Who gets laid off? Primarily low performers? Are 1st/2nd years usually safer than seniors since they're more affordable? What's your take?

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Other than 1s and 2s, I would expect senior managers to be the next group with lay offs; especially ones who do not bring in substantial new business.

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Staff def aren't safer, if anything they're more expendable since you're so new. People in NYC office that were laid off were mostly low performers (1/2 ratings) and weren't going to be promoted to the next level. No one wanted these people on their teams anyways.

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Nope - no layoffs at all in my office. The West has been pretty calm :) I'm just concerned because of the impending recession in the next couple of years and because EY is over hiring in my opinion

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Have there been layoffs in your office OP? I haven't heard of any EY lay offs in Chicago (yet)

It's a formula of politics and potential (utilization at the lower levels and sales at the higher levels). Note I put politics first. When I was laid off in round two or more than two, the first round were the unliked

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Curious if any MBB folks can shed light on current hiring environment. Undergrad campus hire at Deloitte S&O recently laid off in the COVID cost cutting wave after 2 years. Disappointed, but grateful for some freedom to explore here! Primarily looking at industry/corp strat jobs since consulting in general has been hit so hard, but considering applying to Big 3. Have heard from a few MBB friends that new hires with offers aren’t starting till end of year. Any chance of a lateral move right now?

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Anyone laid off from Deloitte been getting interviews? (Not for tech roles but more finance) im getting traction from head hunters but not much from firm website applications

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are layoffs happening in Deloitte only or other big4 has same trend

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Has anyone been fired in their first year in PA? What did you do afterwards to be successful?

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@pwc which verticals being hardest hit by layoffs?

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I’m in my mid-40s with a 7 year old and baby. Is it too late for me to back into public accounting? I was laid off last year and found a great job in a large bank. I miss the flexibility, challenge and rigor of PA. I would love your opinions. Has the ship sailed for me in PA? If I go back I would be an experienced senior; maybe, a year or so from manager.

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Inspired by another thread- has anyone reported something and ended up taking a severance/ signing an NDA? What was your experience?

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Do we get a severance package if we quit? Or is it only if you're fired?

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Would sneezing on a Partner by accident get you fired? Asking for a friend.

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Is this the week I get laid off?

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What is the EY severance package ?

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What's the best way to get backing into consulting after getting laid off due to downsizing?

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