Related Posts
More Posts
I hope some genuine people are their in Fishbowl
Just now finished my MBA, So I'm looking for a role in Finance domain and I would appreciate your support.
My focused area is Investment banking, Financial markets, Financial analysis and reporting
I know you people will help me and I'm very grateful for you guys.
https://www.linkedin.com/in/manju-ram
Additional Posts in Consulting
Note 8 vs Apple X vs Pixel XL
Is LinkedIn Premium worth it?
New to Fishbowl?
unlock all discussions on Fishbowl.



Rising Star
Yes, recession is coming.
Yes, it's going to last more than a year.
Inflation is not going to come back down any time soon.
People assuming that interest rate hikes will lower inflation like they did in the past are wrong.
So,
get on a long term project where you can be valuable.
Or join a product / tech platform company that’s so integral to the clients operating tech that the perpetual revenue source makes them a survivor!!
Chief
Yesterday’s thread on this topic
https://joinfishbowl.com/post_3zfwbto36g
No.
I think pharma and healthcare generally weather downturns better than other industries. Ops work tends to fare better than corporate strategy, which is seen as more optional. M&A and CDD groups are vulnerable as deals dry up quickly.
Chief
A lot of defaul-dead startups will be hurting but employment is so high right now with a labor shortage it probably won’t be anywhere near a shock like ‘08
Pro
Yes some companies will have layoffs
Audit related consulting group in the big4 should be safe
In the worst recessions recently in developed countries unemployment has risen by 10 percentage points or so - the odds are not too bad. Layoffs in large consulting firms are unusual (none I’m aware of since dot com bubble burst) but up or out tends to shift more towards out and recruiting slows sharply.