Master Thread: Deloitte lay-off. Let’s have a thread of whether you or you heard anyone got laid off. Service line, city, and severance package. Stay strong everyone!

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Good luck guys

likeuplifting
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Haven’t felt like this since back in 08/09. Very tense and stressful time. Good luck everybody.

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Each firm and its people will be taking a “permanent” hit vs furloughs/pay cuts sooner or later. The Covid impact is supposed to take a few years to get back to pre-covid economy. It can’t be undone over night.

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Can't believe they just dropped that on you on a Friday. Brutal. Thinking of y'all this week

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Any updates?

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More emails came out at 5:30

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Open the spreadsheet and filter for your name

Poster and commenter in Deloitte bowl said they had a calendar invite from PPMD and Talent

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Decline it lol

likefunnysmarthelpful

Deloitte laying people off??

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Hiring freeze is for all functions

Has it begun yet?

We can't get to your company bowl lol

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Houston, June 10, audit , 5 weeks severance. High performing senior but on vida so I’m thinking the vida made me expensive?

Oh, that was so close. I wish you all the very best in your future endeavors.

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Hi all, i was fired today because i said the truth!! Isn’t that interesting?

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What if Elon Musk replaces Rajesh Gopinathan as the CEO of TCS?
All the useless managers will be fired?

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Do you have to return the sign on bonus if you get laid off, sign on period (2 years) has not yet passed. I would also like to know the firm's severance policy.

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Assuming this causes a recession like in 2008, and many people get laid off, how long to take to find another similar paying job? I’m currently a strat manager in FS. Scared for job.

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Layoffs at Integer Denver today? Somebody spill....

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I’m so worried I’ll get laid off. Last week I was slammed, but this week is slow, and I’m just so anxious...

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Looking for respectful ways to manage helping people in need of a job or seeking mentorship. I get 3-4 requests a week from mutual contacts asking if I can connect with a former colleague (always broad). Typically the ask is a 30-45 min call. I’ve been laid off, I know how hard a time it is, but equally am working long hours, parenting and want to reserve time for those I know. How do others manage these extra calls into their weeks?

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Have you been fired before even starting your new job?

I signed for a new job two months ago and will start next month (3 mo notice period in Europe). They were very keen on getting me on-board ASAP before signing but since I signed the contract it has been silent from the new employee. I've emailed them with questions as I'll be re-locating to NL and it takes them 1-2 weeks to reply. Given all that's going on in the world, I'm worried they might fire me before I even start.

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I'm in salary negotiations for a great role, but there's a small gap (~$10k) to even match my old salary. They have most of the obvious benefits like unlim. vacation, low healthcare premiums, 401k matching, permanent WFH, etc.

Right now, severance pkg. and a more senior title are most important. Has anyone negotiated a title bump? Outcome?

Are there additional benefits I should also consider?

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I’m a Junior accountant, recent MBA grad in Finance, located in NYC, just got laid off due to a merger. Anybody hiring or know any opening positions?

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Frustrating… I don’t like my associate
He’s been on the project for 6 months and doesn’t do anything and isn’t willing to learn anything but some how is still employed . I’m not the type to get someone fired and you know … have prbs paying bills . So I haven’t professionally complained about him but for F*** sake I’m losing my patience … feeling guilty to take his bread and complain … looking for new project … idk what to do

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I am seeking new employment, I was recently laid off due to lack of work. I would very much appreciate any leads. I have a Bs in Construction Management and over 15 years experience with Revit and AutoCAD and 7 years of plumbing design. I have solid references and impeccable work ethic. I truly enjoy what I do. Working remotely the last three years has become a way of my life and supports our current situation well, therefore I am seeking a similar role but will consider other opportunities.

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If I need Friday 4-5pm to go to a doctor's appointment, do I need to set a meeting invite to my manager in order not to be fired?

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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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Anyone know Deloitte core business group in Deloitte consulting LLP?

Salary range, business outlook of this group amid layoffs and green card initiation timeline?

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Layoffs. Most big firms say they're sitting on a conservative pile of cash - which I believe is true - but work will obviously not return to pre-COVID levels in the short term, probably not even in the medium term. Are Biglaw layoffs coming?

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S&P Global Is it wise to join S&P Global during recession time? Can we consider this company as recession proof. Any history on layoffs in the past ..

S&P Global

Hi, what is the hire and fire policy in BAContinuum. Are they laying off people or did in the past?

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Morning! Being laid off sux, I been down this road 5x in my career it never bets easier.

Dust off contacts and make your rounds
* if you’re in a good position to take time off do some, seems we all need a mental break anyway

likeuplifting

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Someone came in and ordered 60 bacon double cheeseburgers… my crew thought I was kidding. 😅

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how much i should expect from BGSW with yoe 6 into embedded, linux domain.

Also are they doing 5 days WFO?

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Hi Fishes,

Just wanted to know on the work life balance @
Target corporation, bangalore for Level 4 : Analyst Accounting.

Overall is it a good place to work and the profile.Target

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This open office plan sucks. Besides the constant din, we've got 3 agencies crammed on to one floor, sharing conference rooms and huddle rooms. Agency identity is lost and it feels like an ad factory

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When will FAANG turn into FAANGS to include SalesForce?

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Started my law firm this month. Have a few of-counsel positions and want to do mostly litigation (civil and commercial in NY). Besides word of mouth and networking, have any of you found any websites or services that generate legitimate leads?

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Single 🐠 from where do you get your emotional support? There is a constant void I feel and not family and friends support isn’t working out / not an option.

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Can any body tell how much is fixed and variable in 27 lpa ctc in landis gyr

Already slept through the first half of the work day. Happy Monday !

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Everytime I’m riding high, getting good work done, my boss has to come in and ruin the mood. Every time. Here’s to spending the rest of my day eating ice cream and watching tv while still working but less than before

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All my six-figure salary consultant friends are ranting about how poor they feel right now because their IRAs/portfolios are down. Think the people in this industry need to take time to volunteer or engage with some tougher parts of town and understand that by virtue of even having investment accounts, that they’re more financially safe than at least 50% of America. Sad to see

likefunnysmart

I never doubted myself, but I doubted you
I'm tired of looking at myself in my rear view

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Everyone likes me because I'm a doormat with no boundaries. I do anything and say anything to make people happy. I will think what you think I should think. Will you be my friend?

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Do you consider your in-laws family? For example, if your spouse’s sibling has children, do you consider those kids as your family or your spouse’s family?

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I went to a networking event today, but deep down I want to marry a prince/ trust fund only child and be a stay at home TikTok wife/mum .

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GSK Guys need help in finding out payroll for Technical Associate role at GSK

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I’m looking for a creative lesson to match this standard. Any suggestions ?

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Additional Posts in Accounting

Taking a mandatory "Audit Quality and Our Tax Provision Work" when I don't do any tax provision work. Nice waste of my time KPMG. Idiots.

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Me as associate: can't wait to be senior and give most work to staff! Me as senior, with no staff: can't wait to be manager and give most work to seniors! Me as manager: READY FOR DISAPPOINTMENT

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Anybody interested in these billion dollar cuts to HUD? How will that effect the audit industry for LIH?

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how is the Alvarez & Marsal public sector practice? any insight would be helpful!

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Remember y’all, just say no to unreasonable expectations. They need you rn way more than you need them.

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Got hired 3 years ago- newly created staff accountant role with the plan that it’ll go into a senior and then manager role. 1.5 years in I get a title promotion to senior, told I’ll get more duties, start supervising AP, and get monetary promotion to match next year. Got way more work, but nothing else promised within that year. Told next money bump would be manager role (no raise for senior still) and I need to take on more and start supervising AP. Again, seeing nothing…time to leave?

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Highest number of billable hours you have seen in a year?

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Hey can anyone shed light on the Technical Accounting Consulting group at RSM compared to Big 4 (EY FAAS) with regards to work life balance / middle market client demands / flexibility?

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I spend most weekends/vacation days trying to figure out my life and find a job I’ll like better. Then after awhile I convince myself that I have a good job and I’m a fool. All is well until about 3 hours into my first day back when the bs starts in again and all hell breaks loose. 🥴 Is this common? At what point do you know it’s time to leave?

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Thinking having a 24’ HD and a 28’ 4K monitor setup. Is 4K for excel not necessary? How about 28’ monitors?

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When do newly promoted seniors at EY get their bonuses?

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Does your firm form leadership group trainings? We usually do every summer but we are starting one these last 2 months. We usually read books or watch something and then discuss. If you do them, do you think they are effective?

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How do i see my utilization?

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currently in tax, thinking about trying to switch to advisory. anyone done this and have any advice? would i get a pay cut and/or lose my senior associate title?

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Is there anyone out there working a job related to Accounting that you’re actually passionate about? Something that you enjoy and feel like you’re making a difference?

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What industries is the CFE certification used for? How does it compare to CPA in the length of the material and difficulty? Do most firms pay for It?

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Thinking joining Deloitte New Jersey office… any thoughts/reviews from anyone that works there on culture/people/workload/etc?? Deloitte

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Considering obtaining a CFE certification. Can anyone share their experience vs experience obtaining CPA? I’m already a CPA. I just want a comparison of study time requirement and difficulty of exam.

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