{ "media_type": "text", "post_content": "Accenture announced it will lay-off 25000 people. Are Deloitte layoffs over? Can we rest easy now?", "post_id": "5f46a43c8ab9410021fd9398", "reply_count": 16, "vote_count": 5, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Accenture announced it will lay-off 25000 people. Are Deloitte layoffs over? Can we rest easy now?

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Our CEO told all of us that they were laying off 5% of the company weeks ago. This isnt new news. Supposed to be the bottom 5% of performers. 5% of 500,000 is 25k

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Thanks! I needed that. Blood sugar was getting low from being so amazing.

funny

These things are never the bottom x%. That makes up some of it, then they fire expensive people to pump up the economics.

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What is "expensive"? Someone that is making more money than they're bringing in? Sounds synonymous with low performer to me. If I earn $10 million per year, but I bring in $200 million in revenue, sounds like it would be more "expensive" to not have me around. (I don't make that much, nor do I sell that much. Exaggerating to make a point.)

Omg 25k??

Globally

Source?

https://joinfishbowl.com/post_9f1ex

We announced 5% performance based separations after reviews conclude in a few different places. 5%*500,000=25,000

Sounds better than the accurate but ominous sounding "terminations" 🤷🏻‍♂️

I doubt that 5% client facing workforce will be affected by this

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