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Anyone worried about layoffs?
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Hello fishes, YEO total 7(5 in SAP FICO+2 in Accounting) Currently consultant in Deloitte USI fix CTC 16.8 Got offer from PWC AC Bangalore fix CTC 24 for SA 2.
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Q2- offered post SA 2 what is 2 means here? Pwc AC PwC
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That’s like layoff #5. Mostly talent acquisition and shared services folks (HR, TA). A lot of great folks I’ve worked with were impacted. So definitely not performance-based
Layoff 1 - dec 2022, layoff 2 - June 2023, layoff 3 - April 2024. Banking and PXEL hit hardest this time, but every practice was affected. Shared services was also affected but wasn’t hit as hard this time because the previous layoff cleared 30% of all shared services employees. Majority this time was the line. Also worth noting, a lot of senior people were included this time (SM, Director+).
Third in the last 2 years.
I’ve been here longer than two years so maybe I’m used to the continuous layoffs
Yeah definitely 3rd, true layoff in last two years
PXEL and Provider were hit pretty hard