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Do you feel the recession nerves at your firm?
Posted: Tue Oct 04, 2022 12:06 pm
by Anonymous User
V10 and during a large meeting had multiple anonymous questions about potential layoffs. People concerned elsewhere too?
Re: Do you feel the recession nerves at your firm?
Posted: Tue Oct 04, 2022 11:55 pm
by Anonymous User
Can confirm that similar questions were posed during a town hall at my firm, where mgmt clarified that no layoff/freeze is on the table. However, it seems like a matter of time as there has been zero real deal work on the horizon. IMO we will get some bounce Q4, but all depends on fed policies and if a real recession (ie, not just WST and SV) happens.
Re: Do you feel the recession nerves at your firm?
Posted: Wed Oct 05, 2022 1:46 am
by giggaman1228
It is kind of a strange question to pose at a firm meeting. It's not like the firm would ever admit to planning layoffs..
-Chris
Re: Do you feel the recession nerves at your firm?
Posted: Wed Oct 05, 2022 8:02 pm
by Anonymous User
I've heard at least two "We might all be working in bankruptcy in a few months!" jokes this since last week, but that's it.
Re: Do you feel the recession nerves at your firm?
Posted: Wed Oct 05, 2022 9:58 pm
by Anonymous User
Lateraled to the group 12 months ago. Was the nicest place on Earth back then. Now the labor market has loosened, all pretenses have been dropped and lots of a**holes showing their true colors.
Re: Do you feel the recession nerves at your firm?
Posted: Thu Oct 06, 2022 1:47 pm
by Anonymous User
Job market suddenly feels tight - anyone else get the same feeling?
Re: Do you feel the recession nerves at your firm?
Posted: Thu Oct 06, 2022 3:03 pm
by Excellent117
Anonymous User wrote: ↑Thu Oct 06, 2022 1:47 pm
Job market suddenly feels tight - anyone else get the same feeling?
The number of headhunter emails that continue to hit my inbox certainly wouldn't indicate that.
Re: Do you feel the recession nerves at your firm?
Posted: Thu Oct 06, 2022 5:55 pm
by Anonymous User
Excellent117 wrote: ↑Thu Oct 06, 2022 3:03 pm
Anonymous User wrote: ↑Thu Oct 06, 2022 1:47 pm
Job market suddenly feels tight - anyone else get the same feeling?
The number of headhunter emails that continue to hit my inbox certainly wouldn't indicate that.
Aside from headhunters, how does one find lateral positions?
Re: Do you feel the recession nerves at your firm?
Posted: Thu Oct 06, 2022 6:03 pm
by 12YrsAnAssociate
Excellent117 wrote: ↑Thu Oct 06, 2022 3:03 pm
Anonymous User wrote: ↑Thu Oct 06, 2022 1:47 pm
Job market suddenly feels tight - anyone else get the same feeling?
The number of headhunter emails that continue to hit my inbox certainly wouldn't indicate that.
The headhunters still exist, whether or not the volume of jobs is there.
Re: Do you feel the recession nerves at your firm?
Posted: Thu Oct 06, 2022 7:52 pm
by legalpotato
12YrsAnAssociate wrote: ↑Thu Oct 06, 2022 6:03 pm
Excellent117 wrote: ↑Thu Oct 06, 2022 3:03 pm
Anonymous User wrote: ↑Thu Oct 06, 2022 1:47 pm
Job market suddenly feels tight - anyone else get the same feeling?
The number of headhunter emails that continue to hit my inbox certainly wouldn't indicate that.
The headhunters still exist, whether or not the volume of jobs is there.
This