[Translated from German to English]
“When the times are good, [PwC] hires young talent en masse, let them work through day and night, and when it comes down to it, put the team out on the street.”
— an unnamed PwC Switzerland employee, when asked what they think about the firm’s cost-cutting measures due to COVID-19, which include deferring promotions and raises, partners taking a 20% salary reduction, and possible layoffs.
PwC stops promotions and wage increases [Inside Paradeplatz]

This thing is starting technically at 1:00 San Jose time but I have to go to…wait for it…hair and makeup, meet with handlers and whatnot, strip search, etc. etc. And since we typically don’t have *official* advance notice of these things, we’ve never done an open thread but this will serve as place where you can sound off while things are happening.