From www.goingconcern.com: (US context) Deloitte announced upcoming layoffs in its U.S. consulting sector following a federal mandate to reduce costs on government projects.

The firm indicated a need for “modest personnel actions” while noting that voluntary employee turnover had decreased, leading to the decision to downsize.

Although Deloitte did not specify the number of layoffs, concerns about business performance and potential cuts beyond consulting were raised in light of recent revenue challenges and ongoing scrutiny.

Filed under: Business Strategy & Tactics, Employment Issues