How has PwC not had layoffs make the news?

I’ve heard so many friends getting silently laid off this past month, but not sure what’s true.

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Because they aren't layoffs. It's performance related as a result of our annual reviews. It happens every year and isn't that different from historical (outside of the last 2 years).

funny

If you've been here that long you've seen the ups and downs. This is nowhere outside the historical ranges for T5's.

"Performance related" is what folks who didn't get the boot will say to make themselves feel better. I know team members who very capable and excellent performers (almost all of them were on the bench) all taken out.

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🙋🏻‍♂️ Happened to me! Had a lull in staffing. T2 past two years and all of the sudden T5’ed and terminated immediately.

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Its call pip out people. My team mates has been magically disappearing

Makes sense. I guess the PIP people out strategy hasn’t reached the legal level of layoffs yet. But same thing will happen soon to PwC.

Sorry about your teammates.

I mean that’s why it’s been happening since Jan… more people disappearing

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