Guys my opinion about EY Split:
This is going to be a big change and hopefully it won’t affect any employee negatively (my gut feel is it will be a positive thing to employees)
But I feel we should embrace the change and be ready for any adverse effects. Upskill yourself and be ready to switch if something bad happens.

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Separating audit from consulting and managed services so that there won’t be regulatory issues in taking up projects for same client on both audit and consulting fronts.

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True

Will it have more projects in pipeline and good salary hikes etc?

Yes . That’s the motto of split

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What is this split actually about ? Could you please elaborate more on this so others can also know

.

What would be the impact on GDS? will GDS also split in two parts and along with Remain co. And News Co. Accordingly?

SaT, Tax, shared services, consulting will go to NewCo. Audit and some teams of tax related to it will be AssureCo.

Will it lead to reduction in workforce?, asking as recently joined

Don’t think so

After the split, you can't carry the EY brand name with you—this will be the first thing. Second, I don't think after split hikes they will be the way that they are now. One can review the case study of Accenture (I don't know what the average yearly hike is in Accenture). Third, I think professionalism may be impacted a bit. Right now, the company is hiring from premier institutes. Its employees are smart and understanding. But after the split, it may be a mass hire like average IT companies, and you may have to deal with rough people sometimes. These are just my thoughts. I'm not sure what others think about it.

Agreed. So why assume the worst?

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