{ "media_type": "text", "post_content": "PWC / Strategy& fish - saw a post mentioning layoffs that included recent hires. Is it true? Which verticals are most affected? Starting at S& in a few months...", "post_id": "5cffddf7e7c937001bf71b78", "reply_count": 18, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

PWC / Strategy& fish - saw a post mentioning layoffs that included recent hires. Is it true? Which verticals are most affected? Starting at S& in a few months...

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As far as strategy&, I heard from my director that they had made a lateral decision not to include anyone hired last year (around sept) in the lowest 10% ( bracket that will be let go) So, the answer for s& at least, is no

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Some verticals go soft from time to time but the market for consulting is hot and for the most part people are busy.

It’s annual performance review season and those being let go are those who received the lowest ratings. This isn’t a one-off layoff but rather the normal performance review cycle, and those folks will be let go between roughly now and over the next couple weeks.

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