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I know a couple of people who left EY PAS in the last year, so I’m leaning towards turnover
Toxic workplace with bad culture
Not necessarily a toxic culture, but one that is very demanding and upward momentum is slow when compared to other service lines. There has been a lot of turnover among more seasoned consultants and lots of hiring of new consulting talent to fill the gaps. Business is growing, but a lot of learning from upper management on how to manage people (kind of ironic considering the services provided).
Turnover due to various reasons
Plenty of work out there, and also a wave of people left following bonus payouts.. not just PAS problem.