Thread regarding Ernst & Young layoffs

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 about regretting downsizing after the last financial crisis. So maybe they’re serious about it. Of course if things are dire enough right now that’ll go out the window.

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Start laying off employees on work Visas first. This is extra ordinary time to stand behind US citizens and support the United States of America.

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