Big Four Accounting Firms Overhired. Now They’re Starting to Lay Off Partners.
An Ernst & Young senior partner, during a call with some of the accounting firm’s U.S. partners and staff, delivered...
consulting
The American Store Is Shrinking
Updated Dec. 12, 2023 5:04 pm ETListen to article(1 minute)The average store size in the U.S. is the smallest it’s...
WSJ News Exclusive | Risk-Advisory Firms Decide Hong Kong Isn’t Worth It
Updated Oct. 16, 2023 12:00 am ETHONG KONG—A number of investigation firms are retreating from Hong Kong and moving staffers...
Why No One’s Going Into Accounting
Listen to article(2 minutes)An accounting career, once a launchpad into the upper middle class for hundreds of thousands of Americans,...
For Once, Rookie Consultants Don’t Have Enough to Do
With few clients, some young workaholics are spending their workdays watching Netflix. They’re still getting paid. Source link
The Horrible Performance Review That Set Him on the Road to CEO
John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But...
Labor Market Headfake? Key Report Could Be Overestimating Job Growth
The high-profile payroll survey could be overestimating job growth because of quirks in how the data are calculated. Source link
Robust Hiring in April Shows U.S. Job Market Remains Hot in Cooling Economy
Hiring picked up as employers added 253,000 jobs last month. The unemployment rate fell to 3.4%. Source link
In China, a Detention and a New Espionage Law Have Businesses Worried
Foreign companies are growing more concerned about the safety of their staffs and the reliability of Beijing’s pledges that China...
WSJ News Exclusive | McKinsey Winding Down Firm’s Bankruptcy Practice
Consulting firm McKinsey & Co. is winding down its bankruptcy practice after numerous lawsuits and government investigations concerning the division’s work...
EY’s U.S. Auditors Are Demanding Concessions in Split
Ernst & Young’s renegade U.S. auditors want the new audit-focused firm to have more of EY’s lucrative tax practice, threatening...
Job Postings With Broad Pay Ranges Leave Applicants Guessing in NYC
BusinessSome companies stretch salary ranges to hundreds of thousands of dollars as they comply with New York City’s pay-transparency law...
Ex-MoviePass Executives Are Charged in Securities Fraud Case
The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new...
Finance Chiefs Switch Jobs, Retire as Companies Face Uncertainties
A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an...
How the Inspire Brands CEO Learned to Care About Company Culture
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
Supermarket Discounts Are Harder to Find as Food Prices Rise
In U.S. supermarkets, toilet paper and noodles are back in stock, but one prepandemic staple has yet to fully return:...
Peloton Delays 10-K Annual Report to Complete Accounting
Peloton Interactive Inc. PTON -8.50% said it needs to delay filing its annual report with securities regulators, the latest setback...
Black and Hispanic Employees Often Get Stuck at the Lowest Rung of the Workplace
For all of the effort companies have poured into hiring and advancing people of color, those moves rarely benefit the...
WSJ News Exclusive | Accounting Firm EY Grapples With Partner Pay, Bear Market in Breakup
Ernst & Young’s leaders, trying to persuade partners to split up the firm, said windfalls would be spread evenly, but...
Latam Airlines Cleared to Depart Chapter 11 Under Creditors’ Control
A bankruptcy judge approved a chapter 11 exit plan for Latam Airlines Group SA that puts $5.44 billion of fresh...
