Consulting Layoffs 1999 to 2026: McKinsey, Big Four, Accenture

F1GMAT Layoff Tracker

Consulting Layoffs 1999 to 2026: McKinsey, Big Four, Accenture

Announced job cuts at the largest employers in the industry, period by period and year by year; what share of the workforce they removed; which roles, degrees and pay bands they touched; and whether business schools kept placing graduates there.

Workforce

Combined headcount of the tracked employers: 4,054,738

CompanyLatest headcountAs of
Accenture814,000FY2026
Deloitte473,050FY2025
Capgemini423,4002025
EY406,209FY2025
PwC364,782FY2025
Cognizant351,6002025
KPMG276,030FY2025
IBM264,3002025
Genpact146,5002025
DXC Technology115,000FY2026
CGI94,000FY2025
Kyndryl72,000FY2026
EPAM Systems62,8502025
McKinsey & Company40,0002025
Boston Consulting Group33,5002025
Booz Allen Hamilton31,500FY2026
Globant28,7732025
Gartner20,2442025
Bain & Company19,0002025
Guidehouse18,0002026
Period totals

Announced cuts at the ten hardest-hit companies in each period

PeriodTop-10 totalPer yearLargest
1999–20019,6833,230Capgemini, 4,700
2002–200730,0685,015EDS, 12,720
2008–200930,30015,160EDS (HP Enterprise Services), 24,600
2010–201827,6503,073HP Enterprise Services, 25,000
2019–Oct 202218,4004,804DXC Technology, 10,000
Nov 2022–202336,74731,578Accenture, 19,000
2024–present43,41615,701Atos, 14,000
1999–2001: top 10
  1. Capgemini: 4,700
  2. Accenture: 2,100
  3. PwC: 1,130
  4. Sapient: 720
  5. KPMG Consulting: 450
  6. Gartner: 383
  7. EY: 200
2002–2007: top 10
  1. EDS: 12,720
  2. IBM: 10,000
  3. CSC: 5,000
  4. CGI: 1,000
  5. Capgemini: 600
  6. Sapient: 545
  7. Gartner: 203
2008–2009: top 10
  1. EDS (HP Enterprise Services): 24,600
  2. IBM: 5,000
  3. Capgemini: 700
2010–2018: top 10
  1. HP Enterprise Services: 25,000
  2. Atos: 1,750
  3. DXC Technology: 900
2019–Oct 2022: top 10
  1. DXC Technology: 10,000
  2. Cognizant: 7,000
  3. KPMG: 1,400
Nov 2022–2023: top 10
  1. Accenture: 19,000
  2. IBM: 3,900
  3. EY: 3,652
  4. Cognizant: 3,500
  5. KPMG: 2,795
  6. Deloitte: 2,000
  7. McKinsey: 1,400
  8. PwC: 500
2024–present: top 10
  1. Atos: 14,000
  2. Accenture: 11,419
  3. McKinsey: 5,460
  4. PwC: 3,475
  5. Globant: 2,507
  6. Booz Allen Hamilton: 2,500
  7. Capgemini: 2,400
  8. KPMG: 1,125
  9. EY: 280
  10. Deloitte: 250
11 · Sources

References

Consulting and professional-services firms headquartered in the US, Canada or Europe: strategy consultancies, the Big Four networks, Accenture and the large IT-services and outsourcing firms, and government, research and specialist advisory firms. Insurance brokers, Indian- and Japanese-headquartered IT-services firms, law firms and staffing agencies are excluded.

  1. Gallup: non-retirees' worry remains high (May 2026). news.gallup.com/poll/709319/nonretirees-worry-remains-high.aspx
  2. Center for Retirement Research at Boston College: average retirement age (2025). crr.bc.edu/wp-content/uploads/2025/11/Average-retirement-age.pdf
  3. eWeek: HP raises layoff and buyout count to 29,000 (Sep 2012). eweek.com/networking/hp-ups-layoff-buyout-head-count-to-29-000-by-2014
  4. GeekWire: Microsoft will offer voluntary retirement to thousands of employees (Apr 2026). www.geekwire.com/2026/microsoft-will-offer-voluntary-retirement-to-thousands-of-employees-in-a-first-for-tech-giant/
  5. AP via Telangana Today: Microsoft cuts 4,800 jobs including 1,600 in Xbox (Jul 2026). telanganatoday.com/microsoft-cuts-4800-jobs-globally-including-1600-in-xbox
  6. ProPublica: EEOC confirms a pattern of age discrimination at IBM (Sep 2020). www.propublica.org/article/the-u-s-equal-employment-opportunity-commission-confirms-a-pattern-of-age-discrimination-at-ibm
  7. VentureBeat: HP, IBM and Oracle have the oldest workforces in tech (PayScale data, Dec 2014). venturebeat.com/2014/12/31/hp-ibm-and-oracle-have-the-oldest-workforces-in-tech-guess-whos-the-youngest
  8. Accenture Q4 fiscal 2026 results, Form 8-K exhibit (about 814,000 people). www.sec.gov/Archives/edgar/data/0001467373/000146737326000037/q4fy26earnings8-kexhibit.htm
  9. Accenture Form 10-K reports, FY2001 to FY2025 (SEC EDGAR, CIK 1467373; 1134538 before 2009). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001467373&type=10-K
  10. Accenture Form 10-K, fiscal 2025. www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm
  11. Deloitte global performance metrics reporting, FY2023 to FY2025. www.deloitte.com/content/dam/assets-shared/docs/about/gir/global-performance-metrics-reporting.pdf
  12. Deloitte global performance metrics reporting, FY2020 to FY2022. www.deloitte.com/content/dam/assets-shared/legacy/docs/about-deloitte-global-performance-metrics-reporting-2022.pdf
  13. Deloitte 2016 Global Impact Report (FY2014 to FY2016 headcount). www2.deloitte.com/content/dam/Deloitte/global/Images/infographics/about-deloitte/gx-deloitte-2016-global-impact-report.pdf
  14. Deloitte 2017 Global Impact Report. www.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/Deloitte-2017-Global-Impact-Report.pdf
  15. Deloitte FY2011 revenue announcement (182,000 people). prnewswire.co.uk/news-releases/deloitte-continues-as-an-engine-of-employment-creation-and-announces-record-revenues-of-us288-billion-145030285.html
  16. Going Concern: Deloitte 2019 global revenue (312,028 people). www.goingconcern.com/deloitte-2019-global-revenue
  17. Deloitte FY2026 global revenue announcement (nearly 500,000 people). www.deloitte.com/global/en/about/press-room/global-revenue-announcement.html
  18. PwC Global Annual Review 2013 (people, 2003 to 2013). www.pwc.com.au/about-us/annual-review/assets/global-annual-review-13.pdf
  19. PwC Global Annual Review 2014. www.pwc.com.au/about-us/annual-review/assets/global-annual-review-14.pdf
  20. PwC Global Annual Review 2015 fact sheet. www.pwc.com.au/about-us/annual-review/assets/global-annual-review-fact-sheet-15.pdf
  21. PwC Global Annual Review 2016. www.sustainabilityreports.com/pwc-9/2016/global-annual-review
  22. PwC Global Annual Review FY2017. www.pwc.com/vn/en/media/2017/pwc-global-annual-review%20FY17-en.pdf
  23. Going Concern: PwC 2018 revenue (250,930 people). www.goingconcern.com/pwc-2018-revenue/
  24. Going Concern: PwC 2019 global revenue (276,005 people). www.goingconcern.com/pwc-2019-global-revenue
  25. PwC Global Annual Review 2021. www.pwc.com/jp/ja/about-us/annual-review/pdf/annual-review2021.pdf
  26. PwC Global Annual Review 2022. www.pwc.com/gx/en/global-annual-review/2022/PwC_Global_Annual_Review_2022.pdf
  27. PwC Global Annual Review 2023. www.sustainabilityreports.com/pwc/2023/global-annual-review
  28. PwC Global Annual Review 2024. www.pwc.com/ia/es/prensa/prensa-2024/PwC-Global-Annual-Review.html
  29. PwC Global Annual Review 2025, at a glance. pwc.com/gx/en/about/global-annual-review/at-a-glance.html
  30. Big4 Accounting Firms: EY revenue 2017 (people FY2016 and FY2017). big4accountingfirms.com/the-blog/ey-revenue-2017/
  31. Going Concern: EY 2018 global revenue. www.goingconcern.com/ey-2018-global-revenue/
  32. EY reports global revenues of US$37.2b in 2020 (people FY2019 and FY2020). www.ey.com/en_nz/newsroom/2020/09/ey-reports-global-revenues-of-us-37-2b-in-2020
  33. EY reports record global revenue of US$45.4b (people FY2021 and FY2022). www.ey.com/en_gl/newsroom/2022/09/ey-achieves-highest-growth-in-nearly-two-decades-reports-record-global-revenue-of-us-45-4b
  34. EY reports global revenue of US$51.2b for fiscal year 2024. www.ey.com/en_gl/newsroom/2024/10/ey-reports-global-revenue-of-51-point-2-billion-us-dollars-for-fiscal-year-2024
  35. EY announces global revenue of US$53.2b for fiscal year 2025 (406,209 people). www.ey.com/en_gl/newsroom/2025/10/ey-announces-global-revenue-of-us-53-2b-for-fiscal-year-2025
  36. KPMG International Annual Review 2013. assets.kpmg.com/content/dam/kpmg/pdf/2013/12/international-annual-review-2013.pdf
  37. KPMG International Annual Review 2015. assets.kpmg.com/content/dam/kpmg/pdf/2015/12/international-annual-review-2015.pdf
  38. KPMG International Annual Review 2017. assets.kpmg.com/content/dam/kpmg/xx/pdf/2017/12/international-annual-review-2017.pdf
  39. Going Concern: KPMG 2018 global revenue. www.goingconcern.com/kpmg-2018-global-revenue/
  40. Going Concern: KPMG 2020 global revenue. www.goingconcern.com/kpmg-2020-global-revenue/
  41. Going Concern: KPMG global revenue 2021. www.goingconcern.com/kpmg-global-revenue-2021/
  42. CPA Practice Advisor: KPMG posts global revenue of $36.4 billion in 2023. www.cpapracticeadvisor.com/2023/12/13/kpmg-posts-global-revenue-of-36-4-billion-in-2023/99125/
  43. CPA Practice Advisor: KPMG closed out 2024 with global revenue of $38.4 billion. www.cpapracticeadvisor.com/2025/01/10/kpmg-closed-out-2024-with-global-revenue-of-38-4-billion/154278/
  44. KPMG: rise in global revenue, fiscal 2025 (276,030 people). kpmg.com/kw/en/media/2025/12/kpmg-delivers-rise-in-global-revenue.html
  45. Going Concern: McKinsey layoffs 2023, quoting Bloomberg (headcount 2012, 2018, 2023). www.goingconcern.com/mckinsey-layoffs-2023/
  46. Fortune: McKinsey headcount down more than 10% (May 2025). fortune.com/2025/05/29/mckinsey-headcount-down-more-than-10-percent
  47. City AM: McKinsey slashes workforce 10 per cent in major overhaul (2025). www.cityam.com/mckinsey-slashes-work-force-10-per-cent-in-major-overhaul/
  48. BCG: revenue grows for a 22nd consecutive year (33,500 employees at end-2025). www.bcg.com/press/23april2026-bcg-revenue-22nd-consecutive-year-growth
  49. Bain & Company press release boilerplate, January 2026 (19,000 employees). www.bain.com/about/media-center/press-releases/2026/global-ma-poised-to-sustain-momentum-in-2026-after-great-rebound-finds-bain--company/
  50. FT via Wikipedia: Bain & Company headcount 19,000 (Jan 2024). www.ft.com/content/45e53a3b-e029-4a68-bdbb-2cf3ec0829fa
  51. Capgemini half-year 2026 results (417,600 headcount at 30 Jun 2026). www.capgemini.com/wp-content/uploads/2026/07/Capgemini_-_2026-07-30_-_2026_Half-year_Results.pdf
  52. Capgemini full-year results releases, FY2014 to FY2025. investors.capgemini.com/en/publication/fy-2025-results/
  53. Capgemini 2016 registration document (five-year headcount table). investors.capgemini.com/en/file/16870?download=1
  54. Cognizant Form 10-K reports, 2000 to 2025 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001058290&type=10-K
  55. Cognizant reports second-quarter 2026 results (356,700 employees). news.cognizant.com/2026-07-29-Cognizant-Reports-Second-Quarter-2026-Results
  56. IBM annual reports and Form 10-K exhibits, 1999 to 2025 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000051143&type=10-K
  57. IBM 2025 annual report (264.3 thousand employees). www.sec.gov/Archives/edgar/data/51143/000005114326000027/ibmars2025.pdf
  58. Genpact Form 10-K reports, 2007 to 2025 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001398659&type=10-K
  59. Genpact Form 10-K 2025 (over 146,500 employees). www.sec.gov/Archives/edgar/data/1398659/000139865926000004/g-20251231.htm
  60. Computer Sciences Corporation Form 10-K reports, FY2001 to FY2017 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000023082&type=10-K
  61. DXC Technology Form 10-K reports, FY2018 to FY2026 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001688568&type=10-K
  62. DXC Technology Form 10-K, fiscal 2026. www.sec.gov/Archives/edgar/data/0001688568/000168856826000022/dxc-20260331.htm
  63. CGI Form 40-F annual reports and Q4 releases, FY2001 to FY2025 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001061574
  64. CGI fiscal 2025 fourth-quarter release (about 94,000 consultants and professionals). www.sec.gov/Archives/edgar/data/0001061574/000106157425000006/cgi-fy25_q4xpressrelease.htm
  65. Kyndryl Form 10-K reports, 2021 to FY2026 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001867072&type=10-K
  66. Kyndryl Form 10-K, fiscal 2026 (about 72,000 employees). www.sec.gov/Archives/edgar/data/0001867072/000110465926067881/kd-20260331x10k.htm
  67. EPAM Form 10-K reports, 2012 to 2025 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001352010&type=10-K
  68. EPAM Form 10-K 2025 (about 62,850 employees). www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm
  69. Booz Allen Hamilton Form 10-K reports, FY2012 to FY2026 (SEC EDGAR). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001443646&type=10-K
  70. Booz Allen Hamilton Form 10-K, fiscal 2026 (about 31,500 employees). www.sec.gov/Archives/edgar/data/0001443646/000162828026037521/bah-20260331.htm
  71. Globant fourth-quarter releases furnished on Form 6-K, 2014 to 2025 (total employees line). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001557860
  72. Globant Q4 2025 release, Form 6-K exhibit (28,773 Globers). www.sec.gov/Archives/edgar/data/1557860/000110465926020492/tm267444d1_ex99-1.htm
  73. Gartner Form 10-K reports, 1999 to 2025 (SEC EDGAR and investor.gartner.com). www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000749251&type=10-K
  74. Gartner Form 10-K 2025 (20,244 employees). www.sec.gov/Archives/edgar/data/749251/000074925126000112/it-20251231.htm
  75. Guidehouse: about (approximately 18,000 colleagues). www.guidehouse.com/about
  76. Aon Form 10-K 2025 (about 60,000 employees). www.sec.gov/Archives/edgar/data/315293/000162828026008116/aon-20251231.htm
  77. WTW Form 10-K 2025 (46,900 colleagues). www.sec.gov/Archives/edgar/data/1140536/000119312526069307/wtw-20251231.htm
  78. Marsh McLennan Form 10-K 2025 (Oliver Wyman over 7,200 colleagues). www.sec.gov/Archives/edgar/data/62709/000006270926000022/mrsh-20251231.htm
  79. Huron Form 10-K 2025 (about 8,610 professionals). www.sec.gov/Archives/edgar/data/1289848/000162828026011093/hurn-20251231.htm
  80. FTI Consulting Form 10-K 2025 (8,118 employees). www.sec.gov/Archives/edgar/data/887936/000088793626000013/fcn-20251231.htm
  81. ICF Form 10-K 2025 (about 8,400 employees). www.sec.gov/Archives/edgar/data/1362004/000119312526082536/icfi-20251231.htm
  82. ClickZ: huge cuts hit Sapient (Mar 2001). www.clickz.com/huge-cuts-hit-sapient/69932/
  83. eWeek: Sapient cuts staff, loses CFO (Feb 2002). www.eweek.com/news/sapient-cuts-staff-loses-cfo/
  84. Computerworld: KPMG Consulting announces layoffs (Apr 2001). www.computerworld.com/article/1430489/kpmg-announces-layoffs-blames-weak-demand-for-it-services.html
  85. Computerworld: Accenture plans layoffs and sabbaticals (Jun 2001). www.computerworld.com/article/2582267/consulting-firm-accenture-plans-layoffs--sabbaticals.html
  86. Computerworld: Accenture to cut 1,500 more jobs (Aug 2001). www.computerworld.com/article/1345381/accenture-to-cut-1-500-more-jobs.html
  87. Computerworld: Cap Gemini lowers revenue forecast, sets layoff plans (Jun 2001). www.computerworld.com/article/1338048/cap-gemini-lowers-revenue-forecast-sets-layoff-plans.html
  88. Globe and Mail: Cap Gemini confirms extra job cuts (Nov 2001). www.theglobeandmail.com/technology/cap-gemini-confirms-extra-job-cuts/article1187030
  89. Accountancy Age: more Big Five gloom as PwC cuts jobs (Oct 2001). accountancyage.com/2001/10/24/more-big-five-gloom-as-pwc-cuts-jobs/?amp=1
  90. IT World Canada: EDS cuts 2,000 jobs (Jun 2002). itworldcanada.com/?p=25782
  91. Computerworld: EDS meets Q3 expectations, plans more layoffs (2002 and 2003 rounds). www.computerworld.com/article/1322884/eds-meets-q3-expectations-plans-more-layoffs.html
  92. Canadian Underwriter: CGI to cut 1,000 jobs (Mar 2006). canadianunderwriter.ca/2006/03/31/cgi-to-cut-1000-jobs/
  93. Fox News: Computer Sciences to cut 5,000 jobs (Apr 2006). www.foxnews.com/story/computer-sciences-to-cut-5k-jobs-may-sell
  94. The Register: Capgemini revenue and UK cuts (Nov 2007 round, Jan 2009 report). www.theregister.com/2009/01/29/capgem_revenue_cuts/
  95. CNN Money: HP to cut 24,600 jobs after EDS purchase (Sep 2008). money.cnn.com/2008/09/15/technology/hp_job_cuts/index.htm
  96. CNN Money: BearingPoint files for bankruptcy (Feb 2009). money.cnn.com/2009/02/18/technology/BearingPoint_bankrupt/
  97. Consulting Magazine: IBM lays off 5,000 employees in GBS (Mar 2009). www.consultingmag.com/amp/2009/03/28/ibm-lays-off-5000-employees-in-gbs/
  98. IBM Form 8-K, May 2005 (workforce reductions, majority in Europe). www.sec.gov/Archives/edgar/data/51143/000110465905020403/a05-7846_28k.htm
  99. Get Surrey: gloom as 700 jobs go at Capgemini (2009). www.getsurrey.co.uk/news/business/gloom-as-700-jobs-go-4856799
  100. Eurofound restructuring monitor: Atos Origin, 1,750 jobs (Dec 2010). apps.eurofound.europa.eu/restructuring-events/detail/71319
  101. Data Center Knowledge: HP to lay off another 25,000 to 30,000, mostly Enterprise Services (Sep 2015). www.datacenterknowledge.com/business/hp-to-lay-off-another-25k-30k-workers-ahead-of-corporate-split
  102. The Register: DXC UK cuts (Jul 2017). www.theregister.com/2017/07/21/dxc/
  103. The Register: DXC fiscal 2019 results, headcount down about 10,000 (May 2019). www.theregister.com/2019/05/24/dxc_fy2019_q4_results/
  104. ChannelE2E: Cognizant layoffs, October 2019. www.channele2e.com/news/cognizant-layoffs-2019-october
  105. Cognizant Form 8-K exhibit, Q3 2019 (2020 Fit for Growth plan). www.sec.gov/Archives/edgar/data/1058290/000105829019000034/exhibit9919302019.htm
  106. CPA Practice Advisor: KPMG to lay off 5% of US workforce in second round (Jun 2023; includes Sep 2020 breakdown). www.cpapracticeadvisor.com/2023/06/26/kpmg-to-lay-off-5-percent-of-u-s-workforce-in-second-round-of-job-cuts/81493/
  107. The Register: IBM job cuts (Jan 2023). www.theregister.com/2023/01/26/ibm_job_cuts/
  108. TechCrunch: Accenture to cut 19,000 jobs (Mar 2023). techcrunch.com/2023/03/23/accenture-to-cut-19000-jobs
  109. Consulting.us: Accenture to lay off 19,000 employees, functions affected (Mar 2023). www.consulting.us/news/8918/accenture-to-lay-off-19000-employees
  110. Consulting.us: McKinsey begins cutting 1,400 jobs (Mar 2023). www.consulting.us/news/8942/mckinsey-begins-cutting-1400-jobs
  111. Bloomberg Law: EY to trim 3,000 US jobs (Apr 2023). news.bloomberglaw.com/bloomberg-government-news/ey-to-trim-3-000-us-jobs-in-wake-of-failed-breakup-effort
  112. Consulting.us: EY US to cut 5% of workforce, consulting division (Apr 2023). www.consulting.us/news/9029/ey-us-to-cut-5-of-workforce
  113. Consulting.us: Deloitte US cuts 1,200 jobs (Apr 2023). www.consulting.us/news/9063/deloitte-us-cuts-1200-jobs
  114. CPA Practice Advisor: Deloitte US to trim its workforce (Apr 2023). www.cpapracticeadvisor.com/2023/04/24/deloitte-u-s-to-trim-its-workforce-by/78939/
  115. Verdict: Cognizant 3,500 job cuts (May 2023). www.verdict.co.uk/cognizant-3500-job-cuts/
  116. Deccan Herald: Cognizant to lay off 3,500 non-billable corporate personnel (May 2023). www.deccanherald.com/business/business-news/cognizant-to-lay-off-3500-non-billable-corporate-personnel-1215483.html
  117. Hargreaves Lansdown/FT: Deloitte warns UK staff of about 800 job cuts (Sep 2023). www.hl.co.uk/news/the-financial-times-deloitte-warns-uk-staff-of-about-800-job-cuts
  118. CPA Practice Advisor: KPMG to cut 125 UK consulting jobs (Oct 2023). cpapracticeadvisor.com/2023/10/20/kpmg-to-cut-125-u-k-consulting-jobs-as-client-demand-drops/96262
  119. Accounting Today: PwC to cut around 600 UK jobs (Nov 2023). www.accountingtoday.com/articles/pwc-to-cut-around-600-uk-jobs-after-resignations-drop
  120. Accountants Daily: EY makes 232 staff redundant (Nov 2023). www.accountantsdaily.com.au/business/19290-ey-makes-232-staff-redundant-as-consulting-demand-plummets
  121. Going Concern: EY Germany cuts 40 partners and 380 staff (Jan 2023). www.goingconcern.com/ey-germany-gives-40-partners-and-380-staff-the-boot-to-boost-profitability-after-that-whole-wirecard-thing/
  122. People Matters: McKinsey responds to demand downturn with 360 layoffs (Apr 2024). www.peoplematters.in/news/performance-management/mckinsey-co-responds-to-service-demand-downturn-with-360-layoffs-40890
  123. Consulting.us: McKinsey puts 3,000 consultants on notice (2024). www.consulting.us/news/10268/mckinsey-puts-3000-consultants-on-notice
  124. AOL/FT: McKinsey's staff numbers dropped more than 10% (May 2025). www.aol.com/mckinseys-staff-numbers-dropped-more-153155522.html
  125. Insurance Journal/Bloomberg: McKinsey plans fresh round of job cuts (Dec 2025). www.insurancejournal.com/news/national/2025/12/16/851200.htm
  126. Consulting.us: PwC US to lay off 1,800 employees (Sep 2024). www.consulting.us/news/11183/pwc-us-to-lay-off-1800-employees
  127. CPA Practice Advisor: PwC US layoffs, functions affected (Oct 2024). www.cpapracticeadvisor.com/?p=110403
  128. CPA Practice Advisor: KPMG to lay off 4 percent of audit staff (Nov 2024). www.cpapracticeadvisor.com/2024/11/04/kpmg-to-lay-off-4-percent-of-audit-staff/152096/
  129. Bloomberg Tax: EY UK weighs cutting 150 consulting jobs (Dec 2024). news.bloombergtax.com/financial-accounting/ey-uk-weighs-cutting-150-consulting-jobs-amid-softening-demand
  130. Going Concern: Deloitte UK cuts another 250 people (Oct 2024). www.goingconcern.com/layoff-watch-24-deloitte-uk-cuts-another-250-people/
  131. Nextgov: Booz Allen plans 7% workforce cut (May 2025). nextgov.com/people/2025/05/booz-allen-plans-7-workforce-cut/405575
  132. Booz Allen Hamilton Form 10-Q, quarter ended 30 Jun 2025 (headcount 35,800 to 33,400). www.sec.gov/Archives/edgar/data/1443646/000144364625000137/bah-20250630.htm
  133. Eurofound restructuring monitor: Atos, up to 14,000 jobs worldwide by end-2026 (May 2025). apps.eurofound.europa.eu/restructuring-events/detail/203349
  134. The Register: Atos transformation plan (May 2025). www.theregister.com/2025/05/16/atos_transformation_7/
  135. People Matters: Accenture lays off 11,419 in three months, spends $615m on severance (Sep 2025). www.peoplematters.in/news/strategic-hr/accenture-lays-off-11419-in-three-months-spends-dollar615m-on-severance-reports-46722
  136. Yahoo Finance/Bloomberg: Accenture cutting staff it cannot retrain (Sep 2025). finance.yahoo.com/news/accenture-cutting-staff-cant-retrain-063900475.html
  137. Going Concern: PwC US cuts 1,500 (May 2025). www.goingconcern.com/layoff-watch-25-pwc-aligns-the-firm-for-the-future-by-axing-1500-people/
  138. Going Concern: PwC UK audit associates (Jul 2025). www.goingconcern.com/layoff-watch-25-the-kings-pwc-shows-some-auditors-the-door/
  139. Going Concern: EY lays off 130 in New Jersey (Aug 2025). www.goingconcern.com/layoff-watch-25-ey-is-laying-off-130-people-in-new-jersey/
  140. Going Concern: KPMG lets go of 195 people in audit (Oct 2025). www.goingconcern.com/layoff-watch-25-kpmg-lets-go-of-195-people-in-audit/
  141. Going Concern: KPMG UK cuts 600 auditors (Mar 2026). www.goingconcern.com/layoff-watch-26-the-kings-kpmg-kindly-asks-600-auditors-to-gtfo/
  142. Going Concern: KPMG cuts 4% from consulting (Apr 2026). www.goingconcern.com/layoff-watch-26-kpmg-cuts-4-from-consulting/
  143. Going Concern: KPMG Australia cuts workforce by 5 percent (Aug 2026). www.goingconcern.com/after-consulting-takes-a-double-digit-revenue-hit-kpmg-australia-cuts-workforce-by-5-percent/
  144. People Matters/Reuters: Capgemini plans up to 2,400 job cuts in France (Jan 2026). www.peoplematters.in/amp/news/strategic-hr/capgemini-plans-up-to-2400-job-cuts-in-france-as-demand-weakens-48113
  145. Consulting.us: Deloitte hit by US federal consulting cuts, introduces layoffs (Apr 2025). www.consulting.us/news/11661/deloitte-hit-hard-by-us-federal-consulting-cuts-introduces-layoffs
  146. Bloomberg Law: IBM to cut thousands of roles (Nov 2025). news.bloomberglaw.com/artificial-intelligence/ibm-to-cut-thousands-of-roles-in-focus-on-software-growth
  147. The Register: Kyndryl layoffs (Oct 2024). www.theregister.com/2024/10/01/kyndryl_layoffs/
  148. BNN Bloomberg: Kyndryl cuts small percentage of 90,000 workforce (Mar 2023). www.bnnbloomberg.ca/ibm-spinoff-kyndryl-cuts-small-percentage-of-90-000-workforce-1.1902349
  149. AOL/Reuters: DXC restructuring (May 2024). aol.com/news/dxc-technology-tumbles-investors-fret-141618444.html
  150. Gartner Form 10-K, fiscal 2002 (383 positions cut in April 2001). investor.gartner.com/node/10666/html
  151. Gartner Form 10-K 2004 (203 employees terminated). investor.gartner.com/node/10891/html
  152. City AM: PwC shrinks global headcount amid AI drive (FY2025). www.cityam.com/pwc-shrinks-global-headcount-amid-1-5bn-ai-drive/
  153. Globant Form 20-F 2025 (business optimization plan). www.sec.gov/Archives/edgar/data/1557860/000162828026012910/glob-20251231.htm
  154. NYSSCPA/WSJ: slower growth in advisory has led to partner layoffs at three of the Big Four (Dec 2023). nysscpa.org/news/1049552-slower-growth-in-advisory-has-led-to-partner-layoffs-at-three-of-the-big-four-2023-12-19
  155. Irish Times/FT: consulting firms step up efforts to push out low performers (Apr 2024). www.irishtimes.com/business/2024/04/22/consulting-firms-step-up-efforts-to-push-out-their-low-performers/
  156. Storyboard18/Bloomberg: McKinsey plans fresh round of job cuts (2025). www.storyboard18.com/amp/how-it-works/mckinsey-plans-fresh-round-of-job-cuts-as-growth-stalls-85995.htm
  157. Washington Technology: Booz Allen plans 7% workforce cut (May 2025). www.washingtontechnology.com/companies/2025/05/booz-allen-plans-7-workforce-cut/405564/
  158. BLS OEWS May 2023, NAICS 541600 Management, Scientific and Technical Consulting Services. www.bls.gov/oes/2023/may/naics4_541600.htm
  159. BLS OEWS May 2023, NAICS 541200 Accounting, Tax Preparation, Bookkeeping and Payroll Services. www.bls.gov/oes/2023/may/naics4_541200.htm
  160. BLS OEWS May 2023, NAICS 541500 Computer Systems Design and Related Services. www.bls.gov/oes/2023/may/naics4_541500.htm
  161. BLS OEWS May 2019, NAICS 541600. www.bls.gov/oes/2019/may/naics4_541600.htm
  162. BLS Occupational Outlook Handbook: management analysts, pay (May 2025). www.bls.gov/ooh/business-and-financial/management-analysts.htm
  163. Data USA: management analysts, most common majors (ACS 2024). datausa.io/profile/soc/management-analysts
  164. Data USA: accountants and auditors, most common majors (ACS 2024). datausa.io/profile/soc/accountants-auditors
  165. Data USA occupation profiles, most common majors (ACS PUMS). datausa.io/profile/soc/software-developers
  166. Wharton MBA Career Report archive, 2015 to 2025. statistics.mbacareers.wharton.upenn.edu/career-report-archive/
  167. Wharton MBA Career Report, Class of 2025. statistics.mbacareers.wharton.upenn.edu/wp-content/uploads/2025/12/2025-Career-Report.pdf
  168. MIT Sloan MBA Employment Report 2023–2024. mitsloan.mit.edu/sites/default/files/2023-12/MBA-Employment-Report-2023-2024.pdf
  169. MIT Sloan MBA Employment Report 2024–2025. mitsloan.mit.edu/sites/default/files/2024-12/MBA-Employment-Report_2024-2025.pdf
  170. MIT Sloan MBA Employment Report 2025–2026. mitsloan.mit.edu/sites/default/files/2025-12/2025-2026-MBA-Employment-Report.pdf
  171. Chicago Booth employment report, industry pages 2021 to 2025. www.chicagobooth.edu/employmentreport/industry
  172. Clear Admit: Columbia Business School class of 2024 employment report. www.clearadmit.com/2024/12/cbs-mba-class-of-2024-employment-report/
  173. Columbia Business School 2025 employment report. business.columbia.edu/2025-employment-report-test-graduates
  174. Clear Admit: Berkeley Haas 2021 MBA employment report. www.clearadmit.com/2022/02/berkeley-haas-2021-mba-employment-report/
  175. Berkeley Haas full-time MBA employment report 2025. mba.haas.berkeley.edu/careers/employment-report
  176. Michigan Ross full-time MBA employment data, class of 2025. michiganross.umich.edu/graduate/full-time-mba/careers/employment-data
  177. UCLA Anderson MBA employment report 2021. www.anderson.ucla.edu/sites/default/files/document/2022-04/parker-mba-employment-report.pdf
  178. UCLA Anderson MBA employment report 2023. anderson.ucla.edu/document/86938
  179. UCLA Anderson MBA employment report 2025. anderson.ucla.edu/document/94520
  180. UW Foster full-time MBA employment report 2024. foster.uw.edu/wp-content/uploads/2025/01/2024-FSB-FullTime-MBA-Employment-Report.pdf
  181. UW Foster full-time MBA employment report 2025. foster.uw.edu/wp-content/uploads/2026/04/2026-Full-Time-MBA-Employment-Report-4.2.26.pdf
  182. Duke Fuqua daytime MBA employment report 2024. www.fuqua.duke.edu/sites/default/files/daytime_mba_emp_report_2024.pdf
  183. Duke Fuqua daytime MBA employment report 2025. www.fuqua.duke.edu/sites/default/files/media/programs/daytime/duke-mba-employment-2025.pdf
  184. Kellogg career outcomes, class of 2025. kellogg.northwestern.edu/programs/full-time-mba/career-services/career-outcomes/
  185. Accounting Today: Deloitte defends partner retirement policy (2014). accountingtoday.com/news/deloitte-defends-partner-retirement-policy
  186. ABA Journal: EEOC probe of mandatory retirement at Deloitte (Oct 2014). abajournal.com/news/article/eeoc_probe_of_mandatory_retirement_at_deloitte_has_implications_for_law_fir
  187. Accounting Today: concern mounts over mandatory retirement age policies at accounting firms. www.accountingtoday.com/news/Concern-Mounts-Mandatory-Retirement-Age-Policies-Accounting-Firms-67290-1.html
  188. CPA Practice Advisor: is mandatory retirement legal? (Jun 2017). www.cpapracticeadvisor.com/2017/06/20/is-mandatory-retirement-legal/26080/
  189. Consultancy.com.au: KPMG scraps early retirement policy, age of 58 (Apr 2021). www.consultancy.com.au/news/3246/kpmg-scraps-early-retirement-policy-age-of-58
  190. Public Accountant: KPMG and EY partner retirement ages, unlawful discrimination (May 2018). publicaccountant.com.au/news/kpmg-ey-partner-retirement-ages-unlawful-discrimination/
  191. eFinancialCareers: tenure distribution at BCG, Deloitte and PwC (Fortune 100 Best data, 2019). www.efinancialcareers.com/news/2019/02/why-you-should-look-at-consulting-as-a-career-stepping-stone
  192. InformationWeek: IBM nudges US workers toward early retirement (2012). www.informationweek.com/it-sectors/ibm-nudges-u-s-workers-toward-early-retirement
  193. Accenture Leadership Separation Benefits Plan, Form 10-Q exhibit (Nov 2024). www.sec.gov/Archives/edgar/data/1467373/000146737324000352/acn1130202410-qexhibit101.htm