{ "media_type": "text", "post_content": "Here Deloitte goes with the layoffs. Three close coworkers let go.", "post_id": "5eaf83a344d7cd002b99de60", "reply_count": 71, "vote_count": 27, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Here Deloitte goes with the layoffs. Three close coworkers let go.

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We literally just started our performance reviews this week (CRT’s) in Advisory US so not sure about any performance related “layoffs”. We just don’t move that fast but hey, I guess you never know. I’m in CRT’s as RL and ours is next week.

likesmart

For Consulting Dan basically said Friday layoffs won’t start until the new FY. I’m sorry, “performance actions” will start (and wink wink we’re going to have more low performers this year). Maybe different in Advisory. I’m Consulting and zero headcount reduction so far in my OP other than a couple that seem voluntary.

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Not really S&. From my time at PwC, S& was a clear cut strategy shop. Consulting is basically all facets of work that are not Cyber/Accounting/Audit, not dedicated to only strategy.

likesmart
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It's performance management season folks. It must be OP's first year with the firm. Yes, layoffs will happen, they have always happened, and will most certainly continue to happen for another few months and there is nothing wrong with that.

likefunnysmart

R/agedlikemilk

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This can’t be performance related right?? They haven’t even finished the review cycle

likesmart

Doesn't advisory follow a different cycle? They're almost always done earlier than consulting.

likesmart

People don’t have a right to a job, plain and simple. You can quit any time, they can let you go anytime (other than protected reasons). We’re in the middle of an economic collapse. What’s the issue?

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Hahaha!! Living on someone else’s whims? 1. A partnership, like many of the firms here are by their very definition, a collective. 2. I see you edited your original response. Mayhaps you project a little too much. It’s ok to be wrong C1. With youth comes inexperience.

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Are they receiving any severance at least?

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This is all we care about! Give us the severance details!

That doesn’t jive. I tried to get rid of a low performer and was told that we can’t do that right now.

likehelpful

C1, I was being sarcastic but also talking from general, non company specific, experience. Please don’t interpret my comment as literal or specific. However, when I see people saying everything is normal... well thats just silly...

likesmarthelpfulfunny

Same here at PwC and it’s not just performance related here

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A few people is not a lay-off. Performance management actions will still happen. People will just notice more

DC or Advisory? What level?

likesmartfunny

What kind of work?

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I’m so scared to start working at Deloitte now omg 😭

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Is Deloitte SF laying off anyone from Finance/Accounting dept?

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Hang tough

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They let them go over the weekend?

No, last week. I didn’t hear about it until today.

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Regular performance cuts or more?

both

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Heard 20% nationwide lay off starting next week ???

samesies. my bf?

Dan just said "mid single digit percentage" layoffs expected after Year End.

The Business of Business is Business!

this aged well

What’s the outlook for S&O GPS new hires?

OP, Title, Location?

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