Who in the consulting industry has announced layoffs yet?

likefunny
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You did

likefunny

I know. Who else?

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None. They are calling them out counseling due to performance reasons.

Still unclear if individual performance or firm performance.

likesmart

Booz said no one will be let go before July...which leads me to believe they’ll start laying off in July but who knows

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IBM

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Ibm did but not all might be gbs. Capgemini too. Rest are calling it performance

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No layoffs yet but if revenue doesn’t pick up by end of July they will start furloughing some consultants. Thankfully the pipeline looks good so that isn’t likely.

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It’s so nice that every agency laying off people, have those left standing (and other agencies) trying to hustle jobs for their unemployed friends, but there are also a ton of people who were unemployed prior to Covid...so no severance, job hunting lot longer, and not earning income for longer time...hurting even MORE due to quarantine.

likesmarthelpful

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likefunny

PROPOSAL: Can we start naming names with respects to layoffs, furloughs, and pay cuts? Knowledge is power, and the only ones who benefit from vague exchanges of info. are the employers. Thank you!

likehelpful

Wow...Massive layoffs at PwC continue. Just saw 3 of my colleagues get canned.

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