Ernst & Young (EY) Learning Week in May gave employees at the strategy consulting firm the chance to improve by taking online courses such as “Conversing with AI, one prompt at a time” and “How powerful is your digital product in the marketplace?”
However, the report that appears The Financial Times revealed the unexpected result of the week: expulsion for “cheating.” EY employees who tend to attend more than one course at the same time are let go.
Related: Meta Fires Employee Making $400,000 a Year Over $25 Food Stamp Problem
EY requires employees to complete 40 academic credits per year, and classes up to that number. The company said that a number of employees were caught doing many courses at the same time.
For employees, the layoffs were reportedly shocking, given the culture at EY.
Others told the FT they saw some staff doing things like taking two clients’ phone calls at the same time. To them, the company has a “multitasking culture,” complete with three supervisors each.
According to Glassdoor, the average base salary at EY in New York City is $105,000 per year, with an annual bonus of $10,000.
Fraud is a serious matter for EY. In 2022, the company had to pay a $100 million fine, the largest ever fined for a company of its type, after the Securities and Exchange Commission found that its employees had cheated on technical tests and academic courses.
Related: US Recession Fears ‘Excessive,’ According to EY’s Chief Economist. Here’s Why.
EY joins Meta in firing employees who abuse benefits. Last week Meta reportedly let go of nearly two dozen employees who used a $25 dinner voucher for things other than dinner for an extended period of time.
EY has nearly 400,000 employees worldwide.
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