The British firm EY, which recently renounced to spin off its audit and consulting activities, announced on Monday the dismissal of some 3,000 employees in the United States due, in particular, to “economic conditions” and “excess capacity” in certain activities. . This represents less than 5% of the workforce in the country, the group said.
Other consultancies have recently made similar decisions, starting with Accenture, which announced a savings plan at the end of March that foresees the elimination of some 19,000 jobs, or 2.5% of its workforce, spread over the next 18 months.
According to news reports, KPMG also announced in February its intention to lay off about 700 people in the United States, or about 2% of its workforce, while McKinsey planned to cut 2,000 positions.
Not the result of the recently completed strategic review
At EY, management says the job cuts “are part of the day-to-day running of our business” and “are not the result of the recently completed strategic review.”
The group, which had made official its intention in September to separate its auditing and consulting branches in order to be able to award contracts in one or the other of these activities without having to worry about possible conflicts of interest, even finally gave up after opposition from its associates in the United States.
Source: BFM TV
