Heard that GT laid off 400 people about two weeks ago.
The company axed the entire forensic accounting group.
Layoffs in other areas, including partner levels.
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Brainwashing and lies.But what comes around goes around
CEO Preber and Senior Leadership Team is running amuck trying to shore up Earnings per Unit. The firm was hit hard by a sizable litigation judgment and the government shutdown in the fiscal year than ended on July 31, 2018. As such, they decided to axe not people but entire practices without considering the consequences. As a result morale has plummeted, especially in the future engine of the Firm - Advisory -and the brain exodus has began. Indeed, Advisory has long term client engagements it sold pre-layoffs that it will be difficult to service with the required resources. Very sad and a failure of leadership who cannot think past current year Earnings per Unit.
my mom was laid off - she was planning to quit anyhow (close to 60)
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good luck you all
Sorry to hear that.