Et tu advisory
Did anyone receive anything yet? 5% from USA or does this also include India?
5% is 5000? That's big...
5000 is an inflated number. 700 is a more accurate number.
Are they counted as tech workers?
Dm for PwC openings. I know we don’t hire much but if you can find a listing I can help. Also fishbowl is a pretty good place to find referrals in consultancy.
https://www.ft.com/content/3ce4dabd-0c65-4688-9f50-62a37c0ebe5a
US-only Advisory layoffs reportedly impact ~ 700 people, or approx 2% of workforce. Text below (source goingconcern.com) : "Our business and outlook remain strong. However, we have experienced prolonged uncertainty affecting certain parts of our Advisory business that drove outsized growth in recent years. We have reduced expenses and prioritized investments in those areas and remain confident in the future of our firm and these services. However, we are taking prudent actions to match our resources to the needs of the market today. These actions are incredibly difficult and impact people’s lives. We are supporting our colleagues with a holistic package that includes severance, healthcare, emotional and well-being support, career counseling, and learning and development opportunities. We continue to make strategic investments for the future of our business and to deliver with quality and excellence in FY23 and beyond. In these moments, we lead with our values and are focused on supporting all of our colleagues."
Count ?
They only said 5%. My guess is around 5000