{ "media_type": "text", "post_content": "Deloitte US doing layoffs, KPMG doing layoffs and reducing salaries... What’s next in the pipeline folks? Are PwC and E&Y also going to do same? Everyone removing their bonuses as well? (All discussions specific to US)", "post_id": "5ed2cd7e80bf190020ebb894", "reply_count": 29, "vote_count": 7, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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Deloitte US doing layoffs, KPMG doing layoffs and reducing salaries... What’s next in the pipeline folks? Are PwC and E&Y also going to do same? Everyone removing their bonuses as well? (All discussions specific to US)

likefunny
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KPMG has had no layoffs. Don't spread fear

likesmart

Off shoring as multi year plan - not COVID related.

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No layoffs at McK, only partners are taking pay cuts because TRUE leaders eat last!

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likesmartfunny

McK has lot of true leaders who understand/ practice/ follow the wolves story. I am very happy now

Deloitte is doing what kind of layoffs?
EY is doing bau performance separations

likefunny

All of D1s points are accurate. Our FY end is May. All hr related decisions (promotions, separations, bonuses etc.) are made around now but aren't active until Aug.

Just stop, you’re the worst.

Additional Posts

Just did the math. Utilization has been at almost 120% since September... No wonder I've been such a gem to be around 😂🔫

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Making 105k in NYC as a Senior with 5 years experience as a creative. I worked in different industry for 2 years and spent 1 year as an AE before making switch to creative. Fair or nah? And what bump should I expect for ACD? Thanks!

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How is Mccann NY for young creatives? I know it's a huge shop, but general culture work/life balance, perks and cons?

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Thoughts on offer. Current TC is 168k (140 base + 20% bonus). exit to corporate finance role at a mid cap tech company in low col. Offer is 125k base + 35k rsu per year. Role is m&a/ir report to vp

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I understand the importance of strategy. But I’m confused as to why mid level strategists are paid more than my mid level creative teams and some SD are paid more than CDs. Any insight?

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I've had my run-ins with people who like to linger in their thoughts and spend time circling in conversation because, whether they knew it or not, they were not sure what they were looking to achieve.

This has burned me in the past (e.g., Hours spent revising material, unnecessary back-and-forth communication with clients).

Hence, when you are assigned something or create something for yourself, make sure you are fully aware of your end goal, so you know what you are working towards and how t

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likefunny

How did you know you were happy with your GMAT score? I have a lower undergrad GPA so, I feel like I have to score higher.

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