News-News.Zip

News in English (USA) / 03.04.2025 / 15:00

Consulting Firms Face Major Cuts Amid Federal Scrutiny

In a significant crackdown on federal consulting contracts, DOGE has eliminated over 120 Deloitte contracts, marking a substantial loss for the firm, which has faced the most drastic impact compared to other consulting giants. Amid scrutiny from the Trump administration, major consulting firms, including Deloitte, are being pressured to justify their contracts and cut unnecessary expenditures. The GSA has also emphasized the need for transparency in consulting services. As these firms navigate the tightening federal budget, they are offering concessions, yet it remains uncertain if these measures will suffice to mitigate the ongoing concerns regarding waste and inefficiency in government spending.
Fortune, WSJ, Financial Times, Business Insider, AOL.com, Yahoo, Fox Business, MSN, Regtechtimes, IndexBox