Layoff news from Deloitte! Is there a pattern?

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Everyone impacted so far has worked at Deloitte

likefunny

Fake news

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OP looking for the pattern

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likefunny

They are saying it is a multi variable equation as a function of utilization, performance and BU need.

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Lotus Notes!? I was expecting it to be a tab on some analyst's excel workbook with complex formulas driving the decision!

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Anyone has access to deloitte bowl? Invite please

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I need invite too

😈

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What?

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Does fiscal util or effective util matter? I have one significantly higher than the other one

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Are they laying off anyone on live projects? Or only the bench?

Both.

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Isn't it their end of fiscal year? Not surprising

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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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likesmarthelpful

Why do some people get laid off and others not? Is it always utilization? Do people typically know they're at risk before it gets to that point?

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