Consultants Axed

A reader writes in with some depressing exit packages for consulting firms.

M. Cocktailz reports that PricewaterhouseCoopers laid off employees last week in its CMBS and CRE CDO group, otherwise known as “Real Estate Business Advisory Services” with a generous two weeks per year of employment.

Meanwhile, our source also reports that a similar unit at Deloitte is also cutting staff.

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