Someone from EY hit me up about leaving. They had genuine concerns about layoffs. Is it that bad?

I've heard of layoffs at Accenture, Deloitte, and PwC this year. Anyone with firsthand knowledge willing to share about the areas impacted?

How long does it take for pwc to pay your severance? It's already been one pay cycle and I've yet to receive my two weeks of pay

Anyone know how deep PwC is going with the layoffs in August? I know it was 10-15% for most groups in June so just wondering if it will be smaller since they just went so deep.

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I hear EY layoffs have started .anyone throw more light ?

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I was so excited when I joined PwC. However, have been really stressed due to layoffs. Project is OK, but still antsy. Can't help but think about jumping or MBA.

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EY seniors: Calling for all things you heard on rating / raise / bonus / layoffs, etc.

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@pwc which verticals being hardest hit by layoffs?

What's this rumor about round 2 of layoffs in August at PwC?

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Have had multiple interns asking me about layoffs at the firm. If leadership doesn't address this, this won't bode well for long term talent recruitment and retention. This is to all PwC partners.

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Is pwc consulting the only area with layoffs? I asked my accountant buddies and none of them knew what I was talking about.

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Have you heard about layoffs in smaller, non-Big4/MBB consulting firms? I heard ZS.

Global Staff 4 of 5 - is that the new email distribution after all layoffs at PwC. 😳

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Layoffs at PwC were scale-back after total write-off of Booz acquisition. Company had been accumulating dead weight for a while (though some good people were let go too).

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At this point I feel people are just faking about layoffs at PwC. #StopScaringPeople #NotCoolAtAll

Do FB days have themes...Monday was PwC layoffs. yesterday was sluttin it up in the office. today's posts have been about 💩. im excited for tomorrow. The anticipation is killing me!!

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LinkedIn keeps telling me Deloitte is a top employer for attracting and retaining talent. I wonder when the rankings will be updated to reflect the mismanagement of our layoffs... 😅

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We've all seen the PwC layoffs en masse, but FYI S& has been hiring like crazy

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While I understand that PwC is actively having layoffs, does anyone else feel like the entire industry is in a downward trend, with the economy right behind it. What is everyone doing to hedge?

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Any PwC mass Assurance layoffs yet?

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Why does PwC's severance package suck so much? I've never been through something like this previously, no I guess I have nothing to compare it to, but everyone who has keeps telling it's insulting. SA

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Any layoffs at the other firms? EY?

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Have any PwC partners been counseled out? You'd think mass layoffs of staff would also include trimming partners who aren't delivering #s

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PwC still doing layoffs even disguised as routine Career Discussion (FS Specific)

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Are any of the PwC people who were laid off getting severance packages?

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Not to put salt on wounds, for PwC laid offs, was there severance of any kind?

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Hmm... Can we stop talking about the PWC layoffs...

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Anyone here who works at ARCA in PwC? How is that group doing? Any layoffs ya'll have heard of?

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Looking at all the PwC posts.. am guessing there was some announcement about layoffs internally or is it just talk?

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TICE layoffs @ PwC. They will cut 20% of advisory this year, and there's one more "wave" coming. First wave was FS in February, second was last/this month, next one is soon (idk when)

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Deloitte acquires Casey Quirk. What does that mean for them? #layoffs #acquisitions

To all my PWC FB peers. To quote an ACN post from when Deloitte had their layoffs...I know we fight on the project battlefield, but good luck during this difficult time. Know we all stand w/ you.

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Caught a peak of the advisory utilization numbers...could see layoffs at KPMG as well. HUGE amount of 0% on the year with 0% forecast in retain. Also heard parts of RC just got reorganized at the top

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Will the upcoming WSJ article on PwC layoffs make it too obvious to our future employers that we got laid off? 🙁

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All layoffs are brutal, but it seems like Deloitte and PWC take it to a whole different level. People going in expecting a promo, but instead are being laid off. That is terrible.

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Another point to keep in mind amidst PwC layoffs is we have ~60K global in advisory. Condolences to ya'll who got axed, I'd be just as infuriated. How large are your firms consulting practice?

PwC FY16 Overview: Booz acquisition + large Strategy& salaries + lackluster crossover with Advisory = Layoffs

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More layoffs at PwC. CRT this week and it feels like that scene from Goodfellas: Pesci walks into his "Made Man" ceremony, only to be shot in the back of the head.

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PwC folks, in which verticals are the layoffs happening? Apart from FS

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Related Posts

Shall I disclose reason for leaving a firm during my initial call with a recruiter from said firm, if I was laid off? Are they privy to that information. Ironically being recruited by that same firm

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How did your agency handle layoffs? All-agency meeting before they started? After they ended? Both?

Kinda sorta trying to predict if I’m losing my job tomorrow.

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Heard BCG laid off quite a few people this summer. Is this true?

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Curious is anybody seeing layoffs in consulting? How busy are your cyber practices?

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I'm thinking I won't be getting promoted if not laid off at the end Q2 or sooner. What are some good exit ops for an associate with 2 yoe in tech consulting? Exp in Cloud, PMO, IT Risk, and SoD.

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What are some concrete reasons why someone in consulting would be fired, other than the obvious stupid things?

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Do you think it is quite possible to get fired by asking too many questions as an experienced senior 1? If so, i might get fired after this busy season.

funnylike

Horrible anxiety about considering a new job....
I was one of the big firm stealth layoffs in covid and joined a boutique firm in Sept. They came sort of close to matching my salary but I moved to SoCal and have an opportunity to jump back in to big law and get $100k raise. The people at the small firm are so nice, but hours are nuts and if I’m going to work this much, I might as well get paid more, right? Is it too soon? How do you tell them when the managing partner took you under his wing?

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EY fish - when you are laid off, is it immediate the day you're told or do you get a little warning?

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If you got fired today would you have a Bach up plan? What would it be?

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PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

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Layoffs at Walmart corporate 😬😬

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Do you "work" other than transition or KT after you are told you're being laid off? Just curious what level of work I should provide til my last day.

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If you get laid off when you’re in the middle of an interview process elsewhere, do you tell the prospective employer?

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Accenture CEO said on earnings call that accelerated performance cycle will help manage low performers at greater pace if need to pull levers.
More layoffs are incoming soon.

About last layoffs, we didn't do any layoffs it's cost adjustments mostly in operation centers and restructure due new growth model. 🤷‍♂️

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So I was laid off. Is it okay to talk about it at my next job interview? Feels like everyone knows anyway.

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I hear Grant Thornton has been doing more layoffs? We need staff (associates, seniors, managers) in forensics / disputes and investigations in SF if anyone is looking to make a move! Message me

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All these layoffs reminding me that loyalty is dead

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We have a big project going on and I am the only point person(initiate it, did lot of work, and knows the deets well), seems like my mgr wants to get a headcount. But I want to use this opportunity to get promoted, how can I get this across? Mgr is new(they fired my old mgr), mgr’s mgr is new too(re-org). So not sure if I should/can make a case, or how.

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How do I invest in ETHOS?

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I have recently given interview at Microsoft.
HR provided the feedback as I am not rejected bit not fit for the role so they have put me in talent plus pool. What should I expect next and does this mean that I may get the offer ?

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I m doing leet code problem solving practice since last two months to crack coding interview however I feel it is hard to solve medium and hard category problem most of time . Is anyone else faced similar issue and able to overcome by following tutorial or course ? Any kind of leads to overcome this Issue will be helpful . TIA

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I am a 2nd year associate at a plaintiff’s firm specializing in toxic tort cases (individual). I’ve had the opportunity to be third chair on a trial, and will likely be second chair in an upcoming trial. However, given the track record of the firm and the amount of money at stake in each case, I am afraid I won’t get any first chair experience, if any, for at least another 5-7 years. I am considering staying at the firm but trying to get trial experience through side Pro Bono work. Thoughts?

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When you thought your flight would be cancelled but turn out to be one of the few that leave. 600 flights to Houston cancelled and yours leaves. Bummer!

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Hello recruiters! How do you feel about people reaching out to you directly on LinkedIn?

I am a 15+ yr digital marketing/comms guy trying to be proactive about my next job without being weird. There are a few companies I would LOVE to work for and frankly just want to tell them.

I’ll post a draft note of what I was thinking in the comments so you get a sense of how I would approach this.

thanks in advance for any advice.

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Hi all.

Please suggest on the below:

YOE- 2.8YEARS
TECH SKILLS- .NET
CURRENT OFFER-10 LPA

What should be a good number to ask PWC india as an EXPECTED CTC?

Please suggest on this

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I’m totally empathetic to people that miss offices and traveling. I understand your reasons why, I truly do.

For me personally, after non-stop weekly travel for 4 straight years, not traveling has made me realize how much I enjoy being home. Spending time with family, sleeping in your own bed, consistent exercise schedule, etc.

I for one hope consulting becomes more of a hybrid travel model (i.e. travel 1-2x per month or as needed). Else it won’t be for me.

Anyways, just some thoughts.

likeupliftingsmart

Is the saying “man of the house” sexist?

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Thoughts on XRP as a medium term (high risk) play? Seems like a lot of momentum behind it now it has the SEC ruling

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Bain & Company Contemplating a move from Accenture Strategy to Strategy&, or Monitor Deloitte. Part of my consideration is the assumption that WLB is likely to be better than at McKinsey & Company, Boston Consulting Group, or Bain & Company. Could any of you fellow European fishies shed some light on the validity of this assumption? Sharing experiences would be highly appreciated.

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HSBC I have an offer for Consultant Specialist GCB5. Not sure what the role is..is it a team lead role or is it a junior role? I have 10 yoe .. is it apt? Pls help Thanks

HSBC India

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Hey 🐠. When do y'all actually hear back regarding the H1B lottery? Is it generally by the notification date (March 31st this year) or a week after from the company? This is my first (and last) H1B attempt. Thanks!

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I’m starting at VMLY&R on account side and was asked if I want a PC or Mac. Not trying to be the odd one out - what do most account folks have?

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Interviewing at DocuSign, pretty excited but should I be concerned about where SaaS is headed with recent talks of recession and how it’s affecting tech?

I and my boyfriend have been dating over a year now. Our relationship in general is pretty smooth and sweet. The only problem is he has not come out to his parents yet. It was not an issue before the pandemic thing since we were just living in the city, being in our own bubble. But Covid happened and he moved back to stay with his dad. Since he is not out, he can’t pick up the phone call whenever I call him, he can’t tell his parents he is dating someone in the city. Cont.

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How does one get on at a family office?

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Anyone have recommendations for solid couples massages? Want to treat my SO to a pamper day from a legit place that knows what they’re doing since she has back problems

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How to leverage personal connections for personal gain?

I am a 2nd year and my spouse is a higher up in engineering in big tech. He has some (but not a lot of) sway in outside counsel and could make some intros to in house counsel.

My firm will gladly use my connections for their own gain, so I’m making sure that if/when this situation comes, I take full advantage of it.

Looking for tips on short term and long term strategy.

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Has anyone taken the online assessment to work at AWS. I was called by a recruiter and he sent me this assessment that needs to done within 7 days. What should I expect?

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