PracticeAccounting FirmsDeloitte 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.

Related Articles

Productive accountancy firms lead the way

Accounting Firms Productive accountancy firms lead the way

3d Simon Adcock, HSBC
LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

Accounting Firms LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

4d Fergus Payne, Lewis Silkin
BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

1w Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

2w Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

2w Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

3w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

3w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

3w Emma Smith, Managing Editor