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I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?
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Name and shame the firms doing stealth lay-offs.
So I've had 2 hiring managers and several recruiters from Amazon reach out to me about applying for some open positions with the company (android). I completed the coding assessment and now they want me to go through a round of 5 hour interviews next week. Is there a good chance I'll be hired if engineering managers are reaching out to me? I'm really not sure how badly I want to work for them and I don't want to be laid off months after being hired on. Anyone know what Amazon hiring is like?
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Any word on layoffs at JPM?
Turned in my two weeks today!!
Apparently this email went out at Cohn Reznick
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What are the best Sales books y’all read?
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McKittensey & Company, anyone?
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I've been laid off and have no problem being non-anonymous in reaching out to her. Guys, being too scared to speak up is what causes this perpetual culture of fear. The firm thinks they can sweep this under the bus and fully intends to, I don't want that to happen. People deserve to know.
I'll never speak to reporter again. They're so shady about the rules of anonymity.
Burner LinkedIns aren't beneath journalists
Difference being PwC was going out and poaching talent (me from Deloitte) and laid me off less than a year end. Bad business ethnics to start and fact that they can't gauge their business shows ineptitude.
I'll let it rip if this is for real. I ain't scared #WentToChurch
^ a complete lack of ability by leadership to gauge business would be a start
What's there to report? Business and economic conditions are cyclical but consulting firms hire kids straight out of school, year-in, year-out, to ensure they feed the machine with a fresh crop of talent. Sometimes there's an economic downturn and you have to reduce costs. End of story
Not a fair game at all, S&1. Your logic would maybe make sense if they were transparent about doing that and actually did only lay off from the classes they overhired from, but instead they scattered the layoffs across the firm based on metrics like short-term future profitability (maybe for the layoffs to look less obvious? Who knows) which are based on what projects are in the pipeline. And then on top of that, they handled everything poorly.
Also, if PwC didn't need me I would have much preferred to just not get an offer and taken one of my other consulting offers while I had them or even applied for industry firms. Now I have less than a year of job experience, it's all in an industry I never wanted to be in, and I no longer have campus recruiting to fall back on, so job searching is exponentially more difficult because companies primarily either hire from campus or from 2+ years experience. I'm in the forgotten gap in between. And no, the PwC "brand" does not help.. At all. Have not had a single recruiter impressed by it since I'm not in tax or audit.
I am essentially worse off after my time with the firm than I was pre-PwC, which is what I don't think is fair (I'm also assuming P3 feels the same, though he/she is a lateral hire and not campus). I shouldn't be punished for the firm's inability to set accurate goals and then meet those goals.
^ That's exactly the type of fear-mongering that has to stop. If a company doesn't want to hire me because I agreed to speak out on some very shady practices, they're probably a company with just as bad of a culture. I wouldn't want to work there. Plus, for those that really are too scared, just speak on anonymity or screen shot all the posts of misery on fishbowl and send to this chick
Major issue if PwC is laying off undergrad hires within a year- destroys their reputation and ability to recruit.
The Deloitte layoffs are not from the business tanking. It's because the firm just barely made plan and the attrition rate was super low this year
Reporters and journalists these days are worse than the politicians. Would never trust them
Common sense dictates that unless her job position mentions consulting, she won't be able to join the group
Would love to see leadership be held publicly accountable for how poorly everything was handled
Also hope this shit storm hurts their beloved brand... I feel like the need to drop considerably on vault and Forbes best places to work
Also p7 I would like to add that literally 2 weeks before I was laid off, I had asked a partner about layoff rumors and he told me "campus hires are safe" lol soooo yeah don't think partners won't lie to you
Yet another comment perpetuating the culture of conformity and fear at these firms. Thank you PwC 10 for such insight.
PS. It's not JUST a cyclical downturn when 2 of our main competitors (EY and KPMG) aren't having mass layoffs - it's also bad leadership. "PwC and Deloitte attempt to hide financial troubles despite mass layoffs" would be a title I'd click on.
They are laying off pregnant women. That's how ruthless PwC is. Write these down Lauren
ACN 2, I guess you don't get it since your firm fessed up to your layoffs... But it's the fact that D&P are trying to pretend like everything is just fine when in fact their businesses are tanking (at least PwC's is). Further, lack of communication and how unprofessionally some of these layoffs were handled (like on the phone? Really???) would probably make a good read. Shows their true colors to prospective employees (and maybe even prospective clients who PwC lies to about having sooooo much experience doing XYZ)
*when you layoff this many people, and modify your own pwc framework to accomplish it. Pretty disheartening on how your snapshots pretty much didn't matter. After my first snapshot I had everything at partial or next level. The only thing that was off was that my ultimatum was around 60%. However we were assured by leadership that for the first year it didn't matter. So despite doing pd work almost non stop to make up for the lost hours, I was still let go for performance issues. You know it's bad when your directors and managers reach out to you after the firing to let you know that you did a great job and that they'd be more than willing to write recommendation and reach out to their network.