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Which PA practice will see the biggest redundancies?

 
forum comment
#0 Which PA practice will see the biggest redundancies?
 
The real slim shady
06.07.9 00:00
 
We’ve been told it’s about 6% corporate wide, but which practices will be hit hardest?I would think that most of the job cuts are likely to be targeted at those practices with a big public sector focus – primarily Government and BOP. They seem a pretty whiny lot.
 
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forum comment
#0 RE: Which PA practice will see the biggest redundancies?
 
Govt
07.07.9 00:00
 
There are a lot of people on the bench in Government, so I'd imagine the job cuts would be harshest there. Why should my bonus pay for lard asses on the bench?
 
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forum comment
#0 RE: RE: Which PA practice will see the biggest redundancies?
 
Anon
07.07.9 00:00
 
Agree is likely to be govt - good partners have retired or gone on sabbatical, little or no work coming in, large contracts coming to an end etc etc.
 
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forum comment
#0 RE: RE: RE: Which PA practice will see the biggest redundancies?
 
PA-er
08.07.9 00:00
 
Which world are you guys living in? Do you even understand the basics of business? No wonder we need to let some people go First of all Public Sector clients does NOT mean Government practice. In terms of Utilisation , the Government practice is doing quite well than most of the other practices. If I remember correctly, they are in the Top 4 YTD. Its practices like GEP, CME and BOP which is letting us down and logically they have to take most of the hit - Theres no way any company can sustain 50% utilisation or so which these practices are providing. Government, Defence and most of ITG will have to do minimal cutting down, in my opinion - Its the others who have to be worried.
 
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#0 RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Che
08.07.9 00:00
 
I would suggest that rather than being practice based by its very nature it will be individual based.My view is over reliance on any one particular area makes you vulnerable.The Public Sector, central / local / education / etc, may currently be burning tax payers money like there is no tomorrow on paying consultants to write job specs etc but come the revolution the money wasters and those who feed off them must surely pay the pricePower to the taxpayer
 
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forum comment
#0 RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
ATopConsultant
16.07.9 00:00
 
Have heard that new graduate joiners are getting contracts rejected before even starting.Are the redundancies likely to be first in last out?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
ATopConsultant
16.07.9 00:00
 
Clearly meant Last In First Out!
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
ANONA
16.07.9 00:00
 
I have to admit that thought did cross my mind but honestly believe the "last in, first out" philosophy does not help at all. There is obviously the fact that companies need to spend lots of $$$ to get people in through training etc etc.My opinion is get rid of the long termers who have a proven track record of NOT delivering and give the newbies a chance to prove their worth.If all else fails, they better give me a dam good redundancy package as ive only been at my firm for 8 months now and have spent a lot of time on the bench due to lack of work around!
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
ANONB
16.07.9 00:00
 
ANONA - you'll be getting nothing
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Scrooge
17.07.9 00:00
 
I'm a little confused by this consultation process. Isn't this supposed to be about investigating other options to redundancy? Yet they've announced the number of people being made redundant.......and as for the package on offer!
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
JS
17.07.9 00:00
 
It's a consultation PROCESS that must be followed legally - that's all it is.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
anon
17.07.9 00:00
 
Yes, process is as follows (same at all firms, not just MC's)1. Announce target number for redundances2. Look for openings that would save any individuals from beign made redundant3. See none4. Make original target number redundant.It the law.
 
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forum comment
#0 RE: Which PA practice will see the biggest redundancies?
 
friend of PA
17.07.9 00:00
 
So what is the announcement about redundancies then?How many are for the chop?
 
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forum comment
#0 RE: RE: Which PA practice will see the biggest redundancies?
 
Anon
17.07.9 00:00
 
Does anybody know which PA practices are being affected by these redundancies?
 
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forum comment
#0 RE: RE: RE: Which PA practice will see the biggest redundancies?
 
BOPper
17.07.9 00:00
 
6% job cuts across the company, with a continuation of the pay and promotion freezes until further notice.In BOP, we have already seen one partner leave hurridly at the end of June, even though she had only been with the company 9 months. At least one other partner / MC from BOP will go shortly. Our practice has been too reliant on the public sector, and so is likely to see much bigger job cuts.FT&P seems likely to be closing down too, due to lack of partner interest and involvement, coupled with losing experienced staff over the past year, things are due to get a lot worse for BOP before they will get better.
 
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forum comment
#0 RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
J
17.07.9 00:00
 
PA has strengths, but is happy to ditch people when it needs to. Those who will go won't be under performers, they will be recent laterals who haven't bought in to the PA culture, and expensive PCs on the bench through no fault of their own. It won't be established partners who couldn't sell ice cream in a heat wave.
 
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forum comment
#0 RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Tony Montana
18.07.9 00:00
 
FT&P?? don't think that's a PA practice. there does need to be a bit of a cull of the partner group - so many of them can't sell
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
BOPper
20.07.9 00:00
 
FT&P are the finance transformation group that sit within BOP
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
sack 'em all
20.07.9 00:00
 
I thought that the only staff who left FT&P were dead wood who needed to be moved on.May be wrong but that was certainly what I heard.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
anon
20.07.9 00:00
 
sack 'em all All of the rest of the staff in there would also fit the "dead wood" description, which is why FT&P is about to be closed down.Very few, if any, of the "consultants" are even qualified accountants - just process mappers who do a bit of finance.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
ET
21.07.9 00:00
 
"Very few, if any, of the "consultants" are even qualified accountants - just process mappers who do a bit of finance. "Judging by most of the big 4 having to let people go, having a business stuffed full of qualified accountants (or finance people who do a bit of process mapping), doesn't seem to really make a difference.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Wall-e
21.07.9 00:00
 
But if you're doing finance-related consulting, it does help if you know at least something of finance.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Outsider
21.07.9 00:00
 
World of bloody difference between an organisation steeped in literally centuries of expertise in finance and related professional services advice to clients all over the globe, and a small time UK public sector focussed consultancy that has suddenly noticed that finance could be a nice little earner for them.In the current environment, if PWC / EY and others are suffering from a downturn, then its no surprise that PA’s floundering finance transformation group (with a noticeable lack of even CIMA qualified accountants) is about to collapse.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
sack 'em all
21.07.9 00:00
 
Seem to have hit a live one here.I was hoping to stimulate some real fact based debate but instead seem to have unearthed some real numpties "steeped in literally centuries of expertise"doh - you either have or dont have centuries of expertise, literally stupid is the writer.Numpties win hand down, time to move on
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Outsider
21.07.9 00:00
 
Hi sack ‘em allYou are “hoping to stimulate some real fact based debate”. Really? Is this why you opened with an insult to your ex-colleagues by calling them dead wood?Here’s some real fact based debate for you – only a moron would try to equate the low level numpty (to use your own childish term) that works for PA Consulting with a professionally qualified accountant from one of the Big 4.What a shame that you are stepping away from the debate now – your insight and cutting wit will be sorely missed. Quite literally.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
sack 'em all
21.07.9 00:00
 
OutsiderLearn to read as well as how to use the English language.Note the use of the words "thought" and "heard" in the orginal post.Numpty seems to be a fitting description for you, especially as it seems to upset you.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Mr Numpty
21.07.9 00:00
 
Leave me out of this.Pick on someone your own size.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
JS
21.07.9 00:00
 
Getting back to the original question: BOP
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
anon
21.07.9 00:00
 
And getting back to the original question too: POC - a confederacy of dunces if ever there was one.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
BOPper
24.07.9 00:00
 
3 in BOP, but a lot of people have left recently and at least 4 others are on a PIP.Roll on the industrial tribunals.Anyone else care to share?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
PAer
26.07.9 00:00
 
So far, it looks like the big numbers are coming out of Government. The memory stick is really starting to hurt now
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
REap
26.07.9 00:00
 
Think is more global recession than memory stick.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Which PA practice will see the biggest redundancies?
 
Anon
26.07.9 00:00
 
PA is not a global player: their biggest focus is the UK public sector.Think memory sticks and upcoing government cutbacks on consulting spend
 
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