We’re told from multiple sources that BDO has begun layoffs in audit today, don’t have numbers for you at this time but are actively trying to hunt down more details. It’s likely there will be another batch of layoffs in tax post 10/15 but not confirmed. No word on advisory.
That’s about all the information we have right now. If you have more, text or email (anonymous, always).
Earlier and definitely related:
This firm is the unchallenged leader of audit failure reporting for the PCAOB. Maybe it is coming to haunt them now? Interesting graduates continue to join this firm in audit as they’re just unaware.
They do an unbelievably good job of selling the ESOP while on campus.
BDO is trash
That ESOP interest rate strikes again!
Some layoffs have already come and there are some high performers on the list. Those are being let go due to differences in thoughts on success in remediating products and National making their choices on who they believe should be axed. The cultural change ant BDO over the past 10 years is sad. It’s not the company I started with and definitely isn’t the company I work for anymore.