Deloitte LLP is conducting layoffs within its government consulting team, as reported by sources familiar with an internal executive call. This action is attributed to the cost-cutting initiatives implemented by the Trump administration, impacting businesses that support the federal government.
The exact number of employees affected and other areas of potential cuts remain unclear; however, Deloitte has characterized the move as relatively small-scale.
Deloitte spokesperson Jonathan Gandal stated that the overall demand for Deloitte's services remains strong.
Deloitte LLP is planning to lay off employees on its government consulting team, according to people familiar with a call between executives and workers on Thursday.
It’s the latest sign of the far-reaching ramifications of the Trump administration’s sweeping cost-cutting efforts, which have swept up the broader ecosystem of businesses that support the federal government.
It was not immediately clear how many people Deloitte plans to lay off and where else in the business it is cutting, but the company described the move as modest.
“Overall demand for Deloitte’s services remains strong,” Deloitte spokesperson Jonathan Gandal said in a statement. ...
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