Tag: Rumors

Report: PwC Boston Holiday Party Is Wicked Awesome

This time of year, many a capital market servants look forward to blowing off a little steam at the annual holiday (aka Christmaskuh, Festivus, et al.) party. Last year, the festivities made a comeback after a couple of years of more restrained celebrations. Ernst & Young’s New York office even threw a party at Cipriani’s the week Andrew Cuomo handed down his civil fraud lawsuit. And in case you’re skeptical that the get-drunk-dance-like-an-idiot-go-home-with-a-co-worker party have made a comeback, this post from Socialite may be the latest proof:

Want to talk about “work hard, play harder“? The auditors, tax specialists and consultants at PwC have got that down to a science!

2000 people + Marriott Coply+ open bar + gambling + dancing = Ballin’ time

We’ve been to some corporate Holiday parties in our day, but this one definitely takes the cake. And why wouldn’t it… we’re guessing they threw down well over $500K to host that.

Since we’re not hip to the costs of corporate holiday ragers these days, it wouldn’t be fair to dismiss this guesstimate outright. And it’s not exactly clear how Socialite got all these details but it sounds pretty similar to the KPMG Christmaskuh party I attended in 2008 (sans gambling) which was the waning days of the big holiday blowout party.

ANYWAY, Socialite then outlines a number of reasons that you, local Bostonian, should be at this shindig next year, including some “Secret Grand Prize Giveaway” which they speculate is “a small yacht” but in reality, it’s more likely to be a pair of cool shoes.

For any mini BoMos in Boston, does this sound like the party you went to? Is $500k in the ballpark or would you put it in the seven figure range? Feel free to speculate at this time. And if your party tops this one, email us the details (or an invite).

Exodus Watch ’11: BDO Tax Partners

Apparently a grip (a half dozen or so) of them have left the firm in the past two months, says a source familiar with the situation at BDO. At least three are supposedly now with PwC (none worthy of P. Dubs press releases) and another two are off to Deloitte in various markets. If you’ve recently jumped Captain Jack’s ship or know of more details for your office, get in touch.

Layoff Watch ’11: Cuts a Comin’ at Deloitte?

From the mailbag:

Heard this from a Director in the firm: Deloitte layoffs coming. Lists are made…cuts coming soon. Said a lot of it has to do with thinning out the ranks (too many people jumping ship because their level is top heavy and promotion nowhere in sight) as well as letting go underperformers.


As you probably noticed, 2011 hasn’t had much in the way of layoff news with the exception of some support staff that were cut at McGladrey, Grant Thornton, and KPMG. That said, this seems like an opportune time to kick a few people to the curb. If you wait until November, well, that just looks bad.

Keep us updated with any news and if you’re in the know, get in touch.