So...layoffs at Deloitte. What have you heard???

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@PwC It was all over Fishbowl. Your FS practice from what I read. @D6 There is no "purge". I'm annoyed you would even use that word. Way to cause mass hysteria without any evidence. Turnover is natural. Everyone who is average to exceptional can get a 3. I'd be surprised if a 4-5 maintains a career at the firm.

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So I just spent some time chatting with one of the PPDs in our office about reductions. Here's what I know. It was completely performance based - voluntary attrition is super low right now and we're long in staff so they trimmed the fat. Cuts were made at all levels, but reduction at the BA/C level is essentially done. Might be a little more movement at the M/SM level in the next weeks but it's pretty much over. Overall, it was a cut of around 3-4%, and it not impacting any of our recruiting or hiring.

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bloomberg.com/news/videos/2016-03-08/deloitte-ceo-we-ll-hire-25-000-people-in-2016

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Why does someone ask this every week? Nothing is happening 😔

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Actually haven't heard anything... but was just talking today on our team about Accenture and EY

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I feel like it's paranoia from the PwC layoffs that apparently started a couple weeks ago.

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We can't hire enough people

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Director in my group got fired. Very shocking.

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Pack your things.

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My guess is if you heard of someone being "fired" it was due to performance.

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S&O C here: I've heard BA cuts at some of the bigger offices. 7 BAs in the start class below me from NYC, a few from Boston, Chicago, and LA as well.

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Guys. Layoffs are happening everywhere, it's a shitty time for consulting. It's largely based on utilization rather than performance, staying staffed is your best bet.

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I've been told for my area we are ramping up hiring

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I heard there were layoffs at the SM and BA levels, seemingly obvious levels to cut fat if performance is below par

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Another layoff thread. Paranoia is strong this week. No one is getting laid off (NYC office)

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I heard this from a director who is a friend. This is the time of year to cut for performance reasons usually a result of multiple bad ratings in previous years and or off track at midyear . Strategy is to part ways now versus give another bad rating. Part ways amicably with fair and decent severance. Plus the thinking is that it's easier to find a new job now than wait until summer when no one is hiring and everyone's on vacation.

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@D6 I don't know anymore than that. Best guess is that they're going to continue trimming the fat until fiscal YE.

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What have you heard

Just rumors at Accenture at this point. Everyone is playing it safe and staying staffed on longer term gigs

Well, trying to, haha

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Hi Fishes, I've 5.7 YOE in digital marketing and i have an offer from PS for Senior Media Analyst Role in Digital Marketing Domain. After seeing all the layoff post i'm getting scared. It would be helpful if you could please let me know if anyone if fired from Digital Marketing Domain.

DOJ is Oct 31st, i dont have more time. Please comment if you know anyone from Digital Marketing.

Hi,
As of now I got into PIP so does it indirectly means that i will be fired.?

PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

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I was laid off from Deloitte in the 18th. I have an interview with Amazon for a Senior Program Managers Non Technical position with Amazon hiring manager on Monday. Any advice would be much appreciated. I would love to get into Amazon. I hear their interview process is brutal.

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Did Epsilon just go through a round of layoffs ?

My work product is becoming worse and partners are noticing/commenting. I just hate the practice area so much that every time I am asked to do something I just get it done as quickly as possible and can’t be bothered to put in effort. I think I need to quit so I’m not fired for bad performance with a horrible reputation. Am I nuts and should I just wait til they let me go?

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Is it common practice in Singapore for firms to have a probation period for new joiners (duration at their discretion), during which new joiners can be fired at a week’s notice period?

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I have been interviewing for a new job but I keep hearing about layoffs and a recession coming. Is now a bad time to switch jobs?

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Paytm

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So I was laid off. Is it okay to talk about it at my next job interview? Feels like everyone knows anyway.

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Although Amazon has instituted a hiring freeze and layoffs are probably on their way, I went through the loop for a security engineer position at AWS. Before I attended the final interviews, Amazon placed the hiring freeze and called me to ask if I wanted to go ahead or cancel my application. I decided do go ahead Right now I'm waiting for their response and the position I applied to changed from "under consideration" to "no longer under consideration". Thoughts?

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Fishes need ur help...my friend s been laid off without notice...any quality analyst jobs please let me know....would be really grateful 2 u all...

What if Elon Musk replaces Rajesh Gopinathan as the CEO of TCS?
All the useless managers will be fired?

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Just a joke, take it as a joke-
.
Recently Better (dot) com's employees were fired from the job.
If you are some HR/Senior management personnel and hiring them.
You should reconsider your decision as they will make your organisation BETTER. :-)

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One of my senior managers is a boomerang and told me she was laid off when she was 7 months pregnant about 10 years ago. I think she was a senior or manager. She was in a specific group and everybody was laid off. It wasn’t performance based.

Would you work at your company again if you were laid off?

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Should I be alarmed that I haven’t had a conversation with my director in a week +? (Any tips for coming to terms with being laid off for the first time?)

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