Current recession giving ‘08 vibes to consulting companies in India:
Slow pace of new projects, ramp down of existing big clients, massively over hiring in 2022 (key reason) has led to most people being on the bench.
Wouldn’t be surprised if the ‘Up or Out’ model comes into action more aggressively for the upcoming appraisal review cycle(s).
Brace for impact!
(all unconfirmed, heard through ‘grapevine’)
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So, I’ve been hearing a lot about how consulting firms are struggling lately. Layoffs, hiring freezes, you name it. A lot of boutique firms seem to be doing better than the big players like MBB and Big 4. Has anyone else noticed this tre...
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A...
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When I think I should leave my job and start searching, Grapevine pops one of these scary items 😭
That's why the government is giving free ration for the next five years also. No need to worry. Also there is an opti...
~200 log (20-25%) are affected. Work ex 2-3 years majorly.