Deloitte to axe 100 more UK jobs amid deals slowdown

finance
Created 2/7/2024
Updated 2/7/2024

Deloitte in the UK is facing a tough time, planning to cut 100 more jobs due to a downturn in deal-making. This adds to previous job cuts, reflecting broader challenges in the economy affecting client demand and operational costs. The firm is reshaping its corporate finance advisory wing to focus on bigger, sector-specific deals, impacting employees across all levels. This move is part of a wider trend among big professional services firms adapting to changing market conditions.

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