Please ensure Javascript is enabled for purposes of website accessibility
September 28, 2023

Layoff Watch ’23: RSM Is Getting Rid of Some ‘Highly Technical’ Consulting Folks

grungy RSM logo

Heard a few grumblings about RSM layoffs earlier today, lo and behold there’s a Reddit thread.


Hearing rumors from multiple sources that RSM is conducting layoffs today and for the rest of the month.

Areas impacted today: Transaction Advisory Services.

If you are a client of RSM, ask for a new firm. Partners sending all the work to india and keeping the profits.

Here’s what we were told via the tip box:

Heard from an insider source that RSM’s technical accounting consulting laid off about 20 today, focused heavily on Directors and Senior Director group. Some of the names I was pretty shocked (highly technical folks) so this is not a performance based issue related but instead seems like higher paid individuals as the group struggles with revenue.

It appears only consulting is affected. Someone on Reddit asked if audit should be worried, a senior assured them that “audit people are quitting faster than they can lay them off.” Whew.

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.

1 Comment

  1. yes Audit and Tax were cut too. from our audit team 10% of the team, 3 ppl got laid off. But they were super under performing, they could not get promoted, don’t even have CPA license so they deserve to go.

Comments are closed.

Related articles

a runner on pavement

CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever

Once again @profjackc has tweeted a very important reminder for current CPA exam candidates and once again we’re here signal boosting said reminder because it’s important information. If you are a first time BEC section exam candidate most states will stop processing your NTS after next Monday, Oct. 1. Do not delay! Get in your […]

Steve Buscemi in how do you do fellow kids meme

AICPA Unveils Its Most Desperate Pipeline Initiative Yet

Surely this will get the kids interested in accounting! She’s riding a skateboard because you can’t afford a car on a public accounting starting salary. Why’s there a bearded hipster hanging out creepily in the back? Some appropriate Twitter reactions: Vibes: — Matthew J. Cordes, EA (@cordes_tax) September 26, 2023 CPAs be like […]