Hearing rumors that Strategy& is cutting salaries by 30% for Associates? Is this true? I was in the interview process pre-Covid and was going to reach out again soon but don’t want to be insensitive

likeupliftinghelpful
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Me from Deloitte while every other company starts to implode after they lied to you there were no layoffs *eats popcorn*

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Hasn’t Deloitte been hurting for a while? I heard from a partner

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My father’s brother’s nephew’s cousin’s former roommate said it’s 42.7% but only to people whose first names have more than 3 vowels.

likefunnyuplifting

It’s a Spaceballs reference.

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It’s not true. Stop spreading rumours about the Br&

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Can say with confidence would not happen with any firm. Higher levels take first always

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Yes, cutting an associate’s salary by 30% is like 1 hour of a partner’s time lol.
OP I promise we are not cutting salaries regardless, but if we did, an associate’s salary is not what’s going to save us

likesmart

Not true, carry on.

likehelpful

Never heard such thing and can’t see why we would do that

It’s definitely just part of your normal performance management process

I heard it was gonna be more like 40%

Thanks all, clearly this isn’t the case - I was shocked when I heard this and wanted to make sure I wasn’t going to seem absurdly out of touch by reaching back out if something like this is happening

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