Deloitte Adjusts US Workforce in Response to Federal Demands

In a significant move, Deloitte has decided to reduce its US workforce, specifically targeting government consulting and advisory roles. This decision comes as a direct response to increasing federal pressure aimed at reducing project costs. Insights shared with The Wall Street Journal highlight that the layoffs are not just about cost-cutting but are also influenced by slower growth in certain sectors and evolving demands from government clients.

Strong Overall Demand Despite Workforce Reductions

Despite these layoffs, Deloitte has been quick to point out that the demand for its services remains robust across the board. The firm is in the process of notifying the affected employees, with the exact number of job cuts still under wraps. Deloitte, with its nearly 173,000 US employees as of late 2024, stands as one of the globe's leading professional services firms, both in terms of revenue and workforce size.