Deloitte Admits to Handling Layoffs 'Poorly'

That "All-Hands" meeting we told you about on Monday sounds like it was a real snoozer, however, a source who was there did share two interesting details:

The guys in charge basically told us the following:

- They handled the [May 2009] "headcount adjustment" poorly. It was a necessary action; but more communication was necessary to keep people informed.
- Deloitte is better poised to grow over the next few years as compared to their competitors (we saw projections, but no comparisons...)

That took about 1.5 hours.

Since this was an "all-hands" we're assuming tax people were there? If so, the ones still trudging towards the 15th (one week!) had to be suffering borderline panic attacks. Or maybe it was a brief oasis? Either way it's unfortunate that nothing came up about increase in comp. Maybe Deloitte is the one firm that is saving it as a big surprise. If the cat gets let out of the bag on comp, get in touch with us.

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