Audit lay off people during recession ?

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After 4 years I’ve never seen anyone laid off for business issues. It’s all been performance related. Trust me, everyone desperately needs people

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P1 I’ve been with the firm for 4 years, as I mentioned, so my comment is only applicable to that period

Yes

Yes

... Like, how much?

Advisory was hit hardest. Audit in my office was about 15%

Back in 08 they laid off all 2nd year staff and any outside hires so they could keep the intern pipeline open... then the seniors, supervisors, managers, and admin all went. Hell we had an HR manager get laid off after she was doing layoffs in another office. No one was safe.

Hey when all your clients are forcing you to accept lower fees, and other clients are just disappearing anything can happen. Hell I remember expenses not being reimbursed for 6 months at one point.

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