To the Partners in the bowl - do you legally own shares in Vialto ? Or are you just employees now

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The only way to make anyone stay is if they give options for a IPO or a sale event to both staff and partners. Something tells me vialto has a play book that requires us to lose about 50 percent of head count. They will also reduce rent and overhead costs by atleast 50 percent. Those who survive these changes and also a possible trim the fat exercise sometime next year after the retention bonus is paid out may receive options but I feel most of us able bodied below 50 souls will be long gone. In a way, the snake needs a new skin. We are all too stuck on the PWC upbringing and also the fake promises from partners about everything being the same but better.

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No doubt that for a PE firm the goal is to automate / offshore everything as far as possible and then shrink headcount to the minimum feasible level prior to sale. Will be interesting to see the impact the EY separation has if it goes ahead as that removes a USP for Vialto (no audit division conflicts).

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I am not a partner but when I asked one on my team he said he is not a partner in anything anymore. It’s just a title.

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