{ "media_type": "text", "post_content": "How do layoffs at EY work? I've heard of people being laid off...will there be more? Is it region by region or just an overall national thing? I'm a staff 1 and not sure how this all works", "post_id": "5957e24660f12e00112573b1", "reply_count": 25, "vote_count": 1, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }

How do layoffs at EY work? I've heard of people being laid off...will there be more? Is it region by region or just an overall national thing? I'm a staff 1 and not sure how this all works

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You won't rate 2 just because of the CPA

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I haven't passed a section yet, got a 3 and got promoted. Sounds like your counselor doesn't want to tell you why you got a two and made the cpa exam an excuse

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A PIP isn't moving service lines. Your counselor sounds like shit. Or a liar. Or both?

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2 rating is an indicator that you will be laid off. Be proactive and find a new job. Don't listen to what your counselor says off the record. The whole point of the ratings system is to cover their ass when they want to fire someone.

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Yeah I've mostly only heard of low performers getting the cut this year. If you're 3+ don't worry too much about it

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Some people just can't fathom that PA is going through layoffs. Why? I do not know.

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EY3 - you need to talk with someone other than your counselor.

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There are no payoffs. Every organization tries to get rid of people not performing, nothing unique to EY

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I know someone who got a 4 with no CPA.

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^you said you have low utilization. How many sections do you have passed? Do people see you in the office studying when your not working on engagements?

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Well as far as I'm concerned my ratings are good. So speculate if you will. I'm just thankful I can wear jeans everyday to work. That's what really matters.

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I heard that southeast had some layoffs starting in December and they’re getting more aggressive in other regions across any line/sub-service line that isn’t growing Y2Y or that is but not even close to 2020 plan goals (you’d think that at some point EY would update the plan to make it more realistic)

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Seniors are telling me it's mostly staff 2s/seniors who are at getting the cut...but still not sure what's going on. Anybody hear things through the grapevine?

I'm a staff 2 and was rated a 2 because of not having my CPA completed. Good ratings didn't seem to help in my case.

Well that is what my counselor informed me of. My utilization was low... however everyone in my office is at the same level.

There's no way not having your CPA is making you a 2...... also utilization does not mean anything unless you are at either end of the extremes

Hahahah I promise you guys. I don't have a single bad rating in MDS. Don't believe me if you all want... but that is what I have been told.

2 is a bad rating. My senior (S3) didn't get a 2 and doesn't have CPA yet. I would check the framework and see how you stack up against it especially in quality and operations.

I was told specifically by my counselor that was the reason. I asked what my performance plan was if my ratings are good.... and I was told moving service lines was what my PIP would be.

You can get a 5 with no CPA. Living proof

Related Posts

Anyone have any details on PWC's FS consulting layoffs? Locations, numbers, etc.

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Any layoffs in big4?

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What other firms are experiencing FS layoffs? Sounds like majority PwC based on previous posts.

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So...layoffs at Deloitte. What have you heard???

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Last month was the month of layoffs. This month seems to be the month of quitting. For those who are quitting, did recent layoffs at ACN, PwC, etc. have an effect on your decision to leave?

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What's up with all of the Deloitte S&O layoffs? So far they have all claimed to be performance related, but there seems to be too many. Anyone know what's up?

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I hear how PwC has over hired for Cybersecurity. Does anyone know if this is for Assurance of Advisory? Any layoffs?

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Anyone hear about potential layoffs in EY advisory?

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Is anyone on here who was laid off be Deloitte a few months ago? What was your severance? Have they helped you find a new job?

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From reading this app. I realize we have it really well at EY. Deloitte doing major layoffs, KMPG has to come in at the crack of dawn, PwC well the hours..

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Deloitte Perf Mgmt just sent a bunch of Outlook invites for an overview session of the new perf mgmt system. Way to go, I bet everyone is dying to see an email from Perf Mgmt during a week of layoffs

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Layoffs at Deloitte??

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Any Deloitte Technology layoffs you are aware of (aka not from Fishbowl discussions)? Levels?

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Deloitte people. I confirm layoffs of 4 ranked individuals and this year it's been hard rankings. Many 3s forced into 4. I was on the calls. Beware. Not trying to scare. Sharing facts.

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Deloitte layoffs; are all of these Commercial, or are there any Federal ones? I'm fed, and have yet to hear of any here, but shit happens.

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Serious question: What's the reasoning behind all the Deloitte layoffs? End of Fiscal Year, Sells are bad, just curious....

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What exactly is the "change in strategy" at Deloitte that people are using to explains the layoffs?

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Deloitte leadership - put out some info on the layoffs!! Do you know how much productivity is being burned from people on this app, pinging about who got fired and updating resumes?

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Are Deloitte layoffs over after tomorrow? S&O just let go 10-15% of the work force. More to come?

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Additional Posts

Correct font and company!

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Posting from the top side.

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Still not seeing location in the post window when turning it off.

How does this sound?

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Not crashing anymore.

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Where is a new build???

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Post for push testing

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Post for comments

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New posts and

Testing at 9am EST

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Maybe we should implement something like automatic posts refresh? I got a notification about "someone like mypost" but it isn't displaying at the post title...

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Post for tests 2

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Cl bl lb. l fot

Post with company

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Beyond 2 lines the text in each post card is cut off. I wonder how many lines in the comment section?

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Living it up in the city.

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