Massive 4/16 layoffs at Crowe - several directors, senior managers, managers, seniors and staff let go, as busy season work completes.

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Savages

likesmart

Glad I left crowe when I did 😅

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I hope people remember this when Crowe is looking to recruit in the future

likesmart

Everyone has to make decision that works for them. However one thing that is often lost is the "off balance sheet value" of Big 4 titles. Clear evidence that a SM at Big 4 will earn more over career than regional/local ... although please consider that money isn't everything . This stems from the fact that more and "higher level" industry jobs for to Big 4 than other firms and fact that if someone makes partner at Big 4 their comp is much higher on average that partner at other firms .

Very good point @ senior associate 1. What crowe did was cold! They could have taken a larger cut of partner / officer pay.

It sounds like they gave their employees very little information. Let’s see it remains one of the best places to work

likesmart

Based on the CEO video released about 20 minutes ago, the cuts have already been dealt... I assume that means those of us that haven't heard bad news made it past wave one. While it's nice to not be culled, he did talk about potentially needing to take additional defensive measures...

Goodluck to everybody.

likesmart

Biggest fear

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Damn

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Sorry to hear.

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How many?

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Canary in the coal mine. But work is thinning out at two local firms I know. Need work and billable hours to keep employees on staff

likehelpful

Stay safe

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Please quantify massive.

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6-7%

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