How did PWC and Deloitte handle layoffs this year? Just curious in terms of how and when? EY layoffs have been quite sneaky!

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Enjoy your sneaky layoffs then, bigthreebro ;)

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I’m from NY lol. But NY has historically had some really weird communication around staffing. We’re always told we’re over staffed in the summer because there just IS no summer work in my practice, and then come the fall, you have to have managers and second years senior jobs. We’re losing folks, so I don’t think it’ll come to layoffs here either. I think there may be a few performance based separations, hopefully legitimate

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PwC’s approach was to apply the concept of the vitality curve. In theory, this is in line with how layoffs/ firings for low performers have been handled for the past 10 years. The only difference is that the firm this year has been less willing to be patient with people and give them further opportunities to demonstrate improvement.

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Agree - seems like it's true that some of the people who got 4s and 5s this year would've gotten 3s and 4s the last few years, but only because it was harder to retain people with the job market so hot

They just happened at our round tables. People got 5s (1-5 system 5=bad) and they were fired for performance reasons. No “COVID layoffs”. Seems we had more 5s than normal this year

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“Layoffs as a last resort” is the mantra at PwC

But there have been a lot of posts where people think a higher than normal number of people were let go or put on PIPs for “performance” reasons

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Related Posts

Anyone else using their layoff as an excuse to finally pursue a new career?

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

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Hi all, i was fired today because i said the truth!! Isn’t that interesting?

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When you say your salary jumped __x, how is that exactly calculated?

Mine was $16k (minimum wage before joining corporate) > $40k (contractor total before getting laid off) > $150k (current FT)?

Is that a 260% jump or 2.6x from $16k to $40k?
And a 375% jump or 3.75x from $40k to $150k?

Or do I calculate it by hourly rate?

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If you do something on the side for extra cash (like drive for Uber) then lose your agency job in a layoff, does your little side gig disqualify you from collecting unemployment?

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If I just chill on the bench for long will I still only get fired at the end of the year?

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I was recently laid off and I am actively search for a new role. I am mainly targeting Business Analyst, ScrumMaster, Product Analyst, roles but I am open to others.

Must be located in Austin, Texas or fully remote.

EXP
5 Mo- Business Analyst 3
1.5 Y- Venture Capital Associate
1.5 Y- Strategic Planning Analyst

Certifications
ScrumMaster
Specialist Accounting and Finance
Specialist Business Intelligence

Contact
737-707-5156
ajaspercannon@gmail(dot)com
www.linkedin(dot)com/in/jcstrategy

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I got an email from a Cybersecurity Advisory Partner with the subject "Catch-up". Last week we all rolled-off from project abruptly b/c the client terminated the contract. Am I getting laid off?

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Boomer. I am in between jobs. Laid off in 10/21 after 16+ yrs, with an ABA firm. RIF. Still on excellent terms. Took my time living off generous package and didn’t seriously start applying until 01/22. Made a rookie mistake and accepted first offer.
Turns out job wasn’t as advertised. Mutual parting of ways 3/22. Due diligence is critical.
Now interviewing a LOT. Some temp work, I still have “it”. I relate to all gens. Willing to mentor AND learn from all. Tech savvy, CTE from day one. Leads?

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Hi Fishes!!!
How is Coforge(previously known as NIIT Technologies) is for the Scrum master role on the basis of :
1. Work life balance.
2. Work nature.
3. No. Of teams handled by one Scrum Master.
4. Being Agile forum.
5. No. of reports and meetings for the agile forums not just teams.
6. Layoffs.

Please help me by answering as many pointers as you can.

Location is Noida.

Thank you.

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Anyone know Deloitte core business group in Deloitte consulting LLP?

Salary range, business outlook of this group amid layoffs and green card initiation timeline?

Post Photo

Hello all,

I have got an offer from vmware but I have heard that vmware layoff employees a lot. Can anyone please put some light on the layoff situation in vmware. I am really confused

Thanks

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Will there be any layoffs in GDS?

It's refreshing to see RBC's committment to no 2020 layoffs. Anyone know if any other banks are following suit?

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Lowe's I am selected in Lowe's India as an Associate Software Engineer, I am currently serving my notice periodin current organisation. Shall I consider joining lowe's india, considering current layoff and recession going on in market?

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When you hear that staff 1s we're just laid off... 😳

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Hey Guys. Regarding the forced layoffs in PS. It’s high time we unite and hit them back. I’ll request all people who’ll receive the video connect email from PS to do one important thing. Use a a pen camera or a hidden camera(small) in your pocket before attending the call and record the call and events. These peoples should not be spared. Try to get some evidence and let’s expose to public media and other legal teams. You can do this anonymously thereby saving others from this crap.

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Would you be sad if you got fired today?

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I was just laid off from a fintech startup after 4.5 months as their first ever IP attorney. Anyone have any leads on other IP roles. I’m soft IP/marketing focused but also have patent experience.

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What if Elon Musk replaces Rajesh Gopinathan as the CEO of TCS?
All the useless managers will be fired?

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Hello Everyone
I am looking out for job in Automation Testing domain.
Preferred Location - Pune and Bangalore
Work Experience - 4 years
Any lead will be very much helpful...

Thank you

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Anyone ever heard of or worked for Sygnia?

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Meta Security Partner screener interview. Expecting app and network security questions and a threat assessment section. Any tips are appreciated.

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How much do Senior Consultant make at KPMG - Finance Transformation?

What are peoples thoughts on lockdown? Seems weird that it is likely to continue beyond April given all vulnerable will have had at least their first vaccine by then

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Anyone from DHL in warehouse design engineering?

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Given the amount of money floating around our industry, what do you guys spend it on? Do you buy stuff, experiences, or do you just invest it in a fund? I collect retro videogames.

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I’m not from an English speaking country but I am watching a tv show and businessmen walk into a room and instead of greeting eachother, everyone says each person’s first name in lieu of hi, however in my experience working in the states, I haven’t seen anyone do this, it’s always hi or good afternoon or some other greeting first THEN they say their first name. is it also appropriate to omit the greeting?

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Thoughts on GP Bullhound?

I am just curious. How much do consultants pay rent in Chicago?

Anyone else feel cautious about the JP wellness screening? Is this something they can use for drug testing? Even still it is weird giving my blood to my employer

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Have people checked out Aion by Matthew Spoke and Nuco? Looks like the next biggest thing since Ethereum to me. Curious of others' thoughts

Our god is an awesome god 🙌 feeling like it’s easier to get through the rough times. Can finally go to church and worship after so long that I couldn’t!!

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https://joinfishbowl.com/post_7fg2583roi

Please pray for this person.

Post Photo
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How does the @paytm -telco product team work?
Is there a work life balance? what is the range of salary for a sr.product manager? what should be good ask with 7 YOE?

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What is the HRA policy in Accenture? I got to know that i can't claim HRa if my base location is city A and living in a rental accommodation in City B?
Is that true?

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Take a break: if you’re anything like me, you’re glued to newsfeeds and maybe the markets. Give yourself a day off. Focus on things that make you happy. The news will still there tomorrow.

likesmarthelpful

does anyone have any model practice / prep materials that they'd be willing to share? happy to contribute $ ... struggling to figure out how to practice in a structured way

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Top 5 All-Time (regardless of resell value)?

Mine in no order:

Cement 3s
Cool Grey 11s
Neon Air Max 95s
Wave Runners
Sambas

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Tagline for award shows post COVID

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Additional Posts in Accounting

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How do i see my utilization?

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What has attrition been like for new hires at your office? Been hearing some pretty bad numbers from some of our larger offices.

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Passed the CIA. 🍾 I'm rolling deep in the letters... CPA, CFE too. What should I do next?

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What is a reasonable raise plus promotion increase to manager in the tax practice in Chicago? Numbers are up in a few days so trying to get a good idea what is reasonable.

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Anyone used Alteryx before and have tips for new users?

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Anyone know of any short online ethics courses I can take for credits in Illinois?

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Found that pwc reimburses Becker for CPA review course but I used Roger. Will i still get reimbursed?

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Do a lot of seniors in the advisory groups work weekends? I am coming from a group that has busy seasons sometimes we don't get a day off for a few weeks before the deadline. 80-100 hour weeks for me.

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other than Big 4, what other firms have good FDD groups??

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Best accounting humor instagram accounts to follow?

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I did audit in 2 hours for the whole exam did I fail ...

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What is it like going from Sr Auditor to Sr Accountant in industry. I have an opportunity to get a pay jump and better hours to finish up CPA. Any advice would be great!

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Sacramento Big 4 folks: What is your office culture like? Which is the best Big 4 in town in terms of market power?

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Anyone apply for CPA during complete wfh? How do you get signatures/letters of recommendation from coworkers? Specifically in MA if it matters

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Any international transfer suffering from ACCA?

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Anyone have any experience with Opportune LLP(energy consulting firm)? I’m considering the pros and cons of potentially making the move from B4 audit associate to a Senior Consultant position.

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What are exit opportunities for people in TAS? Is it much more limited than audit exit opportunities?

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