Official EY Layoffs Thread

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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.

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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.

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@EY18 What did the voicemail say?

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No, that part makes sense. What I'm getting at is the part about the hiring standards supposedly being so lax that even inferior (in the eyes of ey16) candidates got in. That's so elitist and also completely overlooks the fact that there is more that goes into a bad rating than being "inferior." Such as politics, learning opps, being set up to fail, etc. life isn't black and white and it isn't fair to dismiss people who get fired as less quality candidates. Plenty of intelligent and hard working people get put into shitty situations and bam, you get a bad rating that makes you susceptible to being laid off in times like this.

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I would say the situations you speak about are the exceptions rather than the rule. Probably most people getting laid off were just lower performers than their peers because they either 1) don't understand Accounting as well as peers, 2) lack the responsibility of peers put forward lower quality work or 3) just take longer to learn than their peers and are caught on the shit end of the stick. Of course you'll also have your people who were just bad luck, wrong place, wrong time, bad situation. But that's probably few and far between.

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4th year SM. Part of the hiring process. Part of these discussions.

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EY33, I've just heard San Diego, along with the staff 2s quitting in Sacramento, you have any other cities to add?

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Everything I've been reading from last week and this week has mostly been audit with a few tax sprinkled in. And I believe central had their layoffs last week for the most part

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Praying indirect tax stays the same - we're approaching busy season

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Friend in dallas office was laid off

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EY 7, what service line and level? I'm sorry to hear that.

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That is crazy, crazy, crazy. Literally no one is safe. I wake up every morning with dread. It's like a cloud that hangs over me. Again, I'm sorry to hear that.

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Those who've been laid off, what's the reason the company is giving you for getting laid off?

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^ Florida

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@EY9, sorry to hear, hope you find something quick. Up here in the Northeast and hoping that I don't get my bad news while on vacation for the week.

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Checking in from Midwest. Haven't heard of any at all

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Also Midwest, and haven't heard of anything.

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What about NYC? I haven't heard anything about layoffs ....

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Thanks. I'm in one of those cities, but haven't heard anything yet.

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Yes. It hit Boston.

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I lost two of my team members yesterday

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@EY 18 What office or region are you in?

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A reminder to all: we are going through very difficult times. Please help someone who has gotten laid off if you can!

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EY fish - when you are laid off, is it immediate the day you're told or do you get a little warning?

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Lol shots fired

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Hi Team,

Few days back I had a post stating that I would be joining one of the consultancy by end of this month, my question was will my joining date be impacted due to the current tech layoff. Is there a way that the new employer can monitor the post and take necessary action?

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I was laid off from Deloitte in the 18th. I have an interview with Amazon for a Senior Program Managers Non Technical position with Amazon hiring manager on Monday. Any advice would be much appreciated. I would love to get into Amazon. I hear their interview process is brutal.

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Follow up post to my last post…My husband was laid off from the company where I also work. I am feeling really isolated / depressed about working and moving forward. I’m also getting to a stage where I’m really sad that people haven’t reached out to either my husband or myself to send well wishes or provide support. It’s like they don’t know what to say or I make them feel awkward so they don’t bother…I’m trying to focus on a few that have been supportive but it’s hard…Any words of advice? 😞

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Are there anyone here that can help with finding a job in health admin or admin position not having any luck on indeed!? I’m a New York native, I just moved to Las Vegas and I worked for the state for 12 years in New York and I came here to take care of my mom and as a contract worker for state of Nevada education. I was fired for discrimination reasons and now I’m out of a job I have a bachelors degree and applied to 123 jobs on indeed to be denied because I’m over qualified. HELP ANYONE

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M/SM and above, why do you label a meeting as “touch point” or ask if you can have a “quick chat” when it’s something serious? Millennials like us always assume we’re about to get fired - I actually have been laid off in a meeting with that title. But at my new job, my boss asked for a “quick chat” to literally ask me to change the title of a meeting and then chat about christmas. Now that I’m in management, I want to understand it better.

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There have been surprising news with layoffs lately. Has anyone here been affected by the layoffs at Twitter or META?

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Is there a possibility of layoffs in Barclays India?

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Laid off, 10 years exp, tired of acct management. Feel so lost. Don't want to go back to agency side. What should I do? I feel like 💩

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If you still believe the election was stolen, you should be fired from your job because no client deserves a consultant with such poor critical thinking skills.

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Have layoffs been finished for the year or are more coming?

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Looking for job change.
Preferably profile related to Consumer insights

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Few days I have given resign but now last month I have cleared some onsite opportunity evaluation from client end. so infosys is going to send me U.K, London after july.. should I need to take back resignation ? As out of infosys am holding 15LPA package right now..
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I hope it comes into action soon...!

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It’s 2020. Is a small dainty nose ring still perceived as unprofessional in the workplace? I work in the finance industry.

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Does have your ARM designation help more than 20+ years experience?

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My fried work in Infosys.
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Does anyone who works on a DOD project with a clearance know if you can request a phone?

Anyone have insight into Goodwin’s remote positions? They aren’t listed on their careers page.

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I literally almost threw my laptop. Didn't know I could be capable of such anger

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What’s the work life balance looking like for EY FAAS? Specifically in Chicago

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I’ve seen a lot of recruiters recently trying to hire for advisory consulting firms that claim they do the work that Big 4 can’t because of independence issues. Does anyone think these types of firms are sustainable or will big 4 find a way around the independence restrictions and take this work back?

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Me: Hi, can I please get a report of (insert report name here)?
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How much is your rent?

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In person corporate financial analyst interview questions? Suggestions on what to bring?

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Raises are between 7 and 15%. For just about everyone at every level at every company, depending on performance of you and your service line. You can all shut the hell up now.

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sometimes I feel like the reward of being productive is more work lol

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Anyone here in TRS at PWC? How do you like it? What do you do? Thanks!

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