How is EY doing with layoffs etc

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Did EY announce anything about layoffs today?

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How is the severance package calculated? Does it depend on number of years at EY? Your current salary? Or more like a flat amount?

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Lmao, EY saying layoffs aren’t covid related. Sure, Jan

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Deloitte tax projecting double digit (percentage) decrease to top and bottom line for FY21 - at least our office / region. Based on that, layoffs seem necessary. Fortunate that the folks laid off hit the market first; if the revenue decrease is truly that significant, have to imagine all other firms will be making the same difficult decisions.

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Fellow H1Bs (at Deloitte) who have crossed 6 years - what is your advice on following if I get let go -
1. Severance discussion : (how to get more time versus money)
2. Discussions with immigration
3. Immediate visa transfer to H4

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What are people's thoughts on hiring freezes in the M&A/ M&A Tax space? There are salary freezes and layoffs (especially at EY Deloitte), but will a hiring freeze be put in place? No matter how (cont)

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It seems in M&A tax space that EY and Deloitte are quick to hire when economy is good and just as quick to perform mass layoffs when it hits a snag. It also seems that PwC and KPMG generally keep their people during these times. Thoughts?

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Is Deloitte the only top firm to have layoffs? I heard this from my manager today and find it hard to believe

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Did any other big 4 do layoffs aside from Deloitte?

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Messed up for Deloitte to announce layoffs and still not say who

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Given the current scenario, seems like getting laid off is a very real possibility. What is the severance package like at EY, PwC, Deloitte? Just curious

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Why am I not hearing more about Deloitte layoffs that I know are happening? What is the severance package looking like? Are they doing based on performance? Certain ranks getting hit harder?

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Anyone worried about layoffs? I saw a post about Deloitte laying off 5000 employees ... I know EY saying no lay off this year but what about other firms?

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PwC announced they will still have raises and bonuses. Raises only for promotees, bonuses are smaller. No layoffs

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Deloitte recruiter had reached out yesterday. Definitely interested in the firm but with layoffs happening, wondering if I should I pass for now?

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Big Four consultants, what is your firm’s policy for this year on promotions, raises, bonuses, layoffs? At PwC there’s a freeze on raises, minimal promotions and smaller bonuses. Pay-cut for partners. No layoffs, at least in the near future.

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Tax layoffs at Deloitte still happening or are they done now?

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If Deloitte is doing 5% layoffs then does that mean bonuses and raises will be kept?

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Fellow Deloitte comrads! If you are impacted by the recent layoffs and looking for a new role in tech, there's a referral thread going on. I hope we can all make thru these crazy times (Cont.)

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Anyone in Deloitte GPS received or heard word of layoffs? If so, what service line and what level?

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Are layoffs happening at Deloitte ?

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Is Deloitte still getting comp adjustments and bonuses with the layoffs happening?

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Deloitte US just announced layoffs. Any other B4 started layoffs too ?

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Any insight from Deloitte folks on the announced layoffs? Has anyone from PwC or KPMG heard anything similar? EY has left the door open for layoffs, but hasn’t laid out specific plans yet. It feels inevitable though. While I don’t think I’m on the chopping block (famous last words), I do worry about the morale impact on my teams and the office in general. Curious to hear other perspectives.

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Info needed about Amazon ASAP. I applied for an Amazon Technical Program Manager role but the Amazon recruiter reached out to me for a Risk Manager role. What’s the pay like for Managers at Amazon. I’m currently a Deloitte Manager - Base is $144k. Should I even bother? I wouldn’t want to leave D for a lateral move. But...At this point I’m trying to hedge my bets against the impending D layoffs while not shortchanging myself. Thanks in advance!

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I heard tax partners at Deloitte have a much better compensation package and pension than any of the other big 4. Can anyone in the know confirm this? layoffs are tough, but this is wrong of D

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Joining EY soon. Should I be worried about layoffs happening supposedly in June/July?

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Anyone at Deloitte planning to ask to be laid off? Is this a thing? I’d rather severance right now than actually working, and I still haven’t told anyone I’m headed to B school

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What will the severance package for the upcoming layoff at Deloitte be like? Just curious......

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What is the separation package Deloitte consultants got for layoffs?

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Now with the Deloitte layoffs announcement I feel my paranoia is reasonable. How do you manage work life balance when you want to keep your hours up for fear of losing your job? I have been asked to shift some of my work since I’m working too much apparently and others aren’t working enough, but that scares me. I am a February new hire, very nervous.

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With the Deloitte layoffs looming, who’s got the best summary of DC employment law!?

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Heard EY is planning to lay off employees in June. Is this something that other firms would also follow and just tag as performance based layoffs.

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Deloitte Slaughter, Part II - There’s a new story out of the Deloitte gossip machine, unverified for now. It seems they will be going through another bigger round of layoffs in the fall, once the voluntary program expires (mid-Sept). They already have a couple of scenarios and are populating names in each of these, mostly based on metrics. Anyone else hear this? When will the bloodbath stop...

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Does Deloitte protect new joiners if layoffs begin? Is it a bad idea to change companies?

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Why have layoffs occurred at firms such as RSM and not Big Four? Serious question.

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How is PwC doing overall during this crisis? Does the firm anticipate major layoffs because of COVID?

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Is it true that Deloitte is going to have layoffs in June and EY in July?

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Related Posts

Which agencies are going through layoffs

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Constantly worried I’m going to get fired because I don’t know where I stand at my mid sized law firm (second year associate).

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I think I’m potentially about to be fired this week in retaliation from my boss...what should I do?

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Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

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Laid off after Thanksgiving. 54. Not done yet. Plenty to offer. In Detroit but ready and able to move anywhere. AD/CD. Hangin in there. How bout you?

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After 10 years of working as a FTE PM/producer I’ve now been laid off (thanks Covid) and am looking to start freelancing for the first time. What advice do you have for a new freelance PM/producer?
Also, what kind of insurance do you take out as a freelancer?

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Did someone get fired in the new manager training in Orlando after getting drunk?

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Hey everybody. Got laid off at D. BTA within strategy and analytics. Mostly LS/HC experience. Anybody can help out with a referral anywhere? Thank you!

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How do you talk to your boss when your job has evolved to something very different from what you were hired to do and you’re not happy without getting fired or phased out?

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I was laid off from Deloitte in the 18th. I have an interview with Amazon for a Senior Program Managers Non Technical position with Amazon hiring manager on Monday. Any advice would be much appreciated. I would love to get into Amazon. I hear their interview process is brutal.

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Should people be fired for lack of people skills?

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Those let go by Y&R/VMLY&R - did you get severance and how many months?

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Has Deloitte started the lay offs? Link-https://www.reddit.com/r/deloitte/comments/ww02l3/fired/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

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Assuming this causes a recession like in 2008, and many people get laid off, how long to take to find another similar paying job? I’m currently a strat manager in FS. Scared for job.

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Which consulting firms are hiring for experienced Associate position? Have a friend who got laid off and looking for another job.

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Maybe this is a dumb question, but thoughts on IBM right now? Got a call today from a recruiter for SAP OCM position (managing consultant ). Said they’re hiring a bunch but then I see layoffs. Huh?

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Anyone else hear that post-CRT partners will get fired this year in commercial advisory? How the hell does a partner get fired....

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How much severance should you expect after getting booted after 1 year. I got 3 months salary

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O&M Creative: more shuffling still to come? And by shuffling, I mean layoffs too.

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Accenture folks, seeing lots of news about layoffs at other firms here. Are we in the same situation?

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Additional Posts

Does anyone have Skype for Business installed on their personal device to receive notifications?

Let’s finish this up strong! What are your year-end self development plans?!
We have our last session of the year of our group/guest financial education cycles at our Downtown Toronto office this Saturday. We go through our first financial education session that we talk about basic to higher level of financial information; from saving, investing, risks and returns, registered accounts, etc. There is no cost and no obligation. If you are interested to attend in-person or via Zoom, let me know.

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Am I able to access MyLearning before starting with Accenture? I received a Countdown to Accenture email and it included a piece about starting trainings before your first day, but both the link to MyLearning and the link to support for the link not working were unaccessible.

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How important is the border issue for you all when voting? My first time being so close to the border, and I still don't see how it's such a big deal smh

I think the Matrix is broken, I just had a déjà vu.

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I joined a new team and have noticed something off with my Director over the last months (slurring speech, no show to calls or even full days of work). I finally asked a colleague about it today because I’m concerned about my Director. She confirmed that she’s noticed the same over the last few years, but no one ever says anything. In confidence she told me she can often smell alcohol. How can I help? I feel helpless. I’ve already lost someone to addiction and I can’t ignore this. Any advice?

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Could be a silly question — i am beginning to look for a new apartment in the city and ideally want to rent from private landlords rather than going thru Apartment People / @ Properties / Compass, etc. How do you find private landlords?! I have good credit and am very clean! A landlord would love me lol

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What do you do if your manager hates you but you feel you are doing a good job?

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Sunday Wordle 281 5/6

🟨⬜⬜⬜⬜
⬜⬜⬜⬜🟨
⬜⬜⬜🟩🟨
⬜⬜⬜🟨🟨
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Hi,
I cleared the interview in tiger analytics for senior software Engineer.
Tech - big data, spark scala
Yop - 2 years
Having counter offer for 17 fix.

How much can I expect from tiger?

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Is citi calling employees to work from office or employees are working from home

I need advice from younger 🐠 who are closer to my son’s age than I am. He’s finishing up his 1st year in college and he’s gained the Freshman 15+. He plays a college sport, so he’s getting some activity, but with classes a hybrid of in-person and online, he’s not as active as usual and I think he’s enjoying unlimited food on his dining plan. I’ve heard jokes about the Freshman 15, but not seen how this plays out. Is this common? Do most people lose it when they adjust to college?

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I have friends visiting this weekend but I’m still new and learning the city myself. Any favorite places to take visitors outside of the museums and monuments? We’re all late 20sF

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Finally. Long Fridays are back. We made it. :-)

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Some construction work going on in the room next to me at 11pm central time here at the Westin! How many points is this worth?

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Just booked flight to Hong Kong. Best SPG/Marriott to book on points? Trying to find proximity to good nightlife, restaurants, and public transportation. (Cont.)

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Planning on staying in Japan in November for a week! Any recommendations on where to stay / things to do? Also, got some SPG points (<100k) I want to use!

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Working on getting CISSP right now; would love to hear any recommendations for study materials if anyone would be willing to share.

I've read the book, have the official prep questions, and about 7 YOE in cybersec but honestly had CCNA and Sec+ in the past and found passing to be more relative to how I'd studied to the test than doing the actual job...

Anyway, open and appreciative of any insight.

Note: Yes I'm in in marketing - career pivot.

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Are poppers bad? Are they frying our brains? Post your thots below

In automotive domain which one should I prefer as per trending technology and future scope:
1. Autosar
2.Module based design ( MBD)

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