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Yes - targeted headcount reductions as opposed to a flat 10% reduction across the board. Many partners and directors have been reduced as well.
Lots of equity partners were cut if they didn’t have a book of business and wouldn’t sell. We lost a fair number of director down but there have been attempts to increase head count or change who we have. Low hours for staff and seniors has gone on too long and some in our BU routinely have 45/week.
Partners were given the choice of vote for PE of resign I heard.
Are considering 45/week low?
Many more directors after PE.
there was no major change, just running the business.
We did not
Not in my region/service line. We've really been business-as-usual. There were some people let go in the fall, but low performers are let go after every busy season, that's nothing new (though some of our younger/newer team members don't realize that and get freaked out by it.)