EY reportedly cutting 10% of partners in consulting - Breaking The News
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EY reportedly cutting 10% of partners in consulting

EPA-EFE/HAYOUNG JEON

Ernst & Young Global Limited is releasing over one-tenth of its partners in consulting roles and about 4% in strategy and transactions units in the United States, The Wall Street Journal reported on Tuesday.

Employees in the audit and tax businesses are expected to be affected by the plans as well, according to unnamed sources who spoke to the newspaper.

In April, Ernst & Young cut 3,000 workers, just under 5% of its workforce in the US, it was said in the report.

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