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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@EY 4 do they have transfer requests standing? That's what I heard. People who submitted transfer requests got laid off the first

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Audit. Yepp one of those cities

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Sorry to hear that...

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No layoff news so far today? Hoping this means this is ending!

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Doubtful. It's still early. Layoffs happened until 5 pm yesterday in the Midwest

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Any more news on central region?

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Two TAS seniors were let go last week (NYC).

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West update: Some CBS let go in Seattle last week and now hearing about some audit in San Diego

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😢

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EY18 how many people is that in Chicago?

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This is fun!

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My buddy told me today that 2 staff 2's were laid off from the KC office (assurance)

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Deloitte San Diego is looking for seniors.

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For southeast region, we got an voicemail on Wednesday

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Care to summarize

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I'm in southwest, haven't gotten an email or voixemail

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what exactly happened with EY that cause this massive layoff across the nation? is this normal?

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@ey16 What if someone was from that "lower rung" but came in and was a 5?

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Partner in northeast mentioned about layoffs. Lower utilization rate across board from staff to senior

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@EY 33 There were a few San Diego and Seattle layoffs last week. Are these new? What service line?

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Vicious layoffs at HCB health.

Review coming up. Is now an okay time to ask for a raise? Part of me is nervous if I get a raise I’ll be the first to go if layoffs happen with the way things are going right now

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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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hearing there was massive layoffs at concentric today. in the dozens. can someone confirm or refute?

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If I just chill on the bench for long will I still only get fired at the end of the year?

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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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So are the layoffs at Deloitte over ?

Most staff/sr assoc would make 80% of salary for the next 4 months if fired & yet firms are considering pay cuts.

Like at this point just fire me idk what kool aid some of you are drinking

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How many days would I be able to stay If I Country if I quit (not fired) my job that I have a h1b for? Moving to Canada and need some time to close up shop here.

I'm Java full stack developer with 1 year 6 month experienced with Java Spring Boot Angular Postgres Camunda BPMN..

I can even work on just Frontend Angular

If there's any opening please let me know...

I was laid off last week

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How is job security in BNY Mellon | Pershing Technology department?
It's very scary to here abot lot's of layoffs in other companies these days.
......
#Layoffs #firing #Job #Termination

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So with all the layoff talk on the BL bowl, how’s Texas M&A market doing? Anyone expect an uptick in Q4?

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I got laid off and not sure if I should find a place cheaper to live by myself and pay rent with UI for couple of months while studying or go back home where family is and contribute much less than I will be spending living alone to parents for rent. I will be saving a lot. Problem is younger sister who is mentally draining and steals my things, makes nasty comments towards me lives there and her bedroom will be right next to mine. She once got me arrested for no reason. What should I do?

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I was just laid off due to COVID. Felt invincible when the crisis began but now feel lost as if my career was ripped out with the tide. Slowly gaining motivation to get back on top

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Just got laid off! Any lead Recruiter or Recruiting management opportunities looking for a recruiter with 10+ yrs of agency and in house tech recruiting?

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Layoff in IQVIA?
@iqvia

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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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How much time is acceptable to bill to admin per day?

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So, again my client went with the banner and website design ideas from from their print-based (and cheaper) agency. Now I get to make their garbage. Sometimes I wonder why we bother. #designrant

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Question on option price in relation to theta, does the theta component recalculate each day, or it changes even every minute? Say if u buy and sell within a day, expect to lose some theta value?

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Disney Streaming Services I completed my interview process with DSS early last week, and was reached out by recruiter that all rounds were strong hires, and they are extending an offer. We set a time to talk on Friday about the offer. However, the announcement of targeted hiring freeze happened on Friday. I was ghosted with no call. What should I expect now? Would I still have chance to be offered?

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Questions for web builders, digital security providers, and web technicians.

A Marketing associate in charge of all of our hardcoded web resources says “I have to complete the web admin/updates and security checks every Monday morning” They claim this takes two hours and is super involved. Is this true? Could someone explain to me the process?

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What is moonlighting?

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got excited about dental work today because it meant I got to spend an hour away from work during the day. is that super depressing?

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Which dating app you recommend to use?

(Preferably free to low cost)
For dating and relationships!

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Where the PROs at? What other bowls are you all in? I will go first: consulting bowl and consulting memes.

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Any doing RE work for in-house healthcare? I’m curious about pay.

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Cisco

Pros:

- fairly decent place to work (from someone who worked with the Vancouver and San Jose offices). never met a blue badger (permanent employee) who had awful things to say.

- Ashley Goodall (their SVP, Methods & Intelligence) co-authored a brilliant book on leadership and people management called “Nine Lies About Work” that makes me believe they can be an awesome place to work

Cons:

- red badgers had low morale since they’re contract workers and can be terminated at any time

Welp, see yeah later KFC!

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Just sharing! Landed in offer at AWS over five weeks ago and still waiting on a visa transfer update from US CIS. So many work updates from other folks in these five weeks moving in and out while I am unable to share an update with my folks or celebrate in anticipation of the final approval of the petition. Trying to stay calm and collected, but sometimes it takes a toll

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I have my on-site rounds starting now with Google , will one of my interviewers be my potential manager?

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Need a suggestion:

I have offer from Cognizant, HSBC and Standard Chartered.

Salary is

Cognizant-x
HSBC-x+2
Standard Chartered-x+4

Which one would be a better option to join based on WLB, work culture etc?

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Hi! I have recently started working with a SaaS based company as a program coordinator co-op. I graduated last month and I am actively looking to get a full-time job soon. My current co-op ends in mid december and at my current company there isn’t any operations/program/project mngmt teams as of now. While my manager often indirectly hints of future opportunities in the company, he also keeps asking me to come up with interests in other departments of the company. I am not sure what this means?!

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I am so confused on whether to take onsite or join jp morgan.
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For folks who have applied for AP/EAD, how long did it take for you to receive it?

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What does it mean to “lead” client calls? Leading my first call today, tips?

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Polling the group: Stay for one more year at Big 4 firm as a manager and get possibly get promoted next year - or take senior manager job now at a boutique firm? Offering same pay but better hours.

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We stay until 8 or 9 everyday and then at the end of every week my manager tells me to book only 40 hours. It sucks ass and now I have to explain to my counselor why my utilization is so pedestrian...

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I got laid off and not sure if I should find a place cheaper to live by myself and pay rent with UI for couple of months while studying or go back home where family is and contribute much less than I will be spending living alone to parents for rent. I will be saving a lot. Problem is younger sister who is mentally draining and steals my things, makes nasty comments towards me lives there and her bedroom will be right next to mine. She once got me arrested for no reason. What should I do?

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Have people been getting bonuses or mid year raises now? Saw something on a Deloitte bowl I thought.

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Considering an EY FSO Advisory Senior Consultant position in LA/SF offices. Anyone have any idea of salary ranges for such a role? I'm thinking in the 110k range.

Thanks in advance for the feedback.

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MS Teams > Google chat, meet

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We had evaluations and normally we have annual raises. I think my salary is under market value at $68k (plus OT) in Los Angeles (5 years of experience). I was told I am one of the top employees in the firm. When I asked about a raise, I was told “when you think about it at your level 5k to 10k doesn’t really matter it’s the long term goal that matters”. What would be your response to that, to a partner who is making 500-600k a year?

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When it's almost 5pm and you are finally able to start on the task you were supposed to spend most of the day on.

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Anyone in Deloitte’s Sustainability group? Looking to connect, just applied to a position Deloitte

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What’s the difference between ED and partners? How does one become an ED vs partner?

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Anyone move to Bermuda to work for a big 4? How long was the work permit processing time?

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Anyone negotiate severance?

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To those in leadership, no PBB is what it is, but to blame it on COVID-19 is just a slap in the face...2-3 weeks of working from home doesn’t kill the fiscal year when we’re 9 months in....

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What do you use to carry your laptop to work?

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Reasons to go to law school? What’s the market like for CPA JDs?

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How do you deal with people who throw you under the bus because they’re the ones who are incompetent?

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I hate to see good people go because of money. Why don't the firms just pay them more? It's almost impossible to find new replacement managers and so it would be worth it to pay up.

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