Topics regarding layoffs at Ernst & Young

Topics regarding layoffs at Ernst & Young

Partner

I’ve worked a while in tech and worked with lots of people from partners. I’ve had lots of great experiences and helped successfully achieve great results with these partners as we worked on mutual projects. I recently started working with my first... — read more 

Partner Cuts

Ernst & Young recently reduced their advisory partner count by 10% and strategy partners by 4%, resulting in the departure of 130 individuals earning $1 million or more annually. This translates to a significant $130 million reduction, highlighting... — read more 

Live to work culture

Someone needs to hear this: It's okay to quit! It's okay for this work culture not to be a good fit. Salary ÷ 52 ÷ average hours worked a week= hourly rate (Is it really worth it? ) No matter how short or long you say with the company... — read more 

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| 2048 views | | no replies yet
Post ID: @OP+1hojcQem

4 months in...

Four months in and I do not see what is so special about EY. Everyone is working crazy hours in hopes for bonuses and promotions. The higher you go up the ladder to more hours you spend working. Where is the work-life balance? What type of life are... — read more 

Workload is ridiculous

Our work/life balance has gone to he-l. After months, this is the first time I'll get to spend some quality time with my family for more than one day a week. It's ridiculous how much is expected of us lately. We used to be able to have a life, now... — read more 

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| 3410 views | | 3 replies (last December 2, 2022)
Post ID: @OP+1e0W8MOW

Question?

Is it unreasonable to ask someone from PT timezone to follow ET hours for 1 month during critical phase of the project? To be specific.. starting 9AM ET. Work day typically gets over at 6p ET or sooner sometimes, and this person makes it such a big... — read more 

EY layoff continue

100' of higher level, older, long time core business services employees were laid off effective today. Many of us are over 50 and had 25+ years of service with retirement in our sights. Just horrible, after being told in December lay offs were over... — read more 

We're all gone

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 

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| 5173 views | | 1 reply (February 12, 2021)
Post ID: @OP+19leEPSP

Final Day

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 

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| 7278 views | | 2 replies (last December 17, 2020)
Post ID: @OP+17ccQyDx

E&Y is a circus...

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 

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| 4217 views | | 1 reply (October 19, 2020)
Post ID: @OP+17cmAiBr

We can never be satisfied as long as any one of these employees is the victim of EY’s dishonesty!

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 

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| 3745 views | | 4 replies (last October 19, 2020)
Post ID: @OP+16UJJtr6

Ernst and Young Laying Off Great People and Keeping Their High Paid Partners Who do Little For The Partnership

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 

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| 4396 views | | 4 replies (last October 1, 2020)
Post ID: @OP+16RY6CIU

Retention

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 

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