Deloitte UK Set to Cut Another 100 Jobs as M&A Remains Slow

Deloitte UK is poised to cut another 100 consulting jobs amid a prolonged slowdown in corporate deal activity, the firm said Wednesday.

The proposed job cuts come after a review of Deloitte’s advisory corporate finance business. The reductions would be on top of 800 redundancies the firm announced in September due to slowing client demand and decreasing staff turnover amid economic uncertainty.

Other big accounting and consulting firms also slashed jobs over the past year as the merger and acquisition market remains flat.

• “We are considering restructuring parts of our advisory corporate finance business. This is in order to concentrate ...