{ "media_type": "text", "post_content": "Lots of farewell emails this week at PwC. People getting laid off? Has anyone heard anything about it?", "post_id": "56b4c7af1468090f00935747", "reply_count": 22, "vote_count": 22, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Lots of farewell emails this week at PwC. People getting laid off? Has anyone heard anything about it?

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Hahaha EY 1, this is Advisory, consulting doesn't have a busy season... It should be busy all the time

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I thought the exact same thing. I've seen 5 of these emails in FS over the past few days...

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I would not be too surprised...

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FS wide- it's worse on the BCM side.

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I'm in TICE and I haven't seen anything. Just one last week or two weeks ago I think. A lot of people that say they're leaving are also saying they're going into something else so I think it's voluntary on that end

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Was literally just going to ask this... Got 3 this morning

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Is it just an FS thing? Because the only emails I get are daily time reminders and "Your Firm Today"

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I know I'm FS they hired a ton over the summer and now there's not a ton of work. Sucks, hopefully picks up soon.

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It's FS - I've seen EA to Director

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People have been disappearing sans goodbye emails for three months. The util #s are rough.

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You mean they're getting let go?

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Some yes- I know for sure. Some- I'm just guessing but don't know for certain.

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In FS*

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PwC2 is it just within a particular practice? Or all over FS?

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I know Partners are getting a lot of pressure to increase utilization of their staff. So this could all be related.

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Maybe just an FS thing. I've seen about 5 farewell's since yesterday afternoon

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That's interesting. What level were they? It's so expensive to recruit, hire, and train - I can't imagine them firing too many new hire associates

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New hires most likely won't be fired but there are quite a few that have never been staffed

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Utilization scrutiny at an all time high... Not surprised.

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FS = Financial Services?

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