Wait so if EY goes public will there be more layoffs than when it was private?

like
Posting as :
works at
You are currently posting as works at

Probably. You answer to shareholders now

like

More layoffs and more toxic environment. When you answer to shareholders it’s all about the bottom line!

likesmart

I just want to split from audit without going public 😫

like

I agree with you from our little people perspective but Won’t happen…..much bigger upside potential with an IPO.

like

When is the December vote?

like

There could potentially be more layoffs due to poor performance.

During years such as Covid, it was great that the firm took a stance and kept everyone employed. In typical years, I’d prefer to fire the low performers and re-allocate that funding to the high performers

Of course. It’s all a money in vs. money out equation. Rather than fire people due to Covid the firm removed the bonus pot.

Investors don’t care where the money comes from as long as it’s there.

Same as Accenture.

That’s my point

Related Posts

Anyone think Salesforce will have layoffs in the near future?

like

I think I’m going to be fired tomorrow morning and I am not even sad about it.

likehelpful

Hi Everyone

I see recently due to market demand there are raining jobs even for less than 10 yoe getting above 25 lpa is it safe for the job security in terms of long term serving the company ,am afraid of getting laid off in future whats your thought or advuce on this?

Hi,

Is this a good time to join HP? As they have recently announced 6000 layoffs in 2 years.

like

There have been surprising news with layoffs lately. Has anyone here been affected by the layoffs at Twitter or META?

like

I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

like

The partner in charge of my office had a nearly hour long conversation Tuesday with our new hire, behind closed doors. I didn’t hear yelling, but the bits I heard weren’t good. Will he be fired?

like

Hi Fishes

Please advice
I am currently working in TCS (11LPA 10 years Exp)

I have 2 offers in hand. TechM with 19LPA & DXC with 25 LPA (23L + 2L Variable)

DXC hired me for Indian client .My job profile on system admin. Work will be on Legacy Technology. Do I get chance to upgrade to cloud and shift to different Client

Most of the review on DXC is negative. How will be job security and work life balance. In most review I see "termination & layoffs." How is current situation in 2022
Thanks!

like

Tech company lay offs….are they soon to be inevitable?!

There is lots of companies really taking a hit in the tech space. Is this something that people are nervous about? Many seem to still be having a hiring push but with the button falling (IMO this is still just start we have a long way to go to bottom out) will that halt and layoffs ensue? And if so, which depts do you think will get hit the hardest?

Anyone have insight to what the plan is at UpStart for example?

like

Hi Fishes!!!
How is Coforge(previously known as NIIT Technologies) is for the Scrum master role on the basis of :
1. Work life balance.
2. Work nature.
3. No. Of teams handled by one Scrum Master.
4. Being Agile forum.
5. No. of reports and meetings for the agile forums not just teams.
6. Layoffs.

Please help me by answering as many pointers as you can.

Location is Noida.

Thank you.

like

I read to the kids a book that ended with a line like, "If it was a good story, start all over."I told the kids I really only did that once in my life regarding a book about a teacher going to teach in Africa. In reality it was about a missionary. I hid the name of it and what it really was about. In other instances I've also explained the meaning of life is to love sacrificialy without telling them the source. I feel guilty hiding the Truth. How do you speak the Truth without being fired?

like

December layoffs anywhere?

like

Hi everyone, my sister was fired from her job because her exemption from the vaccine got rejected. She has Director of Nursing experience as well as experience with case management and utilization review. Anyone know of any startups or tech companies that are remote and wouldn’t require a vaccination that are hiring for experienced nurses? Really appreciate the help! Any leads are welcome!

like

Is it safe to join PWC india at this point of time. Are we expecting any layoffs?

like

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

funny

Anyone know any biotechs/Pharma (ideally oncology-focused) that are looking for a VP (or even SD for the right TC) of BD/CorpDev and allowing for remote/travel models (if not Boston-based) or at least a Boston-based hybrid model? I know someone with good biotech/Pharma BD&L experience that is looking for a new role given the current biotech layoff scene. Feel free to share any company names with open roles or DM, if preferred.

Anybody else also having the layoffs anxiety already ? Any update/rumours about GL ?

like

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

Tax Senior here. I’m well liked around the office, I put in the hours and work hard, I haven’t had any dumpster fire projects, but I am a mediocre performer compared to my peers (not as strong project management, communication, not as confident). I just got told they’re firing me. Should I expect severance? Have other people been fired for similar? What did you do with your career?

like

More Posts

Any integrated producers looking for a full time job? San Diego based company looking for a integrated producer. Let me know if you’re interested!

like

Hi Has anyone made the switch from a bank to BIG 4. I currently work in Market risk and have few offers from Consulting firms.
What should be considered while deciding ?

Anyone in Big 4 health (payer) consulting practices have any insight in to current or upcoming openings for SM level roles?

like

Any Sydney-based golfing fish in the bowl?

Any1 who have joined recently or 6 months back...Could you pls confirm if Cognizant is that negative as discussed in many forum.
1)Howz the hike goes
2) Howz the culture especially in kolkata
3)Is this right time to join there...
4) Promotions

like

Transactional associate. Lateraled 6 months ago and one of the biggest pain points has been my new firm’s inclination to “hop on a call”, which of course requires every single stakeholder to join. The end result being every call has 25 people on it and nothing actually gets done because no one wants to ask a question that could come off as silly. It’s destroying my ability to get anything done during the day. It’s a complete performance and it drives me nuts.

like

Second year associate here who recently switched from litigation to corporate law. I am absolutely swamped while simultaneously having no idea what I’m doing ever and I’m feeling so burnt out. The partners are pretty great and feedback is constructive which I’m grateful for, but I’m so desperate for a compliment I’ve been saving any scrap of positivity in a folder 😭 it’s December 22 and I haven’t done my Christmas shopping because I don’t feel capable of thinking about it. I need a hug.

likeuplifting

I am looking for a referral as a Salesforce Senior Developer/Consultant with base location Kolkata, West Bengal. I have nearly 6.8 years of relevant Salesforce development experience.

Please let me know if there are any such opportunities.

Thanks.

like

Does Optum United health group UnitedHealth Group provides sponsorship for taking executive management courses?

Found a random engagement ring.

Hi all, so I found a platinum ring (which I assumed it's an engagement ring as it has dates and initials engraved on top.) And a Divvy tag (I have no idea what it was until I googled it. Apparently it's a bike sharing service in Chicago) in a briefcase I ordered online. I was thinking of returning the item back to the store but that wouldn't help the person who lost the ring. Attached is a picture of them.

What should I do now?

**I'm not in Chicago

Post Photo
like

Has anyone cheated on their partner, felt horrible from the guilt, confessed to them and then managed to still save the relationship? Or is cheating something no one gets over ever?

like

Trying to think of some places to leave Citi for. Already applied to JP and GS. Someone reached out to me today via LinkedIn after one of my posts of places I’m looking to relocate to and they recommended Capital One. Never even considered them. Anybody know anything about them? Good company to work for, good culture? Any negatives?

like

Does jpmc has probation period for grade 601,what is the possibility to loss job after it?

like

When discussing a first technical interview with a recruiter how much time do you ask them to give you for preparing for the interview?

helpful

Hi Folks, I have submitted the documents in last week 8 days ago for Test automation position. But still I didn't hear for further steps of HR round. I called HR, she said my docs are under review, they will get back to me. My question is what time it takes to release the offer for Persistent. Also anyone knows how is Accleriote BU at persistent, would be helpful for me. Thanks

What is the increment you got this cycle 2021-2022 in persistent

like

Top agencies to complete an internship in Detroit area?

like

Lesbian fish in LA or staffed on a project there? Dranks? 🥂

like

What is your socioeconomic background and how much NW do you consider “enough” to be able to live comfortably?

like

Additional Posts in Consulting

Is there anyone here that works for the same company as their SO? We do and both love where we work but during times like these almost feels more intense with the uncertainty.

like

Curious is anybody seeing layoffs in consulting? How busy are your cyber practices?

like

Received an offer from RSM as a supervisor. Coming from B4 not quite sure what the title entails (i.e., the difference between that and a manager). Currently a SA. Can someone from RSM explain? TIA!

like

I think I’m going to be fired tomorrow morning and I am not even sad about it.

likehelpful

Books to learn more about how to drive sales in consulting? Any recommendations?

likehelpful

Deloitte my S&A offer has 23 vacation days. Will I actually be able to use any of that? Does it count against my utilization? What’s the cultural expectation around using PTO?

funnylike

This job is miserable without travel.

likefunnyupliftingsmarthelpful

Deloitte folks - what's with the new structure? Is the monitor team pulling folks from S&O for staffing?

like

How much do partners at big 4 make on average? How bout MBB?

like

Looking to improve general communication skills (especially around structuring narrative/ key messages), any books/courses that you would recommend?

like

Anyone that has taken the AWS Cloud Practitioner certification recently, can u talk about the study materials that was most helpful and provide some tips on the test?

like

As someone with less than 2 yoe in consulting, is it a no brainer to always try to go for MBB?

like

Pro tip: Get hired in November for a free 6 week benchcation.

likefunnyhelpfulupliftingsmart

EY, I got my Roth IRA contributions set to max (30%). Does Fidelity automatically lower the % and stop contributions afterwards once I reach my 2022 limit?

Also at Deloitte, I had a couple thousand contributed in the beginning of the year. Does EY's 401k keep track of that as well towards the limit?

funnylike

All the Delta purple outfits look like they ran a size smaller than the old ones - attendants don’t look too comfy.

likeupliftingfunny

KPMG 🐠 , how long to hear back after final round partner interview?

like

My roommate just walked into my room without warning and no knock (and for a stupid reason too: looking for the cat). How do I politely ask not to do that? What if I was changing or something? that’s awkward

like

My Uber driver has a Tesla. Stories of the Uber driver having a nicer life then you. Go!

like

Does anyone else think that PwC allowing all US employees to work from home indefinitely is BS?

likefunny

Any Bain folk willing to connect?

Bain & Company

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal