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

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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.

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Legit. They may not have started yet but plans are being formed. If you were off track at mid year, then you're on the list. That said, you are likely safe if your PE rating is 2. My guess is that as soon as PE ratings are final (aka march 18th for tech), we'll start seeing a few people let go

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

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Guys Uncle D taught you better than being followers 🤓

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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?

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Still here! 🙌🏻

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

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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.

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33.media.tumblr.com/tumblr_m0u4lou23G1qdqlhzo1_500.gif

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Damn! All the best to folks looking for new jobs

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Following

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

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

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

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Following

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Following

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One of us, one of us

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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.

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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.

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

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I’m a first year and I have so much anxiety re: layoffs or pay reductions. I don’t know if I can take another two months of sitting at home with all of this uncertainty.

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Any idea on how Deloitte Cyber Risk is performing this year? Especially after the news of the hack? Seems like there could be layoffs if We don’t meet our any way ridiculously ambitious targets...

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With all the layoffs and pending layoffs, anyone here still believe that your health insurance coverage should be attached to your job?

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Does anyone have any books/media to recommend on being an Asian in the USA / UK (and particularly being East or Southeast Asian)? Have just finished Big Little Man (Alex Tizon) and Severance (Ling Ma) both of which were excellent and captured a lot of complex feelings I hadn’t been able to put into words before...

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Hi everyone, I was recently laid off. I’ve always wanted to work in Consulting and was wondering if anyone had advice in how to transition from Enterprise Software to Consulting(BIG4) or other firms?

Folks who've been laid off before: how do you keep the anxiety from creeping in anytime you make even a small mistake at the new job? 🙁

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What agencies are doing the best business wise right now? Hard to know who’s doing well versus who’s on the brink of the next merge. Do we know who had the least layoffs with covid?

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I was recently laid off. Previously did brand strategy for CPG. Not much luck in finding another gig outside of pharma. Am I fucking up my career forever if I take a pharma job?

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Anyone heard about PwC layoffs? Specifically for IFS?

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Curious if the S&A layoffs at Deloitte are reflective of an industry shift? How are MBB doing in terms of revenue, prestige and exit opps?

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Hearing yet again another round of layoffs - round 3 and counting

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So we just laid off 30 people and no longer have a CFO...but as of this week there are like 10 newly-promoted VPs? Cool, makes sense. It's all downHill from here.

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Has anyone hit this level of petty after getting laid off and rebounding on a rocket yet.

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You guys think the job market will pick up in January or that the next wave of covid will cause more layoffs?

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Why has work been slow the past 4-6 months and keep hearing about layoffs at PwC and Deloitte? The market hasn't even been terribly volatile during this time/ what else affects this?

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Have you ever been fired?

For those in senior positions- how are you not constantly worried about the success of your work? There’s so many things that can affect P&L that are out of your control, how do you stay calm and not feel like you’re going to get fired as soon as growth slows?

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I am in house at a software company in Boston. 2018 grad. When I initially started it was meant to be purely a legal role. After a few months of being there I became the DPO of the company after the company made layoffs bc of pandemic. Taking on this role easily adds 10 hrs more per week to my plate. Is it unreasonable to expect/ask for a significant raise for taking on the role? By significant, I mean at least $20k. Currently making $100k.

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I just recently left big 4 in July to pursue a role at a fintech company. It seemed great during the interview but once I got here it was very unorganized, not clear which team I would support, etc. Long story short, I was told we would have a hybrid work schedule and we are now required to go in-office full time 5 days a week and there have been a ton of layoffs recently. Should I stick it out or look for something else even though I’ve only been here 2 months?

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Has anyone been PIPed and fired by a manager that did not want to onboard them onto their team within the first 3 months? As a recent grad, how did you prevent it from derailing your career?

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Big 4 “strategy” consulting be like

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Trying to buy an apartment (condo) in Brooklyn and we’re striking out every time. Get that it’s competitive out here, but we’re now wondering whether this is partially because we’ve been using agents we connected via streeteasy to submit bids and they’re not as invested to advise on how we should structure our bids. Would appreciate any feedback on this!

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Has anyone been part of Toastmasters? How was the experience? Have you found other effective ways to improve your speaking skills? In the Boston area btw!

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Should I move from a High deductible plan to a PPO plan if I plan to have a baby next year?

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What companies have succeeded in reverse engineering a product based on another one?

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150K TC in Chicago (40-45 hours)
Or
180 TC in Los Angeles (50-55 hours)

Currently based in Chicago and have a family with 2 kids, both under 2.

Follow-up question:

What salary would justify a move to LA?  The 150K is my current salary in Chicago

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I remember the day when different became dangerous

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Any Cornell MBA alums? Got in recently and planning on going, most likely.

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