Big 4 layoffs rev up with Deloitte -- no counts yet-- BUT Deloitte’s U.S. workforce totaled nearly 173,000 at the end of 2024.
On March 31, consulting firms faced their day of reckoning as DOGE’s $65B purge hits 10 companies with force... and the estimated $65B for 2025 is a loss that could be make or break.
The 10 consulting firms on the list are Deloitte, Accenture Federal Services, Booz Allen Hamilton, General Dynamics, Leidos, Guidehouse, HII Mission Technologies, Science Applications International, CGI Federal, and IBM.
Deloitte was hit hardest - even though they don't have the biggest contract awards. They have the most to lose in absolute terms with their $3.3B federal contract.
The whole federal contract pull is a big blow after Jason Salzetti was appointed as Chair and CEO of Deloitte Consulting, effective January 27, 2025 and then Deloitte’s U.S. management consulting business experienced a significant slowdown, with growth declining from 17.8% in 2023 to less than 1% in 2024.
If you saw my Accenture projections- you know this is going to get really ugly.
https://lnkd.in/g7ThD-26