Laid off during interview process - should I tell them?

TheWolf-007's picture
Rank: Chimp | 12

Hi WSO.

For background I've been working in sell side ER for about 4 years now. About 6 months ago I actively started recruiting for the buy side. I have been speaking to a hedge fund since late last year and was invited to fly in for an on-site final round of interviews next week. The fund was looking to fill the role locally, but having failed, they went for an outside hire and I had to really convince them I was a good fit to get to the in-person stage.

The problem is that I was unexpectedly laid off a couple weeks ago - not for performance reasons, but because the team was forced to downsize and I was the unfortunate one getting axed.

Should I disclose this info to them in person? They do not play in the space I covered in ER at all. In fact they actively stay away from it. I am wondering what the best course of action would be without putting my chances of landing the role at risk.

Thanks everyone.

Comments (3)

  • Research Associate in HF - Event
Feb 18, 2020

definitely disclose and be proactive providing references.

Feb 18, 2020

No, why would you? If they like you, its not because of your state of employment...that's just a psychological thing. Don't lie if asked directly....but you can generally find ways to describe your work, knowledge and decision making process without indicating one way or the other your current employment status.

Feb 19, 2020
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