Ernst & Young recently reduced their advisory partner count by 10% and strategy partners by 4%, resulting in the departure of 130 individuals earning $1 million or more annually. This translates to a significant $130 million reduction, highlighting challenges in the corporate landscape, despite positive stock market indicators.
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I work with 5-6 Ernst people who have a msa with my customers. They legit just copy the same stuff my company is doing and act as if it is their own. All they do is try to pump the customer for more business as a “we feel it would be a great collaborative approach”; meanwhile they’re asking me and and all my colleagues to constantly hop on calls they create out of nowhere. Total clowns.
It was more than just Partners
The audit firm is a joke. A bunch of people who su-k at there job
The decision to let go of those partners stemmed from the unsuccessful attempt to separate their accounting and consulting ventures, resulting in a substantial $600 million loss.
They all have millions saved