Caught a peak of the advisory utilization numbers...could see layoffs at KPMG as well. HUGE amount of 0% on the year with 0% forecast in retain. Also heard parts of RC just got reorganized at the top

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Oh great there goes the shattered dreams of 50% of current/ex PwC/D employees

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I don't think it's the pipeline as much as it is staffing/hiring habits. For PwC (and EY/ACN) that was a big issue. Hiring way more staff than they could realistically need. KPMG is more careful about the mass hiring, so I would be shocked if they had 15% cuts like the rest of us

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Also call bs on this

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I will be surprised if one firm has a strong pipeline of projects while others are struggling to feed their staff. We all are hurting, just depends on how risk averse the mgmt. is

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Sorry this is bullshit. On average every practice I have folks in are averaging >70% and I have a pretty solid network here. Things slow down during the summer but will pick up like crazy just after August / September

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People have 0% util seven months into the year?!

OP- you HR?

I'm in Strategy and don't know of a single person (in Strategy) <70%

How many of those 0% were non-Partners?

^Good question.

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