Guys, I work in products. Can someone ELI5 what's going on with all these FS layoffs?

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At PwC, the layoffs are the result of current projects drying up (like mortgage lookbacks) and the loss of key accounts to competitors. Our leadership had ridiculously aggressive growth goals and now that they can't meet them, people across the board are getting let go

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Holy shit at Accenture too???

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Haven't heard about any layoffs in Accenture, but an MD for security consulting in the financial aervices sector did just leave, don't think he was laid off

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Apparently Accenture has a hiring freeze though. Heard it through another consulting grapevine forum

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Yeah the hiring freeze is accurate. Heard it from an internal capacity lead.

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Thanks P1.

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Hi,

Is this a good time to join HP? As they have recently announced 6000 layoffs in 2 years.

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Hi,
As of now I got into PIP so does it indirectly means that i will be fired.?

With a recession around the corner - two questions:
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2) will there be more work in org design? Just saw the Robinhood 9% workforce layoff announcement.

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Accenture CEO said on earnings call that accelerated performance cycle will help manage low performers at greater pace if need to pull levers.
More layoffs are incoming soon.

About last layoffs, we didn't do any layoffs it's cost adjustments mostly in operation centers and restructure due new growth model. 🤷‍♂️

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I was recently laid off and I am actively search for a new role. I am mainly targeting ScrumMaster, Product Analyst, and Business Analyst jobs, but I am open to others.

Must be located in Austin, Texas or fully remote.

EXP
5 Mo- Business Analyst 3
1.5 Y- Venture Capital Associate
1.5 Y- Strategic Planning Analyst

Certifications
ScrumMaster
Specialist Accounting and Finance
Specialist Business Intelligence

Contact
737-707-5156
ajaspercannon@gmail(dot)com
www.linkedin(dot)com/in/jcstrategy

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