Layoffs in KPMG advisory. Discuss.

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So for a fact there is layoffs in RC/MC. Non director level, it is a small scale RIF in target areas and industry groups. Non PIP based but a rebalance before the new year. However I know a number of partners and directors that haven't delivered being let go as well which is great news!!! Right type of layoffs

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Can confirm at least one Manager layoff. I am CIOA and they were looking to bring another person on board to replace the laid off guy. I was copied on the thread during some resourcing discussions. Was shocked myself.

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There are none. End of discussion?

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Layoffs are not the same as being counseled out / being fired. There are no layoffs at KPMG right now. If someone said they were laid off they were just to embarrassed to tell you they were fired.

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What practice? MC has 50 under it

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Due to resource actions means he done fucked up.

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Layoffs??

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I'm still not hearing practices. MC has 50 practices under it but I've see no one fired in all of Chicago or NYC or Texas or cali.

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I have not heard of or seen any layoffs

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Layoffs? Don't talk about layoffs! Layoffs? You kiddin' me?
https://youtu.be/U7fjDS0jKiE

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Stop spreading rumors

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And after bonus' are done being paid? Also, I'm a director in CIOA in Chicago and have seen none of this and we just had our headcount call last week.

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If they are replacing the manager then he/she was clearly fired.

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There have been several in MC and CIOA

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I know of 2 in MC

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What practice other than CIOA? I've seen none in Chicago.

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MC

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I know of 1 guy in FM as well

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I think they set up an in person meeting to relay the bad news

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I'm pretty sure that they are layoffs.

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I haven't heard of any at all. My MC group at least has been hiring at a steady rate even through the down end of FY. Since mid April I think 7 associate-director in Chicago alone.

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