{ "media_type": "image", "post_content": "That’s going to leave a mark - 25k job cuts globally @ ACN\n\nhttps://www.dailymail.co.uk/news/article-8660159/Hundreds-Australian-jobs-risk-Accenture-slashes-workforce.html", "post_id": "5f45033e8ad302001a0609ad", "reply_count": 13, "vote_count": 5, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }
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Lol why do I always see Australia articles posted on here with the most insane news about consulting firms

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I actually thought the same. Are you also from Australia OP?

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I can’t get my head around 500K people as a baseline.

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ACN folks - any insight on US market specifically?

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D2, great question. This has been both across MC and strategy. However, I'll add that I only know of very few cases where strategy folks have gotten canned so far. We're all just kinda waiting for the other shoe to drop

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Are Deloitte layoffs over after tomorrow? S&O just let go 10-15% of the work force. More to come?

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Was the head of kpmg audit in the us really fired?

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Been laid off for sometime now, I'm worried about getting a job in this market now especially with all the pandemic surrounding us.

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Would you choose an investment job at a private, partner-owned long only fund where you’re guaranteed to never lose your job& can be a multimillionaire; or at a very top L/S HF where the bottom performers are fired each year, but you could make multimillions in a good year? Another related q, would you forego the offer at the first place to potentially get the offer at the second place, knowing it’s very competitive? Assume you’re target background, at another top fund, good work ethics

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Is it easy to go in other big4s right away after being laid off? Has anyone been laid off and then gotten into another big4?

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Hey fishes - I got laid off from my FT job which in a way was a blessing, bc I’ve been wanting to go freelance for years. I’ve been interviewing like crazy since Nov., but nothing has stuck. How long did it take for you to get your first contract? Any tips for getting into the freelance life?

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My wife got laid off by her employer a couple weeks ago but her severance package is for 3 months. It would be as if she was still employed until May. Should I report this as a life event now or wait?

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My day has arrived. Today, I, a Tech Advisory Consultant, was smacked by a surprise afternoon layoff call. I was assured my PA review was nowhere near bottom 5%, but the machine of Accenture has inscrutable ways of determining High Performance. All ends are beginnings,

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Fired from big law and still unemployed 8 months out. I’m a mid level transactional associate. Is my legal career over?

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One teacher is actively trying to get another teacher fired. She’s gone to the principal, higher up, w/all sorts of unfounded complaints. Is there anything that can be done? Legally? HR? Union?

likehelpful

So what does it take to get fired, I've made a couple large mistakes.

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How many weeks severance do u get if you're fired vs laid off? I've heard 1 week per year if you're laid off and no severance if you're fired... Am I right?

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For those who have been laid off - have any of you thought or actively tried to pivot into a new career/field?

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Why isn’t there a public accountants union? At least even at the staff level. These layoffs were handled like a group of unchecked overlords are expected to.

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Acknowledging that this is a sensitive topic, what are thoughts on layoffs in the current climate? Firm initially mentioned no planned layoffs, but has begun recently. Benched for abut a week at this point, but I assume this is a sensitive topic for us all... Any thoughts?

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What's up with all of the Deloitte S&O layoffs? So far they have all claimed to be performance related, but there seems to be too many. Anyone know what's up?

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The Euros are going to get me fired...what an afternoon!!

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Somewhat of a recent hire - how hard is it to transfer into a different practice in consulting? Will I get fired for asking?

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If you were to be laid off or fired today. How long do you think it take the average person to find a née job?

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Got laid off. Happy Monday!

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Additional Posts

Got a call from a recruiter at Alvarez & Marsal. Anyone knows their culture?

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Got staffed onto a DD a week prior to the birth of my first child, how's your Tuesday fellow FBers

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I got reached out to about a VC role, but I had never considered VC before. I do Product Management Consulting, but I do have both an undergrad business education and product design experience. What books / articles / sources do you reccommend if I want to learn more about VC? If you have worked in VC, what thoughts or advice would you want to share? Thanks for any info or advice you can share!

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Anyone go from boutique > independent > MBB? Or does it make more sense to straight from independent to industry? Independent right now, commercial pharma space.

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Fish community! Looking for freelance consulting / advisory help: Building a healthcare / technology / combo product / service line for sale to city governments / police departments. Anyone have experience with selling to city / county / police and can help with the intricacies of the sales process (and introductions) perhaps? What’s an example of a comparable so we can find the right person for this engagement? Could consider a contract-to-hire role for the right profile. TIA!

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I rolled off a project and after 3 weeks they staffed me back. Just the thought of going back gave me a headache and a knot in my stomach :(. Just wanted to vent.

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When you’re expecting an important email: 1. Refresh, refresh, refresh 2. 1 notification! 3. “Save 20% Hilton Detroit” -_______________-

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Apple Watch owners: why do you have an Apple Watch? What are the benefits/downsides and is it worth it? From what I read, it seems mostly beneficial to track health like a Fitbit?

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I have a H1B visa (valid until Sep 2022) but I recently quit my job in the US and moved to Canada on PR. I’m currently planning a trip with a flight stop in NYC. Do I need to apply for a C visa to transit through the US or am I good since my H1 visa is valid?

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Amazing leaders, I have been facing some resistance from our offshore offices and need some guidance. Context, I am an Indian and been working in US and Basel for many years now. My offshore office in India is all men (similar to my US and Singapore office), however the moment they realize I am Indian, their attitude towards me changes drastically. For example, the team leader in India office (also 10 years older to me) in a global conference call said that the project needs more experience cont

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Hi! I am on L1 visa and applied for i-131/765/485 early in the year as a dependent. Can I stay in the U.S. lawfully if I quit my job and lose L1 status before the approval of EAD/GC given I have a pending change of status application? I will soon talk to an immigration lawyer, just wondering if anyone has heard a similar case before.

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Does anyone have a good resume example for someone trying to break into a financial analyst role from pwc assurance?

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Let's cool it with the layoff threads team. Consulting is up or out and the business model depends on 15-20% churn to work. Unless you're seeing 1 in 5 people quitting expect some firings every year

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I have a phone interview for a position that doesn’t have a clear average salary but I have an idea of what their cap is. If I’m asked about salary requirements, is it bad to give a range cont

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Help me to choose between the following 2 options EY GDS : Home location Kolkata + x lpa Fixed + 50k joining bonus + 70k variable pay for developer role Microsoft : Hyderabad Location + (x+1.5) lpa Fixed + 2 lacs joining bonus + 2.9 lpa variable pay + stock for Azure Support Engineer role Thanks in advance.

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Please can anyone tell me my in hand-salary and areas where I can save taxes. Thanks

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Just started a new job and after doing some research found out they do not offer a Roth 401k. My choices are limited to a traditional 401k or After-Tax Contributions. After speaking with a friend who’s a CFP, he suggested I contribute only to the After-Tax, but I wanted to validate that advice here. If it helps I’m 24 and my current base is around 110k. Thanks in advance!

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Fellow fishes! It’s time i start caring about my retirement. Let’s say TC is 225k. I am 31 years old. Should I have both a 401K and IRA? And, which should be traditional and which should be Roth? Appreciate all love and insight/guidance and explanations ❤️.

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I applied for Chase Reserve credit card but was denied for insufficient credit history (3 years). Any other great travel credit cards I may have a better shot with? Thanks!

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@Accenture can you please fix the SPG App it's driving me bananas 🍌

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