Getting Laid Off from a T2 Firm... Now What?

Today I got a call from a Senior Partner (who was supposed to be my "mentor" but had never called me before) letting me know that I'm being transitioned out of the firm... Just last review cycle, I was considered an upper-third performer, and I had no idea that my fortunes would reverse so quickly... Now, without any leads or preparation, I've got two months to find a job. I'll spare you the details, but I definitely feel betrayed by my firm and am in a bit of shock, and we have to look forward. 

I've got a good resume, with CDDs, Growth Strategy, and Ops Excellence projects under my belt, but my network isn't the largest and I'm not sure how much good applying on LinkedIn would do me. Would appreciate any insights (or leads!) into how to navigate this process. 

Stats: T2 Firm (think Kearney, OW, EY-P, S&), 1.5 YoE, semi-target state UG. 

2 Comments
 

I have no real advice to add but just wanted to say I am truly sorry that this is happening to you. I hope you are able to find a job that you like even more soon.

 

Veniam iusto tempora laborum animi aspernatur ut ut. Quis rerum maxime quae facere. Odit deserunt et eius. Sapiente qui quis ducimus et.

Career Advancement Opportunities

July 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 99.0%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

July 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 99.0%
  • Boston Consulting Group 98.4%
  • McKinsey and Co 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

July 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 99.0%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

July 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (53) $247
  • Engagement Manager (113) $232
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $135
  • Senior Consultant (354) $132
  • Consultant (642) $122
  • 1st Year Associate (577) $121
  • 3rd+ Year Analyst (164) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (391) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1163) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (634) $68
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”