Heard some layoffs going around at KPMG Canada. How’s other Big4 folks doing?

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KPMG US here - still layoff-free for now, but no doubt there will be some this year. Nothing announced, but I am expecting it.

likehelpful

Won’t be due to covid.. but will be due to no work being sold. Unfortunately as a result of covid.

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PwC Canada here. We just had a call yesterday with leadership. The question was addressed. Plan is to cut partner earnings first. I haven’t heard anything about layoffs so far.

Overall some of the messaging was tone deaf to start with, but as the situation has progressed I’ve seen the firm is really trying to make this as painless for everyone as possible. In this case, actions have been better than words.

likehelpfulsmart

Thank you, that was actually helpful!

For Deloitte Canada, they’re imposing some measures to help absorb the impact but no talks over layoffs yet.

helpful

It’s happening since yesterday .. getting texts and messages all over the places (enterprise tax, audit, advisory ... )

likehelpful

Hang in there! And thanks for sharing.

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