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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Any for tax in the west?

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Yeah Central anyone?

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What region/city at you in, EY 9?

Anyone in midwest yet?

@EY 5 there are lots of things the firms do that I don't think are good strategies for cultivating a good business, but they still happen every day...

It must be very bad that they are laying off - considering this is "quitting" season as well!!!

It's hit the Midwest too. Know several people let go as well

Would you mind specifying what cities?

Getting mixed signals. Did this hit the NE yet? If so, what cities?

Just curious. Someone cited utilization as a reason for layoffs. Have there also been layoffs for gds?

Anymore info for midwest offices?

Did anyone in Tax get fired from New York, Boston, and Hartford office?

2 audit staff in EY Stamford laid off today.

@EY 4 I'm southeast region

I had no transfer request outstanding and I'm laid off

@EY15, audit? And Chicago or mpls?

Anyone hear about layoffs in the West?

I heard of a senior that got laid off in the west but that could be a one off thing cause it was due to bad reviews

@EY 15 heard anything about Chicago office?

@EY 15 what is TDD?

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