{ "media_type": "text", "post_content": "It seems in M&A tax space that EY and Deloitte are quick to hire when economy is good and just as quick to perform mass layoffs when it hits a snag. It also seems that PwC and KPMG generally keep their people during these times. Thoughts?", "post_id": "5ede42932c66e70021b0755c", "reply_count": 10, "vote_count": 2, "bowl_id": "5bc69fa51498b20012903b07", "bowl_name": "Transaction Services, M&A, Deal Advisory", "feed_type": "bowl" }

It seems in M&A tax space that EY and Deloitte are quick to hire when economy is good and just as quick to perform mass layoffs when it hits a snag. It also seems that PwC and KPMG generally keep their people during these times. Thoughts?

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That has definitely historically been true. PwC and KPMG care more about training their employees up and having them stay long term in general.

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Yep Deloitte generally overhires

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Yeah EY and Deloitte recruiters are the ones who used to hit me up on linkedin constantly

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Did ey layoff anyone? It is only Deloitte?

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Also for what it’s worth PwC and KPMG m&a tax recruit jd/llm’s more frequently, whereas I don’t know anyone from my ll.m class that went to Deloitte. JD/ll.m’s are much more difficult to replace.

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D1 - damn. Which market? Maybe they’ll be able to pick up something at a law firm

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