Fired 2 months ago

Smoke Frog

10mo

Most Helpful

You’re never f*cked. It’s just a very tough market right now, with so many good people being laid off.

I have never heard being let go, especially if not performance related, was a red flag for top mba programs? Who told you that? I sometimes interview for my alma matters, and I never penalize anyone for being laid off. Are you getting any traction in Corp dev roles? Or are you solely focusing on PE?

Surrounding your firing, was there no one else you could ask in the company? The VP left, so you were down a man, and they still fired you? They said it was no performance related and you made it seem like it was a vendetta against you. Was just curious why there was no one else in the team or company that could have helped worked something out.

Manager in CorpDev

10mo

Smoke Frog
You're never f*cked. It's just a very tough market right now, with so many good people being laid off.

I have never heard being let go, especially if not performance related, was a red flag for top mba programs? Who told you that? I sometimes interview for my alma matters, and I never penalize anyone for being laid off. Are you getting any traction in Corp dev roles? Or are you solely focusing on PE?

Surrounding your firing, was there no one else you could ask in the company? The VP left, so you were down a man, and they still fired you? They said it was no performance related and you made it seem like it was a vendetta against you. Was just curious why there was no one else in the team or company that could have helped worked something out.

They do ask about reasons for departure/resume gaps when reviewing your resume/cv. while it's best to be honest, I could just say I was laid off because I have a recommendation from the VP that was there
I am getting traction on corp dev roles, it's just looked down on when you want to get into pe/ib, so i really didn't want my next role to be cd again but it is leaving me no choice due to the economy, I feel like after another 2 more years of cd, if the economy recovers, no one would consider bringing on an associate with 0 IB and 8 yrs of CD if I skipped the mba route
Surrounding my departure, so it was a really shitting situation. my VP put their notice in January but it was like a 3 month notice due to them overseeing many functions outside of CD. The director went behind the back of the VP with blessings from the CFO and started interviewing people for my position, they never disclosed this to the VP. In fact these people did not go through the normal interview process and were purely remote applicants. Fast forward, VP's' last day is a Friday, I get a message on Monday after that Friday from a gentleman they made an offer to contacted me before accepting his offer asking about the group (on linkedin). I asked the director about this message I received, and boy did that SOB turn so fucking red, his voice started to crack like a boy going through puberty as the lies poured from his mouth.. Within hours I am sitting in a room with HR and I am fired for "non performance reasons" because I was pretty much a top performer the whole time I was there always receiving the high end of the bonus range and reviews from the VP. I was also very well liked by many people in the finance dept so when people asked, wtf just happened, he confided to his closest people that he did not like how I had autonomy and found it disrespectful the VP would skip over him to go to me for work.

Smoke Frog

10mo

Yes but you can say you were laid off and not fired. There’s a big difference. And your VP letter will back you up.

I understand your fear of taking a corp dev job next and make yourself even more unattractive for PE. But sometimes life throws your curveballs man. I wanted PE too, but half assed the recruiting cause I was arrogant and now just accept that dream is gone. It sucks but you can’t always get what you want. That being said, mba to PE is possible. I’ve seen it happen.

Finally, that is a really unfortunate outcome for you. I’m shocked the VP didn’t have more power to keep your job safe after he left. And I’m shocked the manager in between you did so much to screw you. I have no idea of labor law, but I wonder if you have put up a fight or threatened to get a lawyer involved, they would have topped up your severance package.

Trade Barriers Defined

Isaiah_53_5 💎🙌💎🙌💎

10mo

Smoke Frog

I sometimes interview for my alma matters

alma "matters" hahahaha dude I loled.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Dr. Rahma Dikhinmahas

10mo

Hiring decision makers tend to be older. And older people all know a thing that younger people do not: great people get fired all the time. Not sometimes . . all the time.

By the time you’re mid thirties, you know many great people in your orbit (friends, family etc) who got fired do to circumstances totally out of their control. You also know many great people who had one or two weaknesses, got fired because of it, and grew into excellent performers.

So trust me, the stigma of having been fired is not nearly as big as you make it out to be. Sure, they’all want to know why. But just tell them what happened and tell them your most direct report (the VP) liked you and is ready to vouch for you. The issue will go from small to tiny.

rafiki

10mo

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