Grant Thornton, a major accounting and advisory firm, is cutting 350 jobs from its US operations, representing about 3.5% of its workforce. The layoffs, which began on Friday, span advisory, audit, and tax services up to the level of managing director. The decision is based on projections of declining business conditions and a possible economic slowdown, ahead of a major restructuring. Despite the layoffs, Grant Thornton states that it continues to invest and grow its team in select business segments and is on track to deliver another fiscal year of strong performance.
Grant Thornton will reduce its US workforce by nearly 4%, cutting 350 jobs that span all of its major service lines of tax, audit, and consulting ahead of a major restructuring. https://t.co/7eKioZxcxw
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Layoff Watch '24: Grant Thornton Does 350 People a Favor https://t.co/E1c65q1fZO
Accounting and ‘advisory’ major Grant Thornton is laying off 3.5% of its workforce #MacroEdge
Grant Thornton’s cuts, equating to 3.5% of the U.S. workforce, span advisory, audit and tax up to the level of managing director https://t.co/tBrLE1BiBQ via @WSJ @markgmaurer
.@GrantThorntonUS comment on my layoff scoop: "Grant Thornton has made targeted staffing adjustments to address evolving demand in select business segments. The firm continues to invest and grow its team, and is on track to deliver another fiscal year of strong performance." https://t.co/HOa20rQi7V
SCOOP: @GrantThorntonUS is in the process of cutting 350 jobs from its US operations, sources tell @FoxBusiness. The cuts began Friday; that's about 3.5% of its workforce and its based on projections of declining business conditions and a possible economic slowdown. Fox first…