• PwC Layoff – Meet Me At The "Reorganization"

    By • Feb 8th, 2008 • Category: Pure Content

    My email brings me pleasure every day…More on this early next week.

    Dear Francine,
    I was one of the victims of the PwC Reorganization. Had been with the Firm for [more than 10 years] as an [Internal Services Manager] and in [late fall], they let me know that I was somehow not qualified to do the job I had done for, well… [more than 10 years].

    I always had Exceeded Expectations on my reviews and was a top performer. I knew all of the other Top Performers (including the Chairman Award winner) that had been let go in the midst of this debacle and loved reading your blog and comments about it.

    [When you see] the FAQs they distributed, you immediately notice the part with regard to Severance Packages. In fact, the Severance offer that was in the original FAQ for Wave 1 (and was promised throughout all 3 waves) was majorly, severely changed by Wave 2.

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    6 Responses »

    1. I am former PwC employee. I got “separated” on 02/08/08 from the Systems and Process Assurance Group in the Atlanta Office. I agree that this wave of layoffs (11 people in one week )was poorly planned and the Atlanta SPA group management is yet to be held responsible for hiring 11 new employees in July 2007 through September 2007 and then laying off 11 employees six months later because they failed to have foresight on the effects of AS

      SPA Staff in the Atlanta Office don’t know if there is going to wave 2,3 or 4. Morale is low and their rationale for chosing those individuals to layoff was ill-conceived, experienced hires, seniors and experienced seniors vs new hires.

      These type of actions are the reasons why people go “postal”.

    2. If you are a victim of the PWC layoffs, contact me.

      My name is George Elliott and I am an Executive Recruiter with firstPRO,Inc. I specialize in working with Finance and Accounting professionals and I have helped numerous Big 4 executives find their dream jobs in industry or with another public firm.

      At firstPRO, Inc.,we have built relationships with the biggest and best employers in Atlanta over the last 20 years and we are experts in finding the right opportunity for the right candidate. I’d like to discuss the many opportunities that I can make available to someone with your background. If you are looking to reduce your travel, increase your salary, work closer to home or have a better work life balance, you can contact me at the numbers below.

      I look forward to speaking with you.

      g.elliott@firstproinc.com

    3. I am another former PwC’er. I was a director in the NY office, and was cut last week. I’d like to know how widespread the cuts were.

    4. west coast is also pretty bad. some people were given zero day notice, even those on work visas.

      we’re just waiting for the layoffs in the other LOS.

    5. Greetings to all former collegues, I was browsing thru and saw the headline and felt a need to read this. I too was let go on the 2nd wave and felt very upset at them not letting me know exactly why, yet I find out they hire about 7 to 10 more people after they let some very good people go in the New York office. I was working in I.F.S. for over 3 years. I have traveled across the country work my a$$ off for them. Yet they don’t see it. I am glad to be in a new place that pays more and appricate the work I do. I will forever be disgruntle towards PWC. Management is retarded and if they plan on making anywhere in life. They can kiss my a$$. hahaha Theres my 2 cents.

    6. Good Afternoon!

      We are seeking some great employees to join our Accounting team at Walgreens in Deerfield, IL!

      Walgreens is the nation’s largest drugstore chain with fiscal 2007 sales of $53.8 billion. The company operates over 6,000 stores in 49 states and Puerto Rico, including 77 Happy Harry’s stores in Delaware and surrounding states. With 500 store openings per year, Walgreens will operate over 7,000 stores by 2010. Walgreens is expanding its patient-first health care services beyond traditional pharmacy through Walgreens Health Services, its managed care division, and Take Care Health Systems, a wholly-owned subsidiary that manages convenient care clinics inside drugstores. Walgreens Health Services assists pharmacy patients and prescription drug and medical plans through Walgreens Health Initiatives, Inc. (a pharmacy benefits manager), Walgreens Mail Service Inc., Walgreens Home Care Inc., and Walgreens Specialty Pharmacy LLC.

      Ranked 2nd among food and drug retailers on Fortune’s “Most Admired Companies in America” list. We offer challenging and rewarding opportunities in a friendly, diverse, inclusive and respectful environment, with excellent benefits including:

      · Company-matched profit sharing contributions

      · Stock discount purchase program

      · Employee discount plan

      · Train shuttle service

      · On-site childcare

      · Flex-pay

      · Medical/Dental plan

      As the nation’s leading pharmacy, we seek professional individuals to fill key positions at Walgreens, ensuring our leadership and taking us to even higher levels of growth, profitability, innovation and customer service. Walgreens is an equal opportunity employer and welcomes individuals of diverse talents and backgrounds. Walgreens promotes and supports a drug-free and smoke-free workplace.

      The following positions are all located in Deerfield, IL and are open for the week of August 12, 2008:

      Job ID Title
      10678 Manager, Health & Life Insurance

      11108 Group Manager, WHS FP&A

      6321 Senior Accountant

      9462 Supervisor, External Financial Reporting

      9639 Group Manager – WHS Controls and Processes

      10866 Tax Accounting Supervisor

      11115 Budget Analyst

      11084 Group Manager, Accounting

      11310 Accountant

      If you are interested or know of someone who may be interested, please forward along or please take a few minutes to upload your resume to the Job ID# listed to the left and fill out an online application at: http://www.walgreens.com/about/careers/default.jsp?cf=ln.

      We look forward to learning more about your background and connecting with you soon!

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