Layoffs at Deloitte in S&O this week. Everyone survive?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

It was only like, a 3% cut, based on performance. I heard the severance is pretty solid - the firm is helping with placements too.

like

Everyone has different circumstances, it helps to consult with council that is experienced in labor litigation to guide you through the process. They can help evaluate your situation and provide guidance on what your options are.

like
Recent IconRecent

Got that severance this week 😊! In final round rounds with a much better opp. Double pay

like

Guys Uncle D taught you better than being followers 🤓

like

I feel like we should routinely lay off people with poor performance (4-5's) to make room for potentially better staff. What's the big deal?

like

Still here! 🙌🏻

like

Stop It wasn't based on performance. I was just promoted in August. It was all utilization

like

In the current (but soon to be gone) performance evaluation system - utilization and "measured performance" have a high correlation. Too high if you ask me.

like

33.media.tumblr.com/tumblr_m0u4lou23G1qdqlhzo1_500.gif

like

Damn! All the best to folks looking for new jobs

like

Following

like

How much was severance? Hopefully better than PwC and the 2-6 weeks based on years onscreen service

like

From the people I know it was all levels. Severance was different depending on situation

like

Following

like

Following

like

One of us, one of us

like

From what I hear, it's mostly just 4s unless you are a 3 recorded off track at mid year. I honestly think it's not too bad of a situation.. More like an accelerated exit for 4s.

like

I had an SM let go. Situation was odd given she was recently back from maternity. Very poor taste on Deloitte's part. They talk a big game regarding flexibility, women, family, but it's all a sham. If you can't work 100 hours per week they show you the door.

like

Ooh, yea I heard S&O had been on a hiring freeze recently and was struggling

@C1 We're going to miss plan this year because the target growth rate was super aggressive (19%), but we're still outpacing the economy in growth as well as the rest of the consulting industry.

Related Posts

Deloitte US just announced layoffs. Any other B4 started layoffs too ?

like

Hi Fishes,

I have been laid off due to no project in EPAM anywhere. Please help me in getting immediate job with Manual testing, API testing skills. Total experience is 7.11years ans relevant experience is 3.2years. Last da will be 20th September 22. Preferred Work from Home location.

like

Is this layoff?Amdocs

Post Photo
helpful

I read to the kids a book that ended with a line like, "If it was a good story, start all over."I told the kids I really only did that once in my life regarding a book about a teacher going to teach in Africa. In reality it was about a missionary. I hid the name of it and what it really was about. In other instances I've also explained the meaning of life is to love sacrificialy without telling them the source. I feel guilty hiding the Truth. How do you speak the Truth without being fired?

like

I was just laid off due to COVID. Felt invincible when the crisis began but now feel lost as if my career was ripped out with the tide. Slowly gaining motivation to get back on top

like

December layoffs anywhere?

like

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

So someone I know asked HR about a boot policy. When he found out that there wasn’t one, but his boss said there was (who gave the guys $ for boots and the claimed it on his expense reimbursements as something else) the boss got mad at him for askingHR (and in trouble for the expense reimbursements) and then 2 days later laid off my friend. There appears to be no notice of bad performance and this person always was the first person on the job site ready to work. Thoughts?

like

Hi all, I have offer from TCS, Tata Technologies, and capgemini, Tata Technologies and Capgemini offering same ctc, for tcs it is very less, considering layoff situations which should be the wise decision in terms of job security and wlb

like

Gonna join PwC M&A tax. What would be the market like if there’s another financial crisis (hopefully not). Are we the people who will be laid off first? Or we will be pulled to do tax compliance? Thanks.

like

Hi connections, I was fired by my company Home Credit yesterday, 70% of my channel has been fired. I worked here as an Engagement manager. I lead the project of inhouse products where I deals with B2C centric markets( Usability of products, cross-selling, contact policies, PNL setup, awareness etc) as well as the B2B centric marketing segment ( end-to-end project management, defining performance metric, gathering information, recommendations etc). Plz give me a reference, connect on 8544357887

like

Anyone hiring a UX Designer in Atlanta? I know someone who got laid off

like

Have an interview with a company I really want to work for tomorrow. My last job I was laid off b/c of an acquisition&recently accepted a job at a diff company b/c I couldnt afford not to. I got this invite shortly after. The place I’m interviewing at the job wouldn’t start til next year. I dont want to seem like a job hopper. Do i tell them I’m at a new role or just not bring it up? The acquisition was public so they can see Im no longer employed with the most recent work history on my resume

like

I recently got an offer from Accenture but I am not sure about the job security as I heard they have laid off many employees. Need your inpur on this please.

TIA 🙏

like

hearing there was massive layoffs at concentric today. in the dozens. can someone confirm or refute?

like

Getting 36LPA in chennai with 11y of exp is too high?? Any ideas.. just thinking about upcoming layoffs..

Anyone else using their layoff as an excuse to finally pursue a new career?

like

Is severance taxed higher? I got 1 month of pay but seemed to be taxed much higher

like

I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?

like

Tech company lay offs….are they soon to be inevitable?!

There is lots of companies really taking a hit in the tech space. Is this something that people are nervous about? Many seem to still be having a hiring push but with the button falling (IMO this is still just start we have a long way to go to bottom out) will that halt and layoffs ensue? And if so, which depts do you think will get hit the hardest?

Anyone have insight to what the plan is at UpStart for example?

like

More Posts

How do you apply design factors to IT Audits. Just overheard someone explain 'level of aggregation' for IT Security policies by describing how many people have access to it. Why is this a thing???

like

NYC bowl: Which bar/club do you go out on a Friday night?

like

MBB Human Capital or FAANG Product Manager? Both are in NYC and compensation is similar. I have 7YOE in risk management at an industry specific (tech) boutique investment bank.

like

Anyone at EY in Forensic Data Analytics? If so - do you like the work you’re doing/leadership/etc?

like

Any companies hiring for Forensic Accounting (Investigations, Litigations, AML, etc.) I have both my CPA and CFE.

like

looking to switch companies and wondering what i should be asking for. have been in the industry as a producer for almost 4 years, and in tv production as an assistant for 3 prior to that. in nyc!

like

Hi fishes,
Currently I am invested in two mutual funds:
UTI nifty index
Parag parikh flexi

Which other MFs are worth investing?

like

Alvarez & Marsal modeling test coming up. Has anyone done it or could give me some tips?

like

Hello All - looking for links, resources , samples on interview prep/practice for sales , account management, partner management, practice management at FAANG companies like amazon, google, microsoft

like

Just got another rejection... Is exiting to FAANG or MB really this hard? Trying to go tech.. or mbb, but not getting anywhere. I have 2 masters (mba, ms) from top schools, been in consulting for over 10 years, I am confident that I know my stuff well..but still I keep getting rejected. Interviewed with Google, Amazon, Cisco, McKinsey, and a few others and every-time there is something that is not a match... are the hiring managers looking for like 100% match? That will never happen!!!

like

What is ideal package for a project manager with 7+ years of experience in IT firm

like

How to get a Biotech job in abroad?? Experience is needed?? Am 2017 passed out student is there any sponsorship??

like

Hi Fishes,
Can anyone please refer me
Cognizant for analyst position. I have job id with me

like

8.5 years of experience in testing and _vois is offering 22.10 lpa ( fixed + 13% variable ) . Ihad asked for around 24 lpa
Is it a good offer ? Should i accept ?

like

We have motion sensor lights in my office and the sensor is far from my desk. Consequently, if I'm on a long WebEx, the lights go out and it's embarrassing. The building won't change the sensor. Anyone find a solution for this (aside from standing up and moving, which would be very awkward)? I can't rearrange my office.

funny

Dear IT whales!

My wife is working as a Quality Analyst (automation testing), has knowledge in Selenium. Just started her career, wants to understand which certification/course will add value to her career.
Also, whether there’s a good scope for jobs in abroad

What social distan Singh means for us punjabi’s?

like

Are there any youtubers you would recommend for watching for stock picks advice?

like

Can anyone tell if SAP SDC renegotiates offer after releasing if I have a greater offer from somewhere else.

like

Hi fishes,

Can anyone refer me for
Wells Fargo
I have job ID with me.
JobID- #R-220276

TIA

Wells Fargo

like

Additional Posts in Consulting

Hi everyone! Idk if I need advice or I’m venting but I’ve been looking for jobs actively right now and want to make a switch soon. There’s a gap in terms or compensation for the jobs I’m being approached for. These jobs offer the same compensation I’m at or slightly higher (5-7%). This is demotivating and I honestly don’t know what to do. I don’t make an awful lot (105K in NYC) and I’m looking for a 20-30% bump in terms of compensation. Am I crazy here?

like

Fish who are in Tax / IF : how is the amount in boxes 12-a and 12-b calculated on the W2?

like

As someone with less than 2 yoe in consulting, is it a no brainer to always try to go for MBB?

like

KPMG finally gave me a promotion

Post Photo
funnylike

Who’s running diligence for this TikTok deal?

like

How are you all getting away with not giving recruiters a comp range? I turn the question back to them but most recruiters I’ve spoken to were persistent. “We have to put a number in your application”. *rolls eyes

like

How long of a wait should I expect to receive a response from Deloitte following my final round interview? Unsure if I should follow up with the recruiter. (Been exactly 1 week)

like

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. 🤷‍♂️

likehelpful

Best consulting firms with best WLB? Do they exist? Young professional starting to think about where I'd like to work hard to end up in the next 5-10 years.

like

What industries are good for stability and lower stress?

No snark, please. I’ve had some health issues come up and was told to find a lower stress environment.

like

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

like

Thoughts on Locust Walk? What is its reputation?

like

My younger brother has the opportunity to do Software Engineering at FAANG and consulting at MBB as a fresh grad. I told him to do SWE, but I’m afraid I’m giving him biased advise cause I’m jaded in this industry. If you were me, what would you advise him?

likehelpful

Are there any good movies or novels that show skill development - like follow through? Self-management? Money management? I read a lot of self help books so I know a lot of the theory, and books peppered with examples help, but I feel like most 1 paragraph examples don’t five justice to how hard it may be to change a behavior.

like

Automatic red flag to have an engagement kickoff just before the holidays, receive emails at all hours of the day (to include weekends/holidays), be told there’s a lot to do but “it’ll be a great opportunity”, and then be told leadership wants people to prioritize work life balance? Figured I’d be looking for an exit soon, but this just pushed it up.

likefunny

Facebook interview tips / advice? What type of questions do they ask?

like

Best rewards and status “hacks”...GO!

likefunny

For implementation of a project , Is delivery important or leadership ? If only one had to be chosen rather which will you give more weightage

like

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

likesmartfunny

Would like to spend 3 weeks in New Zealand (when COVID permits) and trying to understand what a good budget would be for 2 people? Using points for airfare but otherwise renting rooms (air bnb/hotel) and a car. Both north and south island. Any thoughts?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal