The consulting world just got a massive jolt and Deloitte’s feeling it like a Monday-morning audit. The Trump administration’s revived “Drain the Swamp” agenda is now less about speeches and more about spreadsheets, led by the newl...
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How Is Deloitte Taking a Hit in Trump’s Federal Cuts?
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Following the Trump administration's reiteration of the "Drain the Swamp" agenda, the Department of Government Efficiency has begun cutting perceived waste among government consulting services; this has notably affected Deloitte, which has seen 129 federal contracts worth around $372 million cancelled or reduced. Additional companies including Accenture, Booz Allen Hamilton, IBM and Leidos, have been given until the end of March to justify their services' costs in a simple and transparent manner, signalling a potential industry-wide shift towards performance-based contracts and increased competition.
The consulting world just got a massive jolt and Deloitte’s feeling it like a Monday-morning audit. The Trump administration’s revived “Drain the Swamp” agenda is now less about speeches and more about spreadsheets, led by the newl...
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