US EditionPentagon Cancels $5.1 Billion in Contracts to Reallocate Funds for Military Readiness
- The Pentagon announced a $5.1 billion cut in contracts deemed non-essential or wasteful, according to Defense Secretary Pete Hegseth.
- The specific cuts included $1.8 billion saved by eliminating Defense Health Agency consulting contracts, as reported by Hegseth.
- Hegseth mentioned that they are also pausing over $500 million in funding to Northwestern University and Cornell University due to concerns over DEI programs.
- According to Michael Wallace, these consulting cuts likely do not pose a national security threat.
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Pentagon slashes $5.1 billion in contracts with Accenture, Booz Allen, and Deloitte
United States Defense Secretary Pete Hegseth has cut $5.1 billion in defense contracts for consulting and nonessential services. The move targets redundant agreements, with plans to shift much of the work to in-house personnel.Read Entire Article
Layoffs Coming? Pentagon To End USD 5.1 Billion IT Service Contracts With Deloitte, Accenture and Others | 🌎 LatestLY
The Pentagon has reportedly announced the termination of IT service contracts of USD 5.1 billion with tech firms like Deloitte and Accenture, raising concerns about potential layoffs in the IT sector. 🌎 Layoffs Coming? Pentagon To End USD 5.1 Billion IT Service Contracts With Deloitte, Accenture and Others.
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Leaning Left4Leaning Right23Center18Last UpdatedBias Distribution51% Right
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