Bonus Watch ’20: EY No Longer Giving Out Senior Manager Promotion Bonuses
There was a lot discussed during an EY Americas all-hands webcast this morning, including updates on layoffs and permanent and temporary cost-cutting measures. So, let’s get right to it. 1. No layoffs through the end of June: Back in late March, EY US Chair Kelly Grier said keeping all EYers employed during the COVID-19 pandemic […]
To Partner or Not to Partner: That Is the Senior Manager’s Question
A while back, a Big 4 senior manager reached out to share his plight. In short, this person told us making partner in a big firm is nothing but a game; in this person’s words, “[There’s a] Game of Thrones-esque BS that goes on in the firm as people try to jockey to be promoted […]
Layoffs Watch ’11: Deloitte
Sounds like the aforementioned rumored layoffs have begun.
Yes they are occurring and I know as I am one of the individual’s impacted. There was no advance warning. I know one other individual in Philly that was also laid off. We are both in the tax practice. My understanding is that it is nationwide and mostly impacts senior managers.
Keep us updated if cuts are going down at your office.