Consultants moved to avoid public sector squeeze
Firms move consulting staff off public sector beat, as public sector spending restraints hit home
THE SQUEEZE on public sector spending has hit the consultancies, who are desperately shifting staff around the rest of their businesses.
PwC has moved 40 consultants out of its public sector practice recently, while Accenture shifted a team of 50 people into a banking project, reported the Times.
Other firms, including Deloitte, have also move staff from public sector work.
The move may be short term, as firms had previously told Accountancy Age of aggressive plans for growth.
While they had suggested short-term pain due to a reining-in of public sector consultancy spending, firms predicted that the huge efficiency drives in both local and central government would require external advice.