From a reliable source on the west coast we have learned that the advisory practice of E&Y was feeling left out and has decided to get into the act.
Twelve advisory professionals — we’re speculating that it was all staff at this point — were laid off today in the Pacific-Northwest Region. The only confirmed city that we have so far is San Jose. Emails were sent out last night and meetings with partners were held this morning. For an added personal touch, our understanding is that the staff met with partners that they were not previously acquainted.
Our calls to E&Y have gone unreturned. An E&Y spokesperson declined to comment.
Jump back to this post for all the details on this round of E&Y layoffs and get in touch with details for your city, practice, and severance.
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Of the seven that I know personally, 4 were Seniors, 2 were Managers, and 1 was Staff. The advisory practice is small in Seattle so I doubt that a partner they were “unacquainted” with let them go. And yes, the Seattle office was definitely a part of it, as well as Portland.
Grant Thornton laid people off today in NYC…which is pretty surprising since they gave out bonuses…
I can’t really rationalize anything these firms do anymore.
confirmed for San Jose, CA.
the 12 were part of the TSRS practice (the tech audit advisors).
GT layoffs in Dallas also.
Hey Caleb – open a thread on the GT layoffs.