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EY announces 148 jobs lost in consulting downturn.

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TLDR:

Accounting firm EY confirms 148 jobs lost in mass redundancy round across Oceania due to downturn in demand for consulting services.

Key Points:

  • EY announces mass redundancies in its Australian operations affecting 148 employees in consulting and financial services.
  • Regional managing partner cites continued downturn in demand for consulting services as reason for the layoffs.

Accounting firm EY has implemented a mass redundancy round in its Australian operations, resulting in the loss of 148 jobs in consulting and financial services. The firm’s regional managing partner and chief executive for Oceania, David Larocca, communicated this “difficult decision” to staff, attributing it to a sustained decrease in demand for consulting services.


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