We had an announcement that layoffs are pretty much going to be a last resort right now. I heard EY has made a similar announcement. Has Deloitte and PwC? What about hiring freezes?

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Hearing rumors of KPMG layoffs, but can't find anything definitive. Anyone have more details our (preferred) sources?

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Pwc working parents: how many using lost time code and how will this affect performance, paycheck and layoff for you

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Just learned my project won't be extended and my chargeability is already low. I'm pretty stressed/worried over the possibility of layoffs despite having had consistently good performance.

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Is EY doing layoffs in advisory?

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Will I get fired?

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likefunny

Is KPMG really doing mass layoffs? Heard rumors about their Canada operations especially.

likefunny

People that have been furloughed or laid off, have you been able to successfully apply for unemployment or is there a backlog?

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Got laid off but planning to go to B school in September. Any advice for how to find some short term contracting work?

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Any other visa workers deathly afraid of being laid off right now? I have to leave the country within 60-days if I cant find a replacement job, but I don’t want to get on a plane. This is so stressful

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How many of you know folks in consulting that have been laid off in the last month?

likehelpful

If you are a management consultant with no hard skills or focus area, what skills would you invest in now (during quarantine) to prep for layoffs or exit opps — in the COVID / post COVID economy?

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Anyone aware if smaller tech firms are planning on layoffs ex: Snap, Pinterest, Uber, Lyft, Airbnb, Spotify, Linkedin? I’m about to leave for one pretty soon and was concerned about being let go

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B4 Folks - Do layoffs typically hit harder at the staff level or M+? I’ve heard people say we don’t make enough money to worry about it, but that doesn’t sound correct

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Is this a good time to do an executive MBA (got an admit from one of the top 10 B-schools), given the situation and possible layoffs ? Thought ? (Update - M with 10 yrs total exp.)

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incoming cyber risk consultant for Deloitte (starting in sept. in NYC) as a new grad. Can my offer be rescinded b/c if Deloitte goes through mass layoffs? Are certain divisions safer than others?

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People are stressed, worried, juggling, fearing layoffs, learning to cook... It's ok if the boxes are not aligned or colors are off. Please don't be an a*****e. A little empathy will go a long way.

likehelpful

If you were to get laid off, what would be your next move?

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How is Publicis Sapient making out with COVAD 19? Still selling? Layoffs? Are projects being cancelled?

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Would you leave Tier2 consulting for Apple Music? I’m concerned bc I’ve been reading articles saying that while streaming of vids is up, streams of music has decreased, and I don’t want to be laid off

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What’s your doomsday plan assuming you’re laid off, can’t find work, and the economy slips into a depression?

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If I get laid off, do I have to pay back signing bonus? I believe we have a clause where if we leave within 2 years, we need to pay back prorated amount.

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Please try not to stress about layoffs. There is absolutely nothing you can do except prepare (if needed) and continue working as though your job is not in jeopardy.

likefunnyupliftinghelpful

How were companies in Midwest affected during last recession compared to tech hubs? Were they insulated and were there less layoffs?

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I want to invest my side gig money while stock prices are low (under $2000), what should I be looking at? I’m looking for liquidity in case layoffs happen. Is my checking account safer than S&P 500?

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Dan, now is the time! Announce no job cuts at Deloitte so all staff can focus on their work!

likefunny
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Everyone is scared to accept a new job offer now, why? Is it true you have to be employed with the SAME employer for 6 months to get benefits if laid off? Can't find online, help!

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Any ACN 🐠 have they latest on how they’re handling hiring freezes and potential layoffs? My husband applied and got interest. But now the leads have gone cold.

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Can anyone help explain the clause in the stimulus bill that protects corporate workers (us) from layoffs? Can’t find it anywhere...

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US jobless claims report tomorrow will give a sense for if (or to what extent) companies have started layoffs. Straddle trade on? Btw that and the stimulus package, will be vol either way

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EY call feedback: 👍 great call, well executed
👍 travel on hold 4/15
👍Salary reductions at top first; No bonus but no plans for layoffs
👍PTO deadline extended
👍 continue to pay hourly employees

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When consulting firms do layoffs, is it across all levels? For example 20% at each level Analyst, consultants, managers, and partners? Or do they lay-off by high costs aka management?

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Here we go: wife laid off, their office closing (non-consulting)

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Have there been layoffs at places like classpass? I can’t imagine they’re doing well right now...

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Who is changing Job now? I’ve joining in 2 weeks and scared to death being laid off. Salary at new firm is significantly high compared to current salary and don’t really wanna miss it. Dilemma!!

likehelpful

I do believe EY is d kindest when it comes to putting people first.Thank U Kelly.Resume travel based on CDC & facts, no layoffs in foreseeable future, extending trust when wfh& personal accountability

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Related Posts

TBWA NY layoffs today.

likehelpful

Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

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Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

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Is anyone expecting agency layoffs at the moment?

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Anyone know Deloitte core business group in Deloitte consulting LLP?

Salary range, business outlook of this group amid layoffs and green card initiation timeline?

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

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Anyone have any idea when the hiring freeze might end within AWS ProServ? I’m currently at Amazon and have a TS clearance, PMP & CSM. I come from a Big4 consulting firm with a background in Enterprise Performance. I’ll be honest and say I’m not feeling very safe in my current role with the ongoing layoffs. Instead of leaving, I’d love to go back to my “consulting roots” and join the ProServ team. I’m taking my AWS Certified Cloud Practitioner exam next weekend. Hoping this freeze is lifted soon.

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After you are stealth laid off, other than job search, what do you do? I assume they won’t give you work and even if they do, you can politely decline? How do you feel about you are not progressing anymore and seeing other people progressing in their career? I have no intention to make partner, but still feel a bit stuck not doing that much.

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Has anyone been able to negotiate anything extra or terms when being laid off?

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Any creatives impacted by Forsman Bodenfors layoffs? That agency does beautiful, powerful work.

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Have you ever seen a client fired in mid-production?

likefunny

Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?

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Anyone else feel like as you move up, you have to work even harder to justify your value to your company as you grow “out of the weeds”? Especially with the fear of layoffs looming over everyone’s heads.

likehelpful

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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How long can you go without having anything to do before you get laid off?

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Do you think independent agencies will be in better shape to handle COVID-related client budget reductions and/or losses?

Or does it not matter and layoffs are equal across the board?

likesmart

It’s so nice that every agency laying off people, have those left standing (and other agencies) trying to hustle jobs for their unemployed friends, but there are also a ton of people who were unemployed prior to Covid...so no severance, job hunting lot longer, and not earning income for longer time...hurting even MORE due to quarantine.

likesmarthelpful

Grey Merge with AKQA, VMLYR merges with Geometry. Are those „mergers” just the coverups for potential wave of layoffs?

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Additional Posts

May we all be the light to whomever we interact with today

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what are the potential start dates for EH associates at BCG?

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LTI-Larsen and Toubro Infotech is looking for Project Manager
Domain : Banking preferred
Experience: 10 – 14 Years

Send me your emailid if Interested for this opportunity

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Weekend thought as many of us watch our portfolios bleed away value as the market hit all time highs: stick with it. This is a very difficult time in the market so try to figure out what’s not working and fix it. Stick with your process while trying to improve it. That should you you in the best place to manage risk now and be positioned to capture new opportunities in the coming weeks and months. Discipline, execution, and patience are key sources of alpha. Best of luck.

likeuplifting

R/GA vs Critical Mass?

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Which big4 has best deals practice? FDD, M&A tax, etc

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Hi fishes,
My friend have cleared Tata Elxsi interview 5 months back and received her offer letter. Still now she haven’t recvd a joining letter. Couple of other friends are also facing similar issue.
Does anyone have any update on this?
Tried mailing to the HR and to their help desk. No response.
Its really disappointing. Even if they are not able to onboard candidates now, the least they can do is aknowledge and respond to the queries.
Hope someone can give more insight onto this issue.

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For buy side analysts, are there logical career moves one can make after having a couple of years of working experience?

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Will IBM revise offer after accepting it ?

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Is r/WSB dead after the GME turmoil? I feel like it’s flooded with low quality content and bots. Also, media now claims every stock rise to be „WSB‘s next victim“.

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Hi fishes ,
Anyone can share the data privacy in India and across aisa pacific regions

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Hello fishes. Need some insurance advice.
My parents are dependent on me. My 62 yo dad and 57yo mom do some part time work and makes $1000/mon. Dad has some health complications like diabetes, high bp, genetic heart issues, liver problems etc. Does it make sense to get a life insurance for him - 20 yr term, $1M coverage. Premium is around $500. I am thinking I can pay the premium but if something happens to dad, it will help my mom pay be self-sufficient

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2017 Lexus IS 200t F Sport for 32k plus taxes...? (33k miles) Yay or Nay?

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Any lawyers with nose piercings? I am a 2nd year (F). Had a nose piercing for years and loved it, took it out to article/practice but I miss it :(

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I am hiring for #bigdata engineers with 2-7 years of experience with strong hands on #hive, #spark, #SQL, java/python. Please connect to me if interested.

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PE firms with the best WLB?

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Where do you have better mid-term and long-term earnings, MBB or LMM PE?

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I can only imagine how Deloitte cyber must feel when they walk into client site trying to advise on security issues lol

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