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Industry-wide layoffs tomorrow or nah?
Thoughts on all of the layoffs happening?
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McKinsey & Company Hi guys,
Please help me with the referral.
Senior/Lead data Engineer
Exp -- 8.5 years
Notice period -- 30 days
Tech stack -- Big data,Hadoop, Spark, Kafka, Azure,Python,Scala,Sql
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Can capgemini pay 35 lacs at c1 band?
I'm guessing it's a bat mobile?
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But we haven't transitioned to the new RPM system yet...
Following
No change of strategy explained. At least not SO
I heard it has to do with the new RPM system, it's easier for leadership to separate people who are doing worse and still slipping by with a 3 instead of a lower rating
I believe it is because overall consulting market is shrinking due to clients holding onto their money and deferring big projects. M&A space is ok as long as there are transactions.
Is anyone explaining it at all?
@d4 some groups have...not sure if that's where the layoffs are happening though. My group is significantly above our stretch goal so I'm not close enough to the layoffs to know, this is only word on the street
@d3 what group
The federal practice switched to the new RPM system last year and used the plot in consensus meetings. Haven't heard of any layoffs in federal so it might not be related to RPM
I dont think it is RPM related
.
Election year bruh!
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Also in fed and haven't heard of any layoffs
.
Deloitte is doing off their strategy arm
Spinning*