what's the tea on Deloitte's layoffs?

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

So far they’ve only told advisory. Consulting was told in February that there would be performance-based separations to keep “high-performing” team culture as a warning for people to leave instead of be fired. I think they started chopping some higher-ups this month. Probably a blood bath after year-end financials

helpful

They are letting go some audit folks too. Some were held back from promotion and some just flat out got fired. 2nd years to seniors.

I read some aren’t getting their promotions as expected - is that the case with a few people or seems across the board?

Related Posts

One of my senior managers is a boomerang and told me she was laid off when she was 7 months pregnant about 10 years ago. I think she was a senior or manager. She was in a specific group and everybody was laid off. It wasn’t performance based.

Would you work at your company again if you were laid off?

like

S&P Global Is it wise to join S&P Global during recession time? Can we consider this company as recession proof. Any history on layoffs in the past ..

S&P Global

Are BAs comparatively safer than Dev’s when it comes to layoffs?

like

Who was around in 2008/2009 at big 4? Specifically in advisory? How were those practices affected during the layoffs? Any insight to ease some of the worry/unknown would be greatly appreciated.

likehelpful

Anyone expecting layoffs due to COVID-19? There’s an indefinite hiring freeze and most promotions and have been paused. 👀

like
like

So are the layoffs at Deloitte over ?

Blue shield of CA fired 375 people. Any other insurance companies having massive layoffs?

like

Can partners comment whether Pwc is having another round of layoffs. This is so scary! Shouldn't they rid of partners who can't sell first?! Or pause hiring? Opp. cost to find and train talent again?

like

What are the weirdest reasons you have heard for people being laid-off? I have heard someone getting laid off because they missed submitting their time-sheets for 3 times in a year.

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

Is it better to quit or get laid off? I know what to look for when being pushed out and with a combination of the work I don’t have and the work the firm seemingly doesn’t have, it just feels like a mess. I’ll note I have other job offers lined up because I felt uneasy here for a bit.

like

Newbie looking for cloud opportunity just got layoff.Was able to obtain a few AWS certification during my time at the firm. Any help can do

likehelpful

any telltale signs of layoffs in tiger?

like

Just read a LinkedIn post from someone who was laid off from Twitter. They mentioned how to had just spent the last week completing projects that should have taken several quarters to do. Then they were let go without a thought. Remember, your company is not your family.

likesmart

So what’s happening in the local shops? Layoffs? Hiring freezes?

I’ve been on the bench with J1 for about 3 months. I was worried that because I couldn’t find another project, I would get laid off so I found J2, which pays more, is very meeting heavy, but I really like. I’ve kept J1 because I’m still on the bench doing absolutely nothing and getting paid. Thinking about looking for a role on a project with J1 that’s not along my career path but will allow for me to do work with no calls so that I can manage both jobs. Does anyone have experience or advice?

like

Is Accenture canada expected to do layoffs?

like

Has anyone been able to negotiate anything extra or terms when being laid off?

like

More Posts

Bored of shopping on Mag Mile/ State Street...what are your favorite spots to shop? 25F and looking for cute casual wear, not just business!

like

Hey fishes,

I got an offer from a company below is the compensation layout. Can you all tell me what will be the in-hand salary per month, will it be 49k?
I can see that EPF for employer is also deducted from my salary so this is not correct based on the EPF Act, is there some other thing which is not correct in the given Annexure?

Thank you!

Post Photo
like

First time pregnant about 10weeks. Worried about exposure to Covid. We were at a wedding and most guests came down with Covid. Anyone heard about big risks to pregnancy this early on due to Covid?

like

What is the advantage of having a checking bank acct? I only have savings accts. Am I missing something?

I have been finding a number of providers that are in-network (UHC) but the surgery centers are out of network and I was told that I have to use in-network. Has anyone else encountered this problem? I'm not seeing how much use the benefit is when the most expensive part is out of network.

like

What are salary rates for an Art Director in NYC these days? $90k $80k?

like

Does the sf office have lockers?

smart

Anyone taken the Series 62? Difficulty ?

like

What's the most that you would pay for an off the rack suit?

like

My stress level is so high I'm seeing double.

like

I've been interviewing with another company for about a month. The whole process has been 3 interviews over a months time. I have been in my current role over 6+ years (as HR mgr) and it's very transactional and not very strategic. The new company wants someone to lead a team from a senior level (HR Director) - what advice do you have for taking the next step in my career? I'm likely going to take the offer if it comes.

like

I am looking to make a career change to HR. I currently make 75K as a sales and development coach. I had a recent offer for a state government position in a talent acquisition role but I’d be taking a $25K pay cut. I am extremely over qualified for the position but it could possibly be a stepping stone and gives me the time to acquire SHRM certifications and possibly start taking classes to get my MBA. My question is those currently in an HR role, would this move make sense to you?

like

Which one is better to join in terms of learning and work life balance.
Juniper networks or Salesforce.
Domain:- Salesforce developer.
Experience :- 5 Years.

like
like

Hello Guys, I am basically a mechanical graduate and works in an operation and management role with 4+ years experience. Due to my passion, seeking to study a PG diploma course in mobile and web development as an international student in Canada. Can you guys share your opinions and view.

like

I’ve been approached my by company that one of our large clients (who im currently project managing for) is looking for a consultant of sorts, and if they hire us, I’d be the first person asked to take on this consultant role. This isn’t something my company typically offers and would greatly change the scope of my role. Has anyone ever taken on a role like this? If so, were you able to negotiate a percentage of the consulting fee? Or was it a bump in salary during the project?

Korn Ferry, Russell Reynolds or Heidrick & Struggles? Which one is better and why?

like

What’s EY consulting like for first year BAP staff? I’ll be based in NYC if that helps...

like

I do general transactional work but really want to get into healthcare. How can I make this happen?

like

How much impact does a rejected L1B and not picked H1B have on a current L1A filing?

like

Additional Posts in Big 4 Gossip

Does anyone have a Workday cert?? I’m getting an offer from another co. that’s really good and I think Workday is hot right now.. Thoughts??

like

I work at KPMG and was told that I will not be promoted (from senior associate 2 to 3), but received pay rise as someone who was promoted. I am so proud person that immediately after knowing that I will not be promoted, I wrote resignation. What is your action plan in this case? Will you resign? And I am not afraid of being unemployed, I have some cash for such case.

like

Global Mobility practices PwC EY Deloitte KPMG Newco Which firm will lose partners this year and why do you think so? (Or do you know so)?

like

Audit manager here. Planning to talk to partner in charge about becoming a partner eventually. Any tips about what to ask?

like

I was on a partner/manager call today and they were discussing the “high” turnover at the senior and experienced associate level. What was shocking is that while ours is about double normal, evidently we are 3 out of 4 in turnover meaning 2 of the Big 4 are even higher.

like

For those who have gone from one big 4 to another…was it frowned upon by your superiors/looked at as a slap in the face, even if your intentions are to leave on good terms?

Is everyone excessively leaving at the Big 4 across the board or is it just PwC? Seems like everyone is leaving or searching.

likehelpful

Anyone have experience/background on Deloitte’s Controllership Advisory Practice?

like

Can you renegotiate salary when you do a rotation that requires you to have a license? Ex. Going from a position only needing a bachelors to being a lawyer

like

Anyone ever interview for Risk & advisory Analyst position at Deloitte? What kind of scenario questions can I expect? Any insights would be really helpful!

like

Anyone else heard the news of KPMG staffing 1,500 employees to work 6 pm to 6 am reviewing documentation for cares act SBA bailout loans? My thoughts are 1- admirable cause 2- I would hate to (cont’d)

like

Curious what the current Employee Referral Bonuses look like in B4 firms? As a smaller firm, our people are being inundated by recruiters, but also staff/seniors from B4 firms looking to poach, I assume because there is significant financial incentive. How good are the referral bonuses at your firm?

like

I work at pwc and I am a second year senior. Currently make 90k base in assurance New York metro. Curious what everyone else is making and whether that is up to par

like

I’m 25 years old, totally healthy, working from home. My parents want me to come visit for a few days given the uncertainty with the virus. Is it safe for me to visit? Both are 60 and in good health

like

I haven’t been at a B4 firm since 2018. Do you still require a professional certification to be promoted to Manager?

like
like

Do you know what today is, today is the day I am now allowed back to office as our vaccination requirement was dropped? I still can’t go to our office in NYC and possibly some other jurisdictions and we do need to follow client rules to visit them.
Have any of other Big 4 made changes?

like

I just stop breathing whenever I get a meeting invite. What is life

likehelpful

Anyone know how PWC Grand Cayman is culture/work-life is?

like

What is the one thing you would change about your firm if you could?

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