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Baker Tilly does this every single year. This year, we did make some additional cuts in areas where we were overstaffed and in support areas like Marketing, People Solutions, Tech where we over-invested, but the bulk of the reductions were performance based. We have to right size.
I dont work at BT lol
I thought there was only one BT employee on FB. Surprised to see so many of y’all
I would not recommend anyone come to BT right now... They turned bad quickly after the leadership change. Stay far far away
That's really rough, sorry to hear that. Are the 3 month severance rumors true?
Who in their right mind would go to baker tilly? It's just a hodgepodge of your bottomfeeding local cpa firms.
Hilarious!!!!
Omg… have none of you ever had a job before? It’s review time, we evaluate under-performers and we let go of the underperforming when we are understaffed. There are no mass lay offs, and no one says anything because it’s not appropriate to tell the entire office that “x” employee was fired because they were not performing, it’s not the entire office’s business.
Bakertilly 14 are u saying 200 people were let go of in your office ? Or across the nation? Which means 4-6 per office. 😯
It's less than 200 people total and is all low performers, now that the annual evaluation period is done. This literally happens every year, it's 100% normal to get rid of your employees that habe habitually underperformed... I'm glad we aren't giving out participation trophies because it helps no one in the long run
It was not all low performance. They dissolved roles of firms they acquired. Always come down to billable hours and partner bonuses. Greed at the top at Baker Tilly after they let go of their CEO.
You guys need to calm down. B4 has been doing the same thing and it’s normal this time of year. The fat has to get cut, especially in this economy.
This was my scenario also. Every feedback & 6 month review indicated I should expect nothing but positive results.
But, Friday, before my anniversary, coincidentally just in-time for pay period & disconnect day.
I also directly asked, was performance a factor, was utilization a factor, with a resounding NO.
My concern, my is there an opening for the same position now posted on LI?
Less $$?
Perfect place to do some audit frauds and insider trading early on in your career
What?
They went on an aggressive hiring spree right after COVID and were offering ridiculous comp packages. Not surprised at all.
Your impression is incorrect my friend
Downhill fast.
NO FIRM IS SAFE
Good. Hopefully most of the layoffs will be in consulting because audit and tax desperately need the bodies
Yeah they tanked us. Our office is up 15% and we get no raises….we took a hit for the crappy consultants
Pretty inaccurate summation - every firm has terminations post fiscal year end. Don’t make this seem more than what it is
Hey man; when consulting tanks the firm people gotta go…as usual, years of listening to Alan talk about compliance is just nothing that important and it saves firms every single time this happens….
Hey if anyone is looking to pivot to Crowe an actual loyal firm feel free to DM me.
I heard Crowe gives crappy raises.. so loyal.
My baker’s last name is actually Tilly and makes phenomenal banana bread. It has chocolate and peanut butter chips.
Hahahaa
This has been happening precovid too. Team members get a random invite from a partner and they disappear. No formal announcements to the team.
Layoffs are happening in audit. Staff and senior auditors are being let go.
What state/market?
Somebody else needs to back this claim up for me
How did you see it coming OA? Can you share … was there a severance package, was it fair?
Confirmed.
Sorry to hear - if you happen to be an audit manager looking for somewhere new to land hit me with a DM
BT 9 since you are making a lot of claims care to share what areas of the country are having huge lay offs?
I was remote