Did anyone hear about PwC layoffs already?

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No, go on OP...

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@op don't post teasers like this unless you can back it up. 👹👹👹

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These posts happen weekly and yet no one ever backs them up. We've hired a bunch of new campus and experienced hires to come in in the fall.

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Campus hire here and just got extended on my project, so there's that.. world is not ending at Pdubs

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OP should be laid off for such a useless post

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There was a second round of partners let go in the last few weeks, I heard (first wave a couple months back)

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Yep, received a text about it yeaterday

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It's about damn time. Too many fucking incompetent associates at our firm as is..

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@p6- what will be the criteria for laying off staff people? I am assuming ratings with 4 and 5s will be fired.

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No

These the IFS ones or something else?

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No. Is it the IFS ones or client serving?

Again? Pwc was on hiring spree few months back

Anxiously waiting for my letter

What is the criteria for laying off someone? Utilization?? I hope this year as not as bad as last year. I have heard about the partner layoffs as well.

What partner layoffs? Please explain what you've heard and who you heard it from (friend, PwC staff, management)? I have never heard of a partner layoff, other than forced retirement at 60.

Always PWC with rumors

P5 - heard from a couple partners I am close with that several partners were told to leave - one wave in Jan, another a couple weeks ago. Not sure the terms around how long they have, etc. Less a "layoff" than getting rid of nonproductive partners. Heard staff layoffs are also coming, in addition to the massive IFS cuts (heard marketing took a 30% hit, L&D, etc)

I wonder if partners still get their pension if they are "asked to leave".

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