St. Louis-based RubinBrown, the firm occupying the No. 43 spot in INSIDE Public Accounting’s 2019 ranking and the No. 41 spot in the 2021 Vault Accounting 50, will be furloughing 51 people this week for 90 days, according to a source.
We were told that the firm’s chairman, John Herber Jr., made the announcement in a firm-wide voicemail message this morning.
According to our source, the message said the furloughs are intended to be temporary, will be unpaid, and will last approximately 90 days, but that is subject to change. However, furloughed employees will still receive benfefits.
The furloughs will be across all of RubinBrown’s seven offices and across all service lines, we were told. According to Vault, RB has 817 employees.
In addition, firm-wide compensation adjustments and bonuses are being deferred from May to December.
The 51 RubinBrowners who are being furloughed will be notified within the next 48 hours, according to our source.
If these furloughs have affected you, or if you have any more information about the voicemail message sent to employees this morning, text or email us using the contact info below.