01-12-2023, 11:50 PM
https://big4accountingfirms.com/the-blog...3-layoffs/
Big 4 Accounting Firms 2023 Layoffs
2023 has proven to be a tough year economically for many companies. There has been a huge lift in the tech market related to AI however other industries have suffered. Consulting is one of those industries and that is why the big 4 accounting firms have started to lay people off. Most of their layoffs are in the consulting practices. The layoffs in consulting also relate to private equity and M&A activity. This is as a result of a slowdown in investments around the world.
EY – 3,000 layoffs – April 2023 – US
Deloitte 1,200 layoffs – April 2023 – US
KPMG – 3,000 Layoffs – As of June 2023 – US
Grant Thornton – 300 Layoffs – May 2023 – US
PwC – no official layoffs. People are saying that there are going to be silent layoffs.
Big 4 Accounting Firms 2023 Layoffs
2023 has proven to be a tough year economically for many companies. There has been a huge lift in the tech market related to AI however other industries have suffered. Consulting is one of those industries and that is why the big 4 accounting firms have started to lay people off. Most of their layoffs are in the consulting practices. The layoffs in consulting also relate to private equity and M&A activity. This is as a result of a slowdown in investments around the world.
EY – 3,000 layoffs – April 2023 – US
Deloitte 1,200 layoffs – April 2023 – US
KPMG – 3,000 Layoffs – As of June 2023 – US
Grant Thornton – 300 Layoffs – May 2023 – US
PwC – no official layoffs. People are saying that there are going to be silent layoffs.