Which firms are planning layoffs? Been hearing rumblings of publicly traded consulting firms starting efforts

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EY is still going strong and will be better once we can get rid of audit

funnylikesmart

I don’t give AF about brand and loyalty when the differences are so minuscule between firms. GIVE ME THE f*king money!!! 💰

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No layoffs In consulting

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Heard Deloitte is offshoring all ops.

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Sounds like something Deloitte would do

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What makes me nervous is that they will definitely want to remove upper management that have high pay, experienced hires who have a year or two, and make room for cheaper “talent”, fresh meat right out of college.

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I disagree about experienced hires. They’ll cut bait with any employees a) that aren’t performing well b) been on bench and c) have no value add aka little experience. That can be anyone (regardless of experienced hire or not). They’ll make it performance based so they get away with no severance

Heard KPMG is going out of business

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Nobody, don’t worry. There’s a labor shortage, and it looks like just a small dip. Covid was a once in a lifetime event and the layoff was only 4%, and then they were hiring like crazy to get more staff.

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Meta/FB laid off 11000 employees. Linkedin is full of these posts. Very sad & shocking to see this! Tough times ahead.

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

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More layoffs last week at Leo B. Seems they went after more Seniors & $alaries. Thank you France.

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So no real layoffs?

Hot take: if it’s actually a stealth layoff then everyone else got the same speech as you and outing the firm won’t identify you.

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Hi I got a 4 rating this year, in 2 parameters and in one parameter 3. Any danger of a potential layoff. Am a business analyst as societe Generalle GSC Bangalore

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Any layoff expected in bny ?

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If I get fired while on OPT without getting my H1-B stamped, is it useless or can it be used in future for some other job?

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We’re in such a vicious business. You give your heart & soul to an agency, a client, a brand. Then the wind changes & you’re laid off, reassigned, chewed up, spit out, on to the next. I’m tired.

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Should people be fired for lack of people skills?

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Does anyone from EY have insight on layoffs? I'm seeing horror stories from other firms but haven't heard anything about EY layoffs. (Manager, FSO-Advisory-Risk)

Vicious layoffs at HCB health.

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How is everyone feeling amidst these layoffs? Hope everyone is taking care of themselves!

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Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

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How did your agency handle layoffs? All-agency meeting before they started? After they ended? Both?

Kinda sorta trying to predict if I’m losing my job tomorrow.

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I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

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Just got laid off! Any lead Recruiter or Recruiting management opportunities looking for a recruiter with 10+ yrs of agency and in house tech recruiting?

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Heard ICIMS let go of 5% of their workforce today. Also heard that last week they acquired SkillSurvey.. must have cost a pretty penny.. better to keep the acquisitions going over keeping people employed

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Which one would you pick?

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likeupliftinghelpful

Hey 🐠 Fam! Moving to DC in 6 months. I’m an org development and effectiveness consultant for a mid-size firm. Would love to get introduced to firms that do similar work. Message me for LinkedIn info

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Hi guys , I am fresher joined last year and have 2yr bond but I got put into performance improvement plan (pip) is there a chance of them removing me from company? I have been doing fairly well in company.

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If I just chill on the bench for long will I still only get fired at the end of the year?

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Feeling guilty about leaving my team/company even though the opportunity I’m going to is great in terms of salary increase and career progression. Has anyone felt the same and how did you get over it?

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When you hear that staff 1s we're just laid off... 😳

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likeupliftingfunny

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likefunny

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