And if not, how worried should we be we are next?
Topics regarding layoffs at Deloitte Consulting
There you have it...
I got the pink slip at big D. The partners try to convince the employees hard that this is a yearly pruning process and that the firm does it every year but usually its a staggered pruning. One employee every month or so. This year, the difference... — read more
In progress... 5% across-the-board Deloitte US headcount reduction, effective early June. This is average; some practices will be hit much harder than others based on market projections. Affecting up to level of Partner (presumably they will be... — read more
Layoffs are happening, if you dont trust me - ask around... Also they are putting folks on PIP without valid reason - it's a soft layoff - they are pushing people out by doing this - folks freak out and jet. This is subtle but it does miracles for... — read more
Deloitte Canada: laying off approx 400 from consulting workforce (year end pruning but also citing reduced demand); employees strongly (read obsessively) encouraged to take “voluntary” reduced work/reduced pay 20/30/50 %; staff is having to spend all... — read more
Performance-based layoffs to begin in July, already 400 Deloitte consulting layoffs in Canada.
Our COO mentioned in the COVID-19 update call that they will consider layoff and furlough after performance review (results usually come out in June). All I got from my practice lead was that we’re doing better than expected from the client... — read more
Deloitte's overall utilization rate dropped from about 71% in the last week of March to about 66% in the first two weeks of April... The target was set to 72%. Audit / assurance did fine, with a utilization rate of 78%. Consulting hit 68% in... — read more
Great job, EY for taking the lead on deciding no workforce reduction. Deloitte and others, let’s do what’s right and humane. People can very well do WITHOUT BONUSES AND RAISES
Honestly, I doubt it (on the consulting side). There are some things you can do remotely, but I think clients will have hard time shelling out big bucks if you cannot be present. I may be paranoid, but I do not see this resolving in 10 weeks and the... — read more
Deloitte will be announcing a large reduction in staffing in the next two weeks due to the coronavirus. The layoffs will impact all service lines and management levels and will be mainly concentrated on the US Consulting business. The number is still... — read more
Things will get much worse. It's getting really ugly and I think everyone will stop buying consulting. BTW, what's our severance policy nowadays.
In Deloitte USDC Lake mary florida , past week 15 people were laid off stating reason that they are on bench and not in an project
about 100 folks axed. happy q4...
Not sure where to ask, maybe here... Got an offer from Deloitte, chime in on #s, got zero responses on reddit... Manager - Deloitte Salesforce practice Comp: $170K USD / year plus bonus (was given a 0 to 24% range) Any thoughts? — read more
large layoff in India about to start- Imminent ban on Deloitte due to support corruption Million pensioners affected due to Deloitte irresponsible audit and evil practice in the audit of IL&FS. — read more
I was hired by Deloiite and within a year they laid off. The only project they put me was in a different technology for which no time, no training, no advance prep was provided. Obviously then performance gets affected and pressure on the project was... — read more
Things are picking up again, we had a ton of people on the bench - now, let's hope things do not go south again in three weeks.
What's the impact and when will things pick up. What are your thoughts. — read more
Hi everyone, Recently i heard that Deloitte will acquire a new company that are based on providing IT Security Consulting. How true is this, do we need to gear up for a new round of layoffs due to this? — read more
Here is a quick question: How much does a pricipal in Delotte make, on average? Not sure who can chime in but we'd probably want to break down the number by: Geography Practice/Industry Level Anything else? OK, chime in if you have any info... — read more
People being laid off and replaced with cheaper H1Bs employees
Deloitte gives an illusion that IT demand is healthy in their offices by advertising large nunber of job openings but in reality their market share is rapidly declining since salaries are very very low and Deloitte has many many ongoing layoffs at... — read more
working conditions nearing slavery standards in India offices in the name of productivity and efficiency
Are they done with layoffs for this year? Or should we still be concerned? There is a ton of anxiety.
YE Utilization of @70%, 2 PE's with both rated 2.. average firm activities for this fiscal.. assigned year end rating of 4.. "inconsistent performance" as conveyed by the PPD over the phone. Historically, my year end ratings last few years... — read more
What really bites is that the P/D from your network doesn't even try to give you a call or heads up. The P/D who does sit down with you gives some boilerplate speech, which mines talked about being on a PIP, which I was def not. I got laid off last... — read more
It looks like a cleaning house operation where they are trying to remove excess due to a low number of new US projects. From what I hear 95% of the PRD staff was removed yesterday. That's work not to a billable client but to an improvement in the... — read more
I've heard of multiple levels being affected by the cuts - One in the BA/C range and one in the M/SM range.
So, yeah, it happened to me. I was in what I understand was a second wave of layoffs, and the Partner and HR rep doing mine indicated they had been at it a while. I know it is happening in S&O, it seems mainly Public Sector. The market has been super... — read more
They are not laying off Deloitte employees in Camp Hill but they are laying off contractors
Deloitte Consulting's USDC Orlando (Lake Mary) office has begun its terminations/layoffs after hiring binge of ~1,000 IT staffs to purge the excess fat.
Anyone else heard anything?
Anybody has more info on this, I heard that there might be some layoffs in Houston in Jan/Feb 2015 timeframe.