Is PwC doing layoffs? Funny because they also aren’t saying anything about mid-year promotions. Assuming inflation is the reason

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No layoffs. Dud new hires are being released with little leeway though.

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I’ve seen a lot of posts abt people getting let go but when you ask for details they don’t give any. Feels like some kind of weird rumor / fear mongering

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“Layoffs everywhere!”
*unemployment lowers from 3.7 to 3.5% over the last month*

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Partners have addressed this in the PwC bowl and saying nothing has changed and they’re still putting people up for mid year promo that they know are ready, and that there aren’t layoffs.

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No layoffs, just changed the criteria for “low performer“ and didn’t tell the RLs until day of

Yes I experienced a layoff after 9 months with the firm. No PIP or anything.

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Healthcare transformation…. Pipeline super dry…. Just signed a new offer last week but did get unemployment… had a nice lil vacay

See a few posts below for details.

No

Related Posts

I think I’m going to be fired tomorrow morning and I am not even sad about it.

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Are PMs getting laid off now?

With a recession around the corner - two questions:
1) will there be layoffs at Deloitte? My concern is we hired so much ppl this year.
2) will there be more work in org design? Just saw the Robinhood 9% workforce layoff announcement.

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Should I be alarmed that I haven’t had a conversation with my director in a week +? (Any tips for coming to terms with being laid off for the first time?)

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It’s Wednesday! How we feeling? Any tea? Heard stealth layoff are happening but not 100% sure if it actually happening.

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It’s hard to be motivated when rounds of layoffs happen and you see all your friends leave. But one thing that’s gotten me through all of this is working out. And when I say workout I mean the most pathetic, sad, barely completed beginner-level cardio dance routines. I’ve somehow forced myself to move while on lockdown and it’s somehow forced me to feel better. Whatever you’re doing, wherever you are: get up and move even if you don’t finish or end up going on a walk. Pls take care of yourself❤️

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Hello,

Currently, in accenture. I have had very bad billable hours and not much achievement this fiscal year. I am worried of getting fired, so i applied for another job. Got offered may be 5% above my current pay with 5k bonus, but in lower level at Deloitte. I think working lower level will give me more opportunities to learn as i think i have lot to learn. I made decision based on my gut and accepted the offer. I have not talked to anyone on accenture side yet. What you think?

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My work product is becoming worse and partners are noticing/commenting. I just hate the practice area so much that every time I am asked to do something I just get it done as quickly as possible and can’t be bothered to put in effort. I think I need to quit so I’m not fired for bad performance with a horrible reputation. Am I nuts and should I just wait til they let me go?

likehelpful

Although Amazon has instituted a hiring freeze and layoffs are probably on their way, I went through the loop for a security engineer position at AWS. Before I attended the final interviews, Amazon placed the hiring freeze and called me to ask if I wanted to go ahead or cancel my application. I decided do go ahead Right now I'm waiting for their response and the position I applied to changed from "under consideration" to "no longer under consideration". Thoughts?

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Anyone else tired of having to work so hard to get where you are, only to realize you will be the first one laid off because you aren’t in the “sorority.” Watching it happen is filling me with anxiety

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Heard BCG laid off quite a few people this summer. Is this true?

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After 10 years of working as a FTE PM/producer I’ve now been laid off (thanks Covid) and am looking to start freelancing for the first time. What advice do you have for a new freelance PM/producer?
Also, what kind of insurance do you take out as a freelancer?

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I recently laid off from First Source because There is no work in Mortgage process. I'm getting offer from a company but less 30% less package as compared to First Source. Im the only earning person for my family and don't have any financial backup. Should I Join for temporary ?

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I heard UKG has fired many employees this year?
Is it good for job security?

After 6 years of temporary contracts and unstable situations, I find my dream job in my dream company. All of a sudden the world goes upside down and I get laid off. I start sending hundreds of applications, with only 2 recruiters getting back to me to say I don’t have experience for the job (this is how it works in Italy). Add a terrible health situation in my family and it seems there’s no light at the end of the tunnel. Ugh. 😞

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I hear Grant Thornton has been doing more layoffs? We need staff (associates, seniors, managers) in forensics / disputes and investigations in SF if anyone is looking to make a move! Message me

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Hi Fishes, I've 5.7 YOE in digital marketing and i have an offer from PS for Senior Media Analyst Role in Digital Marketing Domain. After seeing all the layoff post i'm getting scared. It would be helpful if you could please let me know if anyone if fired from Digital Marketing Domain.

DOJ is Oct 31st, i dont have more time. Please comment if you know anyone from Digital Marketing.

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Is retail quant trading on a massive rise?

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how to decide between firms? they seem so similar. deciding between bcg & mckinsey in chicago. are exit opps & brand value actually different between them?

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Hello All,

Would IBM software labs provide 15 lpa (fixed) after negotiation for 2.8 years experience. (current offer: 12.5 out of which 10 fixed)
I am immediate joiner into frontend React.

Any Insights would be helpful.
Thanks

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Is there a group for people who aren’t alcoholics, but have issues drinking? Is it rude to go to AA if you aren’t totally dependent, but it is affecting you adversely?

Has anyone switched from fed/corporate tax to M&A tax? What was your experience?

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Hi Everyone, doing research on evening MBA programs in the DC area. Appreciate any insight on any of the programs, especially if they have a data analytics specialization.

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Exempt Salaried employees, do you get paid overtime? How many hours do you typically work?

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Heading into 2023, here are some phrases I'm eliminating:

1. "No worries."
2. "No problem."
3. "Sorry to bother you."
4. "Does this make sense?"
5. "Sorry, I'll fix that right now."

Here's what I'm replacing them with: ⤵
1. My pleasure.
2. Of course, happy to help.
3. When you have a minute, can I get your opinion on ____?
4. Does this help you clarify things?
5. Thank you for catching that! 

Words are powerful.

Use it wisely.

Never sell yourself short when you know you have good intentions

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BCG fishes: If you make a temporary transfer to another office for 12-24 months, will your salary (& taxes) come from the home office or the office that you transferred to?

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My friend is recruiting for MBB this summer - he is a vet back at school and grew up around the world. Very interesting background, pretty bright, but he's gotten feedback in case interview practice to work on his moderately heavy accent. Anyone have any advice for him/would be willing to connect with him? US Offices.

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I have my first industry phone interview for a Corp strategy position. Still very early, but what answers should I have on-hand for the recruiter? (E.g. my salary range, role expectations, etc.)

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I exited to FAANG from big4 and part of me is seriously thinking about getting an mba to go to mbb. Does that make any sense?

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FIS Global Can anyone help me with the process of resignation
. 1. If its only mail than whom i need to send the mail.
2. Anything i need to do in workday

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Did Blackstone halt recruitment and hiring? I know most firms have for now.

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I am a recent grad(Finance), and my MBA school is not a named institute like Stanford. I would want to work for a consulting co. who is heavily involved in Finance. Can you help me create a roadmap from where should I start? What are top finance business consulting companies and how to get there? My undergrad was in science.

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Hey Londoners! I’m about to move to London and hunting for a place to live (on a mid-level salary).
Could you please share how much rent do you currently pay and where do you live (area/no. of rooms)?

I was hoping to live alone but everything seems over the top expensive

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When are rating going to be out for KGS. Any update anyone

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Hi! I got an offer with Standard Chartered India. What does Grade 7 Band 7 mean? and I got a role as Specialist, Product engineer. Is this equivalent to senior software engineer ? Or relevant to manager? What is senior engineer is know in SCB?

Thanks in advance!

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Hi All, looking for referral for Plsql with 6 years experience. Please let me know if anyone can help

Would love to get your input on this but how do you guys feel about consulting, especially with a STEM background? I have worked on studies where we make recommendations that anybody with a basic scientific/engineering knowledge will say “yea, no f-ing sh*t. We want to do that too. But it’s impossible to achieve from technical perspective with the money we have. You don’t think we already thought of that?”

likesmart

Additional Posts in Consulting

Business Analyst Intern at tiny tech, Is it common to make 3M+ with 1.7544 YOE??

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New joiner. What should I get with my $250 wfh stipend? I already have standing desk, dual monitor, portable monitor, and good headset, not too sure what else I need, but it’s free money. Thanks.

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Are there any books or classes about convincing people that have irrational arguments? Trying to figure out how to frame conversations that lead to my conclusions that aren't based in logic and fact.

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Accenture CEO said on earnings call that accelerated performance cycle will help manage low performers at greater pace if need to pull levers.
More layoffs are incoming soon.

About last layoffs, we didn't do any layoffs it's cost adjustments mostly in operation centers and restructure due new growth model. 🤷‍♂️

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🐠 Vegas meet up on Jan 6th? Comment if you're down!

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Any Accenturites gone through internal careers marketplace and landed a position in totally different area than where they started from? Does the process entail numerous interviews like a new hire?

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Get me the fuck home Delta. Next week Remote then firm shutdown, peace ✌️

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Best consulting companies in the social sector?

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KPMG finally gave me a promotion

Post Photo
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When is the prime-time in life to get an MBA? Is it only worth it in this industry to get one from a top-tier university? (Senior Analyst at Accenture)

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Advice or Book recommendations on how not to get bothered by others/ friends/ peers? What they think or what they do!
Been struggling lately

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A friend of mine from a top tier consulting firm was counseled out. Do you consider it ethical that his career counselor is intentially spreading the information to his colleagues and to other consultants from other companies in the project? What can he do about it? Specially that he considers the potential layoff is purely based on the current situation (chargeability was low) and not on his performance (they said that his contribution to BD during his bench time was low)?

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What is the base pay range for an associate principal at Hackett does anyone have an idea?

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Is Deloitte WLB for a S. Consultant really that bad? Got a great offer from them, but everyone I’ve talked to has nothing good to say about the firm or their work culture

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Does B4 let people go the same day as their resignation only if they’re going to a direct competitor? How about MBB or a tier 2 consulting firm?

Have people been let go immediately in case they go to FAANG or other industry firms?

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Who’s running diligence for this TikTok deal?

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My brain and body have decided that my long weekend actually started today instead of Friday 😊

likesmartfunny

Shall I disclose reason for leaving a firm during my initial call with a recruiter from said firm, if I was laid off? Are they privy to that information. Ironically being recruited by that same firm

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Does anyone else NOT have built-in bookshelves (with strategically placed tchotchkes) or is it just me?

likefunny

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