One of the largest professional services networks worldwide, Deloitte Touche Tohmatsu Limited is aiming to cut travel and expense costs in the United Kingdom by over 50% as it adapts to "challenging market conditions" in the professional services sector. According to Financial Times on Monday who...
One of the largest professional services networks worldwide, Deloitte Touche Tohmatsu Limited, announced Tuesday that it is introducing a new service called "AI Factory as a Service," built using NVIDIA's AI technology and Oracle's tools.In a statement, the firm said this service is like an all-in-one tool...
Accounting giant Deloitte announced yesterday it will be laying off 1,200 people in the United States due to "moderating" growth in some parts of its business.
According to a report published by the Financial Times on Friday, Deloitte decided to reduce the number of employees in the US by 1.5%....
The United States Securities and Exchange Commission (SEC) is investigating four major accounting firms over potential conflicts of interest, The Wall Street Journal reported on Tuesday, citing unnamed sources with knowledge of the issue.
The Big Four, the nickname of the group consisting of...
United States President Joe Biden will discuss the need to raise the debt limit with chief executives of several major American companies later in the day, the White House announced on Wednesday.
CEOs of Citigroup Inc., JPMorgan Chase & Co., Bank of America Corporation, Intel Corporation,...
Deloitte will permanently shut four offices in the United Kingdom over the next few months in an effort to cut costs amid the coronavirus pandemic, the Financial Times reported on Saturday.
According to the report, the accounting firm's offices in Gatwick, Liverpool, Nottingham and Southampton will...
Deloitte UK will have to give up plans to sell its British restructuring division as its global parent company put the veto on this decision, the Financial Times reported on Saturday.
Deloitte Global allegedly said a sale could negatively impact its global restructuring network as well as its tax and...
The United Kingdom Financial Reporting Council (FRC) announced on Thursday that it fined Deloitte Touche Tohmatsu Limited £15 million for its "serious and serial failures" in the audit of software firm HP Autonomy.
The FRC tribunal ruled that Deloitte, in its analysis of Autonomy's financial records,...
The United Kingdom multinational professional services network and the member of the Big Four accounting organizations Deloitte Touche Tohmatsu Limited reportedly decided to sell its entire UK restructuring division.
According to the Sky News’ sources, "any such deal could come with a price tag...
Wells Fargo is planning to severely reduce its spending on consultants after employees of the bank expressed concerns over its reliance on other companies. The final call came from CEO Charlie Scharf who said that the bank was too dependent on consultancies, the Financial Times reported on...
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