Thread regarding Sapient Corp. layoffs

Anyone who worked in consulting knows how things work here as it relates to layoffs - when times are good and our consulting pipeline is healthy we tend to hire. There is a bit of a lag here as you cannot hire fast enough and typically it takes a while to find candidates and onboard them. At some point in time, the demand changes and we have extra folks on the bench. The management reacts with a lag again, and we start to let people go. By the time we are done with layoffs the demand will pick up again so we are in the hiring cycle again. So, it never stops, it's a hire-fire environment and there is nothing special about this here at Sapient - all consulting companies go thru the same cycle. Now, if you are sharp and hard working you'll never be on the bench as the clients will develop dependency on you or you will have skills that are high in demand. That helps a ton during the times when Sapient decides to take care of the overcrowded bench as it's EXTREMELY unlikely you will be let go if you are on an engagement. Just my two cents...