I heard PwC is also firing people in some areas and not calling it layoffs. KPMG when are you next?

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This definitely happened during Covid but there’s been nothing like that recently.

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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

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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.

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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.

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Happening in FDD at PwC. Know of peers who were solid performers randomly put on PIPs and ultimately let go.

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It’s possible, but I feel most people have a good idea of which of their teammates are solid vs which are low performers.

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For real? I just accepted an offer from them.

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I'm starting in TAS on the 3rd. We'll see what happens

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.

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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?

^ and what level ?

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