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EY EY implements significant partner layoffs in US amid streamlining efforts & reduced demand from economictimes.indiatimes.com
KPMG has implemented layoffs across various regions to adapt to shifting client needs. EY has also undertaken staff reductions, with its UK financial services consulting practice cutting over 5% of its team due to decreased demand for advisory services.
EY EY implements significant partner layoffs in US amid streamlining efforts & reduced demand The job cuts will primarily affect EY's technology consulting arm, with around 100 roles expected to be eliminated. EY's latest financial report shows performance and hiring fell to their lowest levels in 14 years. The move comes after EY's non-partner headcount fell by almost 500 last year and average partner profits fell by 15 per cent to $793,000.
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