When recessions come around, how likely are consultants to be laid off?

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Depends on the work you do. Cost cutting programs are an easy sell in recessions

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The 10 year treasury bond interest rate is now higher than the 2 year treasury interest bond rate suggesting that investors feel that 2 year treasury bonds are riskier. If this holds for a few months, a recession will likely hit between May 2020 and December 2020 so I am naturally curious about job security

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Sorry about that!

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Somewhat depends on the area - some are impacted more so than others.

Also generally this starts with letting low performers go, especially at senior levels as they’re much more expensive, then folks that are not likely to move up and/or have been at the same level longer than their peers.

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Larger firms it definitely happens more often especially if you’re on the bench and have no prospects of immediate staffing. They have a lot of bodies to work with. Smaller “firms” need higher caliber consultants to get by. Those are not easy to find so layoffs are not as common. Low performers definitely start to get weeded out though.

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Do you think it is quite possible to get fired by asking too many questions as an experienced senior 1? If so, i might get fired after this busy season.

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Had a fight with my MD or let's say more like argument. After that the next 2 months was endless nitpicking and pulling me for mistakes that aren't really in my control.

Post 3 months, I apply for a transfer. Transfer process delayed for some process reasons
No negatives/issues in my f22 feedback. Utilization above target. Way Above average
Recently fired without reason
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PS: Ignore typos. Written in anger

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Hi Fishes!!!
How is Coforge(previously known as NIIT Technologies) is for the Scrum master role on the basis of :
1. Work life balance.
2. Work nature.
3. No. Of teams handled by one Scrum Master.
4. Being Agile forum.
5. No. of reports and meetings for the agile forums not just teams.
6. Layoffs.

Please help me by answering as many pointers as you can.

Location is Noida.

Thank you.

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I am interviewing for a Sr. Program Manager role at Adobe. Glass door says ~252k. What a typical base would be? How does adobe feel in the market right now as far as layoffs and expansions?

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

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If I just chill on the bench for long will I still only get fired at the end of the year?

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Novartis India recently fired 400 employees. I have read in an article. Is job security an issue at Novartis?

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So are the layoffs at Deloitte over ?

Any word on layoffs at JPM?

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Some BS I noticed that I’d like to call out…

As we’ve all seen there have been layoffs happening left and right. However, there’s a right way to handle the situation.

Lyft isn’t one of them. I was with the company earlier this year on a contract to hire role that was ended suddenly. Then, yesterday I saw on LinkedIn that most of the team was laid off (including team lead) YET I’ve had a recruiter reach out to me to apply to my same old position with the team but…

-continued in comments-

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Just heard EY is about to make more layoffs in audit too

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I felt very good following Dana’s Town Hall. Having heard other networks are already facing furloughs and layoffs, did you feel as encouraged?

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Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

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Does anyone know the criteria used to determine who is selected to be laid off due to COVID?

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So someone I know asked HR about a boot policy. When he found out that there wasn’t one, but his boss said there was (who gave the guys $ for boots and the claimed it on his expense reimbursements as something else) the boss got mad at him for askingHR (and in trouble for the expense reimbursements) and then 2 days later laid off my friend. There appears to be no notice of bad performance and this person always was the first person on the job site ready to work. Thoughts?

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Hi Folks. Switching from product base to service base at level 9 in accenture in SAP Domain .
Can some1 explain how the journey starts from day 1.
Heard Noise abt client interviews , bench process,layoffs etc etc.
Need Serious Comforting advise.

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If you still believe the election was stolen, you should be fired from your job because no client deserves a consultant with such poor critical thinking skills.

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I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

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Got the letter.

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Hey Fishes Looking out for a job change and came across vacancies at Deloitte India as per my profile and experience. Can someone kindly help me with the referral. That'll be great help. Have been trying from a long time to switch but nothing fruitful yet. Your referral might make the job hunt a bit easier so kindly help. Yoe: 3.3 Profile: SAP SD associate consultant Immediate joiner
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Looking to grow and network with people in different industry. Has a young person it can be a little tough to get your foot in the door. DM if there’s any opportunities.

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Hi founders! We are open to providing staffing services for those need extra help on hiring. Feel free to send me a message and discuss more! We can save you tons of time and hr money on recruiting, and we are scale up experts for startups! We want you to do well and advance!💙

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