Anyone has information about today's layoffs at PwC?

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Wtf is happening at the Big 2!?

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I got laid off today, wouldn't say it was deadweight or bad performance. At least not in my case.

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2 weeks is bullshit

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No clue at all. Came out of left field. Pls commercial. End of the week means I get to blackout for 3 days

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Getting rid of dead weight, happens all the time, we have the forum to hear about now days

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Only 2 weeks?

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Naw, haven't heard anything so far. What have you heard?

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I know someone who got laid off as well

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This time it is not really the dead weight is what I heard. Even though there are projects in pipelines, not enough to support all the employee

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Sorry pwc3, I heard the exact team, hope you got a good severance and can locate soon. Best of luck

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Good luck PwC 3

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OP I'm pretty sure you're talking about me haha. But I'm glad to hear the real reason bc what they told me was the corporate schpeel about performance in advisory and relative to peers, which I know I was performing at level and at partially at next. Severance was 2 weeks and paid unused vacation

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that's not right....it's a bit worrisome. PwC 3 you will move to bigger and better things. This gives notice that no one is safe.

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What practice?

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PwC staffers were let go today.... I know of one person that was let go. No one was expecting it because a few months back a large layoff occurred.

Any reasoning as to why? Was it performance of the individual or PwC is having a bad year, etc..? Just trying to get a handle on this since I am new to the firm.

That kind of makes sense. The person that was let go was not a slacker but was out of a small market in the south. But I was not sure. When I spoke to senior leaders they said the firm was fine. Always interesting what you are told and what is actually going on.

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Yup. I think it's 2 weeks per every year you've worked there

Tell me about it. Especially considering I was notified yesterday

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