are the matured girls? Done with the kids!

like

Rumor: CSR annual fee is increasing to $550. Added perks: DoorDash and Lyft credit.

like

Sprinklr hiring for Senior devops engineers & devops engineers
3-5 years experience
Location: Bangalore
Let me know if anyone is interested

like

Additional Posts in Consulting

Any book recommendations for the summer vacation season? What's your favorite book over the last year?

like

I just took an international trip via KLM and my ticket was bought through Delta. I’m a Delta Diamond Medallion. There were zero (actually negative) perks with flying with partner airline. More below

like

Any therapist recommendations in San Francisco? Specifically looking someone to help with work related stress issues. Also, any non-SF recommendations welcome if they are open to video appointments!

like

If I need Friday 4-5pm to go to a doctor's appointment, do I need to set a meeting invite to my manager in order not to be fired?

funny

Can I load my iCloud photos to my MacBook to free up iCloud space? If so how?!!!

like

Which consulting firms are hiring for experienced Associate position? Have a friend who got laid off and looking for another job.

like

Hello! I’m going to BSchool in August. Any recommendations on books / websites / videos to be more prepared for management consulting interviews?

if there's no pension anymore and a significantly lesser lump sum payout, why become a partner at EY?

like

Some annoying dude I didn’t like in college just joined my firm & keeps trying to message me. Do I ignore or what lmao

likefunny

Directors and Managers- how often do you find yourself rolling up your sleeves to re-do work done by your team because you tried to set expectations + iterate but ran out of time?

like

Accenture folks, seeing lots of news about layoffs at other firms here. Are we in the same situation?

like

Have the Big 4 raised their initial post-MBA salaries to somewhat match the recent MBB offer changes?

like

If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?

like

Does anyone from EY have insight on layoffs? I'm seeing horror stories from other firms but haven't heard anything about EY layoffs. (Manager, FSO-Advisory-Risk)

How did you decide what you want to do and what skills to learn? Interested in product management but also digital marketing but also strategy. Idk what skills or systems to learn or even how to choose one, they all seem interesting.

like

Officially on maternity leave for 8 months after today!! I also got the green light for promotion, pretty happy with all things Deloitte right now! 👌🏻👏🏻

like

Does anyone know where I can go for a short period of time to get a business work setup? Two monitors + keyboard + mouse and good WiFi? I have a timed case study coming up and would ideally go into the office to do it but it is closed and i don’t have a good wfh setup.

like

What is the value in professional certifications? ACCA, CFA, CIPD, etc.

like

Any Seattle tax accountant recommendations?

like

Looking for non- fiction book recommendations. I just read Shoe Dog and loved it.

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