hearing some senior managers are leaving the firm. is this true?

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Yes

who are they?

Yes

Yes, SMs are leaving both in Deloitte as well as in our Oracle practice. Some 4-5 have left in last one year from.o2.

we have only 12 SMs now for a practice of 2700+ headcount.

any specific reason?

I heard of another tenured SM putting his resignation few weeks back. Don't want to quote the name here.
Feew of the Ms who were in SM process quit even after they were sure of making it to SM this year.

Not sure if leadership is doing anything on this front or they want SMs to leave.

Yes

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