Deloitte planning layoffs in response to federal crackdown on consulting contracts.

From Yahoo Finance: 2025-04-04 10:32:00

Deloitte announced layoffs in its government and public services practice, affecting a “small percentage” of employees. The firm has seen 127 federal contracts cut or modified since January, totaling $371.8 million in reductions. The General Services Administration is pushing for deeper consulting cost cuts. Deloitte executives acknowledged recent contract cuts at a Thursday meeting. Performance bonuses will be paid as expected this fiscal year. Employees feel a shift in the company’s climate due to recent developments.



Read more at Yahoo Finance: Deloitte is planning layoffs after a federal crackdown on consulting contracts