Layoffs ?

Big layoff coming in EY GDS. People on bench has been hinted in today's townhall. Lot of people are on bench in EY GDS for many many months. Till December they were telling EY is recession proof, now all of sudden that only people on engagements need not to be worried.

Are the fellow EY employees also feeling the same that since the last 6 months, the work culture has deteoriated to a very low extent & many people are even talking in office about layoffs to begin soon. Share your thoughts if you are also feeling the same.

Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people. Like whats happening man!!! Is the company dumb or what?

Hello, I’ve applied for multiple positions in EY. Now iam getting calls from EY india and EY GDS as well. i informed same to the hiring team. GDS team is telling to not to respond to EY india their benefits are less and GDS also claming the same. What is the difference, what are the benefits, which will be the best. I need to know.

Heard from people I know at Bain that they are laying off. This is mostly the first time an MBB is doing layoffs (earlier they would silently fire, or delay onboarding) A friend got impacted. Seems like this could be 10-15% of their consultants. Unprecedented.

Last night many people got notified; 10th June is the LWD in India ! Did you got impacted? This layoff is presented what happened 2.5 months back in MTV!

As of now 10 members laid off in consumer banking division in Hyderabad.

I have been working at EY for the past 3 years (joined after the pandemic) and there's been suddenly a shift in their policies. Last FY has been really slow for the company and now they're doing all in their power to make people leave the company. For example, compliance about things which no one was bothered a single bit in the past 2 years has suddenly become an issue at every possible level. Be it to being in office twice a week or even missing to fill out your timesheets. There have been no replacements for everyone who's left the company in the last 6 months. At the start it seemed like they valued talent but all rules and ethics seem to be thrown out of the room this year. Attrition is the mantra. With the upcoming appraisal season there are minimalistic hopes from the company. And all of the above seems like an effort to have excuses for poor ratings. All of this seems like a tactic to make you quit yourself before they start firing ! I plan to leave this place ASAP

Heard analytics people are being laid off with 3 month's severance and new joiners from NITs had their offers rescinded. Is this true? Who all are going to be affected?

What u guys think will there be mass layoffs in Indian IT in coming days??