Deloitte has announced that they will be laying off 5% of their workforce in the United States.
The majority of the layoffs will be in the firm's consulting division.
https://big4accountingfirms.com/the-blog/deloitte-layoffs-2020/
Big 4 Layoff Tracker
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
In today's podcast we discuss some open jobs that Deloitte has on Linkedin. It turns out that the big 4 accounting firms are still hiring. Many of the open Deloitte positions don't have applicants.
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Deloitte and KPMG are putting together consulting services to help their clients reopen their businesses.
Deloitte is also delaying start dates in Australia.
EY won a $93 million contract in the U.S. helping the U.S. Army audit its financial statements.
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In today's podcast we discuss:
Changes to EY's UK Leadership
Hertz going bankrupt and the impact on EY
Deloitte winning more work helping out with unemployment websites
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Deloitte is being sued in New York, Ohio and Florida for their work with state unemployment departments.
There is also good news about Deloitte. They are partnering with American Airlines to deliver PPE to frontline healthcare workers.
EY is also being sued. The FDIC is suing EY over their audit of FNBC bank.
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KPMG employees in Australia decided to all take a pay cut for the greater good. 99% of the 8,000 employees in Australia decided to take the 20% pay cut suggested by the firm's leadership.
KPMG US was caught up in a cheating scandal. 3 partners were found to be cheating on internal audit tests.
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KPMG is being sued over their failed audit of Carillion.
They are being sued for 250 million pounds.
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Grant Thornton has told their employees that they will not be getting raises unless they are getting a promotion. They will also not be providing bonuses unless people are promoted.
Ey is forcing their employees in the UK to take leave at the end of may and to take as much of their leave as possible before August.
https://big4accountingfirms.com/the-blog/ey-forces-uk-employees-take-leave/
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Deloitte has announced that they are partnering with UiPath to build an intelligent document processing solution.
https://big4accountingfirms.com/the-blog/deloitte-partners-uipath-document-processing/
https://big4accountingfirms.com/the-blog/technology-big-four-2020/
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Deloitte has announced that they will be laying people off in their Canada office.
https://big4accountingfirms.com/the-blog/deloitte-canada-layoffs/
PwC is building a contact tracing app to help with COVID 19. They plan on selling it to their clients.
https://big4accountingfirms.com/the-blog/pwc-sells-covid-19-contact-tracing-app/
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CBIZ is one of the largest accounting firms in the United States and they just reported revenues. Learn what this means for the big four accounting firms.
https://big4accountingfirms.com/the-blog/cbiz-q1-2020-earnings/
It has been reported that Deloitte is considering cutting their pension cost in the UK.
https://big4accountingfirms.com/the-blog/deloitte-cuts-uk-pension-cost/
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Deloitte just announced that they will be cancelling summer vacation schemes in the UK for summer 2020.
https://big4accountingfirms.com/the-blog/deloitte-cancels-uk-summer-scheme/
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In this podcast, we provide an update on current job opening for ernst and young.
https://big4accountingfirms.com/the-blog/covid-19-big-4-updates-tracker/
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