Why have layoffs occurred at firms such as RSM and not Big Four? Serious question.

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All of these answers are missing that the middle market of industry is way more impacted than F500 right now. Large cap companies may be facing declining profits but by and large mid and small companies will face a much quicker and more severe liquidity crunch.

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What’s RSM?

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Ah, I’ve heard of McGladrey before...

They’re coming, don’t worry

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Not sure what you mean by respect D1. Everyone is expendale here

Big Four was really bloated with non sense. They were able to cut that first, followed by eliminating bonuses and perks. Next will be the layoffs.

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Nonsense still exists at Big4s - I dont think they will ever shed that.

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