In just the last 24 hours, we’ve gotten tips about layoffs at Moss Adams, Elliott Davis, and CohnReznick. This on top of audit layoffs at KPMG first reported by WSJ yesterday. What. Is. Happening.
Here’s someone on r/accounting who says they were among the people let go at CohnReznick seemingly out of nowhere:
Been at CR for six+ years, overall a good job and I liked it. Got an email yesterday titled “Important Meeting” with no context. Had a feeling something was off. Quite a few other coworkers got the email. Turns out they’re downsizing and got let go. Not sure where to go from here. Thanks for listening to me vent, any tips/help appreciated.
Edit: To add some extra context, based in Texas. Went full remote since covid. Worked mainly Gov side majority of my time there. SR Consultant by the time I got let go. Other coworkers that got let go were Managers with more time put in than I had.
Edit 2: Was told 25 people got laid off. Pretty wild
Two other sources have confirmed there were indeed layoffs at CR including some east coast people. We don’t have full numbers at this time, will update if we get them. If you have more info, get in touch via email or text.
Is CohnReznick perhaps cleaning house ahead of a private equity deal?