Deloitte Canada: laying off approx 400 from consulting workforce (year end pruning but also citing reduced demand); employees strongly (read obsessively) encouraged to take “voluntary” reduced work/reduced pay 20/30/50 %; staff is having to spend all their vacation before the end of the year; Partners likely taking 30% less pay; source: internal communication.
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Round two of layoffs happening now! Just got word from a friend that they were laid off. Not due to performance but due to economics.
new reports of partner cuts are coming up:
43 partners were axed last week: https://goingconcern.com/layoff-watch-20-what-in-the-world-is-happening-at-deloitte-canada/
My GF was let go in this purge. Things are getting even worse.
Those B4 employees think they are some kind of accounting gods .. so i dont feel for them. c—y b–tards.
Based on numbers we’ve been told by sources today, the breakdown we have of layoffs by practice are:
- Consulting: 113
- Audit: 94
- Risk advisory: 55
- Tax: 29
- Financial advisory: 26
Total: 317
https://goingconcern.com/layoff-watch-20-what-in-the-world-is-happening-at-deloitte-canada/