22
Apr
Deloitte will cut 1,200 jobs, or 1.5% of its US workforce, the Financial Times reported. Layoffs will be higher at auditing firms in areas such as the financial advisory business, the report added. Earlier this week, Deloitte's rival Ernst & Young said it had cut staff in its U.S. arm by 5%. Layoffs from auditing firms will be even greater in areas such as the financial advisory business, which has been hit by a slowdown in merger and acquisition activity, the newspaper said.Earlier this week, Deloitte's rival Ernst & Young said it had cut staff in its U.S. arm by…
