There will most likely be more bankruptcies coming because of the continued shutdown. This means that the big 4 will lose big clients. This means they will lose revenue and have to lay people off in key industries like retail, oil and travel.
Diamond offshore announced that they will go bankrupt. There is some speculation that Hertz might go bankrupt.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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In this episode we provide an update on Big 4 layoffs and how to plan for layoffs coming.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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The big 4 accounting firms are going to be assisting governments and companies in dealing with COVID 19.
Listen to the podcast for more details.
https://big4accountingfirms.com/the-blog/big-four-coronavirus-assistance-work/
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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KPMG UK CEO Bill Michael shared a gloomy message with his staff in the UK recently. He noted that pay has been reduced by 25% in order to preserve jobs.
https://big4accountingfirms.com/the-blog/kpmg-uk-chair-provides-gloomy-outlook/
Get updates on the latest layoffs and pay cuts at the following link.
https://big4accountingfirms.com/the-blog/ey-pwc-deloitte-announce-uk-pay-cuts/
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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Deloitte EY and PwC have all announced pay cuts of 20% in the UK.
Even though the big 4 are cutting pay, they are still hiring in the U.S.
https://big4accountingfirms.com/the-blog/ey-pwc-deloitte-announce-uk-pay-cuts/
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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Learn 8 signs that you might be getting laid off from your big 4 accounting firm job.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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Deloitte will help New York state with unemployment support needs.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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KPMG and Deloitte are reported to have won work related to government stimulus plans.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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PwC is saying that they are glad to be keeping their offers and internships during this tough time. Learn more in this podcast.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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In this episode we discuss the latest big 4 layoffs and pay cuts. PwC has noted that they will cut pay of underutilized staff by 40% in Australia.
PwC Uk said that they onboarded 180 people in March.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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Big 4 Interviews questions
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KPMG has announced what they are doing in the US. They are going to be reducing partner pay by up to 50%. BDO and CLA have also announced that they will be cutting pay.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
We've created a tracker to keep track of all the layoffs, changes in hiring and compensation changes as a result of recent news.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
In today's podcast we discuss the latest news about KPMG laying off employees in Canada.
Grant Thornton is asking employees to take a pay cut of 40% or go on sabbatical.
Deloitte is shutting down operations in Australia.
https://big4accountingfirms.com/the-blog/kpmg-layoffs-2020-big-4-pay-cuts/
make sure to subscribe to our youtube channel
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Check out our interview course.
https://big-4-accounting-firms.teachable.com/p/big-4-interview
To subscribe to our podcast on itunes make sure to visit the following link.
https://itunes.apple.com/us/podcast/the-big-4-accounting-firms-podcast/id1089822233?mt=2
Check out our books on amazon
Big 4 Interviews questions
https://www.amazon.com/dp/B06XK9VZYF
Big 4 Accounting Firms Recruiting guide
https://www.amazon.com/dp/B01N4BUP0N
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