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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services.

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Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

PwC Adds More Minorities to Ranks While Partner Promotions Lag [ Bloomberg Tax ]. The ranks of Black and Latino staff at PwC LLP have steadily increased amid efforts to better recruit and retain a more diverse US workforce, the firm said in an annual sustainability report. Herbein + Company Acquires Organizational Psychology Firm.

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