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This didn’t age well. Promotions will happen as per schedule. Only big man talking is delayed.
Apparently the promotions are not delayed - just the speech by the big man is.
The promotions in question are not delayed, will happen as scheduled. This is a misunderstanding.
Given the recent major exits, they want to delay / stop other people (juniors) from exiting!
There are expecting very high attrition at PA/SA level after the announcement. Trying to delay the inevitable. Nothing new.
A prominent tier 1 firm has delayed promotions till June. Partnership announcements will also mostly be delayed. Any logic to this?