Thread regarding Deloitte Consulting layoffs

Deloitte S&O Layoffs 2016

So, yeah, it happened to me. I was in what I understand was a second wave of layoffs, and the Partner and HR rep doing mine indicated they had been at it a while. I know it is happening in S&O, it seems mainly Public Sector. The market has been super soft, especially with a). Completion of many HIX systems now going to M&O ode the techs can handle, b). Some HIX systems being divested to the feds, and c). Governments putting off projects while waiting for the elections. I'd been utilized pretty poorly lately, as had the people I know.

I'd share more about my quals and location, but I do not want to be identified. I'll say that I am pretty qualified for Public Sector and had been there a while.

I have talked with people at the SC and Manager level, with one to five years with Deloitte. Everyone I spoke to got eight weeks plus accrued PTO - no difference by tenure. It's administered in an interesting way... one stays on payroll for the eight weeks, then the PTO gets paid out in a lump sum. Here's the issue... if you go to another employer at any point, they write you the check for the rest of your severance. Unless you go back to Deloitte! Then you lose the remaining severance. So if you get a new job quickly, you have a $10k plus incentive to not accept an offer from Deloitte (say they offer you an internal role).

They did not do performance reviews for people being laid off. So all that bad utilization will not bite you if you try to come back. I know people say never go back, but, to me, this is just the market and I harbor no ill will (other than some annoyance that the P/D who did it was not someone in my network).

So, for those wondering how you know... Sort of the order I have heard it happens...

  1. If you are on a project, you are suddenly rolled off.

  2. The next week, you get a sort of empty appointment from a P/D (something like, "Let's Connect").

  3. If you ask about the meeting, you get something vague such as, "Let's talk in person."

  4. You meet with the P/D and a talent rep. The P/D does very little. What stinks is, they may not even send a P/D in your network.

  5. You get the rest of the day to transition projects and stuff.

If you are rehirable, internal recruiters actually may be eager to chat. It's a good reason not to do anything improper on the way out.

Remember when you send your goodbye e-mail to CC your personal address and set the "Reply to" as that one.

Personally, I found the experience calm and easy. Just take it with grace and move on.

by | Post ID:
6166 views | 6 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

6 replies (most recent on top)

I am trying to staff a project for early February and there are no resources on the bench. At lease here in US.

by | Post ID:

Any updates here? As of October 2016? How about plans for 2017?

by | Post ID:

I just got laid off today as part of 2nd round layoff in Audit in New Jersey, just before the firm was going to release the new compensation.

by | Post ID:

What really bites is that the P/D from your network doesn't even try to give you a call or heads up. The P/D who does st down with you gives some boilerplate speech, which mines talked about being on a PIP, which I was def not. I got laid off last week and am happily chilling, event though my severance was 5 weeks, maybe due to me being a C, who did meet targets in the past year (so really just cutting lower end of the bell curve even if you have met targets, which is also BS).

by | Post ID:

It looks like a cleaning house operation where they are trying to remove excess due to a low number of new US projects.

From what I hear 95% of the PRD staff was removed yesterday. That's work not to a billable client but to an improvement in the technology.

Be very careful working for this firm. The company is a professional consulting firm. They are good while it lasts. However, your time this company will come to an end eventually.

by | Post ID:

I interviewed with S&O late last year (as a lateral candidate) and got a verbal offer in November.

However since then the HR has informed me that complete S&O hiring at has been put on freeze till at least June of this year.

I tried reaching out to a Partner and he re-affirmed that there they will not be giving out any offers until summer.

by | Post ID:

Post a reply

:

Related pages


csc tickernlc nalcosouthwestern regional medical center tulsalayoff ciscoversion wireless plansverizon.capma capital corporationvirtusa officesprecision caspartsmacys insitecummins darlington addresshh gregg clevelandmeaning of layoffsxoma corporation newscognizant technology solutions teanecktransfer uverseicdc college scamsmidcoast energy partners lpsoutheast medical center dothan allist of jcpenney store closingsapple store roosevelt field garden city nyeog resources denver colowes complaints departmentsears auto warwick ribank of nova scotia india careersuhg salaryneophotonics corporationarris argentina475 east hartford blvd northkapstone paper and packaging corporationtarget company in bangalorepf changs tickerge oil and gas oklahomage jobs erie papennymac stockmcdonalds corpgrainger sales salarygrainger cioverizon wireless store hours of operationmy verizon at verizonwireless.comricourtconnectalexandre conroyart institute layoffswalmarts hiring near meverizon schaumburgcts company hyderabadhpe colorado springsrotech medicalburry foodservicelatest news about cognizant technology solutionsticker apcnational well varcoexcel energy amarillodiamond foods stockton catribune company chicago ilwhat is fiserv incwipro offer letter process for experiencedat7t uverse20-20 technologies incphil fasanoaurico gold incl3 greenville txhewlett packard fort collins1111 east mcdowell road phoenix azruby tuesday somersetdevon energy jackfishheald college portlandphillips 66 houston office addresstitantalk.comintel job gradespembina pipeline corpabbott nutrition columbusfinancial engines stockruby tuesday elktoncenturylink tickerapple store international plazawww objectwin com