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Okay, real talk. Can these big 4 firms afford to not lay off staff? Do you believe leadership is being stingy with profit margins?

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KPMG in some markets is destroying it right now.

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Layoffs are normal in consulting; so I don't think big4 can afford to not layoff. BUT, I haven't heard of leadership forgoing their bonuses so that staff get a bigger piece of the pie - which is something I would have expected based on my experiences with my last firm (not big4).

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If there were no layoffs we would see even more complaining posts about small bonuses.

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OP - I just read that KPMG is killing it right now and your firm has had upwardly yearly profits for the past 3 years. Is your firm doing lay off as well?

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Don't know

Really? That's good to hear! And nope, no lay offs as far as I have heard. Just was contemplating all the lay off talks.

Yeah I just feel like some of the salaries leadership get could easily be reduced some to cut down these intense layoffs

KPMG is wrecking, especially advisory US. Some weakened and lack luster performance in Europe (mainly the UK) but that's likely because Europe is the economic equivalent of a vestigially tail.

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