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Doesn’t mean you’ll get cut.
So far it’s all been performance and whiny Millenials making noise. Almost every other firm has had far steeper cuts
We are cutting “bottom performers”. In quotes since a couple practices may not have been all bottom performers but in general goal was to reduce bottom performers as well as balance our barbell shape heirrachy (yes some good/strong SMs were let go since some areas had a significant number of SMs relative to the rest of the atructury
I would avoid ACN, the culture is toxic.
Uncle D is toxic because it’s a uniform culture. You either fit in or you don’t whereas ACN you have to learn to fit in based on the culture of your project/ MD.
Fwiw - Accenture is the only place which announced significant promos & bonuses. Lay offs are sad reality not only at ACN but across the board. Not pitching you to continue the process, just making you realize if you start cutting down on firms for lay off news, you would hardly be left with any option in this market.
Good luck
Chief
The practices that had layoffs will not usually be the ones hiring (the growing practices are allowed to grow, the struggling ones slim down) so you should be fine.
Just received a verbal offer from ACN which I’m going to take! If you’re looking at federal/govt, they are expanding like crazy. Layoffs are really only hitting low performers and some in non-govt consulting. My recruiter even asked if I have more recs of who else they can talk to since they want to hire so many more