Please ensure Javascript is enabled for purposes of website accessibility
January 27, 2023

Layoff Watch ’20: Berdon Let Go of 15 People, Postpones Partner Distributions

Another top 50 accounting firm based in New York City has laid off employees during the COVID-19 crisis.

We got a tip on April 3 that there was a number of staff layoffs at Berdon LLP and the third-party outsourcing group based in India had also been let go. But our source didn’t know the extent of the staff layoffs.

Today our source told us there was a firm-wide call this morning that somewhat addressed last week’s layoffs. We learned that 15 people lost their jobs; however, departments and service lines were not specified. Rumor has it that senior 1s may have gotten the brunt of the layoffs.

Our source also told us the firm deferred April partner distributions.

Regarding the third-party outsourcing group being let go, our source said:

Seems there’s several groups, some do tax and some do audit and some do word processing, and the explanation that was provided was technical/IT/security availability in the midst of India being closed down.

Berdon, which is best known around these parts for being sued by Rihanna in 2012 in what Caleb once ranked as the best celebrity-accountant beef (Berdon and Rihanna settled out of court in 2014), had 453 employees as of 2019, according to Our source told us that the majority of staff work in audit, with tax a distance second.

Friedman, which ranked one spot behind Berdon at No. 42 in INSIDE Public Accounting’s 2019 ranking of the top 100 accounting firms in the U.S., laid off 52 people on March 26.

Related article:

Layoff Watch ’20: Friedman Cut a Bunch of People Loose

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles


EY Germany Gives 40 Partners and 380 Staff the Boot to Boost Profitability After That Whole Wirecard Thing

EY has been tightening the purse strings over the past several months ahead of the big Project Everest split, the vote on which remains delayed and should happen before the end of this quarter. The firm did not hand out mid-year bonuses in December and sources say that travel, training, and even hiring are on […]

LEGO businessman at a desk

KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accounting

KPMG Vice Chair Greg Engel has been having trouble sleeping lately. It isn’t climate change or social justice or the price of eggs keeping him up at night, like most accounting leaders he is consumed by the talent shortage. No really, that’s what he told CFO Dive. Not to worry, Engel has hope. Hope that […]