Yeah, there are doubters, but that doesn't mean Black and Yellow isn't going to try like hell to turn this thing around. In addition to the hires in the U.S., E&Y is trying solve employment problems around the world:
Tens of thousands of financial services jobs are going in London according to the CEBR. UBS alone is cutting several thousand people, Standard Bank is cutting a few hundred, Credit Suisse is cutting anything from 750-3,000. But Ernst & Young is hiring. We reported a few weeks ago that Ernst & Young was planning to hire 10,000 people for EMEIA (Europe the Middle East, India and Asia) for the next financial year. This turns out to have been an understatement: those 10,000 people are just E&Y’s graduate hires. It also plans to recruit 10,000 experienced staff.
The rest of you can chip in at any time.