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This seems odd given what they said on the last webcast

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They have a reputation for growing too fast and hiring too many people. Still feel bad for them

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I've very surprised to see this after the webcast, since I think we all breathed a sigh of relief after the assurance of no layoffs from COVID-19

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That didn’t take long....

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likefunny
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From the post it looks like it pertains to audit....not advisory

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EY always goes thru boom and bust cycles, they won’t call it layoffs but expect people to just slowly drop off your email lists.

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likesmart
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P1, you replies are not MECE, plzfix.

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likefunny
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Seems like fake news. Poster describes busy season layoffs, but then says people were let go in the beginning of March for Risk. Then some how relates it to COVID-19.

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Agreed. Based on the comments, it appears these cuts were going to happen regardless of COVID19. I don't think this is because of the virus. Also, it doesn't seem like these are mass layoffs. Just small cuts in a few offices.

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West region here still short staffed on multiple engagements. Surprised to hear this.

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Anyone here know any details?

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good thing they already took our PBB

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Curious to see if it will happen in Audit

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If you look at 2019 - EY was already dead last in revenue per employee at $128K vs leader PwC at $153K. D was $148K and K $135K. On those nature films it’s always the weakest antelope who gets taken down first.

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