Big 4 Discussions
Layoffs

Is EY GDS good to join in terms of job security and work like balance? My YOE= 14 years.
I have heard there is no layoffs in EY GDS, is that correct? Do they let people go after probation period?

Is EY GDS good to join in terms of job security and work like balance? My YOE= 14 years.
I have heard there is no layoffs in EY GDS, is that correct? Do they let people go after probation period?

Former KPMG fish, when you got severance, was it lump sum or paid out like your normal paycheck?

Follow up re KPMG layoffs.
They said this will be it for a RIF. (I hope so but don’t trust them.) 20 opted in, 35 moved to another position in the Firm and 15 were being let go. That makes 70 total when they told us only 60 people would be impacted.

I just recently left big 4 in July to pursue a role at a fintech company. It seemed great during the interview but once I got here it was very unorganized, not clear which team I would support, etc. Long story short, I was told we would have a hybrid work schedule and we are now required to go in-office full time 5 days a week and there have been a ton of layoffs recently. Should I stick it out or look for something else even though I’ve only been here 2 months?

Please help to choose between 2 offers.
1. EY gds

2. Accenture

Which one will be better in terms of WLB, job security and for the long term (considering layoffs in ACN)?

I heard Deloitte is planning mass layoffs. Is that true?

Hi,
I have an offer from mindtree and EY gds. #MINDTREE is providing good salary on top of EY. I have no idea about mindtree can you please help me about mindtree, will there be any layoffs in mindtree.

Happy busy Monday Tax Bowls! 😘 I got 4 senior tax associate offers from small, medium and 2 of the big fours ( EY and Deloitte). Please see details below and tell me. what would you do if.... 🧑🏼‍🦽🐥

1- Currently working at upper tier public accounting firm as an experienced associate.🦂

2- End goal is to be a partner.🦋🦋🦋

3- Big four Deloitte had layoffs during pandemic?/EY has people oriented?

4- Small firm less hours?/ more money?/ no branding?

Did Deloitte’s layoffs impact the HCM practice? They seem to be hiring like crazy. Just received an offer.

Were there any layoffs in EY FAAS practice in last 5 years in Chicago office? How stable is EY FAAS?

Currently with a Salesforce boutique prod and consulting firm as a Manager and make around $135k base with 5% bonus. Very good WLB and loyalty perks. 0% Travel. No layoffs at all. I got an offer from Deloitte for a Sr Consultant position with the base of 145k. Yet to negotiate. I have total 7 yoe. Is this the right move considering just $10k increase in pay? How much Deloitte brand matters for exit ops? I prefer good WLB if not great and prefer travel to be under 50%

I need help: In consulting interviews, is it a death sentence to have been part of the COVID-related layoffs at a Big 4 strategy arm?

I have now been rejected from two other T2 strategy firms, and apparently the feedback is that “I have great experience” but they “are not moving forward with my candidacy”.

I’m getting beaten down here. I have 10 years consulting experience, 7 at health plans, 5 in strategy, and 3 as a manager. I know my industry, function, and story.

What am I missing?

Remember when firms like BCG were bashing Big 4 firms for their response to the pandemic with layoffs? Funny how things change

How bad were the Deloitte COVID layoffs? I’ve seen things mentioned in this bowl, but know that people often exaggerate. I’m interviewing with D right now, but am not sure I’d want to join if they really are very layoff-happy.

How is PwC’s Operations Consulting Practice (Advisory) in terms of WLB, culture and layoffs?

When is next set of layoffs at EY??

Is Deloitte USI specifically in Oracle Cloud Technology, Is it doing layoffs? Level Senior Consultant

Is Deloitte tax doing another round of layoffs?

Did PWC announce layoffs today? Or were they more targeted / based on performance and utilization? My partner just met with HR 😢

Is EY doing layoffs again in January and April?

What is the EY severance like for someone who has worked here for 7-9 years?

Anyone here ex-EY have had issues in getting their severance? It’s taking more than a month or more after the separate date to get the final severance amount. Is there is reason for this much delay? Or is it normal?

Heard about the layoffs KPMG, stay strong ✊🏼

Is PwC still continuing with layoffs?

I don't know about other Big 4's. But,
- EY saved on earned leaves by directing no carry over
- EY saved on virtual counselling sessions, virtual new promotions program and other virtual events
- EY saved in electricity, water and other office consumable services
- EY earned extra from Salary cuts
- EY supplied zero WFH essentials
- EY garnered extra profits and broke last year records

So where the hell are the employee monetary profits?

Feels like EY is mimicking PM cares fund.

#PeanutBonus

I don't know about other Big 4's. But,
- EY saved on earned leaves by directing no carry over
- EY saved on virtual counselling sessions, virtual new promotions program and other virtual events
- EY saved in electricity, water and other office consumable services
- EY earned extra from Salary cuts
- EY supplied zero WFH essentials
- EY garnered extra profits and broke last year records

So where the hell are the employee monetary profits?

Feels like EY is mimicking PM cares fund.

#PeanutBonus

How bad are the staff layoffs at KPMG and Accenture? And the PWC partner layoffs?

Who handled layoffs the best among BIG4? Let’s be honest. And who handled it the worst?

Whyyy do I have a feeling that Deloitte is following EY with unlimited PTO? Leadership has been really pushing for everyone to take as much PTO as they can before EOY. I have a feeling that come fiscal year-end, they’re going to announce it so when additional layoffs come, they won’t have to pay out as much...

So apparently EY believes that moving to unlimited PTO will provide a first mover/differentiator advantage amongst the big 4.. I’d advise Deloitte, PWC, and KPMG folks to let EY stand alone on this one! None of us asked for this and they are doing it primarily to reduce PTO accrual liability for layoffs/in states where employers are limited in taking away earned PTO

Got a few emails this week about PwC looking to hire, specifically looking for assurance associates and seniors. I know there’s been some layoffs in B4 recently, so if you’re interested, message me and we can talk referral.

Those that recently got let go at KPMG - how is the severance?

So if I'm correct, PwC is the only Big Four that hasn't done a huge round of covid layoffs so far?

Now that everyone had some kind of layoffs confirmed ....What were severance packages in big 4 in the recent layoffs