Deloitte Layoffs 2020: Consulting Firm Cuts 6,000 Jobs Worldwide
Deloitte has laid off roughly 6,000 employees worldwide — including staff cuts in the United States, Canada and Australia, according to reports stretching from May through June 2020. The cuts represent less than 2 percent of Deloitte’s staff, according to 2019 headcount figures from the company.
Deloitte’s overall revenues are expected to rise 6 percent to US$48 billion this fiscal year, The Australian Financial Review reports. But the coronavirus pandemic and associated economic challenges have pressured Deloitte’s consulting utilization rates, according to multiple reports. As a result, the consulting firm has cut jobs in multiple markets over the past few weeks.
The Deloitte layoffs span:
- 5,000 jobs in the United States, Consulting.US reports;
- 300 to 400 jobs in Canada, GoingConcern reports; and
- 700 jobs in Australia, The Guardian reports.
Technology Industry Layoffs: Complete Job Cut List
Deloitte: Cloud, Managed Security and Technology Services
Deloitte is best known for offering audit, consulting, advisory and tax services. But the company also ranks among the world’s Top 200 MSSPs, and Top 200 Public Cloud MSPs. Moreover, Deloitte has acquired multiple IT consulting firms that specialize in Amazon Web Services (AWS), Salesforce cloud CRM deployments, and more.