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Larsen & Toubro Infotech Hi folks, Please help me which organisation should I go with Citius tech or LTimindtree? As recession is approaching and due to which layoffs are going on as we all know so which one is more safe to join. Please share your thoughts, which will help me to take the decision.
For tech stack Azure Data Factory, SQL,Azure synapse, SSIS, ADLS with 7.5 yrs of experience. HCL Technologies Tata Consultancy Infosys Accenture IBM Larsen & Toubro Infotech Mindtree Fractal Citiustech Healthcare Technologies
How is everyone planning for potential layoffs?
Industry-wide layoffs tomorrow or nah?
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Hmm.. EY is leading in something at least
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Stop comparing success.
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unlock all discussions on Fishbowl.
EY 4, I'm in the SE Region. Some of the people that got let go were a complete shock. Highly rated, well liked. Others were obvious low hanging fruit, but my staff was/is excellent.
They increased hiring significantly at the staff level the past few years but didn't increase revenues at the same rate. In order to get a higher number of staff, they took from a lower rung of candidates than they normally would. Two years later your left with folks that need to be cut, so they get rid of the low performers that they probably wouldn't have hired in the first place under normal circumstances.
Looks like vision 2020 is alive and well
EY is definitely laying people off. I lost my busy season staff 2 and I'm pissed.
Can someone just fucking summarize the voicemail goddamn
Post all that shit here instead of in a million separate posts that clog up the feed. Use this thread to discuss everything EY layoff related.
^do you not understand how layoffs work? The firm doesn't have the capacity or revenues to support all the staff hired. You're suggesting that the owners of the business take a pay cut in order to keep around excess employees they don't need, so that employees can be utilized at less than 100%. Did you fail your business courses in college?
EY isn't laying anyone off
43 in southeast region. Confirmed
I think it's all audit, staff and seniors. Sending good vibes to anyone who was laid off, y'all are definitely on my mind
Are these FSO or non-FSO?
Audit staff 2, good ratings, fully scheduled out for busy season
^I don't think it's a good strategy to make employees appreciate their jobs.
Summary of today on Fishbowl: NE and SE regions affected within the last week. Mostly assurance. Raleigh office might close all together. FSO tax lost a major client or something.
Reason given to me was firm performance was lower than expected and the firm has decided to reduce their workforce - Staff 2
It's okay. Maybe I will find something better and this is a blessing in disguise.
Nashville lost 8 - 5 staff and 3 seniors
What if all these people posting are really just HR trying to make us appreciate our jobs?
Voicemail for the southeast said 43 people were let go and it was based on objective criteria.
Any news for central?