Layoff Watch ’23: RSM Is Getting Rid of Some ‘Highly Technical’ Consulting Folks

Posted on by Adrienne Gonzalez
grungy RSM logo

Heard a few grumblings about RSM layoffs earlier today, lo and behold there’s a Reddit thread.

Text:

Hearing rumors from multiple sources that RSM is conducting layoffs today and for the rest of the month.

Areas impacted today: Transaction Advisory Services.

If you are a client of RSM, ask for a new firm. Partners sending all the work to india and keeping the profits.

Here’s what we were told via the tip box:

Heard from an insider source that RSM’s technical accounting consulting laid off about 20 today, focused heavily on Directors and Senior Director group. Some of the names I was pretty shocked (highly technical folks) so this is not a performance based issue related but instead seems like higher paid individuals as the group struggles with revenue.

It appears only consulting is affected. Someone on Reddit asked if audit should be worried, a senior assured them that “audit people are quitting faster than they can lay them off.” Whew.

Related Posts

Friday Footnotes: Accountant Bros Behaving Badly; Deloitte Partners’ Haul; CLA Has a New CEO | 12.25.20

Atlanta accountants plead guilty to $1.2B in fraudulent charitable deductions [Atlanta Journal-Constitution] Brothers Stein Agee […]

Accountant’s Neighbors Disgusted with His Overgrown Bush

It would probably surprise no one that landscaping is hobby that many accountants are fond of. Or maybe it would. Whatever. The meticulousness of making sense of numbers seems to jive well with a finely manicured lawn, trees and bushes that adorn one’s property. Plus, the green thumb matches the eyeshade.

Anyway, putting all that time and energy into natural aesthetics could cause anyone to get a little possessive. If anyone so much as lays a finger on a single tree branch without permission, things could get ugly. To wit:

An accountant who allegedly left a former policeman bleeding and concussed in a brawl over hedge trimming before launching an expensive law suit has defended his response insisting: “It wasn’t just trimmed it was butchered”.

Now if that sounds like a bit of an overreaction, the accountant in question – Anthony Branson – claims that this incident was part of ‘extreme intimidation’ by his neighbors, the Marreros. Intimidation that was ultimately brought to a head:

The next day Mr Marrero, who had been away, sent family to attempt to finish off clipping the hedge, something Mr Branson said further antagonised the situation. He also claims he discovered the gates of the adjoining paddock, where he and his wife Corrinne keep around a dozen alpacas, left open, apparently deliberately.

Trimming a man’s bush without permission could be understandable. But dragging innocent, sometimes overly hairy, camelids into the situation? That just seems uncalled for.

Hedge brawl accountant: ‘It wasn’t just trimmed it was butchered’ [Telegraph]

One thought on “Layoff Watch ’23: RSM Is Getting Rid of Some ‘Highly Technical’ Consulting Folks”

  1. yes Audit and Tax were cut too. from our audit team 10% of the team, 3 ppl got laid off. But they were super under performing, they could not get promoted, don’t even have CPA license so they deserve to go.

    0

Comments are closed.