Do the math! Redundancy costs and also staff decreases are in the notices. If you average it out it’s a lot more than most people are getting. What gives? Obviously there are a few people who are getting paid out a big fat wad of cash while most of the rest are getting paid peanuts.
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@29w that is cracked! Which team were they on?
The other day we were talking about this, and one of my colleagues said that on a team they deal with regularly one manager was sent to $$$$ training in CA and another to FL. The classes were not even stuff they'd be doing day-to-day. The rest of us have to use Degreed and hope for the best. I had thought the days of paid onsite training were over - especially when it involved flights, hotels, etc. I guess those Accenture savings are being put into the 1% crowd. Sc--w everyone else.
@1fk so they were likely PMs not managers?
@wg large 6 figures, as in >500k
@wc fixed income
@ns yes sirrr. A poor soul on another thread remarked on the pitiful payout and how it wasn’t enough. I work hard for the money, so hard for the money.
@n4 aaaah bro, it is simple math. A few large payouts brings up the average so the average appears high but is skewed by the large payouts.
@14a you can get a house in Maryland for that!
@13a “plenty’?? Really? Tell us you’re lying without telling us you’re lying.
Very few got “high six figures “ as you say ( remember that over half million). And even fewer in Tech. You’re just sad.
@13a I think you may be in a very different team compared to most people on this forum… I consider 150k a huge amount.
Also I’ve heard the max payouts most normal people get in the formula are based on a capped years of service. Anyone can confirm that?
@y0 yes, plenty. Highly tenured associates impacted tend to get six figure severance. Many have been tech positions which are also generally highly compensated - especially after a decade or two. As stated before - it isn’t sensational. But, it’s okay, you are free to feel and express whatever you want. A brief look around shows that TRP isn’t the only firm working through staff reductions or changes in staffing strategy. Pretty much all firms in our industry are working through to the new norm.
@n4 any denials still? Do you know many getting over 150k payouts?
@vm someone posted that the average is 6 figures. So there are probably many people like your friend
@vm which group?
@rb I know of some outsized payouts due to very high performers being terminated. New boss decides they want to bring in their own people and kicked out good folks under the cover of the July RIF. Had to pay a lot to avoid legal problems and get employee's consent for a settlement agreement. One I know of walked straight into another highly paid role, so ended up much better off. Payout was a large 6 figure number.
@sg and that’s USD!
Average is around 150k per associate per public filings for 2025
@qy thank you. Pretty clear now. It’s all public information
I suspect most got paid less than average to make way for the few high payouts.
@qx I found it in the Q3 report, not the Q2 report - restructuring charge and change in employees found in the Operating Expenses section
the July 2025 only had a dollar amount. Not number of associates impacted. So how did you calculate
@n4 buddy just take a look at the investor notices and chill
@ns at will employment in the States. Hahaha!
@n4 you’re right that payouts depend on tenure and other factors. It also depends largely on country I think. But I agree that managers are getting a lot better deal. Like I was at the company for a few years and my payout was minimal. Barely a dent in that restructuring cost.
What the bigger issue is for me though is that you can tell managers are getting negotiated out unlike the rest of us plebs who get given what we’re given. Which isn’t enough.
@n4 just noticed my autocorrect mistake - parole should have been people. But for some parole might be a more accurate word given the circumstances.
@n0 Hey genius. You realize the math isn’t that simple, right? Severance amounts were different based on tenure. Longer tenured parole got more severance. Let’s see your math now. You know nothing.
@m4 hey champ it’s simple math. If you take layoff costs and divide it by the amount of people laid off and that number is a lot more than the layoff payout you got then you would know. Those of us laid off know that amount obviously. So when you say the OP is being sensationalist and exacerbating a difficult situation it looks like you are. You either haven’t been laid off at all or were paid a big fat wad of cash.
@bz what's false is your assertion that a small number of people are being paid "a fat wad" and that the average was "more than most people were getting". You don't know what "most people were getting". I'd wager that you are making assumptions based on limited data. It isn't bad to rightly point out the overall low value of an assertion based on weak inputs. Just stop acting like a sensationalist.
@ek check the investor section of the website. You might have to go back a few quarters to find the ones that align with the mass layoffs.
Where’s this notice?
Thank you for everything, but I'm out. I got a much better offer from a competitor, so I’m resigning next week. My current boss and her little minion kept nitpicking and dragging my evaluations down no matter how hard I worked, but I’m glad someone finally sees my true value. This place was toxic as he-l. I couldn't be happier
Thank you - I am going to check those notices out. One thing I have noticed in tech is that right before a team gets "transitioned", any managers over those teams, especially if they had the VP distinction, suddenly up and "retired". I saw it over and over again. Once I saw the retiring email, I knew in < 3 mos that team would be "affected". IT Infrastructure should be all Accenture by end of this year as many teams are currently being transitioned. I guess if they move to another sector be in the look out for this sort of thing. Someone retiring suddenly. Although they deny it, since these retirements all seemed rather uniform and like clockwork, I wonder what kind of payout they are getting? Of course, there are also severance checks, which could be 10s of thousands of dollars, but because it is paid out in a lump sum they are likely taxed at 48%.
@bz most associates don’t read those filings. Even more don’t know they exist. You seldom hear management talk about them.
Next month, the stock market will experience a historic crash, and by the end of the year, many people will be laid off. Senior employees should prepare for a job change early.
@bh it’s in the investor notices that get released quarterly - public info. They call it something like restructuring costs. Look for that and also employee number change. People do deserve to know. Whether you like it or not is up to you. However don’t try to claim something is false due to your own agenda.
Another ignorant post with 0 data to substantiate claims meant to exacerbate an already difficult situation for impacted staff. Shame on you.
How much everyone is getting? Post here anonymously so we can do calculations.