EY has eliminated the entire ESS. We where all invited to a town hall. Some were offered early retirement, And the rest have been sold off to another company. With "guaranteed 12 months employment" whatever that means. It just sounds like they want... — read more
Topics regarding layoffs at Ernst & Young
He seemed to imply that layoffs would not happen this calendar year (till Dec 31st) but next calendar year (from Jan 1 onward) the current layoff... — read more
Today is my final day after exactly one year as a manager at EY. During my “Performance Discussion” the script that was read said that I was substantially below expectations for my grade. However I had not received any negative feedback, and had not... — read more
https://www.goingconcern.com/layoff-watch-20-apparently-doomsday-for-some-ey/ CPA EXAM CAREER JOBS PARTNERS CORNER OPEN ITEMS LATEST E&Y SEPTEMBER 23, 2020 Layoff Watch ’20: Apparently It’s Doomsday for Some at EY (UPDATE) by JASON... — read more
Integrity and honesty are the foundations of public accounting. With great trust, the public and the Securities and Exchange Commission rely upon the information provided by accounting firms. An accounting firm thus holds substantial responsibilities... — read more
How much longer will clients be willing to pay longtime Partners their $1m-$2m salaries at EY who no longer deliver any value? Time for the good old boys and girls club to be sent packing. It’s the delivery staff who brings value to the clients.The... — read more
I know there'll be more layoffs today, any ideas on when we will be done?
People are getting pulled from revenue-generating projects in a major layoff commencing 9/1/20.
And budgets are being cut
Recently promoted to staff 2 layer off for performance reasons with no documentation.
Last week EY NA started laying off people for non-performance reasons. Heard this directly from HR person in company who is pretty disgusted. First it was newly hired and underperforming partners. (One partner had left PwC just a few months ago to... — read more
Soon layoffs and transfers in Hong Kong
It has started and will happen soon.
No layoffs no cuts to wages but they did a hiring freeze, said not to expect bonuses, are still moving ahead with planned promotions, offered voluntary temporary partially paid leave for families to manage the burdens of virtual remote work and... — read more
Jobs are being moved to offshores? Protecting US citizens employees should be prioritized over employees with work Visas.
EY has suspended all separations until July so we’ve at least got a month before heads start rolling. Unless they change their minds of course. My impression is that they view retention as a good strategy for when the market rebounds. They talk... — read more
Just saying, top heavy...
EY has started to lay-offs as a result of the Covid-19 pandemic. They are offering severance and placement services to help soften the blow.
There is a layoff happening right now, they are laying off partners but they are keeping it hush hush for now. Oh, well... Good old EY...
Do you think there will be layoffs if another Shutdown hits in 3 weeks? How many people will be laid off by E&Y?
Where can I find more info. Thank you for your help.
Anyone heard buzz about layoffs and/or offshoring of Exec Assts in the DC Metro area?
Where can I find this info on career levels. USA only.
Why no posts on this? This has been going on for a while and it's affecting EY UK. Who has a list of people affected and how big was the impact?
Anyone has more info on this?
Please red this: http://www.michaelwest.com.au/oligarchs-of-the-treasure-islands/ OK, feel bad now.
Not an E&Y layoff related topic - here it goes anyway... It has been over 4 weeks since my in-person interview, the internal recruiter told me the team was "excited" to bring me on, and yet... no offer sight. Has anyone actually gotten hired after... — read more
They are currently replacing older US, UK, CA workers with younger, less expensive foreign remote workers. (Indian, Mexico, Manila). It's their 2020 strategy to save a dollar. The headquarters was moved out of the US a few years ago. It was thought... — read more
More outsourcing of technical support staff to low wage countries underway or coming soon.
Just curious, it's a big deal to become partner - do you really get rich once you make a partner. I am still in school but I am considering a career in Public Accounting.
Do you guys have any info about planned office closures in Canada? I heard that some offices might be consolidating and wanted to see if anyone has more info.
Just warning you all, if you work as a contract employee, one NE branch fires contract employees inorder to promote or hire friends of the manager. Without warning and without cause.
Anybody has a list with sample salaries for different E&Y positions here in UK?
what is the average severance pay we can receive - does it vary by level? what about Tax managers in the US (West)?
Is this defined - does tenure play a role?
Is there any solid source of info on E&Y salaries? I've tried Glassdoor but numbers are all over the place. I am interested in Analyst, Consultant, Manager and Partner compensation levels in the West - total package, so Salary, Bonus, Stock Grants — read more
hundreds, thousands? i am interested in both audit and consulting sides
not and e&y info but i am assuming things are similar - i am with deloitte, new manager, sap practice (FICO) and i make around 135K, i am located in california, while this is deloitte specific it is also dependent on geography and your skill set... — read more
I heard that on the audit side partners take home around ₤600,000 - I'd assume this an average compensation. Hang in there for a few years and you are set.