Layoffs

The firm employs about 7,700 people in Canada and had already cut about 2% of its workforce in the country at the end of last year.

The cutbacks in the Australia region are the latest sign of pressure in an industry that spans accounting, audit and consulting.

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

The job cuts will affect "a limited number of people" in the Big Four firm, according to a statement from EY's U.S. unit.

PwC and EY are among the large firms collectively shedding thousands of staff.

Sustained high interest rates are pushing Canada toward a recession.

The move comes after the firm cut 300 jobs earlier this year, despite reaching record levels of revenue.

The bulk of the cuts will be aimed at the advisory division.

Other Big Four firms are also introducing cuts in the U.K. after a period of over-hiring during the pandemic.

KPMG is reducing headcount further after earlier layoffs this year, cutting approximately 5% of its U.S. employees.

The Top 10 Firm laid off about 3% of its staff, mostly in the advisory and tax business lines.

The Big Four firm announced layoffs of 5% of its staff only days after calling off plans to spin off its consulting practice.

The Big Four firm laid off approximately 700 people in its advisory business, or close to 2% of its total staff.

Payroll and HR services provider Gusto let go of 126 of its employees, the latest in a string of layoffs in the tech sector this year.

Employees are worried about whether they can return to work safely.

A recent Accounting Today survey reveals how firms are handling the pandemic.

In normal times, ideally no one should be let go unless they are just not good. In these times, being practical means some may need to go. How do you decide?

More than one-fourth of CFOs anticipate layoffs at their organizations, a significant increase from two weeks ago, according to a new survey.

Bad people drive out good people.

The fast-growing practice management and tax software company laid off over 40 percent of its staff over the weekend.