Is PwC doing another round of layoffs before bonuses are paid out, or is that just a rumor?

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^completely understand what you are saying and agree. However, they will make it like you are not doing enough to stay valuable to the firm. I personally have branched out from CIPS and looked for work outside of the group. Have been fully utilized all year to date. Network as much as possible within the firm. It's a pain in the arse and I really hate that it's up to lower level to find work but it's part of the job.

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Check your HR policy. Should be if you're employed after September 15 then you get your bonus.

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Man U spread rumours

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I heard that there were 3 rounds: one in Jan/ Feb, one at year end - June/July, and one prior to bonus payouts.

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If I may ask, what's your source of info?

Ah ha. Thanks for the tip. I always get nervous. I was rated a 2, but still, you never know.

Honestly my source was fishbowl back in June when all of the layoffs were happening.

D1 not trying to spread rumors at all, just curious if anyone heard this info from a legitimate source.

I know someone that got laid off a few weeks ago. FS advisory in DC.

FS advisory seniors from NYC were laid off a few weeks ago too.

Yup FS and TICE technology

Know of someone in HIA pretty recently

I've heard the same thing and a little birdy told me to avoid the bench in CIPS right now, everyone is being scrutinized.

Layoffs in October, bad for those with low utilization and potentially higher ups in advisory (directors etc) - a couple of my manager friends heard this directly from their partners

Don't stress guys. From what I've heard,the cuts that were necessary have now been made. Don't think there's more. Stay positive and focused.

@PwC7 how you van avoid bench if there is no projects, no pd work? Directors and partners should held accountable for not selling enough work. I always wonder why staff have to take a heat on something they can't control.

Plenty of work in DDV

P8 for the layoffs in Oct - what group?

@P8 what group, market, vertical?

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