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The Tax CEO also emphasized since 2017, there have been less than 1% involuntary terminations.
PwC is firing people for performance at a way higher rate as Deloitte hasn’t done that at all since 2016 and back then, it was layoffs.
Call it what you want by either calling it layoffs or firings but Deloitte and PwC are both shedding people.
With you Pwc1. Saw the writing on the wall in school. Rather be at a firm that doesn’t lay off due to hard times. Perform and do your job, keep your job at PwC. Deloitte- out you go!
I assume its good. People have long memories and if he is wrong, then people will remember
Chief
If they said anything about PwC laying people off, it’s 100% unreliable.
I edited it because although he was less vague I’d have to go back to listen to exact phrasing but gist was him having intel on EY/KPMG doing layoffs.
Just didn’t want to call it layoffs if he used different phrase. But he was way more direct on the other two big 4.
When I was at pwc (until recently) they were laying off their ge tax folks ... interesting point, although that group was not 5% of their workforce it counts as people getting laid off prior to the other big4 (D, EY, KPMG) laying off anyone so they hold that record after all.
Sometimes folks in industry aren’t a cultural fit for public accounting and need to be encouraged to take their talents where it is appreciated.
Link to what you're talking about?
Not EY ( so far)
Your adding is probably causing you to over charge your clients. Ten millionth time? Your lack of humor is probably explaining why you’re on here so much complaining. Is that due to no raise or bonus after your performance?
P.S. I’m sure a lot of companies terminate for performance.
Apparently this is meant to be it. Let’s hope so and for everyone else especially those in the hospitality world, car rentals, oil & gas, automotive etc etc... tough times