Fired

I am a 1st year analyst, they just fired me, theyre not quite happy w my performance etc but said I could stay and help till the end of the year…would u guys stay while u looked for another job?

if you are still getting paid then sure, if not then peace out. Why give up a paycheck if you dont have to? Maybe you can step it up a notch and see if they will reconsider at y/e.

2 months to get a new job, get going.

Sorry to hear, maybe you could stay put and try impress them in these two months? I would not have left the very next day. I would stay and find a job and also try to impress them. Later you could always leave in case you feel that you need more time for job-search.

brazilatz Wrote: ------------------------------------------------------- > I am a 1st year analyst, they just fired me, > theyre not quite happy w my performance etc but > said I could stay and help till the end of the > year…would u guys stay while u looked for > another job? This is not good news for any one. Is it about your performance, you do not fit within the team/culture or they just woke up and did not like your face? If it is about performance, may be you can try and step up your game (either way, whether they retain you or in your next gig), if it is culture then you may have to work on it(e.g teamwork, communication - simply not being a jerk - you can ask daviskr she gives references on them) and if it is the later then good riddance. Whichever way it goes, best of luck.

JOE!!! Where ya been buddy?

^ Am on hols and it is hard not to emphathize with this dude…

^ I empathise with your AF additcion. You’re on holidays and here, its getting serious maaan!! To the guy who got fired, i sympathise too. Looks like the same may happen to me, I GOT NO WORK!! If you are hard up for cash, stay in the job and look. But even if you arent, an extra 2 months experience on the resume may look good too.

Sorry to hear that. How old are you? Where are you based? Was it you or others?

TO OP: I would say stick around while looking for another job. Just work your ass off and see what come of it. These months are usually when a lot of people take time off for holiday. If you show superiors that you can not only do other people jobs, but do them really well then you could have a shot. Just put your head down and crank out some work.

nuppal Wrote: ------------------------------------------------------- > TO OP: > > I would say stick around while looking for another > job. Just work your ass off and see what come of > it. These months are usually when a lot of people > take time off for holiday. If you show superiors > that you can not only do other people jobs, but do > them really well then you could have a shot. > > Just put your head down and crank out some work. I’m sorry, but honestly its probably too late to keep your job. If they thought you had the potential to be a long-term fit, they would have confronted you about what was wrong and try to get you to turn it around. Be happy that you’re getting 2 months of paychecks to look for a job.

Yeah, I don’t think it’s likely that they’ll say “Oops, sorry for firing you last month. You’re un-fired now.” Start looking for new jobs, but try not to piss you current employer off any more - they might get called for references. Good luck! Btw, are you Jeffrey Chiang?

Stay but start looking for another job, 2 months is a lot time, maybe you can find a new job to transition to without any down time

Hello Mister Walrus Wrote: ------------------------------------------------------- > Yeah, I don’t think it’s likely that they’ll say > “Oops, sorry for firing you last month. You’re > un-fired now.” Start looking for new jobs, but try > not to piss you current employer off any more - > they might get called for references. Good luck! > > Btw, are you Jeffrey Chiang? LOL

brazilatz Wrote: ------------------------------------------------------- > I am a 1st year analyst, they just fired me, > theyre not quite happy w my performance etc but > said I could stay and help till the end of the > year…would u guys stay while u looked for > another job? What industry, 1st year I-banking?

One advantage of this situation is that you can use your boss/colleagues as a reference. Just make sure to select one who’s a friend and will work to evade questions like “did they fire you.” By the way, is there any way to spin this as “laid off,” rather than “fired.” Fired suggests that there’s a reason they didn’t like you and it may scare others away, “laid off” suggests that times are just tough, and you happened to be the most expendable (probably because you’re junior, but I don’t know for sure how junior you are). Other questions… did you get warnings about your performance and asked to clean up your act or something? If not, then it’s more likely a fit thing than performance things, but it might have been told to you as performance to avoid the kinds of lawsuits that “fit” issues might bring. If there was never any indication that your performance was lacking, then don’t beat yourself up about it, because there are probably a lot of other issues behind this than you can see, and probably not a lot of them are directly your fault… budgets may be tight, management may have unrealistic expectations of what you can do (common in a penny-pinching atmosphere where they get junior folks and then get upset that they don’t do senior-level work at senior-level quality and senior-level speed and then try to blame it on the junior person’s “performance.”) Main message here - if they didn’t give you warnings that your performance was sub-par, then don’t assume that the “performance” explanation is real, and be confident in what you can do. Don’t try to get them to change their mind about your performance, but go ahead and ask them what, specifically, was lacking. Put it in terms of what you need to look out for in your next position. Once someone makes a decision to do something like cut you, they are generally going to defend their position, right or wrong, so trying to get them to change their minds is difficult… but definitely try to get a feel for what aspect of your performance they would like you to improve… and try to get them to be specific. And, by the way, if they hem and haw about specifics, you can be pretty sure it’s not really about your performance after all. Most performance problems are pretty describable.

this is really weird… I’ve never heard of anyone receiving an offer like this- I think you’d be a fool to pass it up. 1. you will be getting paid to look for work. 2. you will be looking for a job while employed- sad as it sounds a company would prefer you over someone who’s been looking for 10 months bc “if they haven’t been able to find a gig yet…?” 3. You are a newbie and can easily say that you are looking for a change in pace and are anxious to find a ‘good fit’… that kind of angle would not be suspicious. Anywhere I ever worked in this industry all those who were axed and most of those putting in notice were shortly escorted out the front door and told they would receive their personal things in a post parcel. I mean it makes sense… you are gonna spend all your time on internet looking for work and making calls. Are you in the US?

That’s true. It’s worse than being not fired but better than being kicked out the door immediately.

yeah, you have to stick around while looking for work. by the way, one other thing you should be aware of is that maybe your performance wasn’t up to par…but if they’re letting you stick around, evidently some people think you’re good. just be careful that in this market, there are a lot of employers that will try to make you feel like you did a crappy job so that they AREN’T known for laying people off, and that you’ll somehow feel like it was completely your own fault for doing a lackluster job, as opposed to telling your peers, friends and clients that the company you’re with is in a bad situation. do you know what i’m saying? which do you think is the truth in your case? my point is, sorry to hear about the bad news but (1) don’t get too down on yourself, and (2) sometimes leaving one firm/industry can create opportunities for you to think about what you REALLY want to be doing with your life.

This is an odd scenario. Wouldn’t keeping around a terminated employee create a huge moral hazard as far as pulling copper wire out of the walls, taking a dump on the boss’s desk, stealing client files, etc?