What's the current situation at Strategy&? Hearing there was recently a wave of layoffs

Strategy&

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Our performance reviews were this month. It’s the normal counseling out process. 5-10%. Layoffs and counseling out are very different.

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Enlighten me, then

Yes. Layoffs in Deals Strategy. Not sure about other groups, but wouldn’t be surprised. People who were laid off were given 0 heads up, no PIP, no indication at all. Were told to leave that day

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Also, S&3, strategy& does not do PIPs.

Yes, they fired me unexpectedly and gave a demonstrably false reason to justify it.

Go to EYP instead

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When did they do the layoffs??

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F

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That is what it means

F

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In which region?

Anyone have any info on to what extent the layoffs/counseling out is happening to Ms and above and when we would know if it is going to affect us? I am having trouble concentrating and reading into every communication and non-communication.

Not everyone's title on Fishbowl is accurate - people get promoted, they change jobs, etc. Thanks for the super helpful question though.

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What about healthcare?

Im a prime candidate to get laid off and I didnt 😂

Would these people be notified immediately following the reviews? Or later during discussions with RLs in November?

You’re notified the morning you’re fired

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