Any word on layoffs or furlough at EY?

I am in advisory and my counselor told me there wouldn't be any layoffs. He also mentioned that would change. I'm curious if anyone else know anything on this? Is EY considering layoffs ? #consulting #ey #ey

Alvarez & Marsal user178 May 6, 2020

I haven't heard anything from my Big 4 friends yet.

EY xauusd May 6, 2020

I heard about the regular layoff for underperformers at the fiscal year end. Might be in a larger scale than the usual.

EY onetwojab May 7, 2020

Did you join the all hands call? For now doesn't sound like they are planning on lay offs

EY OCjC00 OP May 7, 2020

I wasn't able to join. Waiting for the recording though. ... Good to know

EY onetwojab May 7, 2020

Even for people on PIP I think they said won't be let go until at least 6/30, so that's nice

EY wh!teboard May 9, 2020

How is PIP in EY? Didn’t know EY had PIP

Accenture KmAH78 May 7, 2020

An EY recruiter reached out to me so you guys are hiring..

EY onetwojab May 7, 2020

Which service line

Google πŸ€πŸ†=πŸ˜‚ May 9, 2020

They're also lowballing all new hires

EY QDPs07 May 7, 2020

DDnA is hiring I heard

Google πŸ€πŸ†=πŸ˜‚ May 9, 2020

I can't imagine the Big 4s to not be impacted. Partners are taking pay cuts, bonuses are scrapped, and new hires are getting offers lower than what they would have gotten pre-covid.

EY LXJn61 May 12, 2020

Laid off recently from EY. Do not believe the kind words really, especially if it comes from people that are several levels above you (leadership team). Have your own criteria and learn how to identity red flags.