{ "media_type": "text", "post_content": "Which Big 4 has handled Layoff, Bonus, Hikes etc during Pandemic ( From March of this year till date). Also which Big 4 would be good Firm to join in future ? I am from Tech Consulting services , please vote.\n\n1. Pwc\n2. EY\n3. KPMG\n4. Deloitte", "post_id": "5f53cd8dd31d5100226c58f2", "reply_count": 28, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Which Big 4 has handled Layoff, Bonus, Hikes etc during Pandemic ( From March of this year till date). Also which Big 4 would be good Firm to join in future ? I am from Tech Consulting services , please vote. 1. Pwc 2. EY 3. KPMG 4. Deloitte

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5. None of the above

likefunnyhelpful

I’d imagine Deloitte is the best option as long as you don’t care about work culture

likefunny

PwC has been transparent the entire time and we weren’t hit as hard at the other 3. That said, we will have to see whether or not that hurts us in the long run.

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You really have to ask this at a country level as these firms operate as individual companies in each country. PwC US, for example, had a far stronger financial position and has avoided layoffs, while PwC Australia did not. There is usually limited options for these member firms to get bailed out by others.

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PwC + S& = GOAT

likeupliftingfunny

The ones that fired the most people and handled covid the "worst" is more likely to survive and have room for growth in the future.

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This certainly isn’t an absolute. I worked for a company in 2008 that cut a small amount amidst a cash crunch on the assumption that demand would come back quickly and they would leave money on the table if they trimmed too much. Demand was slow to do so, the company couldn’t take on debt to bridge the gap, and the whole company went under. Now, by no means do I expect Deloitte to go under. But it’s not a given that the situation is rosy either, or that there won’t need to be more cuts before a turnaround occurs - only senior management looking at the numbers knows that.

IBM didn’t do too bad I’d say

Weird flex, but ok.

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Too early to tell but tearing off the band-aid has actually been proven to be better for the patient but worse for the nurses. Similarly here, layoffs earlier are more favorable for the employee let go because they can look for and land opportunities before the market floods. For the employer it gives them more runway to adjust and respond.

Nope. Better for employees to give them a few months so they can look while employed, knowing they’ll lose their job soon. A sudden layoff doesn’t give the employee time to do this, so employee can only look while unemployed. False analogy on your part.

Look, I was laid off by D and 1. As much as D was toxic AF, I will have MANY good things to say about D until the day I die and 2. Their severance was generous and allowed me to start to healing process from the toxicity. My sev package was great and I overall had a great experience.

100%. I have treated this exactly like a toxic break-up. Trying to not let it tarnish future relationships/employers again too haha

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