Dear Monkey Fellows,
Thanks for your attention. I just created a separate account to ask for some advice.
On the latter part of 2017, I was laid off and I'm still job searching. Long story short: non-target in Europe, put a lot of effort to progress in my career, moved to other countries for jobs, did internships for shitty salaries losing my savings, completed CFA L3, networked a lot, coped with the shitty euro-economy, finally landed a CorpFin role in a Big4 (company valuations) somewhere in Europe.
Having joined that team was probably the worst decision I've ever made so if this post is worth something, let it be a warning: kids do your research before you join a team.
After joining, I learned that half of the team resigned over a short amount of time and they were rebuilding the team. Having lost a lot of people, that put a significant amount of stress towards meeting deadlines and they brought in help like crazy (I was part of it). The place was in such disarray and with so many tensions that someone was leaving every month. Clients were not particularly happy with missing deadlines, they lost some big accounts and at some point, they decided it was a good idea to downsize the team accordingly. Which lead to me being laid off with the excuse of a poor performance. But poor performance my *ss, because they kicked out more people than just me, I heard that the deal pipeline was looking weak and some people left on their own openly saying "I don't see any future here".
So, regarding the job search I've been applying everywhere, I can in Europe, networking etc. The problem is, everytime I get an interview and they bring up why the resume gap:
-If I say I was fired, dinged.
-Team restructuring, several layoffs, dinged
-It was a temporary contract, raises suspicions.
-Jobs below my level, you're too qualified, you have a great profile but you will be bored here and leave soon and we'll have to start looking for someone else soon: dinged
-Jobs all over Europe: you speak/ understand several but not X language of the 20 we have in Europe so we'll go first with locals.
I recently moved back with my parents because I was burning cash in a very expensive city and needed to cut expenses. Considered doing a masters but I'm reticent to spending most (if not all) of my remaining savings and that may not be enough. Considered job searching out of Europe (been told that CFA is more valuable in emerging markets but I don't know...). People I network with just say that I'll be fine, that I have the CFA and that's great but can't get any real solution from them. I continue applying online, reaching out for spontaneous applications, contacting people.
I welcome your advice, especially about how to explain this lay off because nothing seems to work, the gap is over 6 months, I'm in a dead zone and I don't know if hiring is just slow, or I'm not getting anywhere or I'm simply stupid.