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ZS Associates
I have a couple of questions for ZS fishes-
1. Is it possible to turn down a promotion at ZS? I'm currently happy with my responsibilities as a Decision Analytics Consultant and don't want any added responsibilities in the near future (next 5 years)
2. Is it possible to shape up a career path in the BC stream which doesn't involve business development? I don't want to get into working on SOWs and RFPs.
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No, both just were too aggressive on hiring last year and didn't grow as quickly as expected. Additionally (at least in Deloitte's case), a lot less people left the firm this past year so that coupled with over-hiring led to Deloitte having way too many people
How has the market not been volatile? There was the terrible beginning of the year. Then it was good. Then Brexit. And now it's at an all time high. That's completely volatile.
Work has been anything but slow, pWC and Deloitte have slipped a little market share wise, it'll rebalance, it always does
Don't forget it's an election year, a lot of companies take things slow while they wait to see where the chips fall
D2 we won't officially be in recession till March, but we are do a recession, best indicator is November.
How deep may hinge on the election (Wallstreet runs on confidence) but it'll come before either takes power. Just isn't official till 2 quarters of negative growth
Also, isn't consulting a leading economic indicator? Meaning the economy isn't bad but likely will start to show some signs of a slowdown
Ey1 just looking at overall trajectory of s&p 500 since Jan
Banks performed very poorly in the first quarter. Goldman laid off a lot of people. Credit Suisse has shut down a few trading businesses. Db's net income is down 98% in the second quarter.
It's mostly folks in the financial services sector... Everyone else around here seems heavily utilized