How bad are the staff layoffs at KPMG and Accenture? And the PWC partner layoffs?

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Layoffs at KPMG are over. And were one day

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Depends who you ask.

If you ask leadership: Accelerated forced attrition occurred with no true layoffs.
If you ask staff: it felt like layoffs coming from the noise on FB.

From my limited experience, though, I only know a single person who has left the firm in the past two months not including those who went to grad school. I’m in our strategy practice which is one of the hardest hit by the macroeconomic environment also so unsure if my experience is truly indicative of the rest of the firm.

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When did the Partner layoffs at PwC happen? Are they still going on?

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PwC hasn’t laid off any staff or partners (no idea how one lays off a partner...). Some partners did choose early retirement.

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OP, the partner early retirements were all voluntary. They could accept or not, no repercussions. Most accepted, some did not. It was an attractive offer, and for that reason went only to partners with a track record of high performance. So no, you can't "layoff" a partner (they're owners in the business), and no, these were not performance related, and no, they were not forced retirements. The truth unfortunately is much less interesting than the rumor mill.

As for staff that were counseled out on performance or PIPs - the numbers are monitored very, very closely (as they are every year). This year's numbers were in line with prior years and in some practices they were actually well below. For people who want to assert that they have better facts, I would only offer that it is impossible without practice-level and firm-level data to judge the numbers.

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Who was laid off? Like what level and sector?

I don’t work for any of the firms mentioned. Just curious

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First year here. Do associates get fired for not meeting the billable requirements?

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Pretty sure I’m about to be fired. I have an offer in hand anyway and have been on a few interviews that have gone well, and a few more lined up. Am I gonna be ok?

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Morning! Being laid off sux, I been down this road 5x in my career it never bets easier.

Dust off contacts and make your rounds
* if you’re in a good position to take time off do some, seems we all need a mental break anyway

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Hi Fishes, I've 5.7 YOE in digital marketing and i have an offer from PS for Senior Media Analyst Role in Digital Marketing Domain. After seeing all the layoff post i'm getting scared. It would be helpful if you could please let me know if anyone if fired from Digital Marketing Domain.

DOJ is Oct 31st, i dont have more time. Please comment if you know anyone from Digital Marketing.

S&P Global Hey everyone, Heard this rumour that huge layoffs are going to happen in S&P global india....can anyone give heads up about this ?

S&P Global

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Hi,
As of now I got into PIP so does it indirectly means that i will be fired.?

My work product is becoming worse and partners are noticing/commenting. I just hate the practice area so much that every time I am asked to do something I just get it done as quickly as possible and can’t be bothered to put in effort. I think I need to quit so I’m not fired for bad performance with a horrible reputation. Am I nuts and should I just wait til they let me go?

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Hi fishes,
Looking for a job change in sales industry, currently working with byjus and having to much toxic environment these days due to layoffs . Kindly recommend .

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Layoffs at Integer Denver today? Somebody spill....

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How is job security in BNY Mellon | Pershing Technology department?
It's very scary to here abot lot's of layoffs in other companies these days.
......
#Layoffs #firing #Job #Termination

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So I was laid off. Is it okay to talk about it at my next job interview? Feels like everyone knows anyway.

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Should I be alarmed that I haven’t had a conversation with my director in a week +? (Any tips for coming to terms with being laid off for the first time?)

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PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

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Has anyone seen firing in Deloitte India? Is there any process or employees are fired directly like few companies?

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likeuplifting

Does anyone think it’s weird that my firm is bending over backwards to try to keep a first year staff from leaving the firm after she was rated a 2 this year. But now she’s trying to leave and they keep trying to push her to stay saying she can be a partner in 8-9 years and laying it all out in detail. The issue is they laid off other staff (all but her) so maybe that’s it? Find it very odd.

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Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

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There have been surprising news with layoffs lately. Has anyone here been affected by the layoffs at Twitter or META?

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Is Paytm payment bank a safe option to join? Heard about the layoffs, poor wlb and culture. Genuine reviews please?
Paytm

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