Deloitte S&O consulting laid off ~7% at the end of May (following a previous layoff in February). Any other firms experiencing layoffs?

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I heard we let go of 50% of our entire work force based on an analysis from McKinsey that said demand and rates would go up if we lowered supply. #itsscience

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^ seriously?

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D1- what's the logic?

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McKinsey laid off 25% of associates in the last 2 years

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I heard 15-20% total between Feb & May

Are these layoffs mostly commerial?

*commercial?

No layoffs at EY that Ive heard of. I saw a thread by some pwc guys talking about some layoffs

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Has Deloitte started the lay offs? Link-https://www.reddit.com/r/deloitte/comments/ww02l3/fired/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

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URGENT: Can anyone refer me for an entry-level software engineer/ Trainee Software engineer role (Java preferred)? I need a job on an urgent basis as my current organization has asked me to put down my papers due to changed business requirements (read layoffs) and has given me 30 days to find a new job. And I would really appreciate you guys if you can provide me with any help in this situation.

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