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I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?
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Chief
What does voluntary workload reduction even mean in consulting? Like, are you guys going to tell your clients you are only working 4-day weeks?
This business is built upon the concept of quietly ghosting hours. What does 80% mean when you routinely work 50+ hour weeks?
Chief
I think you misspelled “pay cut”.
Enthusiast
I’m still pissed they encouraged us to take last Friday off for the long weekend and now this
Ohhh Wow. Did not understand that before. Thanks.
Enthusiast
GPS predicting a increase of 7%
D9 which team is this?
Pro
Layoffs beginning next week. Some voluntary reduced workloads, some mandatory reduced workloads depending on business.
80% reduced work schedules and comp up to 5 months in duration for some groups. Will begin mid July.
Mandatory work from home through at least Labor Day.
Curiously enough, they have not mentioned AIP and Raise status.
Anticipate competitors taking similar measures, current differences due to fiscal year end differences (will likely equal out over time).
Updating as they share.
Pro
They didn’t specify region on this call so I would imagine it’s firmwide.
Chief
Consulting Commercial CBO and GPS are making money to my understanding, why the weight higher for that group?
Pro
What about new hires?
Enthusiast
Yep I just heard the same thing on Staceys call... 5% of professionals and EAs.
Pro
Stacey Dash
Rising Star
Isn’t the headcount a lot bigger in audit and tax? The real % may be a lot higher than 5%
What is voluntary reduced workloads?
For Canada it was until end of Aug
What’s the source of this info? Is it coming from a firm wide leadership call?
Enthusiast
KPMG, tax audit advisory it was announced to us all on firm wide calls
Any chance that all the people who are on bench for less than two weeks will also get lay off ?
Any idea which groups within Deloitte Advisory is going to be the hardest hit? I‘m in Forensic ,but not sure whether it will be greatly impacted?
Another forensic fish here