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

like
Posting as :
works at
You are currently posting as works at

You won't rate 2 just because of the CPA

like

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

like

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

like

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.

like

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

like

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

like

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

like

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

like

I know someone who got a 4 with no CPA.

like

^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?

like

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.

like

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)

like

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

Are PMs getting laid off now?

Have an interview with a company I really want to work for tomorrow. My last job I was laid off b/c of an acquisition&recently accepted a job at a diff company b/c I couldnt afford not to. I got this invite shortly after. The place I’m interviewing at the job wouldn’t start til next year. I dont want to seem like a job hopper. Do i tell them I’m at a new role or just not bring it up? The acquisition was public so they can see Im no longer employed with the most recent work history on my resume

like

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?)

like

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.

Wow! What a day! What type of company starts layoffs right before the holidays? Lost my job this morning and I am stressed out. Is there any chance of finding a new job before the holidays? I'm doubting it.

likehelpful
like

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

helpful
like

I am seeking new employment, I was recently laid off due to lack of work. I would very much appreciate any leads. I have a Bs in Construction Management and over 15 years experience with Revit and AutoCAD and 7 years of plumbing design. I have solid references and impeccable work ethic. I truly enjoy what I do. Working remotely the last three years has become a way of my life and supports our current situation well, therefore I am seeking a similar role but will consider other opportunities.

like

Is it normal to negotiate for a bigger severance package if it happens within the first year? Because Meta may have something for me but TBH I'm nervous about their hiring freeze news.

like

I heard UKG has fired many employees this year?
Is it good for job security?

Hi all, I have offer from TCS, Tata Technologies, and capgemini, Tata Technologies and Capgemini offering same ctc, for tcs it is very less, considering layoff situations which should be the wise decision in terms of job security and wlb

like

Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

like

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

likeuplifting

Should I negotiate a severance package even though it’s not in my contract and it’s not required by UK law?

like

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?

like

Did Epsilon just go through a round of layoffs ?

Coworker got fired because they stole my clients! We have a policy stating that the realtor who initiated the contact should be the one closing the deal to give them a fair chance. I feel bad but they should have read the policy...

like

Hi Fishes,

I have been laid off due to no project in EPAM anywhere. Please help me in getting immediate job with Manual testing, API testing skills. Total experience is 7.11years ans relevant experience is 3.2years. Last da will be 20th September 22. Preferred Work from Home location.

like

More Posts

Senior Manager looking to make a switch within Saudi Arabia but willing to consider GCC too. I’ve 11 years experience in retail banking in U.K. and Europe and spent the last 3 years in Saudi Arabia. If any Fish can provide recommendation do let me know. I’ve tried connecting with regional recruiters but they’re just paper pushers.

like

At my uncles wedding in Madrid I remember lying down on the grass in the courtyard after their first dance and crying, my Dad came and saw me, laid down in his suit beside me and asked what was wrong.

“I know my boyfriend wouldn’t dance with me like that at our wedding”

And we just lay there as I cried, and then got up. Had a drink.

Said boyfriend left years ago, and now I have a wonderful man who just asked me what type of dance lessons I want for our wedding next year.

Don’t give up.

likeupliftingfunny

Do you know any people that have started as fresher and retired in TCS. Just wanted to know the salary that they retired in.

likefunny

How abut the job security and appraisal in BNY chennai . When is the appraisal cycle ??? And what is the maximum % they provide .

like

How many matters is typical for one associate to handle (BL lit)? I know it is group-specific, but just trying to get a general idea. I’m a 2nd year and I am the only associate staffed on about 30 cases-meaning I keep track of all deadlines, do all day to day assignments, keep on top of following up with client/OC, and all research/drafting. Partners handle deps/court but that is about it. Is this a normal case load to be responsible for as a jr? I being dramatic by thinking this is too much?

like

For people who live alone, how are you staying motivated? I’ve been feeling more depressed lately and really need some advice to get through this whole wfh thing

like

Indochino for suits? What are the best options for slim fitting suits under ~$800 each

like

Enrolled in Stern for a few weeks.
The number of the alumni and current students that go to top consulting firms FT& summer intern are countless even for a small class size.
Stern is way more than a finance school. Given its location, do you want to spend your 2 years in a rural area or heart of Manhattan? Location is almost everything for business school. (I have a friend in Cornell that frequently travels about 5 hours to NYC for events.)

like

Can’t wait for Saturday to come so that my date and I can Netflix and chill, then having him sleeping over and I waking up next to him. Miss his warmth and miss giving and receiving cuddles. I like the feeling of having certain people making you behave in a more tender way. I’ve been literally longing for that moment for the week as I’m on a boring PMO case. Romance is not lost between gay guys! :)

like

Does anyone have experience moving to PE? Would love to pick your brain for some advice! For context, I have 2 YoE in LS consulting post PhD

like

TCS has given the BGV check to some vendor and today I got the message from that vendor to verify my Permanent address by clicking a link and then by enabling my location and taking selfie in front of house. I am not staying at my permanent address but I am at my present address. How can I take selfie and enable my mobile location and submit the form. Please someone suggest. @Tcs

Is it just me or does anyone else think it looks unprofessional and sloppy when pleadings/motions/briefs are left-aligned, not justified? Also, who still uses two spaces after sentences? That's a peeve I would never want as a pet.

like

Joined cts on 20 sep 22 as fresher,added all deliverables in goperform,role is set and skills are approved, when will i get my rating,what would be the appraisal Percent for me in april 2023?

like

Can you negotiate a Green card application as a benefit on a job offer? I have 2 years on OPT remaining and I am from a country that has a wait time of 10 months on average for GC processing?

like

I just started a new job as a Director. I’m the only black person in management on my accnt. It’s really hurtful but the other managers try to tell me what my job is and what I should be doing (Cont.)

like

Anyone from Capability Network - T&O?

like
like

Considering a role in Citi advertised as being in Charlotte NC. Is Citi largely remote or will the expectation be to move?

like

Thank you all!

Post Photo
likeupliftingfunnyhelpful

How do I get better with frustration with family (even though warranted)? Therapy?

like

Additional Posts in Accounting

Looking for a secondment within the big 4 to California, does anyone know of any opportunities?

like

Having run a retail business outside of this, it's funny to me how much the firm talks about 'understanding our cross line of service offerings' while never actually talking about or teaching sales.

like

How do i see my utilization?

like

What kind of job do audit seniors typically leave for?

KPMG training center renderings pretty nice!

like

Does Deloitte require a specific clawback period for sign on bonuses? I’m hopefully expecting an offer tomorrow and wondering if I can negotiate down the clawback period.

like

Anyone done the Netsuite Solutions Consultant Academy. Got contacted by an Oracle recruiter today about it. Seems really good but would like to hear from others first.

like

Ever since Risk Assurance busy season ended, I feel like I’ve been kind of coasting. I’m still getting all my work done but my utilization is slipping. With CRTs coming up, how worried should I be?

like

Any Deloitte Advisory folks hear about YE yet? How did it go?

like

Went into PA for job stability & good money. Now I realize my job'll eventually be automated & I could have made so much more starting as an engineer without working these long hours. Life's a bitch.

like

Are there any gym membership or fitness discounts for Deloitte employees?

like

Florida CPA here with a question regarding CPA license renewal. I passed my tests sometime in February 2019 but didn’t get the official license until January 2020. What dates should I use for counting my CPEs towards the renewal?

like

Switched practice, found that I HATE the group dynamics. The work is dumb and not profitable. How soon is reasonable to ask to switch out, have to leave firm now?

like

Dress for the day is embarrassing. Here in Chicago it’s more like dress like an idiot. Tuck don’t tuck, belt no belt, what the hell is an acceptable shoe, no one owns an iron. Looks like DMV usually

likefunny

Does your coach see when you get a real time recognition award?

like

I feel like I've been listening to Lookin Exotic all day today....such a good jam

like

Any Stanford MBA alumni here? Please share your thoughts on the program. Is it possible to work and to do MBA at the same time? Also, did the program really boost your leadership skills? Thank you.

like

Are you very serious and wish you were less serious or vice versa?

likehelpful

I’ve been in public accounting for about 6 years and I feel like I need a certification. The CPA is not happening. What would be the most valuable CIA , CFE , CMA of CISA?

like

Anyone work in Global Mobility at Grant Thornton? How does it compare to big four?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal