Deloitte US faces 900 job cuts

Deloitte US faces 900 job cuts

The US firm's spokesperson said Deloitte was looking to cut costs 'just like anybody else'

Deloitte US is to axe 900 employees as it adjusts to a slowdown in the
economy.

The US firm’s spokesperson, Deborah Harrington, said the firm was looking to
cut costs ‘just like anybody else’.

The cuts are expected to affect less than 2% of Deloitte’s 45,000 employees
but will not be concentrated on any particular location.

‘In a move to align its workforce to better reflect business and client
needs, Deloitte LLP is taking a number of steps to reduce costs, including
adjustments to its workforce levels in the United States.

‘The cost-containment program is taking place across all support functions
and client service units. Part of the plan is to align our headcount according
to current and projected revenues. Like our competitors, we are affected by a
number of economic events, including the overall slowdown in the U.S. and global
economies,’ the firm said in a statement.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource