Layoffs

Nationwide Layoff Watch: Deloitte Debits Attorneys

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Sometimes when the balance sheets don’t, well, balance, somebody has to pay.

This week it’s the attorneys in Deloitte‘s Miami office who find themselves with a negative cash flow. We received reports of “multiple firings,” and that such firings occurred in Deloitte’s tax department. (Yes, some attorneys do go work for accounting firms; for more on that career option, see our earlier post.)

The extent of the firings, and whether they affected other offices, is unclear. However, Deloitte’s statement to ATL, which bears similarity to the refined prose of Jane Austen Fraternity Lothario, indicates that the firings are not limited to just a few poor souls or to Miami:

In a move to align its workforce to better reflect business and client needs, Deloitte is taking a number of steps to reduce costs in some of its businesses affected by the overall slowdown in the economy, including adjustments to our workforce levels in the US.

Severance details and coping techniques, after the jump.


While Deloitte wasn’t exactly forthcoming with additional information, a tipster reports that one of the terminated attorneys received six weeks severance and an hour to clean out the office.

During these troubled times, it is important to remember that there is no “right” way to deal with the bad news of layoffs. Elie pours out a little liquor; I watch Intervention. Another eulogized a terminated Deloitte lawyer:

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He was a rare non-asshat.

A sentiment more moving can scarcely be found. Good luck to all laid off Deloitte attorneys. You’re all non-asshats in my book.

Earlier: Career Alternatives for Attorneys: Accounting Firms

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