Any firms care to share gossip about the layoff situation?

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Layoffs seem to be incoming at KPMG with firmwide call this week and talk of being "over capacity" a few weeks back. PwC reported to be masking layoffs as "performance related separation" but unsure how true that is.

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Everyone I know about from pwc who was terminated was really bad at their jobs and no one wanted them on their accounts.

Any updates for this thread?

It's a bloodbath at EY today. Lots of people being laid off at all levels.

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Layoffs at Walmart corporate 😬😬

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Can partners comment whether Pwc is having another round of layoffs. This is so scary! Shouldn't they rid of partners who can't sell first?! Or pause hiring? Opp. cost to find and train talent again?

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When the layoffs hit the BBbanks, where are the first cuts amongst IB, sell side research, buy side research, trading, sales, operations? Maybe rank starting with first out.

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I just got laid off — anyone else get hit this round? ☹️

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How long is too long to be an intern? I've been interning for about a 1 year and half now at 4 different agencies. All extended me until I'd leave for another agency. I was told bad timing/layoffs

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S&P Global Hey everyone, Heard this rumour that huge layoffs are going to happen in S&P global india....can anyone give heads up about this ?

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My director gave me a 45 day termination warning. I had a random 1:1 with my director last Friday. She essentially told me I have 45 days to increase my activity (I’m a recruiter that gets measured on daily metrics.) After the 45 days if I don’t meet these requirements I will be terminated. As you can imagine I am panicking a little bit, I’ve confided in a few coworkers and they told me to start looking for a new job because even if I meet these metrics I could still be fired. Any advice?

Layoffs at Omnicom shops today?

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Hi Fishes @ PayPal. How’s the job security at PayPal? Are there frequent layoffs till L25?

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Recent lateral junior associate in brand new practice where I'm the only associate. I'm probably going to bill 1,500 hours max this year due to being very slow and taking time off for a delayed honeymoon which I disclosed during my interview process. I have been told my work product is good, I don't turn anything down, I participate in non-billable work, I'm responsive and I always let people know I'm available to help. Do I need to be worried about getting fired for low hours?

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