PwC FDD is moving to staff available seniors not on current deals to other lines of service at the firm, what is going on here? Time to start interviewing?

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This good right - over capacity better to use resources than fire ?

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Better than being laid off

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Recent IconRecent

We are already in Recession

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We are still hiring and busy at KPMG fdd. Dm me if you want o learn more!

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Kpmg 2 What? In my pod other than 1-2 low performing seniors everyone including myself has been busy since May.

I kind of like that idea. Wish I can get some exposure to valuation/project finance stuff.

As long as it is not audit lmao.

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Can you imagine finally getting hired into FDD only to work in IT audit. I’ve had nightmares of this exact scenario.

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I think it’s time to officially dust off the gmat prep books

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I’m in cmaas as a new transfer and have been and will be on a cyber risk engagement till year end since they’re having trouble staffing me …as a senior

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If you come to audit I can guarantee you will work on audit engagements

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Also happening at Deloitte

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??

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Can you clarify your comment? Did you mean that available seniors in FDD are reassigned to other lines of services because they are under utilized?

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Yeah, the post sounded like they were getting downgraded, but they are actually getting upgraded? Hard to believe - more likely they are going to get ‘em into audit busy season

This is what they always do during a slow down. Same thing happened to me 20 years ago. Just take it as an opportunity and before you know it you’ll be working 60 hour weeks in deals again!

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If you are a strong performer, you don’t have anything to worry about.

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This was not helpful at all lol

1. Haven’t heard this anywhere
2. My office is using the slow down to train inexperienced people on deals

If you can’t say where you see this it sounds like BS

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CRZ is hiring FDD if interested

EY did this at the start of Covid for a bit and it was pretty well received by folks who rotated. It gave FDD people consulting experience and was generally pretty interesting. People aren’t auditing - you stay close to your own cost center.

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Got the same email, its intended for people that are new and have been under utilized for months

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Wait you got an email about it? Any chance you can post a pic of it?

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Really?

That’s good though.

Where did you hear this

Some groups are offering rotations to other deals group but not IT audit

I'm on the bench and new to the firm in FDD. What kind of work should I ask for?

Acceleration center

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