Recent layoff news and information about a Federal warn law that applies to large employers has me questioning how Deloitte handled Covid related layoffs in the summer of 2020.

Deloitte certainly laid off more than 500 employees, yet many responses as we saw on Reddit and fishbowl indicated 4-6 weeks of severance. Is the Federal warn with a minimum notice of 60 days or equivalent severance something that recently became law? I’m curious, and wondering how Deloitte dodged it.

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Those weren’t layoffs. Those were standard attrition. Deloitte has 415,000 employees. They lose this many people every day.

People confuse “layoff” with being fired

smart

I disagree. The firm miscalculated the economic recovery and stimulus, and eventually started reaching back out to same folks but had to pay more.

It’s not that they have to tell you you’re being laid off. They have to file that they’re planning to do layoffs

Deloitte provided severance/continuation of pay

Some doesn’t matter, all need to have the basis or minimum.

That’s the law :)

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Deloitte did not have layoffs, just normal low performer shedding. 500 people is .2% of the workforce, so I don’t think that is accurate. Usually firms let the bottom 5% go every year (down from the 15% Jack Welch-ian standard.)

They were definitely layoffs. Due to Covid 19 pandemic was directly mentioned.

They pinned everything on Covid 19 and did it in June, whereas usually this tends to happen later in the year.

Who are y’all trying to fool? Uncle D really giving y’all the kool aid 🤣🤣

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