Anybody heard about layoffs at KPMG?
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Just heard of two, director and manager level
I haven't seen anyone fired, I have seen three people so far either quit or be put on PIPs. Mostly in RC underperforming sections.
Kpmg never fires anyone sadly
No these were layoffs I know the people personally. So was just wondering if there were anymore.
I've heard of a few higher level lay offs - directors from the RC and MC practice
No, have you?
What practice?
No layoffs, they quit.
Think there will be a lot of people that got the message after their year-end discussions... thinning the herd
It's part of their annual cycle. Kpmg hires and fires like a revolving door. Even the recruiters are boomerangs.
I know people who were offered deals to leave like you'll get 3 weeks paid or whatever but definitely not layoffs. Are you sure they didn't tell you that bc it sounds better than fired
A number of Directors did not meet with FY16 sales targets which led them to get counseled out. Which can been seen as a forced layoff...
We don't fire. We do counsel out.
What's the detail on"counseling out" do they help you find another opportunity or is it just "it would be best if we part ways. Please quit"
Usually placement support is part of the deal, yes.