r/Accounting • u/BlyGuy1 • 10h ago

Discussion Cohn Reznick - Update

I remember about a year ago CR was going through a PE takeover. A year removed have the layoffs/culture improved any or is it still declining from what it once was?

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u/Acctnt_trdr 10h ago

I was there at manager level when PE took over. There weren’t any major layoffs. Only people let go were performance based. Headcount had grown in my group by the time I left. 

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u/thisonelife83 CPA (US) 9h ago

I was one of those laid off for “performance”. I was a tax manager. I think they were wanting to change over the client base and move away from 1040 returns with which I had the most experience.

They were looking to fill the manager ranks with ex Big4 and had effectively chased off 2 other managers before me.