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frustrated01
PostPosted: Mon Aug 25, 2008 10:28 pm  Reply with quote
Guest





I'm surprised this hasn't been blogged about here yet. Today Deloitte laid off dozens of people in the Seattle, San Francisco, and O.C. offices. Rumors that it was U.S. wide, I am yet to confirm, but I know for sure those three offices have experienced layoffs. It's a bit disheartening to see friends get laid off, especially if they're on a work visa. A friend was informed today was her last day. Unfortunately, she was one of those people who required work visas. Sad
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I<3myAMEX
PostPosted: Tue Aug 26, 2008 7:43 am  Reply with quote
Swiss Vereiner


Joined: 16 Aug 2007
Posts: 219

Craziness, I hadn't heard anything about this. What levels/service lines etc...?
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Guest
PostPosted: Tue Aug 26, 2008 8:04 am  Reply with quote






If anyone has a confirmation for this, could you please let us know ?

Thank you !
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Panic
PostPosted: Tue Aug 26, 2008 8:21 am  Reply with quote
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retheauditors.com
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frustrated01
PostPosted: Tue Aug 26, 2008 8:21 am  Reply with quote
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I believe its only AERS. It ranged from a 1st year all the way up to Sr. Manager. And yes, I do know a Sr. Manager in Audit that was laid off.
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Guest
PostPosted: Tue Aug 26, 2008 9:15 am  Reply with quote






Does it concern the Audit practice or the ERS practice (Internal Audit ? Control Assurance ?).

I am supposed to begin in Control Assurance soon and I am quite worried !

Thanks
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newbee
PostPosted: Tue Aug 26, 2008 10:21 am  Reply with quote
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Is the consulting practise affected by this? S&0, TI, and EA?
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Guest2D
PostPosted: Tue Aug 26, 2008 8:56 pm  Reply with quote
Guest





There were many layoffs today....i'm from a very small office and they laid off at least 4 ppl that i know of, 2 directly from my team. It was a very sad day and they still made us work until 9:30 after saying goodbye to our coworkers! I heard that the layoffs are nationwide and across all service groups. Many from CA, NV, DC...even Charlotte.
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guest1
PostPosted: Tue Aug 26, 2008 11:55 pm  Reply with quote
Guest





I heard from some friends it was 20 from ERS, 25+ from Audit in the SF Bay Area. Glad I'm in DC for now...
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Guest
PostPosted: Wed Aug 27, 2008 10:53 am  Reply with quote






Columbus, Oh and Detroit, MI had laid off people in AERS this week.
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VATP46A
PostPosted: Wed Aug 27, 2008 1:04 pm  Reply with quote
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It's nationwide - mostly from financial audit, but also quite a few from ERS. Of course, no partners are affected (yet), but with the projected low growth in audit, the partners from consulting and tax will demand that some of the 'fat' is cut from the partner ranks.
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Guest
PostPosted: Wed Aug 27, 2008 6:28 pm  Reply with quote






Several sr mgrs and 1 director in ERS that I know of are affected.
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none
PostPosted: Wed Aug 27, 2008 6:49 pm  Reply with quote
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What departments are these taking place in? And has everyone been notified yet--it the whole process complete? How about if some people have found out in a department, does that mean no one else in that department is included?
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newyorker
PostPosted: Wed Aug 27, 2008 7:06 pm  Reply with quote
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I believe hundreds nationally across aers. i was a senior manager until today.....not any more.
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GreenDotLie
PostPosted: Wed Aug 27, 2008 7:35 pm  Reply with quote
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Its not just AERS, they are letting go of people across the board.

Quote:
Global accounting firm Deloitte & Touche LLP this week began layoffs that will reduce the 45,000-strong U.S. staff by "slightly less than 2%," a company spokesperson said Wednesday.
Layoffs will occur across all departments and offices of the firm.
"Part of the plan is to rightsize our headcount according to current and projected revenues," spokesperson Deborah Harrington said in an e-mailed statement. "Like our competitors, we are affected by a number of economic events, including the overall slowdown in the U.S. and global economies."
Harrington said Deloitte, like many other financial services firms, reduces its workforce annually to "meet the needs of our clients," but did not say how this year's cut compares to typical downsizings. Harrington said the reductions aren't being made based on performance reviews.
Harrington said the firm is hiring in other departments and said the U.S. staff at the company has increased by "several thousand" over the last few years.
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