Anyone hear talks of layoffs in Advisory? I know my office is laying off Assurance and BTS (Tax) staff but haven't heard much of Advisory yet.

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Region?

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Geez.. EY is still laying people off? That is a year of lay offs already.

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Central region y'all

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But supposedly southeast is worst hit.

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Ah that makes more sense. I'd say any layoffs would be region specific. West coast is looking like it'll be relatively light, if not just standard PIPs to weed out. Firm wide, layoffs are supposedly going to be less than last year across the board though.

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A bunch of people I know are planning on leaving in July anyways... several can tell they will be held back from senior promotion. I'd tell your friend to start looking for another job now if I were you.

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EY Chicago already knocked out around 25 staff 1 and 2s since last June in assurance. How many more could they possibly let go?

Yeah the worst thing is EY Chicago keeps hiring like crazy

Where did you hear Chicago was specifically doing more layoffs

Senior in Risk Advisory - supposedly all Assurance related work is overstaffed, so Risk and Assurance will see more cuts. :(

Damn I can see that happening then. Any idea when these are going to happen? I think one of my friends could possibly be one to be let go

Depends when your round tables were. Ours were two weeks ago but I have a feeling that we will find out with our ratings. Supposedly, PIPs will be in greater reinforcement this year.

I'd think that if a staff has concerns they should ask their counselor if they should start looking for a new job.

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