Layoffs

Deloitte Terminations/Layoffs

Have you been affected by the current layoffs, terminations, firing, or restructuring of Deloitte? If so comment below and let the community know what is going on inside the organization.

Current Confirmations:

No information currently available. Let us know in the comments below if you have something to share.

 

About Deloitte:

Deloitte Touche Tohmatsu Limited, commonly referred to as Deloitte, is a UK-incorporated multinational professional services network.

Deloitte is one of the “Big Four” accounting organizations and the largest professional services network in the world by revenue and number of professionals. Deloitte provides audit, tax, consulting, enterprise risk and financial advisory services with more than 263,900 professionals globally. In FY 2017, the company earned a record $38.8 billion USD in revenues. As of 2016, Deloitte is the 6th-largest privately owned organization in the United States.

As per reports in 2012, Deloitte had the largest number of clients amongst FTSE 250 companies in the UK and in 2015, Deloitte currently has the highest market share in auditing among the top 500 companies in India. Deloitte has been ranked number one by market share in consulting by Gartner, and for the fourth consecutive year, Kennedy Consulting Research and Advisory ranks Deloitte number one in both global consulting and management consulting based on aggregate revenue.

 

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Categories: Layoffs, Standard

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2 replies »

  1. Significant layoffs have been happening for several weeks at Deloitte US and global across numerous areas of the organization. They call it pulling levers. While the place remains ridiculously profitable, when they’re at risk of not hitting goals they start to dramatically reduce costs, and the highest cost is people. But keep in mind, those cost reductions are about ensuring the partnership maintains their per unit pay. It’s about the rich ensuring their riches! Heads are rolling all over below the leadership level. Morale is incredibly low. Opportunity for promotion for those who remain is ultra low. Time to make it to partner these days, assuming you’re not cut long before, is approaching 20 years in some areas.Pay increases haven’t kept up with cost of living increases in several years and that trend is likely to continue. Severances for those let go equates to a finger in the air. The “great benefits” they provide don’t even begin to balance the morale issues and lack of advancement opportunity, and most benefits you won’t be given time to even enjoy. Return to a 15 hour per day, 7 days a week workload anyone? Join Deloitte! Welcome to oversold and under delivered!

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