{ "media_type": "text", "post_content": "After banks, layoffs to begin at Big 4's brace for impact!", "post_id": "5742010d2ebccc130064ba81", "reply_count": 19, "vote_count": 5, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

After banks, layoffs to begin at Big 4's brace for impact!

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FB is anecdotal - when I see WSJ articles like is the case for banks, I'll believe something bigger is going on than just regular trimming the fat

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Well the big 4 layoffs weren't true layoffs. They were branded as poor performing staff reductions.

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Where have you been EY?

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Uh they've already begun

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First round happened in March

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EY1 truth 🙌🏼

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I believe EY is not laying off yt.atleast not in risk .but you never know

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EY TSD will have heavy layoffs

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Others in EY expect up to 10% force will be let go due to poor performance

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Wait for it, CCAR is a bust

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Source?

This might be on a practice to practice basis. My practice at least we can't keep up with our pipeline and I believe we might have just hired. Also goes to show if say your practice is focusing on financial services and your client is cutting back, the scenario will be the opposite of my practice.

A certain PwC assurance practice that pretends to advisory to have massive layoffs starting next week.

At Deloitte at least the layoffs last week were branded as "non-performance related" and was mainly people on the beach.

EY2, which market are you based out of? Risk had layoffs in Central Region back in Feb/Mar

Where did you hear that layoffs will be in TSD op?

Northeast .central had layoffs ? Damn had no clue

Yeah. People from levels across Exp Staff/Seniors/Managers were laid off

Damn .count ey3 ?but the firm says risk is doing well and there are no layoffs 😕

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I’m sorry if this sounds insensitive but does it look bad if one of my recommenders is laid off? I was about to ask for a rec but haven’t yet

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What agency ISN’T going through layoffs right now?

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