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Dolla dolla billz yo
Rising Star
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Friday Wordle 314 2/6
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Made Cacio butter
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Additional Posts in Accounting
Public. The greatest pyramid scheme.
Cinco de mayo!!! Let's get wasted
Rising Star
Thoughts on big 4 boomerangs?
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GT1 , you are wrong on nearly every statement you made. All firms are focused on top line, the issue for GT was for the last 10 years it wasn’t high priority/performance focused org, now it is and in line with all other firms that want to grow. You don’t understand the strategy, there are external acquisitions as well that so far seem very accretive. The separations I saw were for below standards , and that was only partially a utilization issue. Advisory having more layoffs proportionally is expected across services in this type of economy. We used to be much slower at it. High performing managers+ have access to equity , we are still investing in culture, still have holiday parties etc, just being smart about costs like every other company right now in this economy. Look at the broader market. All companies are hesitant about where the economy goes under this admin. No different than anyone else. Frankly I’d rather be here than a traditional partnership, at least there is upside.
GT2 stop it please
Interesting, no wonder young people are unhappier than middle aged people.
All firms have their own struggle
Lmao don't touch these PE diseased places with a 10 foot stick
That’ll soon be us. They just not be as loud about it as the other firms
Nmc appears to be paying people to post on fishbowl now
Did they prefer nmc over a partnership?
Revenue is at all-time highs thanks to inorganic growth and margins are probably looking nice given lower headcount. Given the $1B guidance on AI investment, I’m guessing headcount will continue to be optimized. It’s never been a better time, as long as you’re a partner or have carry.
"Headcount will be optimized." I love those corporate euphemisms.
Grant Thornton is trying to play with the big boys with NMC holding its drink? I am at senior level and can tell you we are shortstaffed, losing top talent, lost the culture that made us special, utilization dictates everything, inability to take PTO, and the revenue targets are increasingly agressive. Any advice from others having gone through a similar transition period (PE acquision integration phase)?
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We are yet to see the impact of PE on accounting profession.