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Rising Star
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I left. Best decision. If your firm is acquired, the promotions will be slower and also higher chances of lay-offs unless you know how to win office politics.
Private Equity is worker negative. What they do is go into a business, make investments in automation, and then fire people who are ‘AI-ed out’.
Happened to me in EisnerAmper.
The experience is horrible. You can see your disappearing before your eyes.
I will give you one more tip…record conversations. All of them. You will hear people with such attitude, they will make comments about people race religion and creed. As they do that, compile a bunch of these and bring them to HR and say, “I am whistleblowing, here are the scumbags who said horrible things, go fire them, not me.”
It works, trust me.
Maybe you were fired because of your attitude, not AI
Private equity is a churn and burn business
They do not invest for long term ownership
Selling Partners make out very well
Everyone else is screwed
25 year old PE staffer now calls the shots
Reports due every Friday
Stayed for a year and it was literally a speed run on how to destroy a company’s culture. My firm was a local firm that was acquired. So sad honestly. A few months after I left, roughly half of the firm was gone. All great employees.
Rising Star
Stayed and watching it get worse while partners try to tell us how great it's gonna be.
Did Crowe get acquired?
You’re no longer owned by the partners who know what it’s like to be in your shoes and what it takes to be successful as a CPA. You are now owned by a company run by people outside the industry who are solely focused on firm earnings, having the massive debt the firm took on repaid, and timing the sell off. There’s not much upside for employees in that scenario.
PE is a churn and burn business
They don’t invest long term
Selling Ps make out great
Everyone else is screwed
25 Yr old PE staffer now runs your firm
Reports due to her every Friday
💯