What’s the situation at Kpmg? Just heard about the layoffs

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

I would say handled the most professional way I have seen layoffs handled. Quick and transparent process.

like

....sure, but we were all involved in the communications....

I would say they handled it well without causing lot of panic/stress. I agree yesterday was difficult for everyone especially next few hours after the lay-off announcement call. But that was over quickly. I don’t think leadership could have done anything better to communicate. I agree it’s tough for the folks who were let go. Hard to imagine their situation.

likehelpful

They did emphasize how those affected would be treated with respect and given any and all needed resources. Only wishing them the best

like

Does 1400 out of 32k really constitute a lay-off ? All professional services firms let go of people as part of an annual review cycle and 4% would be well below average for a wide variety of firms.

like

I mean Accenture and Deloitte were about 5% so yes this is in the same realm.

Something like 1400 people out of 32k across the various groups. 396 from advisory

Handled it a lot better than EY did

No layoffs they said then they layoff hundreds or even thousands over a long period of time with no end in sight so ppl live in fear and with stress

Related Posts

Hi everyone!! Got an offer from Healthplix, Bangalore based start up. Any thoughts on this?

like

Could anyone please tell me what will be the in-hand salary in IBM for this package

Post Photo
like

Does anyone here work at Cover Whale Insurance? They are a wholesale company and I’m wondering what the culture is like since it is a fairly new but quickly growing company.

like

Layoffs. Most big firms say they're sitting on a conservative pile of cash - which I believe is true - but work will obviously not return to pre-COVID levels in the short term, probably not even in the medium term. Are Biglaw layoffs coming?

likefunny

Hello everyone. I have 9 years of experience in iOS development. I have worked in swift, react native, reactjs, blockchain. Was working a product lead. Got laid off last week. Looking for an opportunity.
Thanks in advance!

like
like

Does anyone have an idea on compensation for JPM Wealth Management Division?

Associate
V. President
E. Director
Mgng. Director

like

Can we use Google for reference in Nagarro coding test?Is webcam on during test?

like

Boyfriend has seemed to be dropping a ton on me lately, even after I got bad news that my company is t doing so hot this week and layoffs are approaching. First it was that we may be moving to another state for his job, then it was that his brother may need to move in with us for a few months after he graduates

It’s just a bit overwhelming at this time and I’m not sure how to communicate through all of this being thrown at me. 3 yrs together and we were friends for many years before that.

like

How can I switch my project in Siemens?

It has been only 10months. As I am a .Net Core web developer they have assigned WPF project for me and I really don't have experience with the same , nor do I want to work in this technology.Siemens

like

Any tips for interviewing with Guidehouse for a data scientist position? I have an hour and a half video interview with 2 managing consultants and a director.

like

Any insight into EY’s IFCS practice? Thinking of applying to their open staff role from another firm, I’d be transferring out of audit.

like

Does EY pay for the CFE exam and Review course?

like

Final round of interviews for EY Parthenon Deal Tech end of week, any tips or suggestions? Appreciate any insight

like

When Ogletree announced its modified associate bonus I heard it also announced a one-time bonus for non-equity shareholders in addition to NES’ standard bonus program. Any insight if associates can also expect a one time bonus in addition to the standard bonus program?

like

Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

Can anyone please share working experiences till now working with Deloitte India? Deloitte Deloitte India

like

Hi, I am at 14 LPA. This is my first switch of my career. How much should I negotiate for an L4 level HR Partner role at Amazon? Is getting 20 LPA possible as per their hiring grid for L4 level?

like

More Posts

Everyone I needed final approvals from to get these expert retention agreements signed off has decided to ignore me on literally the day our disclosures are due.

like

There's a ton of self help and leadership books out there to help people in their careers. If there was one that was written front the lense of a public accounting, would you read it?

likehelpful

Does TechM employees get discounts on TechM cars?

Hi Fishes,

What will be my in-hand salary?
Can anyone help me with that?
Tech Mahindra
Tech Mahindra

Post Photo
like

Hi Fishes,
I have received an offer from Tech Mahindra
I would like to understand in hand salary that I will get according to the below salary structure .

Post Photo
like

Anyone know onboarding url for tech Mahindra and where can I find an offer letter.. yesterday i called HR for my offer letter status they said url is not working .. can i trust that statement or they put my offer on hold?

like

Hi -

So I got hired to build out the data function of my company. But I’ve noticed that there are certain leadership members that don’t seem to respect my function nor think data is that important. Has anybody faced this problem? Any advice?

funny

What's going on with polka dot? And does anyone know what I need to do if I have some?

like

Hi Fishes,
Salesforce making any change to the work location flexibility once offices are re-opened? Support roles are Hyd based why other locations cannot be utilised?

like

Anyone listening to the podcast “Dr. Death”? Both fascinating and horrifying...

like

Joining a group that specializes in incident response. Any recommendations on things I can do this summer to prepare on fundamentals/certs?

like

Looking for a Job as a Assistant Security manager,in Delhi/NCR

like

Is it mandatory to WFO for 3 days in TCS? And is it necessary to work from base location? If i work from open ODCs , can i just work from any tcs office in any state?

likehelpful

Have a speaker vs. headphone, which is better for virtual interview?

like

M/SM and above, why do you label a meeting as “touch point” or ask if you can have a “quick chat” when it’s something serious? Millennials like us always assume we’re about to get fired - I actually have been laid off in a meeting with that title. But at my new job, my boss asked for a “quick chat” to literally ask me to change the title of a meeting and then chat about christmas. Now that I’m in management, I want to understand it better.

like

How do you get badges around here?

like

Next time if someone brags on LinkedIn that they are Forbes 30 under 30 or some other sh$t like that, reply to them with this picture

Post Photo
likefunnysmarthelpful

What are the downsides of the BCG Expert Consulting track, if any?

like

Any suggestions for a winning white elephant gift?

like

Can anyone tell if someone is relocating to mumbai to join Morgan Stanley goregaon office were is initial accomodation provided and for how many days.
Also which apps or reference to look for the accomodation afterwards near by nirlon knowledge park goregaon East and preferred areas to stay nearby.

Additional Posts in Consulting

Any good travel tips for those of us who travel mon-thurs? New to this and looking for some advice before I get staffed.

like

Alvarez & Marsal When does recruiting start for 2023 FT undergrad campus hires for T2 firms?

Oliver Wyman L.E.K. Consulting AlixPartners Alvarez & Marsal EY-Parthenon Strategy& Kearney

like

What are the BCG ring fences and how is each one? Can you join any of them or are you required to do the one closest to your home office

like

is “as far as i know” commonly abbreviated to afaik?

like

Any recommendations for a work desk?
Not looking for something too big or pricey. Easy assembly / disassembly is a plus.
I see foldable desks going for $100. Any foldable standing desks out there?

like

Anyone can share entry level comp at ERM Group?

Do you and your spouse go to bed at the same time? If not, what’s your bed time routine for different bed times?

like

Any fellow fishbowl consultants staying at the Beverly Hilton and up for a drink or two?

like

Are the rumors about Deloitte acquiring BCG true???

like

Hi all! Does anyone work in EY Client Technology (particularly in the Canadian offices)? There is a new grad role that I am interested in and I would like to get to know more about the service line, work and role to see if I/the role would be a good fit.

like

Hi all,
I was made aware that I could work for consulting companies under a personal LLC and increase the pay received. My understanding is this is because I would have to pay my own insurance, benefits etc. Can anyone provide any additional details or literature on this?

like

Have a speaker vs. headphone, which is better for virtual interview?

like

M/SM and above, why do you label a meeting as “touch point” or ask if you can have a “quick chat” when it’s something serious? Millennials like us always assume we’re about to get fired - I actually have been laid off in a meeting with that title. But at my new job, my boss asked for a “quick chat” to literally ask me to change the title of a meeting and then chat about christmas. Now that I’m in management, I want to understand it better.

like

How do you get badges around here?

like

Next time if someone brags on LinkedIn that they are Forbes 30 under 30 or some other sh$t like that, reply to them with this picture

Post Photo
likefunnysmarthelpful

What are the downsides of the BCG Expert Consulting track, if any?

like

Any suggestions for a winning white elephant gift?

like

Are tax returns delayed this year? Filed electronically in early feb and both state a federal were accepted…have yet to hear back. When I check the “where’s my refund” IRS tool it just says “your return may be delayed”

like

I’m a manager in big 4 cyber practice compliance role making around $200k looking for exit opportunities. Google Compliance Program manager paying $285k is a wise move ? Pros n cons of moving ?

likehelpful

Strategy 🐠, I'm curious about your day-to-day, and overall work what you actually do. Can you share?
I do business transformation and change management, but I'm curious to get into that side.

Is the bulk of your work slide making and creating a story to tell executives? How much data crunching, or data analysis do you do? On a project, what do you spend your time doing? A lot of research? Interviews?
Sorry I genuinely don't know and would like to know if I would enjoy the day-to-day work

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