{ "media_type": "text", "post_content": "What are the most stable companies/industries during this recession and pandemic 👀 Or which consulting firm has the least risk of having massive layoffs?", "post_id": "5ee95256ccc58f001b3569ca", "reply_count": 84, "vote_count": 8, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

What are the most stable companies/industries during this recession and pandemic 👀 Or which consulting firm has the least risk of having massive layoffs?

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

+1 on ZS. I’m a partner there and we’re having a great year. Better than we had predicted pre-Covid. Don’t know what next year and beyond may bring, but everything looking good right now.

like

Yeah +1 on ZS. We are having one of the best years till now.

like

I think Accenture is pretty recession proof. Demand has been through the roof for cloud and digital and I know roles where we can’t find the talent to fill them.
Sure there are some layoffs for performance to cut out the less in-demand skills but it won’t make a dent in our 0.5M employees.

funny

...as they layoff mass amounts of employees

like
Recent IconRecent

Bicycle manufacturers and retailers.. can’t find a damn bike anywhere to buy

likefunny

Booz is growing at pre-corona levels, got 1200 open reqs. 5% growth expected this year. DM if you want a referral.

likeuplifting

VA, CDC, DHS, DoD, CMS, NIH etc all the lot

Probably the restructuring powerhouses: Alix, FTI etc.

like

A&M, AlixPartners and FTI consulting

likehelpful

I’ve been here for 3 years, last time I went to the office was for onboarding

Hi. I think we’d make it on the list for sure 🖐.

like

Healthcare industry in my opinion is a recession proof industry. Although our projects have delayed during covid it didn’t take away from business just postponed, I would even say business has grown but it only has really affected the actual ability and availability to communicate with the appropriate personnel in my experience so far.

helpful

Not IBM for sure!

funny

Can confirm

Funeral homes

likefunny

Federal government, healthcare, or insurance industry are stable

likehelpful

Federal consulting, federal government

like

It’s ya boy

like

Gun and ammunition mfg is working all the hours they can now. Current affairs have sales at record levels for the year.

likefunny

EM1. Latest figures show over 5 million firearms sold in April and May. Handgun display cases are empty at many retailers for items in the sub $200[ price range. Even the distributors are out of stock in many states.

Power and utilities industry is generally always stable (since everyone needs power). And so the consultants that support them are generally as well.

like

Also in utility consulting, going pretty great right now

like

Pharma is incredibly stable.

like

They’re growing right now

Cyber is booming, specifically incident response

like

Pharma is definitely stable

like

We’re a tier 3 consulting firm (Clarkston Consulting) and expect no layoffs. Message me if interested. Plus I get a referral bonus if you get hired 😀

like

We do TPM and LIMS implementations, mgmt and ops, analytics, SAP implementations, and much more.

Anything in the revcycle space for healthcare

like

Payments (visa, MasterCard)

like

A&M / Alix

like

Related Posts

Will potential employers be able to find out if you were laid off vs fired?

like

More layoffs at hill Holliday?

like

If you’re let go via stealth layoff, will the partners who had you terminated actually reach out to other top law firms and tell them not to hire you? Seems far fetched but I’m curious whether this has or does actually happen.

like

Just heard that more layoffs at EY are coming, good luck to those of you who are still left. Hope you make the cut!

like

There have been talks about a hiring freeze at my current company, how likely will this translate into layoffs, despite my team leader stating that our team may be affected?

What would you do?

like

Do we think we are clear with the layoffs?

like

Anyone work for Mindshare/Group-M? If so,has anyone heard any talks of any incoming layoffs? I want to prepare myself now for the potential BS to come.

like

I’m 27 (7 years experience) and just got laid off from an in house full time role that paid me $150k in SF. What should I target for my next role? Planning to stay in house

like

I stood up to my misogynistic, narcissistic, raunchy male boss who was insufferable to work for. I got fired. Phew, that felt good to get off my chest. Are there any agencies ran by strong, kind, talented WOMEN hiring right now?

likeuplifting

Have the layoffs the Big4 have had made news? I haven't seen anything so I'm wondering.

like

Anyone think leo will be hiring creatives over the next few months? I know there were some layoffs before the holiday.

What did the spread of the 700 layoffs look like at big D (partners to grads)?

like

Just got work from a friend that Laughlin Constable just did their 3rd round of layoffs this year. Steer clear.

likehelpful

People really get fired up in this bowl...

like

One of my work friends just got laid off 🥺😭

Would you send them a message and if so, what would you say?

like

Am I making a mistake internally switching to FDD? Have an Audit partner who mentors me telling me Audit is better if you intend to stay long term: easier and more clear path to make partner, audits are recurring revenue, more diverse exit opps, FDD takes audit people but not vice versa, layoffs more likely in recession. Thoughts?

like

Industry vets - in your experience how recession proof is insurance? I was not yet in the job market last recession but I watched my mom get laid off and struggle to find employment during that time for the next 1.5 years. I was wanting to hit the job market towards the end of this year, but now I worry that if I do move companies, the recession could put me in position of last one hired first one fired. Is it better to stay put?

like

If i join a deloitte competitor, do i get fired immediately? Do i still get my PTO paid out? I care less about the first part

like

My ey office was crushed with layoffs a few weeks ago.

Did anyone else get hit?

like

When will be the next round of Digital Nexus layoffs in Montvale?

Additional Posts in Consulting

Weekends be like...

Post Photo
likefunny

Work has been slow for me the last 3 weeks so instead of anxiety over a mountain of work, I have anxiety that my boss will realize I’m not busy and I panic over our weekly check ins. I don’t want to ask for more work because I have my foot out the door/don’t care to advance, i could get suddenly busy and and I’ve using this time to take advantage of recharging. Honestly, even with less work, I’m still having trouble being productive. Any advice on how to keep skirting by while I can?

like

Hi Fishes,

Position: Sr. Software Engineer/.NET
YOE:7years
CCTC: 11LPA

Wipro: 15LPA
Atos: 16.5LPA

Please help me to choose company based on Work life balance and benefits.

like

What are some good recommendations for tailored chinos for the office? Something slightly better quality than Bonobos. I’ve heard great things about ABC pants but seem a bit too techy. Any other recs?

like

I lost access to Bumble and Hinge after my stalker revenge-reported me. Is there a way to get back on to the apps? I have tried appealing by reaching out with evidence of my stalker’s behavior, but have not heard anything back for some time.

What are your thoughts on teacher spaces? I am going to have 3 paras and a 1:1 this year and there is no way I’ll be able to reasonably fit 5 different spots for teacher spaces (I’ve already said zero teacher desks). My principal said that it would be nice for the adults to have a place to go, where they can keep their things and have a spot for when they aren’t working with kids. I’ve always loved the idea of a student centered room...and this kinda throws a wrench into it. Any thoughts?

like

Facebook videos. How's everyone adapting? Were making more and more videos that have to work without sound....and in a square format. Strange times.

like

Hi All

Actively looking job in Talent Acquisition. Serving notice period and 30 days are left.

Please help me with references.

like

I’ve had 3 interviews with a company in which I was recruited for. Salary/ Comp has yet to be discussed. At what point is it appropriate for me to ask so I don’t continue and it’s way below expectations?

Hey Fishes,

Do I need to carry any documents with me to collect the laptop from office on my joining day?

like

So.

I fall into two minority classes. Never had anything close to a mentor or someone to remotely look up to that was at least somewhat like me.

Makes me irrationally angry. Am I being weird?

like

Dear partners, are you proud to be a partner at your firm? What makes you proud the most?

like

Who’s boss still print out excel worksheet and ask their staff to scan at printer as PDF file then send it to the boss??

funnylike

Please DM for referrals in Oracle
Vacancies for
Java/JavaScript front end developers
Software developer
Tableau developer
Core Java
Senior Test Engineer
Cloud Infrastructure

Locations- Bangalore, Hyderabad, Pune, Trivandrum

like
like

NYC cobbler recs? Looking for somebody who specializes in luxury shoes. Need a few pairs tweaked and want to go to somebody I can trust will not ruin the shoes. Thanks in advance!

like

Looking for a hungry, energetic healthcare consultant looking to get into tech sales. We are a startup custom AI consulting and dev shop, spun out of a major healthcare automation company. Looking for someone tech savvy, with an eye for real innovation, that wants to drive us forward and be a leader in the company. Not looking for a suit and tie BD with a rolodex....you must fight above your class, find in roads, and be relentless to sell big and fast. DM me if interested.

likefunny

Hi! What’s the PIP in Deloitte like? If a person has been performing below average, consistently for some time, what’s the usual course of action?

like

I am starting my new position in risk assurance in few weeks and am looking for some reading recommendations to put me ahead of the curve and prepare me for when I start, any suggestions?

Additional Posts (overall)

Is there a hierarchy within FAANG of which companies pay more/less? Why isn’t Microsoft part of FAANG instead of Netflix?

like

Is it true that Accenture fires people if they are on bench for 6 weeks?

like

What standard issue notebook your company gives you?

like

When applying to EY-Parthenon internship, can you apply both to the SSG and as a generalist associate intern or do you have to pick one?

like

My home is near a busy and noisy road. Is there anything I can do to help diminish the sound that doesn’t require me to exchange all the windows? Any and all advice accepted! Thanks!

likehelpful

If you are new on a project what are important questions to ask

like

FWIW all of you trying to get into LGA, relax. Gov. Pence has safely made it to his Manhattan hotel, but he did have to skip his $1,500 a plate fundraiser.

like

For those interested in PE recruiting, I wrote an article designed to shed some light on which recruiting firms to contact, how to contact them, etc. Link in comments, I hope it helps!

like

Former D 🐠- how does our PTO get paid out when we leave? Is it taxed at the regular rate or bonus?

like

Verbal offer acceptance and formal offer taking over a week and counting.

Wtf can go wrong peeps?

like

@EY folks...can you provide insight to the customer strategy practice? Solid work? Strategy projects % vs ops? Strong clients? Being pursued by recruiter...in cust. experience strategy rn, non big 4

like

What is the base salary range for testing manager at CDW? Curious because a recruiter reached out to me

like

How many vacation days do you typically use each year?

like

As an extension of OW's thread on how willing MBBers are to move to non-MBB firms, on a scale of 1-10, 1-being definitely not, detail firm and rating with explanation.

like

Thinking about going back to school(MBA) after 3 years of Big 4 experience. Worth or nah?

like

MBB folks with ~4 YOE pre mba, what kind of industry roles at Non FAANG companies are you exiting to and how much TC?

like

Accenture Folks - Title wise : Manager MC or Principal ? What are the benefits ?

I am A3 lvl A. Can anyone explain this structure for me? I didn't pay attention during that webcast last year.

like

Interviewing at EY for customer digital practice, SC or Manager role (not sure yet). What should I expect?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.