Quick Summary
★ Deloitte, PwC, EY, and KPMG have all announced selective layoffs.
★ Main reasons include cost-cutting, automation, and reduced client demand.
★ Most affected roles: support staff, consulting, and middle management.
★ Tech-focused roles (AI, data, cybersecurity) remain secure.
★ Employees can prepare by upskilling and exploring internal transfers.
Introduction: Big 4 Layoffs in Focus
If you’re wondering which Big 4 companies are announced layoffs, you’re not alone. Deloitte, PwC, EY, and KPMG—collectively known as the “Big 4”—employ over 1 million professionals worldwide.
However, the consulting and auditing industry is facing economic slowdowns, digital disruption, and client budget cuts, forcing these firms to restructure and downsize in certain areas.
In this article, we’ll break down which Big 4 companies are cutting jobs, why layoffs are happening, and what it means for employees.
Related Guide ➜ Is Accenture Going to Lay Off? Latest Updates & Insight
Which Big 4 Companies Announced Layoffs?
- Deloitte
❖ Deloitte has reportedly cut jobs in consulting and support roles due to slowing demand from tech clients.
❖ Non-billable positions and middle management are the most affected.
- PwC (PricewaterhouseCoopers)
❖ PwC announced selective layoffs in advisory and HR departments.
❖ The firm continues to invest in AI and cloud services, leading to skill-based restructuring.
- EY (Ernst & Young)
❖ EY cancelled its major split plan (audit vs. consulting) in 2023, leading to workforce restructuring.
❖ Reports indicate layoffs in back-office and administrative roles.
- KPMG
❖ KPMG has been the most aggressive in trimming staff among the Big 4.
❖ Declining deal activity in mergers and acquisitions forced cuts in deal advisory divisions.
Why Are the Big 4 Laying Off Employees?
✔ Economic Pressure – Global inflation and uncertain markets are forcing cost optimisation.
✔ Automation & AI – Many repetitive tasks in audit and tax are being replaced by AI tools.
✔ Reduced Client Budgets – Clients are cutting back on consulting and advisory spending.
✔ Restructuring & Efficiency – Firms are streamlining teams to remain competitive.
Which Roles Are Most at Risk?
Employees in the following categories face a higher layoff risk:
✔ Back-office support staff
✔ Redundant middle management roles
✔ Traditional IT and audit functions are being replaced by automation
✔ Consulting roles linked to shrinking industries
However, growth roles include:
✔ AI & Data Analytics
✔ Cybersecurity experts
✔ Cloud & Digital transformation consultants
Practical Tips for Employees Facing Big 4 Layoffs
✔ Focus on AI, data science, and cloud certifications.
✔ Apply for open positions in growth divisions before looking outside.
✔ Connect with peers on LinkedIn and attend industry events.
✔ Build an emergency fund and reduce unnecessary expenses.
Conclusion: Should You Be Worried?
So, which Big 4 companies are announced layoffs? The reality is that all four—Deloitte, PwC, EY, and KPMG—have implemented targeted job cuts.
The good news? These firms are not collapsing. They are simply restructuring to adapt to AI, digital services, and client demand shifts. Employees who reskill, stay agile, and embrace technology will continue to thrive in the Big 4 ecosystem.
