»»»»»»»» Deloitte Layoffs 2008 - Deloitte Touche Layoffs are Happening in 2008, According to Online Writers…
People Searching for Deloitte Layoffs in 2008 - Report of massive Deloitte layoffs abound…
My first clue that something was going on with Deloitte were the influx of Google searches for everything from “Deloitte layoffs” to “Deloitte layoffs 2008″ to “Deloitte layoff” to “KPMG” to “Deloitte Touche” and more.
Digging around for info about Deloitte layoffs, I found a post from The Auditors about duplicitous double talk.
More Deloitte Layoffs Happening in California…
And on Green Dot Life, I found more chatter from people writing about witnessing Deloitte layoffs firsthand:
“…Today Deloitte laid off dozens of people in the Seattle, San Francisco, and O.C. offices,” wrote one guest about Deloitte’s California offices on Monday, August 25, 2008. “Rumors that it was U.S. wide, I am yet to confirm, but I know for sure those three offices have experienced layoffs. It’s a bit disheartening to see friends get laid off, especially if they’re on a work visa. A friend was informed today was her last day. Unfortunately, she was one of those people who required work visas.”
A site called Deal Breaker also talks about 2008 Deloitte layoffs.
How Many People Will Deloitte Lay Off in 2008?
Hopefully Deloitte will make some kind of official announcement so people will know what’s what.
In the meantime, check Google News for the latest Deloitte layoff news…
Labels: “Deloitte layoffs” to “Deloitte layoffs 2008″ to “Deloitte layoff” to “KPMG” to “Deloitte Touche”
August 30th, 2008 at 10:08 pm
My daughter was laid off in Columbus Ohio — there were 10 laid off altogether. She was told there were 700 laid off nationwide. Why didn’t that news make it into the blogs?
September 4th, 2008 at 10:47 pm
my friend in NY’s dt was laid off last week…
September 18th, 2008 at 2:14 pm
I was laid off in SF, and I know they are laying off a few hundred more. Very quiet, no annoucements going out to the firm.
September 20th, 2008 at 9:13 am
There were over 200 in NYC alone.
An email and a visit to HR and it was over for over 200 people.
One female partner (Irish in NY) threw most of her staff under the bus to save her bacon.
Lucky for me she hired me..
Oh well
Good luck.
- Murph
October 5th, 2008 at 11:06 pm
Deloitte is laying off 5500, in a silent and shamefull manner. My friends there have now effectively had their careers shafted. Why isn’t the news reporting this??
October 7th, 2008 at 12:57 pm
Are ppl from a specific service area being laid off or what?
October 8th, 2008 at 9:33 am
I was laid off in Atl. 10/6/08
October 9th, 2008 at 10:40 am
Leadership kept hiring and telling people things are good and now they have shattered people’s dreams.
Why do they do this to people, why did they even high people as of September? It’s unfortunate- typical of corporate America but I thought Deloitte would be different
October 10th, 2008 at 10:12 pm
They have been quietly laying off people for almost a year now. Numerous layoffs out of the Dallas office over the past months. Some has to do with AS5 changes and being overstaffed. Some has to do with being out of touch with the local marketplace needs, rates too high, traveling people too much, etc. Can’t rape the marketplace forever! Businesses are getting smarter about the rampant wastefulness. Many instances of people being transferred thousands of miles away due to lack of work in their area and THEN being flown right back each week to work on engagements close to their original city and the client foots the travel!!!) Who MAKES those decisions????? Oh..and with the new financial failures go take a look at which clients are D&T’s!
October 11th, 2008 at 7:22 pm
Laid me off October 10th - Consulting ..ERP. I gave them last 16 months of billing and they gave me 4 days of bench and fired me.
October 13th, 2008 at 11:28 am
Hey everyone, I’ve heard about the Deloitte lay offs and ironically I am actually looking for some senior level accountants with public experience and I’d love to help any displaced individuals if I can, mainly in New Jersey, North and South. If you’d like more information or may know of someone please feel free to pass along my email NCM.0703@gmail.com
October 15th, 2008 at 10:01 am
Got laid off on 13-Oct…quietly. People are getting very ordinary severance packages. Was here for 2 years, Was billable 95% of the time. I don’t know what they were thinking when they were hiring like mad just few months back.
October 17th, 2008 at 3:42 pm
Very quiet lay offs in OC confirmed. And I’m the latest. Dishonorable methodology.
October 17th, 2008 at 5:53 pm
In Chicago too. 3 hours notice to turn in laptop and leave.
October 18th, 2008 at 12:30 am
Employees with 1-14 years of experience were asked to leave the job with 1 hour notice… can you believe this… this happened in Deloitte Nashville,TN
October 20th, 2008 at 3:55 pm
I was laid off in the Chicago office and it was the best thing that happened to me. The last couple months working at the place was just horrible. The place was full of insincere people and racist too.
October 20th, 2008 at 5:58 pm
Even though I had moved out deloitte sometime back, I am still in touch with all my colleagues from the past 5 years at Deloitte…. This week (10/13) my ex-colleagues called me with the official announcement of the huge lay-offs from the leadership call from the consulting practice (EA, TI specifically) and the leadership clearly mentioned that anyone who is willing to transfer to India would not be impacted by the layoffs… Wow.. what can I say in a year when the partner stakes went up from an average 750K to upwards of 1M…. No wonder??
October 20th, 2008 at 8:54 pm
I was laid off too…I’m on work visa and most of the companies are not accepting me because of my visa status…
October 20th, 2008 at 9:02 pm
No proper planning in Deloitte….
They want us to do all “extra” work apart from client work …..and are never satisfied with us…. I wish partners did some work in getting proposals and tried to keep us staffed ….
sometimes they staff us on projects which has nothing to do with our technology…
Why dont they fire partners who couldn’t get projects ….
October 24th, 2008 at 9:33 am
I was laid off too…I’m on work visa and most of the companies are not accepting me because of my visa status…
October 24th, 2008 at 11:59 am
The Big 4 is soon becoming a relic and an icon for hypocrasy.
Change is coming due to market forces.
I was with Deloitte for 4 years in asia, straight out of college. It’s a puppy mill.
The ethical leave, the greedy stay.
I saw behind the curtain as an expat privy to many things. I ate the hours, got the t-shirt and the “name brand” references for the resume, and walked away with my dignity, and a new appreciation for the value of time.
My advice:
1.) Watch the old movie “Wall Street”.
2.) Listen to the Eagles song “In a New York Minute”.
3.) Know that in private industry, humanity comes second.
4.) Remember that life is short, make the most of time with friends, family and the things you love to do. You’ll find that time is the most valueable asset you have
5.) Lastly, you really don’t need a huge amount of money to be happy. If you think you need a lot, you have a hard, lonely road ahead of you where you’ll most likely have to sellout and cross the line and get dirty at some point, leading to sleepless nights and hanging with people you don’t really like and can’t trust.
October 30th, 2008 at 8:29 am
Just heard about this hush hush layoff from a colleague. Please allow us help!
We have some projects we’re currently working on. Senior, senior manager or higher (Audit & Tax - 2nd tier firm) and a couple of CFO’s are needed in Texas (Dallas, Fort Worth, and Houston). Please contact us or forward our info to someone you may know careers@teavefinance.com
God bless…
November 1st, 2008 at 8:34 am
No surprised to hear you guys saying bad things about Deloitte… lets face it they would have removed the weakest staff first so no doubt you are bitter.
Deloitte is a great place to work and they have had to make some pretty tough choices over the past year. Remember you CHOSE a career at Deloitte and if you have been laid off it will be Deloitte on your CV that helps you get a new job.
It is beneath anyone to start to say bad things about a company that put food in their mouths for many years.
November 3rd, 2008 at 10:58 am
Get over it
November 1st, 2008 at 8:34 am
it makes sense if Deloitte fired people who are under utilized. But only if Deloitte had enough projects there would have been no question of under utilization….Its because of lack of projects that many of its employees are under utilized..
No one puts food free of cost…All these people who got fired did serve Deloitte and its clients…
November 3rd, 2008 at 5:43 pm
http://www.greendotlife.com/topic4477-510-deloitte-consulting.html
check the above site for more info on layoffs
November 5th, 2008 at 1:47 pm
HOW DARE YOU SAY THE WEAKEST STAFF WAS LAID OFF FIRST - my ratings were all 2s and I was a first year! It was all about salary, accumulated severance and possibly accumulated PTO - I was there for a year and everyone who was hired at around the same time as me was laid off - BECAUSE WE ONLY HAD ACCUMULATED ONE MONTH OF SEVERANCE!
Also, they lied about giving us our PTO (vacation/ sick days) as part of the severance package - they told us that they would also give us all of our remaining days of PTO - they failed to mention it was accumulated days only, which stopped being accumulated the day you were laid off, so they screwed me out of 12 days, which would be about $3500. Payroll mysteriously keeps making mistakes with my severance, giving me less than my regular pay, and I am fighting for every penny that they give me.
And, for agreeing to an extra two weeks of severance, we all had to sign waivers against suing them.
Plus, they STILL HAVEN’T REIMBURSED ME FOR MY FINAL EXPENSES!!!!!
Yeah, Deloitte is a great company, you must feel really good about yourself for surviving the first few rounds of layoffs because you must be so great at your job - keep dreaming, drinking their cool-aid, and wearing their tee shirts - they are treating the people laid off with absolutely no class. I can’t wait to see how YOU feel when they lay you off in the upcoming months - because more layoffs are coming - Barry’s letter of September 23 confirmed that - it was sent out to conform with WARN requirements - I hope you like the feeling - lets see how you get over it - I hope someone calls you weak - keep dreaming.
The classless way that it was done - many of us (including me) had just received a raise a few weeks prior and was assured constantly that no layoffs would occur. Without warning, walked into work one morning and was told to be out ASAP and give me your computer back ASAP, just after getting a raise.
DO NOT WORK FOR THIS COMPANY!!!! THEY ARE DISHONEST!!!!
November 5th, 2008 at 4:38 pm
I’m also waiting for my expenses.
November 6th, 2008 at 8:19 pm
I was laid off on Oct 17 - was out of the NY office. And yes, the severance package was so meagre and they still haven’t re imbursed my final expenses!:x
November 6th, 2008 at 8:25 pm
I was laid off on Oct 17 - was out of the NY office. And yes, the severance package was so meagre and they still haven’t re imbursed my final expenses!:x
I still wonder why they did so much new analyst recruiting this year - despite the economy being so sluggish. Was given a 2 hour notice to turn in my laptop, pda and all that crap..*&*&&%^%
Worst part, I am on a work visa here and now its being so tough, coz a lot of the companies are refusing to even transfer H1s!:(
November 6th, 2008 at 9:59 pm
Vi - exDT
November 6th, 2008 at 8:25 pm
Hey , I have just transfered my H1 Visa..Let me know if you need any help regarding that. I know couple of companies which can transfer H1s
November 8th, 2008 at 6:19 am
Dear Sir,
My son on a H1 work visa was laid off from Chicago.
He is in need of tnasfer of H1 Visa. How much time is allowed to H1 visa to leave USA? Which are the companies which can transfer H1s and the cost involved?
Aravind
November 8th, 2008 at 11:52 am
Sales people from Merck that were laid off last year with the same time served as me got 5 or 6 months severance - I was only offered one. Deloitte didn’t even have the courtesy to give us the severance package that would be equivalent to a salesman (no offense to any sales people out there), and then they call themselves “the place the best want to be.”
They have shown themselves to be the true nickel and dime that they are. Classless. Good luck getting the expenses reimbursed - they think everyone is afraid to sue them. Watch and make sure they are giving you the correct amount of severance to.
November 8th, 2008 at 6:20 pm
aravind
November 8th, 2008 at 6:19 am
Dear Sir,
My son on a H1 work visa was laid off from Chicago.
He is in need of tnasfer of H1 Visa. How much time is allowed to H1 visa to leave USA? Which are the companies which can transfer H1s and the cost involved?
Aravind
I got laid off and I’m on H1 B and I was told that I had 1 month time to transfer my H1 but I did the transfer in 15 days..There are some Indian companies in “Dice.com ” (ABEAM consultancy, Quantum integrators, Specweaver ) which will transfer H1. They will charge you aroud 2000- 2500 $ and these companies usually refund the H1 transfer fee once we get a project and we are with the company for atleast 6 months.
Hope this helps..
November 8th, 2008 at 6:22 pm
or check sulekha.com,, you will definetly find some companies but try to do the transfer ASAP….
November 9th, 2008 at 8:12 pm
Its interesting to see the opinions of many people who have been laid-off!!
To begin with, its the same people who at one point want to work for Deloitte….and should have understood that the emplyee and employer are engaged in business for profit. How many of you are really really loyal that you would have not left the compant at all forever? Come on…get real and move on…..
For all those on H1B- I hope you realize that you have been given the visa for your ’speciality skills’ and ’skills in demand’. If all of the were good and qualified, they should not have difficulty in finding another job.
Believe me…I have the seen the quality of people who were let go, it really sucks….
November 9th, 2008 at 11:35 pm
Wow, I can’t believe the amount of people here who think people at Deloitte are let go only because of their skill level. No politics, right? None at all? It couldn’t be that a senior manager or recruiting partner get extra incentive for hiring people at local Universities that have to stay for a certain amount of time to get the extra money? Right? Quit being hypocritical. Also, and I do mean more importantly, if you think you are immune to being laid off you need to take a big look in the mirror. Better still, just go on a lunch with your partner, ask him if you can become a partner or go to Wilton and see what they say. If they say nothing, guess what you will be asked to go on a sabatical somewhere between manager and senior manager.
Life lesson: Don’t make fun at the misfortune of others. There is no one above an AXX whoopin. As for those let go, have faith, Deloitte trained you to be better than the vast majority of other people in the market. You will profit from this. I went from a pathetic 60K a year to 100K right out of the job working only 40 hours a week.
November 10th, 2008 at 3:44 pm
I was laid off in the Chicago Office..there were a lot not sure of exact number but from what I heard they are still laying people off.
November 11th, 2008 at 3:04 am
How best the interest of H1 Visa people will be protected?
What is the exact time allowed them from the date of termination? deloitte will arrange for the return ticket? any idea.
November 13th, 2008 at 1:53 pm
you can legally stay in the US 30 days after the termination date to transfer your H1 to another firm. They also are responsible in providing you a plane ticket. Got laid off too yesterday, but from kpmg. that’s what i was told by HR. sucks.
November 14th, 2008 at 3:48 pm
I can help. If you are an auditor, even with an H1B-visa that requires a transfer, call me or email me. I specialize in placing auditors nationwide and I work with Fortune 500 clients. Susan.dial@msi-intl.com 469-713-3043
November 14th, 2008 at 5:17 pm
Deloitte will pay for the return ticket if you decided to go back to the country where you are from. As for how much time is allowed, there is no rule for it; the immigration law is not very clear here for those who are terminated while on H1b and who are looking for another employment. It’s better to find a job ASAP, and some people think that it’s safe to transfer the visa within 30 days after your layoff date.
After you transfer the visa, it’s possible that the immigration office may not approve an extension of H1-b, even though they usually approve h1-b transfer itself, in which case you have to go to the US-Embassy outside the US and get the extension approved there and return to the US with a new visa stamp.
Let me share my experience.
I was on H1-b and was laid off by Uncle-D at the end of August with 4 weeks pay and 2 weeks additional pay upon signing a waiver.
I found a new job and file a transfer on 29 or 30th day after the termination. Started working at the new company 3 weeks after I filed the transfer. As of this date, I am still waiting for their response, which I was told to take about 3 or 4 months. My immigration attorney told me that the worst thing that can happen to me right now is that they do not approve my visa extension and that i will have to go out of the US to get my extension approved at US embassy.
I wish the best to those who are laid off now.
November 15th, 2008 at 6:17 am
I am in need of H1b transfer and job. I am from consulting laid off fifteen days back. My effort in searching job with consulting company is not giving any response.
November 18th, 2008 at 4:56 pm
Hi! I just got a job offer from Deloitte…I am still trying to decide whether I should sign it…specially after reading about the layoffs. Its very sad to hear that they are laying off people…yet they are still hiring full time staff. Did Deloitte decide to let go of certain people based on performance? Would it be safer for me to work as an auditor in a smaller firm or should I just go to industry all together? Please…any piece of advice will help! Thanks!
November 19th, 2008 at 2:06 pm
Deloitte laid off 17 partners in Russia and 50% of the workforce in other CIS countries in shameful and quit way.
They are saying they are laying off people, because they are not so goood, performance was not good, although reason is obvious for everyone. Economic Crisis. It is shameful that they are trying to fire people, without paying compensations.