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

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I am a military Vet in Advisory/Cybersecurity that was let go due after coming back from military leave due to low utilization last week. This doesnt suprise me. If anyone wants to refer me please respond to my burner dm4444burner@gmail.com. Thanks

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@ PwC 14 - I wish I could go more into details, but my amazing attorney says confidentiality is key at this point. My attorney and PwC general counsel are in discussions.... and thanks, but I don't need luck, I'll be fine, actually more than fine :-) get some extra time with my baby! Already being "fast-tracked" through other firms recruiting processes...

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Recent IconRecent

They're coming

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I don't understand people who are like "I still haven't heard anything about my rating, salary, bonus, or continued employment with the firm despite those results becoming available a month ago. Should I do something?"

Yes! Email your RP. Email your coach. Email HR. Be proactive. Own your career.

This is a giant company that is focused on making money. You can complain about how people aren't feeding you your results, or you can understand that reality, play the game, and get results for yourself.

Not trying to be an a-hole, but for real: this is the single most important conversation you have every year. You should email your partner the moment they become available. There is absolutely no reason why you should be 2 weeks into july and still not know what your PY looked like.

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I think they just do this every year. Fuck em and chuck em!

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What group is having layoffs? I haven't heard anything about layoffs.

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Wow, it seems PwC will spend a lot of money on severance and law suits with this strategy

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Everyone upvote so we can make it to the top. People should know how F'd up this place is!

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Just PwC or will it be all Big 4? Have not heard of any yet at EY.

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I thought new FY already started and firing was done. Why is it continuing now?

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A lot of folks who did not get their H1B this year would also be leaving in the next 1 month . A friend of mine is leaving today due to visa issues even though she did very well in the CRTs

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emailed you PwC17

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@P21 Why are you using demand for staffing? That's your issue. Work your network rather than relying on the leftovers that demand learns about.

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Actually if we get laid off we keep our signing bonus...fired for cause would be a different story

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The tree of partner promotion must be refreshed from time to time with the blood of low performers and unpromotables....

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@S&2, I know a guy whose RP scheduled a post-CRT career outlook for June. Then at the last minute set up an informal chat a week before the scheduled career outlook meeting and laid him off. They aren't going to broadcast the fact that they are going to lay you off you know.

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Which practice/group?

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If they "right size" you out of the firm before oct 1, do they still give you your bonus? Technically you have to be employed by the firm to collect it, (as a retention mechanism) but if you are let go in advance, what happens?

Only looking for responses from people who have been in this position, not salty people who just love to shit on PWC.

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P5 you have to be employed at the time of bonus payout so if you leave before whether of your own volition or not, you get nothing.

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come to Deloitte PwC17. I'll email you shortly

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drop a burner PwC21 I can land you interviews in a week

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I was let go due to low utilization from returning from maternity leave, then getting removed from a project due to a surgery from pregnancy complication.....

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