In 2026, while other Big 4 firms made headlines for layoffs, Deloitte took a quieter—but arguably more important—approach. Instead of cutting large numbers of employees, Deloitte is changing how its workforce is structured, compensated, and managed. At first glance, it looks like a routine internal update. It’s not. This is one of the biggest
In April 2026, KPMG made one of the most surprising moves in recent Big 4 history:it cut both rank-and-file employees and its own partners. That second part is what makes this story different. This isn’t just another round of consulting layoffs—it’s a signal that something deeper is changing inside the accounting industry. What Actually
Layoffs at EY have intensified throughout 2025, reaching deep into the U.S. firm's core service lines: Audit, Tax, and Consulting. While layoffs have been ongoing globally, the U.S. has seen a distinct pattern of staff being quietly let go—sometimes regardless of performance. This post breaks down which service lines are being hit, what levels
Each summer, professionals at EY await updates on compensation—raises, promotions, and bonuses that reflect their hard work and market trends. FY26 (summer 2025) was no exception, and Reddit’s r/Big4 and r/Accounting communities once again served as a valuable source for firsthand data. This post breaks down the trends, numbers, and reactions from employees across
PwC Begins Major Workforce Cuts PwC is undergoing one of its largest workforce realignments in recent years. In its latest fiscal year, the firm cut approximately 5,600 jobs globally, a significant reversal from earlier hiring goals. These reductions span support roles, client-service teams, and specific international regions that have seen major market disruptions. While
Deloitte Layoffs 2025: Navigating Federal Consulting Cuts and Industry Shifts In April 2025, Deloitte, one of the "Big Four" accounting and consulting firms, announced a round of layoffs within its U.S. operations. These cuts primarily target the Government and Public Services (GPS) division, a segment heavily reliant on federal contracts. While the firm has
In the high-stakes world of tech, reliable financial reporting is essential — especially when you’re a key player in the AI hardware boom. That’s why all eyes were on Supermicro, the high-performance server manufacturer and key Nvidia partner, after it filed several overdue financial reports with the U.S. Securities and Exchange Commission (SEC). But
The Big Four accounting firms — Deloitte, EY, KPMG, and PwC — have once again made headlines over the past week. From launching a law firm in the U.S. to internal restructurings and debates over regulatory reforms, here’s a quick recap of the biggest developments shaping the future of the world’s top professional services
The accounting profession is facing a major talent crisis, and KPMG U.S. Chair and CEO Paul Knopp is sounding the alarm. In recent statements, Knopp highlighted the urgent need for reforms to address the growing shortage of accountants, a problem that is already affecting businesses and financial systems across the country. accounting shortage
In a significant move that has sparked discussions across the corporate world, KPMG, one of the "Big Four" global accounting firms, recently removed its Diversity, Equity, and Inclusion (DEI) initiatives from its website. For years, KPMG has touted its commitment to creating an inclusive workplace, but this decision to take down these prominent references
