What is the chance that my MBB contract gets rescinded before I start working? I got the job and I start in 2 months as a associate consultant, but with all of these recession and hiring freeze talks I am beginning to worry they might change their mind

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Unlikely.
MBB is known for planning long term the talent development, not making panic hires to reach quotas and size.

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Thank you, this is reassuring

Very low, in 2020 many start dates got delayed but no offers rescinded. I think delaying start dates again is also unlikely as it really messes up pipeline planning (having the right number of people at each level)

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Agree with others. Extremely unlikely

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Even in 2008/2009 (the “Great Recession”), Bain didn’t rescind offers. I’d say the chance in this environment is effectively 0%.

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Anecdotally, they’re expecting record hiring while also conveying a clear eyed view of a possible downturn. Previous downturns have proven that MBB is at least flat and the following rebound requires a fully developed staff that can’t be “turned on” in a couple months. So they plan, by hiring you.

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Unlikely

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They manage their pyramid much better than Big 4 and will have plenty of demand through a recession. No worries and congrats.

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We will just delay/wont rescind. Also be harsher kn reviews with current staff.

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Yes

Close to 0

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