Will EY GDS be part of NewCo or AssuranceCo. How will it effect brand and us?EY

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- New co employee should ideally get a severance package since our tenure will reset, and our gratuity will be settled (if completed 4years ,240 days)
- All offices will be retained by EY, and new co will open new office locations in SEZ Locations
- Newco folks will get revised offer letter, new GPN, ID cards

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I am just curious on what happened to IBM. Before the split does IBM also provide auditing service?..

Ey gds will be also split into newco and assureco. After split that will be assureco gds and newco gds

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So newco won't have brandname EY

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No. Newco will not have ey brandname

What a shet name NewCo

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Chutia 🤣🤣

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If you are in tech consulting you will be in newco

helpful

Most probably NewCo

Bhai..Suppose you are a Data engineer in EY india.. are you going to be ..Newco now ?

yes

When this going to happen

So if you are in audit team, you will be part of assure co, isn't that right? Also someone mentioned about issuing new offer letter? Are you telling me that they are going to reduce our salary? Bro, now i am only earning 25k pm. If they reduce that even further, i don't think working for ey or assure co is worth the effort that we put in for such a small salary.

Dont worry , Salary will not be reduced. The new offer letter will have New Company name .For IBM folks at time of split,new offer letter with same compensation was given to sign ;just the company name was Kyndryl

EY GDS will be NewCo without Brandname .Same as Kyndryl for IBM. (No Brand Name)

EY GDS also have assurance service line. That will be part of AssureCo. Consulting is the NewCo.

How about tax line ?

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