Layoffs for Deloitte- who is doing them? How are they being delivered? Who schedules?

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Layoffs are ongoing right now, heard both in HC and S&O. Right now they are targeting people on the bench for a while and people up for promotion that have always gotten 3's. After year end there will most likely be another round depending on final #s at year end. Best advice I can give is stay staffed and stay needed. This is a consulting wide thing though not just Deloitte. Many other firms had layoff rounds already.

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Deloitte had a big year last year and got overaggresivecwith their targets. Although the year is good it hasn't met targets. And when your assets are people and only people, cost cutting starts with people. But this business goes in cycles, trimming the fat is a normal part of consulting cycles and D4 is correct in the up or out model.

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As someone who was laid off at PwC... If you think you're getting the axe, make sure you immediately cash out any of your fitness subsidies, rewards, whatever your firm gives you, etc. Same with syncing your expenses, both AmEx and reimbursable. I lost all my rewards and couldn't sync anything because my access was cut like 20 minutes after the meeting. And to this day PwC still hasn't paid me back for my reimbursable expenses which I mailed in like two months ago. Better safe than sorry!!

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Nope... I took a couple months just to get my mental/physical health back to a reasonable standard bc it absolutely plummeted while at PwC. I hated every second of my job in FS and wasn't in a very good place emotionally (and subsequently, physically). Truthfully the layoffs were the best thing to have happened to me since I wanted to quit but this way I got severance and didn't have to pay my signing bonus back :) Everything happens for a reason - remember that if you get let go! As for finding a job, I'm just now starting to look - I haven't been able to find another job in consulting in my areas of interest or one that will take me with less than a year of experience. Am most likely going into industry

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So many farewell emails. Multiple offices. Some high performers

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I can't make heads or tails out of the good (mostly 2 PEs) being let go if they have good utilization but I know of more than one example of this happening personally at the SC level. This is not just "out counseling" for poor performance. I would think utilization should be a factor but it doesn't seem to be based on those I know that we're let go.

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Layoffs for real ?! Dann

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Damn*

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I've heard you get 4 weeks of pay/time to find something else

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Following

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Following

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More like ... Shit in pant together

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Following

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Anyone know anyone who's actually been laid off?

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Not yet. But know people with suspicious meetings in calendars.

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@D31 what level and what offices

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Following

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Following for the ride

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Following

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Following

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@D33 potentially below M and in first year

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Based on utilization from what I see. Top performers for the FY that got hit by slow periods of being held in anticipation of projects selling

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Should people be fired for lack of people skills?

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First year here. Do associates get fired for not meeting the billable requirements?

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Hot take: if it’s actually a stealth layoff then everyone else got the same speech as you and outing the firm won’t identify you.

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I have been interviewing for a new job but I keep hearing about layoffs and a recession coming. Is now a bad time to switch jobs?

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Anyone hear talks of layoffs in Advisory? I know my office is laying off Assurance and BTS (Tax) staff but haven't heard much of Advisory yet.

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We use Deloitte India for a number of parts of our delivery. Recently I have seen some unethical practices that violate labor laws and do not align with Deloitte principles. My manager says it isn’t my problem as they are a vendor but I can’t help thinking I have an ethical responsibility to do something. Any advice as to how to approach this without being fired?

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After 10 years of working as a FTE PM/producer I’ve now been laid off (thanks Covid) and am looking to start freelancing for the first time. What advice do you have for a new freelance PM/producer?
Also, what kind of insurance do you take out as a freelancer?

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I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

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layoff news about Amazon is true or just a rumour ?Amazon

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Hi Fishes,

Need advice,

I recently got laid off by PS and my notice period just got over,

I have offers from:

PineLabs,

HealthKart,

Recro,

Rojo Consultancy

All are offering almost same ctc around 19-22 LPA,

I have 3 years of experience as a backend developer,

working on Spring Boot, REST API, Java 8.

Any help is really appreciated,

Thanks in Advance 😅



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Hi! This is post is for a friend who was recently laid off due to budget constraints at their company. They’re actively looking for new roles in Business Analytics, Finance or a combination of both. Any referral would be extremely appreciated.

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Are PMs getting laid off now?

At this point in the game it doesn't make a difference where you at everybody is getting laid off at one point or another the only thing I say is try to repair yourself for it if it happens to you

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Hi!!
I am looking for a referral for Marketing/Product management role, lost previous job in a layoff.
YOE: 2.5

URGENT: Can anyone refer me for an entry-level software engineer/ Trainee Software engineer role (Java preferred)? I need a job on an urgent basis as my current organization has asked me to put down my papers due to changed business requirements (read layoffs) and has given me 30 days to find a new job. And I would really appreciate you guys if you can provide me with any help in this situation.

#layoffs

Thanks in advance

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Is current layoffs only happening in Amazon US offices or Amazon India offices as well ?

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What is the severance pay in pwc India?
Does everyone who gets fired be eligible for it?

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Accenture Accenture India
How to tell the manager about resignation ?
Joined on current company: November 2021
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Total years of experience: 5.5 years

Note:
I got another offer by got call from applied long time before job.

Just i tried and cracked.

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Hello everyone,
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Hi fishes,

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We use Deloitte India for a number of parts of our delivery. Recently I have seen some unethical practices that violate labor laws and do not align with Deloitte principles. My manager says it isn’t my problem as they are a vendor but I can’t help thinking I have an ethical responsibility to do something. Any advice as to how to approach this without being fired?

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