Big four brexit impact UK

Hi there,

I work in a small firm in Madrid but moving to London shortly. I have a also a British passport.

I'm hoping to get a job in one of the big 4 in London at some point.

I've noticed that the big 4 are currently advertising many more jobs in continental Europe than in the UK and I was wondering if this is perhaps a trend after brexit? This is based mostly on info from LinkedIn. I mean Deloitte seems to be looking for over 5k employees in Germany and just over 100 in the UK which I find surprising given the size of their Uk operations is significantly bigger… KPMG is looking for 300 people in the Netherlands and only 100 in the UK. Anyone working in these companies is aware of this?

While banks are recently hiring more people in continental Europe they still have many more vacancies in the UK (particularly American banks) so I'm wondering if the big 4 are affected differently and it's not very well documented as far as I'm aware.

thanks in advance!

Comments (8)

  • Prospect in Consulting
Jan 22, 2022 - 6:43pm

I recently received an offer from one of the strategy houses within the Big 4 and they had their largest intake ever this year. I was rejected by another Big 4 a few months ago and their hiring needs are so big that they started an additional hiring process (where I got an interview invitation for the same cycle I was previously rejected for...). Not sure if it's the same across all their areas of business but Big 4 strategy consulting is hiring more people in the UK than even before.

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  • Prospect in Consulting
Jan 22, 2022 - 7:06pm

To answer your point more directly: it's possible that (1) not all positions are advertised on LinkedIn, and that (2) it's not the best indicator of hiring numbers either way (one listing can be for a position with just one vacancy whereas another can be a position that has 50 vacancies)

Jan 23, 2022 - 5:55am
carlos_mata, what's your opinion? Comment below:

Thanks! I thought about that, however I try to compare it with the job openings in their websites and it seems to match what's in LinkedIn. I agree its not very accurate in any case…. 
EY has almost 3.5k openings in Germany, in line with the UK and I wonder if this has always been the case. I don't think so considering the size of their German operations so far. Do these firms need to have people in the EU? Perhaps if they think that's where the action will be? If someone from the inside has further information  please share away!

  • Prospect in Consulting
Jan 23, 2022 - 7:55am

The German consulting market is much bigger than the UK so would make sense. The other thing is that the Big 4 have everything from audit to tax so it's quite meaningless to think about it. In the end, how does it matter for you what their sizes are in other countries if you want to work in London?

Jan 23, 2022 - 12:13pm
carlos_mata, what's your opinion? Comment below:

I'm terribly curious to know if the big 4 are expanding in the EU as a result of brexit. I'm keen to move to London in any case, correct. There is no other city I rather be but it's interesting to know the POV of employees of the big 4 with respect of what the capital of finance in Europe will be a few years. 

  • Prospect in IB - Gen
Jan 22, 2022 - 9:15pm

Parthenon started recruiting again because they didn't get enough hires from their original interview process, but they aren't hiring more than they originally wanted. Strategy& have a big intake this year because ridiculous amounts of churn…

Jan 24, 2022 - 4:51pm
goldenlocks21, what's your opinion? Comment below:

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