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Booz Allen shares sink as Trump’s spending cuts hit earnings

Summary by Financial Times
Consulting group plans job cuts and has forecast lower than expected profits

4 Articles

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Australian Financial ReviewAustralian Financial Review
Lean Right

Booz Allen to slash headcount as US cuts hurt outlook

The tech services company said it is responding to the Trump administration’s move to shrink government spending.

·Sydney, Australia
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BloombergBloomberg
Lean Left

Booz Allen to Slash Headcount as Government Cuts Hurt Outlook

Booz Allen Hamilton Holding Corp. will cut about 7% of its almost 36,000 employees this quarter in response to the Trump administration’s move to shrink government spending.

·United States
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Financial TimesFinancial Times
Center

Booz Allen shares sink as Trump’s spending cuts hit earnings

Consulting group plans job cuts and has forecast lower than expected profits

·London, United Kingdom
Read Full Article
diarioestrategia.cldiarioestrategia.cl

Consultant Booz Allen Hamilton Will Fire 2,500 People, 7% of Her Staff, for Musk's Cuts

Consultant Booz Allen Hamilton has announced this Friday that she will fire nearly 7% of her staff, that is, about 2,500 workers, during the course of the quarter, on account of the termination of contracts undertaken by the US government to reduce expenses.

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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Financial Times broke the news in London, United Kingdom on Friday, May 23, 2025.
Sources are mostly out of (0)

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