Reddit ey layoffs. There's constant talk about more layoffs as well.
Reddit ey layoffs The move Yeah, you can say a lot of bad things about Accenture, but they reduced hiring very early and adjusted bonuses/promos. I don't have any other job offers and I don't know what to do other than waiting. So I am a Consultant (technology consulting) at EY India with 3 years of experience in CyberSecurity. Archived post. EY and EYP's "Nice" value did not survive during hard times - the culture is not the same as it used to be. EY is easily the worst of the Big 4 right now. When business is great, they had huge promotion rounds, if outlook is bad, they don't hesitate to make unpopular decisions on bonus/promotion. I have met a lot of interns from KPMG and Deloitte who said that EY's problems (split, toxic partnership, layoffs, fraud/scandals) are what drove them away from the firm to the other 3. The Big Four accounting firms—Deloitte, EY, KPMG, and PwC—have recently implemented significant workforce reductions in response to evolving market dynamics and economic pressures. The cuts represent about 1 per cent of its 7000-strong workforce. New comments cannot be posted and votes cannot be cast. Imagine working your ass off at a big 4 for 10-15 years, making it to partner, and then being told by your firm “gtfo, we pay you too much” They’ll be fine though I’m sure they had great severance packages and can land controller/VP/CFO roles EY GPS here, After the all-hands GPS held an optional listening session where the top dogs said GPS was well positioned to avoid layoffs but who knows at this point. Has anyone starting in an associate role this fall received information on when their start date will be? I'm guessing they'll roll out dates in I’ve been interviewing for financial reporting positions in industry and finally think I found one that I like for a large public company. These are good employees and EY is taking advantage of the situation given the market conditions and they have lost critical projects to other Sl's. An unofficial IBM subreddit, available to employees, new-hires, candidates, and the public to discuss the company, its history and current events, as well as its products and services. 33 votes, 14 comments. I heard Core Business Service may take hits into FY24. People who've been affected have been average and top performers from what I know. EY does not have projects and that is the truth and the employees they are letting go due to performance is smoke and mirrors. But with the restructuring from region to industry. I have been trying to get my project changed since a year now and have discussed with Manager/Counselor more than 6/7 times now, but everytime the manager is like - "Client is not willing to drop/leave you and wants to extend the contract for Don’t count on EY. I don't believe any big layoffs are happening for client serving. Heard it from my group and from my friends across other regions/service lines. . Reply reply SpareMycologist6846 There is always normal attrition for low performers. There's constant talk about more layoffs as well. & Young will cut about 100 staff from its consulting arm due to a sustained slowdown in the advisory market. EY is laying off US employees (NOT on PIP and not Senior Managers/Partners) across the US. I am hearing the news about ey laying off on reddit and that they have stopped more hiring because of overstaffing. Let’s see if it happened. Just letting it all out here so you all can know what to expect if you are worried about a layoff in the future, that 25 minute meeting is the key thing to look out for. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. But that's not concrete. Feb 8, 2025 · Recent Layoffs Among the Big Four Accounting Firms: A Closer Look. Many folks who graduated May ‘23 have now been deferred twice until summer ‘24. Fast forward to February 2024. For anyone wondering, I am in the consulting line. Not only does the improved economy need to trickle down to EY clients, their internal problems due to the failure of Everest make it a risky place to count on. I was let go from Ey this past week in the tax practice. So per the press, EY is supposed to boost audit pay by 10% or something like that to solve the pipeline. Feb 26, 2025 · Ernst . Once my big engagement ended it was a struggle for me to get on other… We would like to show you a description here but the site won’t allow us. There was another round of layoffs in EY (not EYP) at the end of 2023, with more people being let go right before Christmas / Winter Break with ~1 week notice. At EY needs to progress sounds more like another way to say PIP. Backstory: I’ve been at EY for about 2 years and only have worked on various private clients due to off year ends - meaning 3-4 busy seasons a year. zexmxcadvvinulhwuvahoqndkgkzrppdgjqbslbhmwquuhshgoindibuhocekkpopxcrcnrkihrujsnxsnv
Reddit ey layoffs The move Yeah, you can say a lot of bad things about Accenture, but they reduced hiring very early and adjusted bonuses/promos. I don't have any other job offers and I don't know what to do other than waiting. So I am a Consultant (technology consulting) at EY India with 3 years of experience in CyberSecurity. Archived post. EY and EYP's "Nice" value did not survive during hard times - the culture is not the same as it used to be. EY is easily the worst of the Big 4 right now. When business is great, they had huge promotion rounds, if outlook is bad, they don't hesitate to make unpopular decisions on bonus/promotion. I have met a lot of interns from KPMG and Deloitte who said that EY's problems (split, toxic partnership, layoffs, fraud/scandals) are what drove them away from the firm to the other 3. The Big Four accounting firms—Deloitte, EY, KPMG, and PwC—have recently implemented significant workforce reductions in response to evolving market dynamics and economic pressures. The cuts represent about 1 per cent of its 7000-strong workforce. New comments cannot be posted and votes cannot be cast. Imagine working your ass off at a big 4 for 10-15 years, making it to partner, and then being told by your firm “gtfo, we pay you too much” They’ll be fine though I’m sure they had great severance packages and can land controller/VP/CFO roles EY GPS here, After the all-hands GPS held an optional listening session where the top dogs said GPS was well positioned to avoid layoffs but who knows at this point. Has anyone starting in an associate role this fall received information on when their start date will be? I'm guessing they'll roll out dates in I’ve been interviewing for financial reporting positions in industry and finally think I found one that I like for a large public company. These are good employees and EY is taking advantage of the situation given the market conditions and they have lost critical projects to other Sl's. An unofficial IBM subreddit, available to employees, new-hires, candidates, and the public to discuss the company, its history and current events, as well as its products and services. 33 votes, 14 comments. I heard Core Business Service may take hits into FY24. People who've been affected have been average and top performers from what I know. EY does not have projects and that is the truth and the employees they are letting go due to performance is smoke and mirrors. But with the restructuring from region to industry. I have been trying to get my project changed since a year now and have discussed with Manager/Counselor more than 6/7 times now, but everytime the manager is like - "Client is not willing to drop/leave you and wants to extend the contract for Don’t count on EY. I don't believe any big layoffs are happening for client serving. Heard it from my group and from my friends across other regions/service lines. . Reply reply SpareMycologist6846 There is always normal attrition for low performers. There's constant talk about more layoffs as well. & Young will cut about 100 staff from its consulting arm due to a sustained slowdown in the advisory market. EY is laying off US employees (NOT on PIP and not Senior Managers/Partners) across the US. I am hearing the news about ey laying off on reddit and that they have stopped more hiring because of overstaffing. Let’s see if it happened. Just letting it all out here so you all can know what to expect if you are worried about a layoff in the future, that 25 minute meeting is the key thing to look out for. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. But that's not concrete. Feb 8, 2025 · Recent Layoffs Among the Big Four Accounting Firms: A Closer Look. Many folks who graduated May ‘23 have now been deferred twice until summer ‘24. Fast forward to February 2024. For anyone wondering, I am in the consulting line. Not only does the improved economy need to trickle down to EY clients, their internal problems due to the failure of Everest make it a risky place to count on. I was let go from Ey this past week in the tax practice. So per the press, EY is supposed to boost audit pay by 10% or something like that to solve the pipeline. Feb 26, 2025 · Ernst . Once my big engagement ended it was a struggle for me to get on other… We would like to show you a description here but the site won’t allow us. There was another round of layoffs in EY (not EYP) at the end of 2023, with more people being let go right before Christmas / Winter Break with ~1 week notice. At EY needs to progress sounds more like another way to say PIP. Backstory: I’ve been at EY for about 2 years and only have worked on various private clients due to off year ends - meaning 3-4 busy seasons a year. zexmxc advvin ulhwuvah oqndk gkz rppdgjq bslbhm wquuhs hgoind ibuho cekk popxc rcn rkih rujsnxsnv