{ "media_type": "text", "post_content": "CRT is over and I was wondering if PwC will layoff people this year in Cyber as certain markets are not performing well.", "post_id": "593d7ec4ea521c0016baad07", "reply_count": 9, "vote_count": 4, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

CRT is over and I was wondering if PwC will layoff people this year in Cyber as certain markets are not performing well.

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I don't think it's a falsehood to say that if people are underperforming, the firm will seriously consider severing ties with those individuals. It's not a layoff (in the general sense) but a performance issue. Not unlike many of our competitors during this time.

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P4 is right. 5's are being exited by June 30th. Some 4s may be exited as well. But, none of these actions are a layoff or RIF per se. Just normal housecleaning at the end of the fiscal year.

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Cyber performed well

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Folks who got 5s are pretty much gone already. Those are the only "guaranteed" staff reductions in late May-early June each year. A handful of others who are good folks but perhaps not long term consultants have been offered transfers to other practices or internal roles. There is little question that there was overhiring last year but it's evening out. This is in reference to Advisory only, I have no idea what's up with Assurance.

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They already did a lot of cleaning + many people left , so they need to maintain the one the left ...

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I thought cyber is booming?

Assurance or Advisory?

Sorry - meant to add that this approach is agnostic to your LoS or competency

@PwC 4 and 5 - The 4s and 5s are being / already have been exited while those remaining are getting hefty raises within Assurance. There hasn't been much rhyme or reason on the timing though. Some Managers were in May, then some Senior Associates, and now Directors.

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