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Which agencies are going through layoffs
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Rising Star
This definitely happened during Covid but there’s been nothing like that recently.
Yeah, I don’t think this is happening unless there’s a group that pwc is trying to get rid of. We’re hiring and most of us have too much work
I’m guessing consulting side? No way this is happening in audit because I know they’re struggling to staff engagements. They’re pulling in people from offices in other countries to fill the void.
Yeah what thread? lol I’m saying based on first hand knowledge of my friend
I don’t think so unless it’s a very specific group. Most groups are still understaffed.
Happening in FDD at PwC. Know of peers who were solid performers randomly put on PIPs and ultimately let go.
It’s possible, but I feel most people have a good idea of which of their teammates are solid vs which are low performers.
For real? I just accepted an offer from them.
I'm starting in TAS on the 3rd. We'll see what happens
Rising Star
KPMG didn’t take this approach during COVID. Actually did the opposite — laid off PIPable people and said it was because of the economy and not performance. Also gave them a “don’t sue us!” bonus if they signed some paperwork waiving the right to sue (which was nice to do…)
Tl;dr if we’re doing layoffs, you’ll know.
Are people getting severance though?
just got laid off and started earlier this year (no PIP, no warning, "business reasons") - has anyone had success negotiating for more severance?
My group (indirect tax consulting) is actually hiring more people right now. Just brought in a new SA and manager and interviewing more people
US or non-US indirect tax?
just got laid off and started earlier this year (no PIP, no warning, "business reasons") - has anyone had success negotiating for more severance?
Rising Star
^ and what level ?