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 

Enterprise Technology layoffs

EY Enterprise Technology, which is part of EY Global (UK), has released 500 resources in the US and other High-cost locations. Any roles to be filed will be out of their low-cost centers in India or Argentina

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| 701 views | | 1 reply (February 1, 2024)
Post ID: @OP+1qI5nX9y

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 

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 

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| 1493 views | | 5 replies (last January 23, 2024)
Post ID: @OP+1q2JW9FH

More Layoffs Announced

This thread is to discuss the recent layoffs ensuing virtually across the board. Was this avoidable? How do we feel about how the now-canceled splitting of the company was handled?

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| 2289 views | | 1 reply (April 17, 2023)
Post ID: @OP+1mbXNeNu

EY Layoff 2033

EY is starting to layoff employees in the US if your not billable on a project and they need to cut cost to make the numbers.

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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| 3460 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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| 5229 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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| 7340 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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| 4368 views | | 1 reply (October 19, 2020)
Post ID: @OP+17cmAiBr

EY has been amazing during COVID

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 

Response to Vitrinna

Response to Vitrinna. I think the comment only reflects her ignorance about the subject. It is true that the firms need to cut costs and E&Y is not an exception. But I think what most participants are voicing here is that E&Y is not what it portrays... — read more 

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| 2130 views | | 1 reply (August 29, 2020)
Post ID: @OP+3HrOaUu

Partner Layoffs at EY

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...

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 

EY Layoffs during Covid-19

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.

Federal Practice / Government

Do you think there will be layoffs if another Shutdown hits in 3 weeks? How many people will be laid off by E&Y?

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| 2644 views | | 2 replies (last March 23, 2020)
Post ID: @OP+XnPKIXT

Are you still hiring at E&Y...

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 

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| 3940 views | | 2 replies (last December 9, 2016)
Post ID: @OP+JVPXX5L

IT Layoffs

More outsourcing of technical support staff to low wage countries underway or coming soon.

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| 2911 views | | 5 replies (last November 6, 2015)
Post ID: @OP+DpT3046

How much do partners at EY make?

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.

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| 5246 views | | 3 replies (last November 6, 2015)
Post ID: @OP+wieT2pd

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