Consultants may need Consultation! Big Four Hiring Binge grinds down to Partner Layoffs
The Big Four: EY, KPMG, PwC and Deloitte moved towards partner layoffs after hiring binge, forecasting a slowdown of growth in the Professional Services Sector
By Manu Sharma - On December 19, 2023 6:22 pm - 2 mins read
During a recent webcast call with U.S. partners and staff, a senior partner at Ernst & Young (EY) delivered a somber message typically reserved for clients: cost-cutting measures are imperative. Dave Burg, EY’s Head of Americas Cybersecurity, acknowledged the challenges in the business, addressing resource constraints, slowed growth, and excess capacity during the call on…
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