Global Analysis from the European Perspective. Preparing for the world of tomorrow

Deloitte cuts 5,000 jobs in US, consulting takes largest hit

Deloitte US will lay off 5%, or approximately 5,000 workers, of its 106,000-strong workforce. The cuts were announced at the company on Friday morning, and will affect positions up to the level of partner.

The layoffs will not be evenly split among business lines and practices, but instead will be tied to market projections. A source told website Going Concern that advisory and consulting will likely take a bigger hit in terms of layoffs than the tax and audit businesses. Source Consulting

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