Deloitte slashes hiring and cuts promotions amid economic slowdown

Deloitte slashes hiring and cuts promotions amid economic slowdown

Confidence in the economy plummets as business leaders alarmed by prospect of another tax raid

Deloitte UK’s chief executive receives 17% pay rise to £4.9m

Richard Houston’s increase compares with 2.9% for staff at the Big Four firm and comes after warning of lower bonuses at biggest division

Deloitte UK Readies Job Cuts, Raises Partner Salaries by 4%

Deloitte LLP is set to cut jobs at its UK business as the company weathers a sector-wide slowdown in consulting services.

Deloitte to further trim UK advisory division amid demand drop

Deloitte, the British multinational professional services network and one of the Big Four, is further trimming its advisory division in the UK. Those in risk, transaction, strategy, technology and transformation roles will reportedly be affected. Why? Demand for consultancy services has dropped and clients are becoming increasingly cautious about spending. There haven’t been as many mergers and acquisitions in the past couple of years. In fact, …