{ "media_type": "text", "post_content": "Am I the only one freaking out about layoffs at KPMG? (Can't update profile to KPMG for some reason)\nWe are all on pins and needles waiting!!!", "post_id": "5f7376edc84dfa0024d4706e", "reply_count": 27, "vote_count": 4, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Am I the only one freaking out about layoffs at KPMG? (Can't update profile to KPMG for some reason) We are all on pins and needles waiting!!!

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I am not at all worried about layoffs at KPMG.

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You're not the only one

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My SO works at KPMG - he’s just sitting and waiting to see what happens

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I don’t blame anyone for not working after the 12:30 call and basically telling folks they will receive a email in 2 hours if they are impacted.

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So they announced layoff but didn't say who was affected?

Their approach was not the worst, i must admit. But I am still scared af

Is this a layoff due to Covid or just performance related?

Covid but they will cut the poor performers and underutilized first obviously.

396 in advisory. People are already getting follow up emails informing them of their departure.

Looks like: 396 in advisory, 189 in audit, 194 in tax, 620 non-client facing employees, +125 in tax got reduced salaries.

This is correct, IBM1 is reiterating our numbers that have been posted on this bowl in other threads - it’s no secret

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If the numbers above are true that’s a pretty small count

It’s like 3% of KPMG advisory. Doesn’t Deloitte fire the bottom few percent every year?

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