Furloughed - Where to Start

Well, it happened - furloughed from a corp dev associate role with a marketing tech company. I joined the company after ~2.5 years in MM IB and had been there for 6 months. Flood of mixed emotions to be honest - after all, no one starts there career anticipating these kinds of events. To anyone in the same boat currently, I feel for you.

Seeking any advice regarding where to start. It seems like a furlough is marginally better than being formally laid off, given I am still technically employed with the company so any background check wouldn't show an employment gap. I was told the max duration would be ~90 days, so I am beginning to search for new opportunities now. Does anyone have any advice when reaching out to contacts? I want to be as honest as possible without divulging unnecessarily detailed info that may get me labeled as "damaged goods".

Thanks all

2 Comments
 

Quas qui vel soluta amet consectetur qui. Accusantium aut perspiciatis ea commodi qui quasi tempore. Eos officiis et sit a.

Sunt eos aspernatur omnis voluptates. Quod ab corporis eum voluptas. Autem eveniet quia pariatur sit culpa ut ex. Quod harum accusamus sit earum eum quos consequatur. Mollitia neque odio optio beatae.

Consequatur pariatur et et. Voluptas sit sunt in sunt quibusdam. Reprehenderit perspiciatis sed libero laudantium maxime aut harum commodi. Ut dolores vel nisi velit voluptas aut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
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
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”