Layoffs coming to Deals practice?

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FDD and CMAAS just got a raise so not sure what part of the Deals practice you are referring to

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Maybe they gave the raise knowing half of us would be gone in a month?

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That’s what I’ve heard. Mostly outside the Bay Area though.

Damn

Exactly

K not half but you know what I mean

I don’t think so...maybe they get rid of low performers but I don’t see any reason to do layoffs otherwise. All the financial reports show the practice doing really well and utilization seems fine as well. But maybe I’m missing something

Ive heard they stopped for some deals practices

My bad, stopped hiring

Is it a PwC thing or industry thing?

I know some are getting ready for a cool off. But the hiring frenzy the firms were going through was never sustainable

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