Accounting layoffs
2 managers, 22 staff out at ParenteBeard
ParenteBeard, the largest accounting firm based in Philadelphia with nearly 1,000 partners and staff in 19 offices in Pa., N.J., and N.Y., laid off 22 employees on June 2, including 6 from its Philadelphia-South Jersey region, the rest spread around the firm's network of central Pennsylvania, New York and North Jersey offices.
Separately, Albert Miller, managing director for client service, and Amber Mallon, chief marketing officer, have left the firm, spokeswoman Nikki Elkins confirmed. Miller and Mallon didn't immediately respond to messages seeking comment.
"Like many organizations, we regularly evaluate our business to be more efficient and effective," according to a ParenteBeard statement in response to my query. The dismissals came four months after ParenteBeard picked up a team of new partners and staff from Baltimore's Invotex Group. Last year I wrote about at least 18 partners who left after a previous string of mergers.