Thread regarding Deloitte layoffs

I am about to start crying

Partners at Deloitte are in line for a 17 per cent pay cut after revenue growth slowed during the Covid-19 pandemic.

The 709 equity partners of Deloitte’s British arm will receive an average payment of £731,000 for the year to the end of May 2020, down from a record £882,000 in the previous financial year.

Equity partners take a share of profits instead of a salary. The firm’s distributable profit was £518 million, down 16 per cent on the £617 million previously.

The fall in profits came as the firm reported a 9.1 per cent increase in revenue to £4.3 billion.

by
| 3663 views | | 2 replies (last )
Post ID: @OP+17eJqQCg

2 replies (most recent on top)

Isn't it a pity.
All that dirty laundry.

by
|
Post ID: @1cou+17eJqQCg

Post a reply

: