I think layoffs would be coming to PwC as well. They hired too many in past 2 years. Utilization is down and so is profitability.

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They give them more work, duh. Because that's how you get rewarded for doing your work right.

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Tell me why I feel the same way. In one previous post, I said that I was next, feel like it may become true 😁

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They should rather cut new intakes.. If they lay off experienced staff, they lose more.

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PwC was asking some interns that had gotten offers for certain offices to consider other lines of service and/or different offices even though the offers had already been extended/accepted

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^ agree. Big pipeline of interns with offers in hand tho. Can we stop with the experienced hires (other than those just jumping from another public firm)?

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All the interns I have talked to say that pwc takes in 99% of the interns as full time. I think they care more about their rating as "biggest graduate employer".

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PwC 3, i am talking about assurance

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I support recruiting heavily for my group and noticed a huge decrease in hiring numbers, I think they adjusted experienced hiring since the start of summer. Not sure about campus.

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^ office?

I don't think that's the case across the board. What's your market / los? For Northeast Tax utilization is higher than last year. All three of the partners I work for have added clients or expanded scope of engagements. lol it is also easier to work / coach people out than to lay them off. Much less expensive if they leave of their own volition.

How are they calculating the utilization rate. What do they do to people who are utilized 150%?

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I got laid off today 🥲 would appreciate anyone who can help refer UX or product designer roles. 🙏

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Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

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Is it just me or do 90% of the jobs being laid off by big tech sound made up? Many job descriptions with multiple bullet points that all kinda revolve around the same idea. One of my buddies works for a big IT company and literally just sits on meetings all day. No one really contributing to anything other than agreeing to whatever the speaker is saying. Are these kind of jobs finally being exposed? Six figure employees getting paid to sit and bounce ideas off each other?

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Promoted to SSE with 25% hike and VP as 9% . I had received ACE award in Q3 . I have also maintained utilization report 100% still I got less VP. Can I ask manager to revisit the component

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Please help him with referrals.

Correction: TC 51.3 has 15% variable.
Experience: 11 years (Marketing & Brand Manager)

Location: Bengaluru, Karnataka

#mba #marketing #branding #layoff

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I was laid off last to last week, can anyone of your please refer me to your company, I'm 1.5 year exp in Java Spring Boot Angular Postgres Camunda BPMN..

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WFH/Layoff/Security
Hi,
CCTC including all benefits is 16.57 with 8.3 YOE, primarily focused on Manual Testing.
Is it worth looking for another opportunity?
I am afraid after seeing layoffs news of EPAM, Publicis Sapient & most of the other companies calling employees in the office.
I love my WFH in PwC India & base location of Kolkata. & the best thing is stability in PwC India, they never lay off!!

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Got laid off. Have savings to hold me until I find a new position but mostly I'm just embarrassed. Has anyone ever gotten laid off and not told their friends/partner about it? I just don't want people in my circle to know I failed basically.

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