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SHOCKING NEWS: EY Delays Graduate Start Dates AGAIN! Is This the End for Young Hopes?
Hold onto your hats, folks! The legendary Big Four firm EY has dealt a devastating blow to fresh graduates, announcing yet another delay in start dates for new recruits! For the THIRD consecutive year, the firm is shrugging off their responsibility to eager newcomers, citing โuncertain and evolving market conditions.โ What does that even mean?
๐จ GET READY FOR MARCH 2026! ๐จ
If youโre an undergraduate or specialty master’s student dreaming of joining the ranks of EY Parthenon, youโll need to put those dreams on ice until MARCH 2026โat the earliest! Talk about a gut punch for those looking to dive into their careers!
This stinging turn of events comes in the wake of a sluggish mergers and acquisitions market, leaving firms scrambling for business and reducing the chances of new hires starting anytime soon. It seems that while other firms are charging ahead with โfull speed,โ EY is stuck in the slow lane, with too many consultants twiddling their thumbs and not enough projects to keep them busy.
๐ฐ HEREโS THE KICKER! ๐ฐ
In a desperate attempt to trim their growing workforce, EY is dangling $10,000 in front of recruits if theyโre willing to push back their start date to later in the year! Wait, thereโs more: graduates can also just walk awayโbut theyโll keep their sign-on bonuses! Who knew that the path to success would come with the catch of an economic rollercoaster ride?
One stunned grad, who turned down a lucrative offer from a major tech company for what turned out to be a โdisrespectfulโ offer from EY, shared their heart-wrenching story: โI walked the stage on Saturday and got that email on Monday! Congratulations on your graduationโoh, wait, just kidding! Huge delay!โ
In response, EY said theyโre in constant communication with their new recruits. But how can they sleep at night knowing their hires are left in limbo? A former EY insider alleges this is just a symptom of the firmโs struggles to keep up during turbulent timesโwhere fewer staff are leaving, leading to a surplus of consultants.
This dire situation isnโt just an EY problemโother Big Four firms are making headlines of their own with devastating layoffs and restructuring efforts. Just this month, PwC announced it would lay off a whopping 1,500 staff in the US, following 1,800 cuts from last year! And letโs not forget Deloitte, which is expected to follow suit with massive layoffs across its advisory services.
The Big Four are battling for survival! Will this spell doom for the dreams of a generation? Buckle upโthis economic crisis is just getting started!
photo credit: www.ft.com
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