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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
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Do anyone have answer to OFRO TRAININGS
Hello RSM coworkers! I am thrilled to be moving to RSM into a Scheduler roll. I just found out yesterday and want to be as prepared as possible in the next steps.
So here are my questions.
How long does the background study take? I'm guessing admin staff have a study that is faster and less complicated than someone in Tax ect.
When training at home what did you need that wasn't supplied by RSM? My home office is well stocked but I want to be as prepared as possible.
Thanks in advance!
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All it takes it to ‘hold off’. Most likely things will stabilize by June-July. I have an odd feeling the b4 has enough to last a few months longer before they start taking large layoffs into account.
Granted, I know nothing of this and it’s an uneducated opinion. Thanks for listening to my ted talk.
Sir this is Wendy's
Big4 took a big hit in their reputation after very liberal layoffs in the last crisis. Ramping up to staff in (perhaps at some point) booming business is very difficult, especially with experienced staff. Basically all of us are exchangeable - but only in smaller numbers at a time.
They will likely hold on as long as they can.
On a side note: They will have to in some geographies, where it is substantially harder to lay off staff - e.g. France or Germany. In those countries it is basically impossible to lay of selectively based on temporary business decisions/margin optimization. (Lay offs have to be absolutely justified by business needs (talking bankruptcy- not hit to margins), have to follow social criteria and are very expensive.)
I'm not saying that you're wrong, but I sincerely hope that you realize that enormous chunks of audit and tax are recurring revenue...
SA2, very few people have visibility to pipeline for all lines of business. Cuts are being reported because of pipeline hits and this is not a saas businesses. Other comments here note that audit annuity does not keep the lights on for the whole business. Good on ya if you have better data and are comfortable with the outlook.
We were told layoffs are further down the list of available options. Interestingly, we were told the US firm got insurance of some sort that is helping us sail these rough waters.
I don’t know wat the insurance is, but sounded like some sort of pandemic insurance that Wimbledon got.
Hopefully we all come out of this alive.
Tax and Audit work pays for Tax and Audit people. Advisory has to pay for itself. The margins in our business are pretty thin once you take into account the cost of real estate and partner pensions and everything else the firm has to pay for. It’s not unrealistic for one or more of the b4 to close down large chunks of its Advisory practice in the wake of this mess.
Thanks for the honesty. This is what has me concerned.
Anecdotal but my group’s utilization has stabilized and things already started to pick back up last week. Don’t think any drastic measures in addition to what has already been done (at least at K) makes sense at this point