layoff
If you're fired, whats Plan B?
As someone who is waiting for the other shoe to drop, I'd be curious to hear what other people in finance who have been laid off or are waiting for impending layoffs plan to do if they're let go.
I'm looking into Teach for America or considering going to a non-top 10 B-school.
Layoff Package
Can any one enlighten me on first/second year analyst layoff packages?
NYC-BB-IB Is it three months salary and benefits (health,life,etc)?
For first year analyst,is it most likely that there is no required payback of relocation/signing bonus?
Any help offered with new job hunt?
Thank you.
In a time where people are upset over getting a low bonus, others are worried about being on layoff list.
Five Signs You May Be on the Layoff List
http://online.wsj.com/article/SB122408387321636583.html
More than 750,000 jobs have disappeared from the U.S. economy this year and workers face the prospect of plenty more layoffs to come as a continuing credit crunch and weak consumer demand hamper firms trying to maintain payrolls.
The good news is that workers can look for red flags for approaching layoffs, and knowing that a job loss is coming is a first step to getting back on your feet, experts say. Here are five omens that may signal your position is on the line.
Others are losing their jobs
Even if colleagues have been let go, workers are often surprised when it's their turn to get called into the boss's office. You are not immune. If others are losing their jobs you may too, even if your boss says different.
Women carrying boxes leave the Lehman Brothers headquarters.


