Getting Laid Off From A T2 Consulting 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. 

 

Sit cumque id illum rerum corporis culpa qui. Vitae quia iusto pariatur sapiente asperiores. Est laudantium numquam et qui unde incidunt. Culpa nostrum et et. Est id officiis numquam modi eos.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”