{ "media_type": "text", "post_content": "So many new hires coming in. I just don't get it, with all the layoffs that happened a few months back and a bench so deep..", "post_id": "57b4ae9512bf310e00c1f44e", "reply_count": 31, "vote_count": 25, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

So many new hires coming in. I just don't get it, with all the layoffs that happened a few months back and a bench so deep..

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@EY1 People let go in Boston were actually told that they were let go of because of low sales. Many were offered an opportunity to come back in future. I'd be careful about calling people low performers at a salty point in their lives ...

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D8: false. During offer day at my office, when incentive/bonus pay was asked by those with offers in hand, it was said that no BTA gets AIP but they could get a "bonus" depending on how the firm did. This was last recruitment cycle.

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I'm annoyed that your greed D1 makes your think junior staff doesn't deserve an incentive. Especially given the layoffs.

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You guys must be new to the working world. Poor performers get the ax, new people are hired, repeat. All this talk that it wasn't low performers but across the board is just folks walking around with blinders on

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I'm more annoyed that analysts are getting bonus' this year, thus depleting the pool for me

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The bench isn't deep though...

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When are we expecting the next wave of layoffs?

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D5 those junior staff signed on knowing they are not offered incentive until SC level

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Guys they hired all these people a full year ago (or even more). They can't not honor those offers, it would be mayhem on campus. Also, they have frozen direct hires...

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I think they're waiting to see who leaves but we're still behind plan for this year again. Look at the Financial Snapshots.

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There's a second wave of new hires on oct

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If you don't get it, you are too naive.

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I bet we see more layoffs in Oct/Nov.

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Would say upgrading your workforce but your recruiters swear there was no layoffs, had to beat 2 off in the last 30 days (no dis my wife is a Deloitte alumni, I know where the warts are)

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Ok, PwC1, take a chill pill. We're all potential victims of the machine.

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It wasn't just low performers, some people that got laid off were just approved for GSAP/CCP right before they got laid off.

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We jus cutting the fat

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Simple as this: they need to maintain campus recruiting relationships

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I say the reason why new hires are and will keep coming in is bcs big D wants to keep a strong relationship and presence on campus... A bit messed up but they're looking at long term branding and reputation

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@D14 they do not in fact have to honor those offers. In 2009 there was absolute mayhem on campus when banks pulled offers. It's happened before, it can happen again. #atwillemployment

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I'm not aware of anyone getting laid off in technology. Just bottom performers.

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Longest you’ve been benched and still kept your job? My first year at D I spent 8 months on the bench and am somehow still here...

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Struggling to plan long-term for my career. How did you manage waves of recessions and layoffs?

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My supervisors go from telling me that I'm valuable to making me think that I'm about to get fired...in a 24 hour period.

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Wood fired pizza is overrated. Any other place you'd be upset your food is burnt.

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A small part of me wish I would get laid off and be forced into freelancing so I can make 💰 💰 💰

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So are the layoffs at Deloitte over ?

Layoffs. Looks like it's our turn trimming the edges. Scary.

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Not getting promoted, on the bench now for a week and reluctant/unmotivated to get staffed b/c my utilization won't matter at this point for YE or next year. Can I chill or will I get in trouble?

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