Are all these Deloitte layoffs affecting my public sector friends?

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It’s overblown and not what I would consider a wave of layoffs. We’ve had 10 years of double digit growth and have gotten a little lax at maintaining a healthy churn rate. Our natural attrition has shrunk to basically zero so the firm is now having to encourage the lower performers to leave. A lot of people are being shocked out of their torpor by it because they never seen the more aggressive side of big4 consulting. It’s still up or out boys and girls, even if the firm let it slide for a few years in an effort to keep pace with growth.

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Yeah, some of us. They’re across the board- though some people say they do this every year.

What’s the reason for the cuts?

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