{ "media_type": "text", "post_content": "Here is how KPMG handled an announcement today re: a RIF:\nWe’ll be laying off people. We can’t tell you when. can’t tell you how many people. We can’t give you any details. But we WILL send you an email after this call with FAQs and the severance policy. \n\n...no email was sent. So, now 1,000 employees are going to bed tonight confused and irritated AF.", "post_id": "5f61742cc9d3c50029226cfc", "reply_count": 51, "vote_count": 36, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

Here is how KPMG handled an announcement today re: a RIF: We’ll be laying off people. We can’t tell you when. can’t tell you how many people. We can’t give you any details. But we WILL send you an email after this call with FAQs and the severance policy. ...no email was sent. So, now 1,000 employees are going to bed tonight confused and irritated AF.

likefunny
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Better than what we get in my business unit. Everything’s fine. Don’t worry. Another round of kool aid?

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That's what they did to the admin community. They only said something once they needed ppl to decide if they wanted to op-into the severance package.

I just wonder how 1000 EA jobs can turn into 60 ASK positions. They want you to apply right away with a pay cut. They will feel the pain when we are all gone. It’s just a matter of time. Heads Up KPMG!

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Remote admins

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At least they admitted to layoffs vs the underhanded stuff EY is doing...

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What is EY doing?

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That's straight up f**ked

likehelpful

So you’re saying they paraphrased Taken?

funnylike

so are EAs the only ones expected to be laid off? what about other practices?

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Expecting some layoffs in other practices but I have no details other than it won’t be proportionate by function.

Know what’s great? Head of US tax still gets two admins + a chief of staff all to himself.

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Laying off 1000 people or 1000 people got the email?

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Executive assistants / admins

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EY did this years ago. Massive EA reduction

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PwC did, as well, but quite a few years ago. "Restructured" the admin function.

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@KPMG - what is ASK desk?

EY has had this model for years. Most PPEDD's are assigned a remote EA not in their location and anyone else under that rank does not have access to any EA anymore.

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