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Honestly surprised that Deloitte's rep didn't get smashed from last year. All the firms made some tough decisions, but Deloitte's decisions just didn't sit right with me (as an outsider).
Was it as bad as the afr made it out to be? Sounded like they spread losses across all employees at the firm with minimal impact to the partners.
If you own a business (ie partners) the losses are part of the risk you take on. It's not right to ask your employees to shoulder that burden while you're still making profits
Pro
A1, the rep is smashed, trust me. They socialised the losses, privatised the profits, then pretended like it was nothing.
I was there. Saw many a friend (incl those on sold work in key areas of growth and demand) let go (after we'd all been asked to take a pay cut to avoid just that outcome) and now Deloitte is scrambling for talent while still refusing to up their salaries to meet the market. Just ask everyone still there what a joke the purported "market adjustment" was.
I left not long after the great cull of 2020 and in the last year have landed at ACN on a significantly higher comp.
So any Deloitte fishes on the fence re your future at that place, feel free to hit this former colleague up for a referral.
I think a lot of good talent has already left...